Arizona republican., 1906-11-06
ARTICLES OF INCORPORATION OF THE DULUTH EXPLORATION
 COMPANY

Know all men by these presents: That we, the undersigned, have this day associated ourselves together for the purpose of forming a corporation under the laws of Arizona, and for that purpose do adopt the following char ter:
 Article l. The name of this corpora tion shall be Duluth Exploration company"
 Article II. This company shall keep a local office in Phoenix, Arizona, anI may keep other principal offices and places of business at Duluth, State of Minnesota and Milford. State of Utah; at any of which places of business meetings of incorpOrators, stockholders and directors may be held and corpO rate business may be transacted.
 Article III. The amount of the cap ital stock of this corporation shall be S200.OO0.0O, divided into 10000 shares of the par value of s10.OO each. Said capital stock shall be paid up at the date of issuance, or at such time or times and in such amounts as the board of directors shall designate, in money. property labor or any other valuable right or thing, and the judg- ment of the board of directors or man aging officer as to the value thereof shall be conclusive.
 ] Article ". The general nature Of | the business in which this corporation shall engage is as follows, to-wit: ! Mining in all it's branches, owning all ] kinds of property necessary or conven- | tent thereto; reducing or smeltins | ores; owning, operating, buying, sell | ing and leasing. both as lessor and J lessee, all kinds of mining property, ] real estate, personal property, ease ments, franchise, rights of way, patent l rights, water rights, mill rights, tele- phone, telegraph and all other things | necessary or convenient to the carry ing on of a general mining business; holding stock in other corporations, and engaging in any and all classes of business that a natural person might or could in the United states l or in any part of the world.
 | Article V: The management of this I corporation shall be vested in board of five directors, who shall be elected annually the second Tuesday of Octo ber of each year, as the bylaws shall provide. The first board of directors shall be Henry $. Ely, F. Emmons, John P. Merritt Horace $. Davis and l.. C. Merritt all residing at Du- luth, Minnesota, and they shall serve until the first annual election, to be held in the year 1907.
 Article VI The highest amount oC
 liability that this corporation shall in cur at any one time shall be the sum of $15O,OOO.OO.
 Article VII. The duration of this corporation shall be twenty-five years
 from date hereof, but it's charter
 rights may be renewed from time to
 time perpetually Each renewal shall
 not exceed twenty-five years.
 Article VIII The private property
 of the stockholders of this corporation
 shall be and is hereby made forever
 exempt from liability for it's debts and
 other obligations.
 Article TX. The capital stock of this
 corporation shall be and is hereby
 made forever non -assessable by this
 corporation for any purpose.
 In witness whereof we have here
 unto set our hands and seals this
 day of October, 1906. .-.-...........-. (Seal) ..................( (SeaD ..-'.-.......-..... (SeaD
 State of Minnesota, County of St
 Louis ss.
 public, in and for said county, and
 state. on this day, personally appeared
 E. Emmons, John E. Merritt and Hor-
 persons who subscribed to the forego-
 ing instrument and acknowledged tC
 me that they executed the same for tn,
 purposes and considerations therein
 expressed. Witness my hand and sea ! this day of october, 1906,