Arizona republican., 1906-01-26

fic powers shall not be held to limit or re- strict in any manner the general powers
 Third: The company shall be author ized to issue capital stock to the extent of four million dollars (S4OSO.0O0). divided | into eight hundred thousand (sO0,00O shares of the par value of five dollars
 The company may issue it's capital stock in consideration of cash, services or ors or the company snail be conclusive as to the value if any services or prop- erty for which the stock of the company Fourth: The time when the company shall commence business shall be the first the termination thereof shall be the first | day of December 1880.
 i Fifth: The number of directors shall | be seven, each of whom shall be the owner and registered holder of at least ten shares of the stock of the company. | The date of the annual meeting shall every year of the existence of tf1r, com l pany and such annual meeting shall be | held either at the principal office of the company in the Territory of Arizona or at the office of the company in the city l of Boston. State of Massachusetts, or the city of New York. State of New York, as may, be designated in and by the bylaws 1 of the company.
 At any and all meetings of the stock holders, each stockholder shall be en- titled to cast either by proxy or in per son, one vote for each share or stock registered and standing in his name at the time that the transfer books of the company shall be closed next preceding
 SixtH: The highest amount of indebt- edness or liability which may be at any time incurred by the company and for which it may be liable shall not exceed the sum of two million, five hundred thousand dollars CS2.5OO 0O0) Seventh: The private property of the officers directors and stockholders of the corporation shall be exempt from any and all liability whatsoever for corporate debts nor shah any of the offic,-ts di- rectors or stockholders of the company be personally responsible or liable for a F1Nr act n- in fr G GT Of | company.
 Eighth: In furtherance and not in lim- itation of the powers conferred by stat ute, the board of directors are expressly authorized;
 1. To hold their meetings at one or more offices and to keep the books of the company within or without the Territory oI Arlzoha at sucI places as may ps from time to time designated by them 2. To determine from time to time whether, and if allowed when, and under what conditions and regulations the ac- counts and books of the company. or any of them, shall be open to the inspection of the stockholders, and the stockholders rights in this respect are and shall be restricted or limited accordingly.
 B. To make, alter, amend and rescind. the bylaws of this company, fix the amount to be reserved as working capi- taI authorize and cause to be executed mortgages and liens upon the real and personal property of the company, pro vided always that a majority or the whole board concur therein.
 4. To sell, assign, transfer or otherwise dispose of the property of the company a entirety. prONlQeQ always that majority of the whole board concur therein.
 jority of the vote of the whole board, under suitable provision of the bylaws, to designate two or more of their num- Der to constitute an executive committee which committee shall for the time being, as provided in said resolution or in the bylaws have and exercise all the powers of the hoard of directors which may be lawfully delegated in the management of the business and aaffirs of the company nd hal haK HErtaV- fn a mi Fhgnr-i he seal of the company to be affixed to all papers which may require il. The com pany may use and apply its surplus earn ings or accumulated profits authorized by law to be reserved to the purchase or chase or acquisition of its own capital stock from time to time to such extent and in such manner and upon such terms as the board or directors small deternlne, and neither the property nor the capital stock so purchased or acquired nor any of it's capital stock taken in payment or satisfaction of any debt due to the company shall be regarded as profits for the purpose of declaration of payment Of dividend unless otherwise determined by majority of the board of directors
 Ninth: The amount of money With which the company shall commence business shall be the sum of one hun dred dollars G1O0).
 herein, shall and do respectively sub- scribe for and do agree to take the num- names and have accordingly signed this certificate and affixed our sales heerto.
 
 East Orange, \; J.; number of shares. eight (S); par value. S4000.
 Rudolph W. Specht, pOstoffice address. Orange, N. J.; number of shares, four (D; par value. 5000
 A. H. Nanderpoel, pOstofice address, Oarnge, N; J.; number of shares, eight
 In witness whereof. we have hereunto fixed our hands and seals this 22d day of
 " ''-' TAE0DORE p. OTIS.
 AUGUSTUS H. NANDERPOEL.
 
 State of New York,
 County of New York ss.
 personally appeared theodore D. Otis. Rudolph w. Specht and A IL Wander several persons whose names are sub, scribed to the foregoing instrument, and seyerally acknowledged to me that they severally executed the same for the pu5- pose and consideration therein expressed Given under my hand and seal of of fee, this 22d day of November, A; D lgJ5 My commission expires March 30 1905
 CARLETON SPRAGUE COOKE, New York County No. 195. State of New York,
 County of New York, ss. county of New York, and also Clerk Of the Supreme Court for the said county, hereby certify that Carleton Sprague Cooke, whose name is subscribed to the ment of the annexed instrument. and thereon written, was, at the time of talk ing such proof or aCknOWIedSmeut, q notary public in and for the county Of New York, dwelling in the said county commissioned and sworn, and duly au- thorized to take the same. And further that I am well acquainted with the hand writing of such notary, and yerily be- lieve that the signature to the said cer- tiGcate of proof or acknowledgment is genuine.
 In testimony whereof I have hereunto set my hand and affixed the seal oH the said court and county, the 23 day of Nov, 1905.
 (Court and County SeaD THOS. l.. HAMILTON, Clerk.
 Filed according to law Dec. l, 19Uo. ARTICLES OF INCORPORATIUN OF
 UNITED STATES PLACER MIN