The oasis., 1906-02-10

HfHAsAeeals snd iraf i1 fo1l rsfFIa auH NHf HNt 4fi kiuNt Af reftHn0I NINHtlItI mlNFs nfHiuH fiaiNs 9ii iHHHt FHt aHd. HluHfa .aA4s efi goa faHI shaie aaihaifvm. pftfuleum. tesiNt salt Naftf aNH Fatri
 ghff and machinery AuH C. Wafe Mihet explore. operate and deFtinN iNt amf Hna ln seuelal iY du ali things utce.saff iu ihr fHppff conduct of fle business Uf iNls fffpafaflgH iu ihe Territory aud elsewhere. u,N Inconsistent with Che laWs lf thc nlicd -fntes and the Territory ol Arizona. of Che Republic of Mexico and -iute of spuoia.
 stock of this Corporation shall Toe One Million Dollars fSi 0o0 pW divided into one Million l,WOt9u) shares of the paf value of One Dollar f1OO each At such times as he Board 0f pircct9rs may by resolu- ton direct said capital stock shalt he paid into this Eorporatieu either iu cash or by the sale and transfer C. it si real CT personal property for the uses and purposes VI said corporation in payment for which shares or the capital stock of sad e. operation may be issued and the capital stock so Issued shall thereupon and thereby become and be fully paid np and non-asSessable and ia the absence of actual fraud III the transaction the Judg- ment of the Directors as to the value oi the property purchased shall be conclusive
 FOURTH The time of the commencement oi this Cooperation shall be the date of the niIng of a certified copy of these Articles ot inepr- pOraton in the office of the territorial auditor, and of the recorder of santa Cruz county, nhd the termination thereof shall be tNcnty-hNe years thereafter.
 FIFrm: The affairs of this corporation shall be conducted by a board oi five Directors who shall have power to add to their own number as in their judgment the interests oi the Corporation may require they may tii ail vacancies occurring on the Board, whether by death resignation or otherwise; and they can create additional offices in the official staff 0i 1 the Corporation as the needs of the business mlty require. and the following named shall 1 constitute the Board of Directors untiltheii successors are elected:
 l George n Cooke William kilbHrn, A V Dal 1 ton. 4 D. ChildresS. Damn W. kilburn There after the Board of Directors shnll be elected l from among the stockholders on the Ihird i Monday in January 0i each year The Oiilcers ! cf said Corporation until their successors are l elected shall be: George \. Cooke, President Dana w KilbuIu, President; X. D. Ehils 1 dress, secretary and Treasurer John F. Magrn- der Superintendent and Mining Expert. SIXTH: Al all meetings of the Board oi Directors members thereof shall have the power 0f cumulative voting. according 70 the number of shares of stock they individually represent
 SEVENTH. The highest amount of indebted ness or liability, direct or e0nfingent.to which this Corporation is ut any time subject shall he Six Hundred Thousand Dollars (SH00haVl which amount does not cxteed two-lhiTds the amount ef capital stuck
 EIGHTH The private property Ut the sf9ek' holders of this Corporation shall be exempt from corporate dehts 1f any kind whatsoever. IN WITNESS WHEREOF, We haye hrreIut0 Sei our hands and seals this twenty filth day u January, ia06.
 A D. .cHMDREss, ssEAL1
 ALLEN [ BIRD, SEAL