Arizona silver belt., 1906-07-12
AMENDMENT TO ARTICLES
 OF INCORPORATION
Of GIobe-Boston Copper Mining Com
 pany

KNOW ALL MEN BY THESE PRES ENTS, That at regular annual meet ing of the stockholders of Globe Boston Copper Mining company held pursuant to notice heretofore given, at the office of said company in the Town of Globe, County of Gila, Territory of | Arizona, on the 2nd day of July, 1906, there being present at said meeting stockholders owning and representing one million two hundred iifty-seven thousand seven hundred twenty-nine | Q,257, 729) shares of the capital stock ' of said corporation out of total of one million four hundred fifty-seven thousand nine hundred eighty-seven | Q,457 ,9SO outstanding shares of the capital stock of said corporation, the total capital stock of said corporation being two million (2,0O0, ,000) shares, the following resolution was, at said meeting. adopted by an affirmative vote of one million one hundred eighty one thousand nine hundred twenty. nine | Q,lSl, ,929) shares present and voting | in favor thereof and seventy-five thousand eight hundred (75, ,SO0) shares ! present and voting against such adop-
 
 figures as follows, to-wit:
 Whereas, the authorized capital stock of Globe-Boston Copper Mining company is two million dollars (S2, 000,- OOO divided into two million @, ,000, 00O) shares of the par value of one dollar | (SD each, of which one million four hundred fifty-seven thousand nine hun dred and eighty-seven q ,457, 987 shares are issued and outstanding, and of which the remainder, being five hun dred forty-two thousand one hundred and three (542, l03) shares, are un- issued; and it is desired to reduce said capitalization to one per cent q per cent) thereof
 Now, Therefore, Be It Resolved, l) That the capital stock of said Globe Boston Copper Mining company be and the same is hereby decreased, reduced and diminished from two million dol lars (S2, 900. 000), divided into two mil lion (2,000, ,000) shares of the par value of one dollar ($D each, of which one million four hundred fifty-seven thous- and, nine hundred and eighty-seven q, ,457, ,98O shares have been issued. and the remainder, being five hundred forty-two thousand one hundred and three (542, l03) are unissued, to twenty thousand dollars (S20,000) divided into two hundred thousand (200, 900 shares of the par value of ten cents Q0c) each, of which one hundred forty-five thousand seven hundred ninety-eight and seven-tenths tl45, 798.O shares shall correspond to the shares already issued, and the re- mainder, being fifty-four thousand two hundred ten and three-tenths (54, ,2l0.3 3 shares, shall correspond to the shares unissued
 Resolved. @ That Article Third of the Articles of Incorporation of said company be and it is hereby amended so as to read as follows:
 Third. The amount of capital stock authorized shall be and is twenty thousand dollars (S20, ,00O) divided into two hundred thousand (200, ,000) shares of the par value of ten cents Q0c) per share; and such stock when issued out of the treasury shall be transferable. fully paid for, and thereafter be non assessable.
 Resolved (3) That every stockholder of the company shall be deemed the owner of and entitled to one share of said reduced capital stock for each and every ten shares of the original stock now owned and held by him, each of which shares of the decreased capital stock shall be of the par value of ten cents Q0c).
 Resolved (D, That the assets of the | company in excess of the reduced and outstanding capital stock as soon as they are disposed of and turned into cash from time to time be distributed | among the stockholders.
 Resolved (5), That the board of directors of said company be and it is hereby authorized and directed to take | all proper and necessary steps to carry | these resolutions into effect.
 Resolved (6), That these resolutions and the foregoing Amendment to the Articles of Incorporation shall be signed and acknowledged by the Presi dent and attested by the Secretary of the corporation, who shall cause the same to be recorded and published as required by the laws of Arizona.