Mohave County miner. [volume] (Mineral Park, A.T. [Ariz.]) 1882-1918, 1906-08-11

turnpike or canal which may lead from the
principal works OF said company, IN the uiI-
igable stream, or to some existing railroad
turnpike or public highway.
To pay any individual or corporation for any
right, privilege, license, matter or thlng re
ceived, either in cash, evidence OF DEBT, or IL
shares of the capital stock Of the corporation
organized hereunder ut the par value oil such
stock, and at a bona hde valuation OF the
right. privilege, license, matter OF tnine 81 ie
ceived and paio for.
To receive in pavment for any right, piivi-
lege, license, matter or thing that may be IN
any manner transferred Oy the corporatlon
organized hereunder to any other "a .t
either cash, evidence Of debt, or shares OF the
capital stock of the corporation 70 Whlch any
matter or thing as aforesaid. is SO transferred,
such shares of such capital STOCK 70 oecoLne
part of the assets OF the corporation, organ,
lied hereunder and to be held. managed, useu
and disposed OF as its directors may deem Tor
the best interests Of the corporation organlzeu
hereunder.
To deal in any evidences of debt received in
payment for any right, privilege, license, mat
ter or thing transferred by the corporation
Organized hereunder, as the directors may
deem for the best Interests OF the corp0ratls09n'
as to holding the same, procuring 1t to be dis
counted, negotiating il, purchasing IT, II tine
interests of the corporation require sucn &C
ton, and generally dealing with same accoI I
ing TO mercantile usage and customs, but not
engaging in the business Of banking or In
business Of a corporation intended TO derive
profit from the loan and use OF money.
To make contracts, to purchase, lease. bond
locate or otherwise dispose OF, pledge, mort
gage hypothecate and deal in real estate and
any and all kinds of personal property, mines;
mining claims oil lands. coal LANDS, mlneral
lands, OIL gas, coal shale, srhaltum, petrol
cum. asbestos, salt, water ana water rlghIs
and machinery, and to work, mine, explore,
operate and develop the same; ana IN general
TO do all things necessary to the proper con
duct of the busness of this corporation In the
Territory and elsewhere. not inconsistent Win
the laws of the United States and the Terrl-
tory of Arizona
Third: The authorized amount of capital
stock Of this corporation shall be One Million
81 600 600 OO dollars, divided into one million
shares of the par value of one tSl.OO) each
Said capital stock shall be paid in 10 TINS cor,
poration within six months from the date OF
filing of a certified copy OF these Articles OF
Incorporation in the office Of the territorial
Auditor. either in cash or by sale and transfer
to il of real or per- onal property Tor the uSes
aud purposes of said corporation, In payment
for which shares of the capital stock OF sal9
corporation may be issued, and the capltal
stock so issued shall thereupon and thereby
become and be fully paid up and non-assesS-
able and in the absence OF actual fraud in the
transaction the judgment Of the directors as TO
the value of the property purchased shall De
conclusive.
Fourth: The time Of the commencement Of
this corporation shall be the date of the filing
Of a certified copy Of these Articles OF lncor-
poration in the oftice of the Auditor and me
years thereafter.
Fifth: The affairs of this corporation shall
be conducted by a Board Of seven directors
and the following named shall constitute the
Board Of Directors until their successors are
elected:
John Breiner. E. s. Osborne, F. S: Conger
| o. L. Blachly. s, L. Blachly. X A. Siddle ano
Geo. w. Kearns-
Thereafter the Board Of Directors shall Dc
elected from the stockholders on the first Sat
/ urday of June of each year.
| The officers of said corporation until theil
successors are elected shall be John Bremen
/ President; Z. ). Osborne, Vice-PreSident; r
! :. Conger. Secretary; o. L. Blachly. Treasurer
/ and 5. L. Blachly, Official Assayer.
| Sixth: The highest amount Of indebtedness
or liability, direct or contingent. 70 which thl'
corporation is at any time subject shall be five
| hundred thousand (S50O, 0OOO0) dollars. which
amount does not exceed two thirds OF the cap
/ ital stock.
Seventh: The private property OF the stock
holders of this corporation shall be exemp
from corporate debts of any kind whatsoever
In Witness Whereof, we have hereunto sc
our hands and seals this the Both day OF June
! 4. D.. 1906.