Arizona silver belt. [volume] (Globe City, Pinal County, Ariz.) 1878-19??, 1906-08-02
AMENDMENT TO ARTICLES
OF INCORPORATION
Of Globe Boston Copper Mining Com
pany

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 ella, T,rritory of
Arizona, on the End dav of July, 1906,
there being present at said meeting
stockholders owning and representing
one million two hundred fifty-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
Il, 457, 1871 outstanding shares of the
capital sock of said corporation, the
total capital sock of said corporation
being two milsioa (2,0O6, 900) shares,
the following resolution was, at said
meeting, adopted by an affirmative
vote of on. million one hundred eighty
one thousand nine hundred twenty-rine
Q,lSl ,92s) shares present and voting
IN favor thereof and seventy-hve
thousand eight hundred (75, 500 shares
present and voting against such adop-
ton, said resolution being IN words and
figures as follows, to-wit:
Whereas, the authorized capital
stock of Globe Boston Copper Mining
company is two million dollars ($2, OOO,-
OO0 divided into two millioTl e, 000, 000)
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 9S7) 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 I'M
issued: and it is desired to reduce said
capitalization to one per cent Il per
cent? thereof:
Now, Therefore, Be 1t Resolved, a.
That the capital stock of said Globe
Boston Copper Mining company be- and
the same is hereby decreased. reduced
and diminished from two million dbl
lars (S2, ZOO, 000), divided into two mil-
lion (2,000, 0cO) shares of the par value
of one dollar ISL each, of which one
million four hundred fifty-seven thous-
and, nine hundred and eighty-seven
0,457, $50 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 ($20,00O divided
into two hundred thousand GOO, 900
shares of the par value of ten
cents QOc) each, of which one
hundred forty-five thousand seven
hundred ninety-eight and seven-tenths
(45, 79S. y shares shall correspond to
the shares already issued, and the re-
mainder, being fifty-four thousand two
hundred ten and three-tenths ga, 2lO.3)
shares, shall correspond to the shares
unissued.
Resolved. (2) 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 $50, 000) divided into
two hundred thousand 600, 00tO shares
of the par value of ten cents ll0c) 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 stakeholder
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 (4), 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 taxi
all proper and necessary steps to carry
these resolutions in effect
Resolved (6), That these resolutions
and the foregoing Amendment to Tho
articles of Incorporation shall bt
signed and acknowledged by the Presi
d,nt and attested by the Secretary OF
tine corporation, who shall cause the
same to be recorded and published as
required by the laws of Arizona.
WILLIAM MAGLY,
Attest: President.
EUGENE SCIAEFR,
Secretary.
corporate SesD
lfRR rrI,E,u OF ns Ar ARIZONA IS.
On this day before me, j. Weinberg.
or, notary public in and for IT,
County of ella, Territory of Ari
iona, personally appeared William
Magly, president of Globe-Bostol
Copper Mining Company, a corpora
ton, and Eugene Schaefer, Secretar,
of said corporation, known to mi
to be the persons whose names ar
subscribed to the foregoing instrument
and acknowledged to me that the ex
eeuted the same as the free act ant
deed of said corporation. by each o
them voluntarily executed for the pur
poses and consideration therein ex
dressed.
Given under my hand and seal o.
office this End day of July, 1906.
j. WEINBERGER,
Notary Public in and for the Count.
of ella, Territory of Arizona.
My commission expires March rs, 1910
Notarial Seal
TERRITORY OF ARIZONA, Go
County of ella.
l, Eugene Schaefer, Secretary o
Globe-Boston Copper Mining company
a cornoratiop orpapize cd and exist iDJ