Mohave County miner., 1906-12-22


 Whereas N. E. Ferguson and P. K. Kline. felter have become associated together for certain undertaking and for the better carrying on of same, the undersigned have agreed to or ganize a corporation under the Territory of Arizona laws.
 Now, THEREFORE, KNOW ALL MEN BY THESE PKESENTS:-
 That we, the undersigned, do hert by associ ate ourselves together for the purpose of form ing a cOpartnership under the general laws of the Territory of Arizona; the name of which company shall be the MINERAL HILL DEvrL OPMENT Co.,, ana the principal place of trans acting business of which corporation shall be kingman MOhave Co.,, and other offices may be established at any points selected by Board of Directors.
 The general business to be transacted by said corporation is to purchase, lease locate and otherwise acquire mineral lands and min. ing claims; to explore lands for minerals and metals, to mine for minerals and metals. to extract. concentrate and reduce, buy and sell and deal in ores, minerals and metals; to erect. maintain and operate SmelterS and other plants, to treat and reduce ores; to purchase, lease, locate, appropriate, develop, or other, same to sell and convey; to acquire by pur chase or otherwise mill sites. dam stes or reservoir sites: rights of way for ditches con- duits. acqueducts, pipe lines and canals; to erect and maintain telegraph and telephone lines and electric light and power lines, and acquire by combination or otherwise rights oi way for such lines; to erect and maintain plants for operating teiephone and telegraph systems, and electric power plants in connec- tlOn with the mining operations Of the com- pany, to build maintain and operate wire ca ble. or other tramway or railroads to be oper- ated and run by electricity, steam, gravltatiOn otherwise. leading from it's principal works or o some existing railroad, turnpike, or pub lie highway; to condem land necessary for the construction of any such tramway or rail road. and for all purposes necessary and con venient in the operation thereof; to acquire by lOcat on otherwise lands and rights for tun- nelS, and all appurtenaL ces thereto incident and appertaining: to sell, exchange, lease and grant licenses, privileges and interests in and 10 any ol the properties and rights acquired by the corporation; to carry on the business of merchandising and general trading; to lay out towns and townSlteS, and to sell and dispose of lots therein and Improvements on the same; o borrow money; to make and issue prOmiSSOr, notes. bills of exch ange, debentureS and obi cations md other evidences of indeDtedness of every kind and description necessary or con- venient in the conduct of its business. and tu secure the same by mortgage, pledge, or other wise: to acquire, hold and sell stock in other corporations. and to hold, acquire and sell bonds and other securities and evidences of indebtedness.
 The amount of capital stock of said corpora tion shall be two hundred and fiftT thousand dollars, divided into two hundred and fifty thousand shares of one dollar each, pro. vided further that said capital stock may be paid into this corporation either in cash or services. or by sale and transfer of real or per Sonal property to the corporation for the uses aud purposes of the corporation as the Board of Directors may determine. When shares of stock shall have been paid for, in any of said ways, certificate of such shares may be issued. and the shar so issued shall thereupOn and thereDy become and be fully paid and non asSable. and in the absence of actual fraud in the transaction, the judgment of the Di ectors iIs to the value of the property shall be con. elusive. The stockholders may vote by writ the transaction of any business that may prop erly come before the stockholders meeting.
 "
 The time of commencement of the sald cor poration shall be the time of the filing of the certified copy of these articles. in the office of the auditor of said Territory, and the time of the deter imitation of this corporation shall be twenty five years from the date of such filing. The affairs of said corporation shall be con ducted by Board of Directors consisting of five stockholders who shall be e,ected annually ,n the first Tuesday after the first Monday O April. The Directors so selected shall hold a Directors meeting immediately following that of Stockholders and elect from among them selves President Vice President, Secretary and Treasurer. It being further provided that those to serve until their successors will be elected at annual meeting will be as follows: J. w. Carr, President.
 P. K. klinefelter, Vice President.
 N. E. Ferguson, Secretary and Treasurer. w. c. Fellows.
 c. A. Shepard.
 The highest amount of indebtedness or lia- bility to which said corporation shall at any time subject itself shall be two hundred and fifty thousand dollars.
 Private property of the stockholders of said corporation shall be exempt from the debts of said corporation
 names this 26th day of Novem Der, 19O6
 N. F. FERGUSON,
 F. K. KIINEFELTER Territory of Arizona, ss
 County of Mohave. '''
 Before me, Ross H. Blakely Clerk of the District Court in and for the county aforesaid, this day. personally appeared N. E. Ferguson and P. K. klinefelter, known to me to be the persons whose names are subscribed to the foregoing instrument, and acknowledged that they executed the same for the purpose and consideration therein expressed,
 Given under my hand and seal this 26th day November A. D. 1906.
 (SeaD ROSS H. BLAKpLY, Clerk of the District Court of MOhave County. Recorded at request of N. E. Ferguson Nc vember 26th, A. D. 1906, at 10 minutes past three o'clock p. m., in Book B. pages 43-44 45 46 of In corporation Records of MOhave County Ari- zona Territory.
 [Seall THOS. MCNEELY,
 County Recorder. First publication Dec 1-Jan
 Mine Warming Notice