The Arizona sentinel., 1907-11-27
Articles of Incorporation Of the
 Nicaragua Mining Company.

Know all men by these presents, that we. the undersigned Alex. B. Downe, Chas And
 erson and John Best, have this day associated
 ourselves together for the purpose of forming
 a corporation under the laws Of the Territory
 Of Arizona, and for that purpose do adopt
 these articles of incorporation:
 Article line name of this corporation
 shall be The Nicaragua Mining COmrauy, and it's principal places of transactnG business shall be Yuma, Yuma County. Territory Of
 Arizora, and at Les Angeles, Los Angeles
 County, State Of California, and at Ierez, Sic araguA, Central America, at which last men,
 taincd places meetings incorpOrators. stock
 holders, and of inc Board of Directors may be
 held, and all corporate business may be trans
 acted with the same effect as If held, done or
 perform at Yuma, Arizon.
 Article 1.-The general nature Of the busi- ness proposed Co be transacted by this corpor- atiOn is: To acquire, hold. maintain, use, de velope. operate hypOthecate, lease, locate, sell, exchange, ard dispose of in any and every lawful manner. all kinds Of mines, min er;,l lands and claims; smcltirg ore reducing, mining and milling machinery; water, water power and water-riGhts; tunnels, sluices, res ervOirS and ditcheS for mining, irrigation and transportation purposes; lands, mills, mill sites, tunnel-sites; goods, wares and Inerchan- disc; stock and bonds of this corporation and of other corporations and companies; patents. patent-rights, franchises. licenses; such board ing houses, warehouses, telephone and tele- graph lines, wagon roads. toll roads, wagons and other convcyanccS propelled by animal, steam, elecrtric or other power, power plants and other property, as may be necessary or convenient to the conduct of the general busi- ness of the corporation: To engage in any law full business within the Territory Of Arizona, State of California, Republic of Nicaragua, Central America, and at any other place or places.
 Article IIl.-The amount of the capital stock shall be One Million Dollars (sl ,OC0, ,0Oo) divided into One Million Shares of the par value of One Dollar (Sl O0) each; which capi- tai stock shall be paid in at the time Of the is- Suance of certificates therefore, in money. ser vices or other property, and shall forever be non -asseable for any purpose whatever, and the judgment of the Board Directors as to the value of any such services or property shall be conclusive.
 Article IV-The time Of the commencement of this corporation shall F,e the date Of the filing of a certified copy of these Articles, as filed with the County Recorder Of Yuma County in the office of the Territorial Audit or, of Arizona. and shall endure for twenty i've (25) years thereafter, unless renewed pur- i suant to the laws of said Territory.
 Article V-The affairs of this corporation shall be conducted by Board ofseven direct | OTIS, who shall be stockholders ln tho corpo- : ration; and the following named persons are hereby appointed and elected as directors of this corporation for the ensuing year. and un- { Ii! their successors are elected aud qualify to- wit: Alex E. DOwne, John Best, William : Chippcndale, Chas. Anderson, J. A. Newton, Percy Thorp, and Otto Weiss. The directors [ of this corporation shall hereafter be elected { by the stockholders at their regular annual ! meeting, which shall be held on the Second Wednesday in October of each year, at the hour of two o'clock in the afternoon, at the office of the corporation in Los Angeles, State oi California, United States Of Anerica; pro- vided however, that the Board of Directors may cause any regular annual meeting CT any special meeting of the stockholders to be held in Yuma, Arizona Territory, or In .Ierez Republic of Nicaragua, Central America, by duly adopting q resolution to that effect and causing a notice of the time and place of such meeting to be deposited in the Postofico al Los Angeles. California, directed to each at his last known address at least thirty days prior to the date of meeting. Should director cease to be stockholder, ais office shall be declared vacant. and such and vancancics occurring on said Board through any other cause, may be flied Or the euexpired term by the remaining members Of the Board.
 should the stockholders fail to hold regular nnual meeting Tn any yearon the day herein appointed, new Board of Directors may be lected at a special meeting Of the stock lolders called for that purpose thereafter
 Article VI-The highest amount of irtiebt- dness or liability D which this corporation hall at any time subject itself shall be the r um Of Five Hundred Thousand Dollars z S5On, ,0O0 00>