The border vidette., 1907-03-16
ARTICLES OF INCORPORATION
 OF THE Monarch BuIlfrOg Gold Mining Company

KNOW ALL MEN BY THESE PRESENTS: That we, the undersigned, all of whom re- siderts of the State of California, have this day voluntarily associated ourselves together for the purpose of oforsanizing and conducting corpo- ration under the laws of the Territory of Ariz- 
 AND TO THAT END WE DO HEREBY CERTIFY:
 Article I. That the of this corporation shall be the MONARGH-B H-BUI.LFROG GOLD MINING COMPANY.
 Article IT. That the principal place in which the business ofthis corporation shall be trans acted is the City of NogaIes. County of Santa Cruz, Arizona, and its principal branch office shall be ill the City of Los Angeles, State of Cal ifornia; and it may establish and maintain such other branch offices either within without Arizona. as it's board of directors may establish. At such branch office in I.os-Angees, California. the first and subsequent meetings of it's stock holders and board of directors may be held. and any all of it's corporation business transacted. Article III. That the purposes for which it is formed follows:
 To discover and locate. acquire, purchase. own, hold, sell, lease, operate mines of mine rals, mining lands, water and water rights, and to carry on and conduct either within the Terri tory of Arizona, or elsewhere, .a general mining business; to construct and operate railways in connection with the operations of mining; to construct and operate reservoirs. ditches, tun- nels, and bridges to. across, over and in con nection with streams and water ways; to OWL, hold. purchase, lease and otherwise acquire, sell, lease, mortgage, cucumber, and otherwise dispose of, real, personal and all other kinds of property i'll Arizona or elsewere; to buy, sell, exchange and deal ill stocks and bonds of other corporations; to make contracts of every kind and character in any place to the effect as n natural person might do.
 Article ": That the amount of the capital stock said corporation is SI,ooo,ooo and the number ofshares into which it is divided is ooo,- 900 of the par value of Sl each.
 Article Y: At such times the board of direc- tors may direct the capital shall be paid into he corporation, and such payment may be either in cash by the sale and transfer to it of property of any kind for the and purposes of said corporation, and shares of the capital stock may be then issued, and when so issued, shall thereupon be forever fully paid up and ron-as- sessable; and in the absence of actual fraud, the judgment of the board of directors the value of such property or services performed or rendered to the corporation for shares of stock therein, shall be forever conclusive. Shares of stock may be issued for services rendered to said corporation either in it's creation, or otherwise. and such stock sball stand upon the same foot ing if it had been paid for in actual cash.
 Shares of the capital stock may be sold by order of the board of directors any sum less than par which said board in it's discretion may direct. and when so sold and issued. if issued as fully paid shall forever be deemed fully paid for, and the holders thereof shall never be be come liable to said corporation, to creditors thereof or to any person persons whatsoever for the amount of the difference between the price paid for said shares of stock and the par value thereof.
 Article VT. The existence of this corporation shall commence at the date which the certified copy ofthese articles of incorporation shall be filed with the Territorial Auditor oi ArIzona, and the termination thereof shall be
 
 | tended pursuant to the laws of said Territory 9 Arizona.
 Article VII. The affairs of this corporation shall be conducted by board of Five-s-;irectors Three-5-of whom shall constitute quorum aut whose acts shall be as binding if all five were present. The directors slay provide such of icers, agents and employees for this company they deem best, and compensate them il | money or stock of this corporation. The follow ing persons small constitute said board of direc tors until their successors shall be duly elected Names whose residence is at Fred II. Vahrenkamp, Los Angeles, Cal l John J. Duffie, San Francisco, Cal William T. Calderwood, Los Angeles Cal $. F. Wi1es Los Angeles Cal H. T. Morrow, Los Angeles, Cal All subsequent directors shall be elected from among the stockholders annually and for whicf | the Bylaws shall provide. The vote of any stOckholder may be cast in person by written proxy, which written proxy. when once execut ed, shall continue in force until written revoca- ton thereof shall be filed with the secretary hereof.
 Article VIII: This corporation shall never create indebtedness against itself in all amount exceeding $5oo,ooo- Article TX: The stockholders of this corpora ton and their private property shall be forever exempt from all corporate debts and liabilities whatsoever, and shares of stock herein shall forever be non-assessable.
 IN WITNESS WHEREOF, we have hereuuto set our hands and seals this 4tll day of March 1907
 Fred H. Va1lrenkamp.
 John J. Duffy.
 William T. Caldcrwood
 5. F. Wiles.
 IT. T. Morrow.