The Arizona sentinel., 1907-10-30
Articles of Incorporation of the
 Nicaragua Mining Company.

ANiNoA 0Cb A'4AAAA0 OAA 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 1.-The name of this corporation shall be The Nicaragua Mining Company, and its principal places of transacting business shall be Yuma, Yuma County, Territory of Arizona, and at Los Angeles, Los Angeles County, State Of California, and at Jerez, Mic aragua, Central America, at which last men. tained places meetings incorporatOrs, stock holders, and of the 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 to be transacted by this corpor- ation is To acquire, hold, maintain, use, de velope, operate, hypothecate, lease, locate, sell, exchange, and dispose Of in any and every lawful manner. all kinds of mines, min eral lands and claims; smelting, ore reducing, mining and milling machinery; water, water
 
 ervoirs and ditches for mining, irrigation and transportation purposes; lands, mills, mill sites, tunnel-sites; goods, wares and merchant 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 conveyances 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 ful business within the Territory of Arizona, State of California, Republic of Nicaragua, Central America, and at any other place r places.
 Article III.-The amount of the capital stock shall be One Million Dollars Sl GOO divided into One Million Shares of the par value of One Dollar (Sl ,00) 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 be the date Of the filing of 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 five (25) years thereafter, unless renewed pur- suant to the laws of said Territory.
 Article V--1he affairs of this corporation shall be conducted by Board ofseven direct ors, who shall be stock holders m the corpo- ration; and the following named persons are hereby appointed and elected as directors of this corporation for the ensuing year, and un- til their successors are elected aud qualify to- wit: Alex B. Downe, John Best, William Chas. Anderson, J. A. Newton, Percy Thorp, and Otto Weiss. The directors of this corporation shall hereafter be elected by the stock holders 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 America; pro- vided however, that the Board of Directors may cause any regular annual meeting tr any special meeting of the stock kholders to be held in Yuma, Arizona Territory, or In Jerez, Republic Of Nicaragua, Central America, by duly adopting resolution to that effect and causing notice of the time and place of such meeting to be deposited in the PostOfflce at , 0s Angeles, Califora.. ,irected to each ,J.ck holder at his last GupNH address at least thirty days prior 10 the date of meeting. i Should director cease to De a stock holder, his office shall be deoiared vacant, and such and vancancies occurring on said | rd oil ba cd for the euexpired term by the remaining | members Of the Board.
 should the stock holders fail tO hold a regular annual meeting in any year or the day herein i appointed, new Board of Directors may he elected at special meeting of the stock holders called for that purpose thereafter. | Article VI-The highest amount of indebt- ,dness or liability to which this corporation hall at any time subject itself shall be the um of Five Hundred Thousand Dollars $500 OOO.OO.
 Article VIl-The private property Of the tock holders of this corporation shall be for yer exempt from all corporate debts and lla- 'ilitieS.
 Article VIII-The Board Of Directors of this orporation shall have power to establish by avs and to make rules and regulations for he management Of the affairs Of the corpora ion, and to appeal or amend any such by avs, rules or regulations.