Arizona republican., 1907-09-11
ARTICLES OF INCORPORATION
 of the cAucA PLACER GOLD MINING
 COMPANY.


 KNOW ALL MEN BY THESE PRESENTS: That we. whose hands are hereunto affixed, do hereby asso- ciate ourselves together for the pur- pose of forming corporation under the laws of the Territory of Arizona. and to that end make the following statement:
 FIRST: The names of the corpora tors are John Pierce. Thomas N. Fe- thuston and Alvin H. Bacon, all o. Boston, Massachusetts, and the name of the corporation shall be the Cauca Placer Gold Mining Company. The principal place in which the business of said corporation is to be transacted is Phoenix. Maricopa County. Arizona. and the principal place of business of said corporation outside the Territory of Arizona. shall be the City of Boston in the State of Massachusetts, at which meetings of stockholders and the Board of Directors may be held and the cor poration may have such branch offices either within or without the Territory of Arizona. as may be established by the Board of Directors.
 SECOND: The general nature of the
 
 this corporation Is as follows, to-wit:
 To make contracts. to purchase. lease. bond. locate or otherwise acquire, own. exchange. sell or otherwise dispose of. pledge. mortgage. hypothecate and deal in real estate and any and all kinds of personal property, mines, mining claims. oil lands, mineral lands, oil. gas. asphaltum, petroleum, asbestos, IL chinery. and to work. mine, explore. operate and develop the same and in general to- do all things necessary to the proper conduct of the business of this corporation in the territory and elsewhere. not inconsistent with the laws of the United States and the Ter ritory of Arizona.
 THIRD; The authorized amount of capital stock of this corporation shall be Two Million Five Hundred Thous- and Dollars (s2. .5OO. .O0OOO) divided into Two Million Five Hundred Thousand shares of the par value of One Dollar (s1.00) each. At such times as the Board of Directors may by resolution direct. said capital stock shall be paid into this corporation. either in cash or by the sale and transfer to it of real or personal property for the uses and purposes of said corporation. in pay ment for which shares of the capital stock of said corporation may be issued and the capital stock so issued shall thereupon and thereby become and be fully paid up and non-assessable and in the absence of actual fraud in the transaction. the judgment of the Direc- tors as to the value of the property purchased shall be conclusive. FOURTH: The time of the com mencement of this corporation shall be the date of the filing of certified copy of these Articles of Incorporation in the office of the Territorial Auditor and the termination thereof. shall be twen- ty-five years thereafter.
 FIFTH: The affairs of this corpora ton shall be conducted by a Board of not less than three (3) nor more than seven @ Directors and the following named shall constitute the Board ot Directors until their successors are elected: John Pierce. Thomas N. Fe- thuston and Alvin H. Bacon.
 Thereafter the Board Of Directors shall be elected from among the stock holders on the first Tuesday of June of each year. The officers of said cor poration until their successors are elected shall be Thomas N. Fethuston. President. ..........-., Vice President. John Pierce. Secretary. Alvin H. Bacon. Treasurer.
 SIXTH: The highest amount of in debteGness or liability. direct or con tingent, to which this corporation is at any time to subject itself shall be seven hundred and fifty thousand dollars G750. .O00.00J which amount does not ex- eeed two-thirds the amount of the cap ital stock
 SEVENTH: The private property of the stockholders of this corporation shall be exempt from its corporate debts of any kind whatsoever.
 IN WITNESS WHEREOF, We havs hereunto set our hands and seals this fifth day of June. 1907.
 THOMAS N. FETHUSTON (SeaD ALVIN H. BACON (SeaD JOHN PIERCE (SeaD State of Massachusetts.