The oasis., 1907-08-31

DISAPPOINTMENT C0NrANY rhe ffI6eipa, place Withn the Territory uf Arizona fn whieh the business of sold Corpora. t0n is to be tfsusaeied ls Nugales. sanfa CfW County Aftona, and the Cooperation may establish branch offices either within 0f wlth. ont the Territory pf Arizona. where meetings 0i ihe Board oi Directors may bc held
 SECOND. The general ua ure uf the business proposed Co be transacted by this Corporation is Hs follows. t0.Wif.
 general Mining Reduction and Merchan. dising Company with iul power Co make con. tracts. Co 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 including shares iu this and other corporations; mines, mining claims, oil lands, coal lands, mineral lands, oil, gas, coal, shale, asph8ltum petrC- leum, asbestos, salt, water and water rights and machinery and tO work, mine, explore. operate and develop the same; and in general do a. things necessary to the proper conduct of the business of this Corporation in the Ter ritory or elsewhere. not inconsistent with the laws of the United states and the Territory of Arizona, the Republic Uf Mexico, and State of sonora.
 THIRD: The authorized amount of capital stock of this corporation shall be Five Hundred Thousand Dollars (S500,0 ,000UOl divided into five hundred thousand shares (10J,0U0) of the par value of One Dollar ($1O0) each. At such times as the Board of Directors may by resolu- Ll0n QlfeCt. Sdld cdpltdl SlOCk sldll De paid this Corporation, either Tn cash or by sale and transfer to it. of real estate or personal proper ty for the uses and purposes Of said Corpora ton, in payment for which shares of the capital stock of said Corporation may be issued, and the capital stock SD issued shall thereupon ana thereby become and be fnlly paid up and non assessable, and in the absence of uctugl fraud in the transaction, the judg- ment of the Directors as to the value oi the property purchased shall be conclusive.
 FOURTH: The time of the commencement of this Corporation shall be the date of he filing of a certified copy of these Articles 0l lncor- poration n the office of the territorial auditor and of the Recorder of santa Cruz County, and the termination thereof shall be twenty-five years thereafter
 FIFTH: The affairs of this Corporation shall be conducted by board of seven directors and the following named shall constitute the Board of Directors until their successors are elected: Who shall have power to increase their number, and their successors shall have like power: NJ. F. Wright, Allen T. Bird, J. F. D0nneii, k. S. England, S T. Waggener, C. l.. England. F X Recent. Thereafter the Board of Directors shall be elected from among the stock khOlders on the First Monday in July f until their successors are elected, shall be: $ T. Waggener President: R. :. England Vice President; C. C. England, secretary; J. F. Donnell, Treasurer.
 SIXTH The highest amount of indebtedness or liabil ty, direct or contingent. to which this Corporation is at any time subject shall be Two Hundred Thousand Dollars (S2OU OVO.O0), which amount does not exceed two-thirds the amount of capital stock.
 SEVENTH: The private property of the stock holders of this Corporation shall be exempt from corporate debts of any kind whatsoever IN WITNESS WHEREOF. We have hereunto set our hands and seals this 10th day of July. l907
 N. F. WRIGHT. fSEALl
 ALLEN T. BIRD, [SEALl.
 J. r. DONNELL, tSEAL1.
 R. :. ENGLAND, lSEALl
 :. T. WAsGENER, lsEALl
 C. C. ENGLAND. tSEAL1
 K. FREIGHT, [SEALl.