Mohave County miner., 1907-03-09
AR TICLES OF INCORPORATION
AN AN ~ E , UT uNOONfOKA IGN
 OF THE Horseshoe Gold Mining and Milling Company"

Know all men by these presents that we, whose hands are hereto affixed, do hereby as soclate ourselves together for the purpose of forming corporation under the laws oi the Territory of Arizona, and to that end make the following statement:
 w. rhorI. W. Moore, and O. F. Kuencer. and the name of the corporation shall be the "Horseshoe Gold Mining and Milling Con- pany." The incil al place within the Terri tory of Arizona in which the business of said corporation is to be transacted is Kingman, County Of Mohave, aud the corporation may establish branch offices either within or with on, the territory of Arizona where meetings of the board of directors may be held
 Second. I ne general nature of the business proposed 10 be transacted by ths corporation and otherwise dispose of ores, meta,s, and minerals; 10 smet. reduce, extract, Iefine aneal and otherwise treat ores, minerals and metals; and to manufacture, acquire, deal in, sell and otherwise disi ose of all pIOducts or ores, minerals and metals To purchase, lease and otherwise acquire. improve, develop, let. construct and operate any railroad tramway, turnpike or canal which may lead from the principal works of said con pany, in the diff ierent counties of said Territory, to some nay lgable stream or to some existing railroad turnpike or public highway.
 To pay any individual or corporation for any right, privilege license. matter or thing received ethel in cash. evidence of debt, or
 
 tion organized hereunder at the par value of such stock. and al bona fide valuation of the right, privilege. license, matter or thing so re- ceiyed aud paid for.
 To receive in payment for sny right. privi- lege. license, matter or thing that may be in any manner transferred by the corporation or ganized hereunder to any other corporation, either cash evidence of debt or shares of the capital stock of the corporation to which any matter or thing, as aforesaid is sO Transferred, such shares of such capital stock to become part 0f the aSSettS Of the corr. F.OfatiOA, organ ized hereunder, and held ma.lsg d. used auu ulol Osed of as its directors may deem for the best Interests of the corporation oigauiZeo hereunder
 ] 0 deal in any evidence ot debt received in payment TOT any right privilege, license, mat. Ter or thing transferred by the corporation or gauiZed hereunder, as the directors may deem for the best interests of the corporation, as 10 holding the sme, procuring it to be discount ed, negotiating 1t. repurchasing it, if the inter ests of the corporation require such action, and generally dealing with same according to mercantile usage and customs, but not en- gazing in the business of banking or in a busi- ness of a corporation intended to derive pro- fit from the loan and use of money.
 To make contracts. to purchase, ease, bond. locate or otherwise dispose of, pledge. mott gage, hypothecate ana deal in real estate aLd any ahd all kinds of personal property mine. mining claims, oil lands, c. al lands mineral l, nds. oil, gas, coal, shale asphaltum, pe'ro,, el m, asbestos, salt, water and wats rights and machinery, a. d to work. mine. explore and ol crate ana develop the same; and in gene ral to do all things necessary to the proper con- duct of the business of this corporation in the ierrltory and elsewhere not inconsistent with he laws of the United States and the Territory of Arizona.
 Third. The authorized amount of capital stock of this corporation shall be One Million ($l .OOO 900 OO) Dollars, divided into one million shares of the par value of One ($l O0) Dollar each. Said capital stock shall be paid In to this corporation withu six months from the date of filing of certified of thpsa arti- | cles of incoI poratiOn in the office of the Ter | ritorial Auditor, either in cash, or by the sale and transfer to it of real or personal property for the use and purposes of said corr oratoh. in D. yment for which shares of the capital stock of said corporation may be issued and the capital stock so issued shall ,hereupon 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 shall be | conclusive
 Fourth. The time of the commencement ot this corporation shall be the date of the f- ing of certified copy of thee articles of in. corporation in the office of the Territorial Auditor and the termination thereof shall be twenty-five years thereafter.
 Fifth. The affairs of this corporation shall be conducted by board of five directors, and the following named shall constitute the board of directors until their successors are elected, J. w. Thorn, J. w. Moore, 0. F.. Kuencer. T. Willard Morgan A. l. Thorn. Thereafter the board of directors shall be elected from tfe stockhOlders on the first Wednesday after the third Tuesday in February of each year, be- ginning in the year 1908.
 The officers of the said corporation until their successors are elected shall be J. W. Thorn, President 0 +. Kuencer, Vice-Presi dent, J. w. Moore Secretary and Treasurer, o. F. kuencer, General Manager.
 Sixth The highest amou Ut of indebtedness or liability, direct or contingent, to which this corporation is at any time subject shall be Five Hundred Thousand Dollars ($50O. .000C0). which amount does not exceed two thirds of the 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 the list day of Feb. ruary, A. D. l907
 J.W. THORN, | w MOORE