Weekly Arizona journal-miner., 1907-06-19
ARTICLES OF INCORPORATION
OF
GOLD BUG MINING COM
PANY.

Know All Men BY These PRESENTS:
That we, the undersigned. &. l.. Gillctt,
A. u. Lawson, John NJ. Ross have as
sociatcd and do hereby associate our
selves together for the purpose of
forming corporation under tne laws
Of the Territory of Arizona and in ac-
cordancc Herewith we hereby execute
and adopt the following as the Articles
of Incorporation of such corporation.
I.
The name of this corporation shall be
Verde Gold Bug Mining Company, and
it's principal Office and place of tran
sacting business shall be ut the City
Of Prescott, Arizona. Branch offices
and places of business may be dcsig
mated and established either within
Arizona or elsewhere by resolution of
the Board of Directors Of the corpor
alton.
The general nature of the business
proposed to he transacted and carried
ON by this corporation IL that of min.
ing. smelling and ore reduction, and
the doing Of any and everything and
the transaction of any and every bust
ness which may be deemed by the
Board Of Directors necessary, requi-
site. useful, convenient. incidental or
auxiliary TO the general business Of the
corporation.
In furthcrancc and not in limitation
of it's general powers and purposes this
corporation shall have the power To ac-
n 10 ntaI
otherwise deal in any and all classes
of property; to buy, sell and in any
manner deal in the capital stock of
this aud other corporations and in gen
cral to do any or all of the things
herein mentioned as fully and to the
same extent IA natural persons might or
could do in any part of the world, hav-
ing and exercising in these respects all
Of the powers conferred upon corpora
tions of this class by the laws 81 the
Territory of Arizona.
III.
The capital stock of this corporation |
shall be in the amount of One Million |
Dollars $l,O00O00) divided into |
! 900. 900 shares of the par value of One
Dollar ($I.00) cacn, which when issued |
'ad capital stock shall he issued upon !
such terms and conditions and Mt such
lines as the Board of Directors may
determine, and the same or any part
thereof may be issued in exchange for
property, contracts, services or other
benefits of any kind and in the absence
# actual fraud in the transaction the
Judgment of the Board Of Directors as
% the value of the property, contracts
n other benefits purchased or Of ser.
vices rendered snall bc conclusive.
~.
The time of the commencement Of
his corporation shall be the day upon
which these Articles are fled for rec.
'rd in the office of the Recorder of
iayapai county, Arizona, and n Ger.
lied copy thereof filed with the Audi.
or Of the Territory. and the existence
4 said corporation shall terminate
twenty-five years thereafter, unless re
'cwcd as now provided by the laws Of
he Territory of Arizona.
"
The nTairs If this corporation, ex.
cpt ms hereinafter stated, shall be
onductcd and managed by Board
4 not less than three nor more than
I'VE Directors, who shall he elected
rom among the stockholders of the
orporation Mt their annual meeting,
which meeting shall be held Mt the
Office of the company on the
ccond Monday of January of each /
ear. Said Directors wnonclectod shall ,
old Office for one year or until their
lcccssors are elected and qualified. The
,oard of Directors shall have power TO
II vacancies arising In its member
hip and TO establish bylaws and make .
II rules and regulations deemed by il
ccessary in the conduct Of the affairs
Z the corporation.
The first Board Of Directors of this
orporation shall consist of the under ,
igncd ineorporators or If they 80 de.
nrmine may consist Of said incorpora-
'rs and two otaer persons elected by
hem. The members Of said first
'oard Of Directors shall mold of'ice un.
j the first annual meeting Of the
lockholders or until their successors