Daily Arizona silver belt., 1908-04-18
LEGAL ADVERTISEMENTS.
or managing officers, as to the value thereof shall be conclusive.
 ARTICLE V


 ARTICLE V.
 The busiGcas proposed to be transact cd and carried on by the said Corpora ton is as follows: In general to en- gage in and carry on the business of mining refining, smelling and manufac- turing any ard all kinds of ores, mir erals and metals; to purchase, lease or acquire by license, bond, concession, grant or otherwise, any lands, mines, mineral rights, buildings, easements, rights or privileges, machinery, plant and other effects whatsoever, which the Company may think proper from time to time to acquire for any of its purposes; ! to prospect and search for ores and minerals, to develop mines and grant licenses for mining in and over any lands which may be acquired by the Company, and to sell and otherwise dis pose of the lands, mines or other prop erty of the Company; to buy, sell, man. ufacture and deal in, minerals, plant, machinery, implements, eonyenienees, provisions and things capable of being used in connection with mining opera tions or required by workmen or others employed by the Company; to construct, carry out, improve, manage, work, con- trol ard srperintcnd any roads, ways, railways, bridges, reservoirs, water courses. aquedncts. wharvcs, furnaces, mills. crushing works, hydraulic works, electric works, factories, warehouses, and other works and conyenienees which may seem directly or indirectly condu. cive 10 any of the objects of the Com pany, and to contribute to, subsidize, or otherwise aid or partake in such oper- ation; to buy, sell or otherwise dispose of the Capital stock of this or any other Corporation and generally to do any and all acts and things and transact any and all other business incidental to the purposes aforesaid and not contrary to the laws of the Territory of Arizona, or of the United States of America.
 ARTICLE VT.
 Tke time of commencement of this Corporation shall be immediately on filing these Articles with the Recorder of the County of Gila, Arizona, and the Auditor of the Territory of Arizona, and such existence shall continue for a per od of twenty-five years from and after the date of said filing, that its Charter rights may be renewed (before the Char ter expircs) from time to time, for per 'ods not exceeding twenty-five years at a time.
 ARTICLE VII.
 The affairs of this Corporation shall be conducted by Board of Directors not exceeding nine (9) and not less han five (5), who shall be stockholders )f the Corporation and shall be elected lt the annual meeting of the Corpora ton on the second Monday in April in each year, and the officers of said Cor 'poration shall be a President and Vice President, both to be elected by the Board of Directors from their own num- Der; a Secretary, Treasurer and such other officers as the Board of Directors may deem necessary, who may be chosen from among the stockholders. The mem bers of the Board of Directors for the current year and until their successors are chosen and qualified are:
 John R. Ryan, Paul Schneider and Matt Drazich of Calumet, Michigan, George Hall, Jacob Uitti and William Pollard of Kearsarge, Michigan, Michael Richetta of Laurium, Michigan, Thomas Coughlin of Hancock, Michigan, ana Adolph F. Heidekamp of Lake Linden, Michigan.
 ARTICLE VIII.
 This Corporation is not at any time to subject itself to greater liability than One Hundred Thousand ($l00,- 000.00) Dollars, except upon the written consent of the holders of one half of the Capital Stock outstanding at the time the obligation is incurred, and in no case shall the indebtedness be in- eurSed to an amount exceeding two thirds of the outstanding Capital Stock.
 ARTICLE TX.
 The private property of the stock holders of the Corporation shall be and is hereby made forever exempt from all liability for its debts or obligations.
 ARTICLE X.
 The Capital Stock of this Corporation shall be and is hereby made forever non- lssessable by this Corporation for any purpose.
 In Witness Whereof, We hereunto set our hands and seals this second day of April, A. D. 1908.
 
 JOHN R. RYAN (SeaD
 PAUL SCHNELLER (seaD
 DETER Fl ETNNEGAN ICaon