The copper era., 1909-04-08
ARTICLES OF INCORPORATION
TWIN PEAKS MINING AND MILL
 ING COMPANY.

selves together for the purpose or forming corporation undor the laws of the Territory of New Mexico, and to that end do hereby make, execute and acknowledge in duplicate these Articles of Incorporation, writing of our in- tention to become body corporate and polite.
 First: The name of the corporation shall be Twin Peaks Mining and Milling Company.
 Second. The principal place of business of said corporation in the Territory of New Mexico shall be Steeple Rock, Grant County, and the name of the agent in charge thereof shall be James Fraser, and said corporation shall have an office at the City of Phoenix, in the Terri tory of Arizona. or such other place or places outside of New Mexico as the bylaws shall provide, where the, books of the corporation may be kept all stockholders and directors meetings held and all corporate business trans acted.
 Third. The objects for which said corpor- ation is formed are:
 (a) To purchase, take or lease, or otherwise acquire mining lands mines, mineral grants. mining rights, concessions. privileges, deposits of gold silver, lead, copper, or other metals water rights millsites, and other properties and rights in the Territories of New Mexico, Ari- zona, or elsewhere.
 (b) To carry on the general business of miners by working and developing al! or any at any time by the Company, and to work treat and render marketable the product there of and sell and dispose of the same Gel To grant leases to other persons part nerships and corporations, of any parts part Of the property of the Company, and to enter into agreements for the working thereof, sub- ject to the payments of rents and royalties in IT oney or in kind
 (d) To construct maintain. improve or aid in or subscribe towards the construction, main- tenancc or improvements of roads. electric or steam railroads. tramways fumes, ditches, dams, power plants, telegraph and telephone lines, lines to transmit electricity crushing and other mills, buildings and works which may be necessary for the purposes of the Company. (e) To acquire by purchase or otherwise and erect, work, use and maintain, all plants, mills and machinery, pumps, engines and rolling and other stock, and material of every kind quisite for the carrying of the said business and to acquire by purchase, lease or otherwise. in the name of the Company or of Trustee ar Trustees on its behalf any lands or buildings of any tenure, and to erect any buildings, and also to acquire any privileges or easements in and over any lands for the purpose of such business as aforesaid, or any works in connec- tion herewith.
 CD To purchase and acquire any other land. property or business of the like character to the property or business to be held and transacted by the Company or any interest therein. and to pay Tor the same and all property and rights of whatever kind acquired by the Company in cash or in shares of the Company (g) To borrow money and to issue mortgages bonds debentures or debenture stock or any or either of them, charged any or all of the property of the Company or upon it's income. revenue or profits, as security for the money so borrowed, or ill payment or satisfaction of any of the obligations of the company and to draw accept, and endorse, and issue bills of exchange and promisSory notes and other negotiable in- struments but that the said liabilities shall not ra of the Company
 (hJ vTo invest the capital of the company for any of the pursOses aforesaid, and in building on or otherwise improving, in adding to the marketable value of the lanlS, mines, lodes, mining claims other property from time to time acquired by the company, and to make maintain and use such works as the Company may think necessary or eXpedient for any of the purposes aforesaid.
 O To distribute in specie by way of divi- dend among the stockholders of the company or otherwise. any shares or securities belong of the company applicable as profits of the Company, and to issue shares and securities of the Company, either or both in satisfaction of, or on account of any dividends, bonus or shares of profits, whether to shareholders or employees SO payable.
 G) To place to reserve fund or distribute as dividends any moneys received by the Com pany as premium on any shares of stock; mort gages or other securities of the Company, issued
 (k) To amalgamate this Company with any other Company or Companies having similar this company is formed established and in- corporated.
 CD To sell, lease and dispose of any or all of the property of the company and to acceptin payment for the same, money, shares, bonds or such shares, bonds or debentures shall be fully paid up and involve no liability to this Com pany,and to apply any purchase moneys, shares. bonds or debentures to such purposes whether capital or revenue, as the Company shall de- termine.
 (m) To transact and do all such matters and things as are conducive or incidental to the above objects. either alone or in conjunction with others, provided always, that the private and personal property of the shareholders and incorporatorS of the Company shall not be liable for any of the debts contracted by the said Company. but shall be exempt from all corporate debts and liabilities
 Fourth: The capital stock of this corporation sMhall M be One Million Five Hundred Thousand (S1. 800 0O0 Dollars, dividend into One Million Five Hundred Thousand q. 300 OO0) shares of the. par value of One [SLG0l Dollar each At such times the Board of Directors may direct said stock may be paid up in cash prop erty, services, or other thing of value, and the judgment of the directors as to the yaiue there of shall be final. All said capital stock. when issued, shall be fully paid and forever non-as- sessable. The amount of capital stock with which the corporation will commence business [s27, ,5OOl Dollars.
 Fifth. The names and postoffiee addresses of the incorporators, and the number of shares subscribed for by each, are as follows, to-wit:
 Capital Stock Name Postoffice Subscribed 1. N. Newhouse, Phoenix, Arizona. 5000 cafberTSe TnseE Hewbouso P60ani PP6Stinie2u D 59CO Daniel Fraser, Steeple Rock, N NJ, 5000 Alex. Fraser, Stee pie Rock N M 5000
 Sixth. The period limited for the duration of the corporation shall be Fifty T5Ol years with privilege of renewal for like periods perpetn- ally as may or shall be by the laws of the Terri tory of New Mexico provided.
 Seventh. The affairs of this corporation shall be conducted by Board of five Direct ors, and the following named shall constitute the Board of Directors until their successors are elected and qualified: A. N. Newhouse Phoenix, Arizona: J. F. Fraser, Bottineau North Dakota: Daniel Fraser, Stecple Rock l New Mexico; Alex. Fraser, Stccple Rock, New MeXicO and James Fraser. Steeple Rock New Mexico. Thereafter the Board of Directors shall be elected from among the stockholders at the annual stockholders meeting, to be held on the first Monday of the month of December of each year, and said Directors shall have power to make such prudential bylaws and rules as they may deem proper for the manage ment of the affairs of this corporation, not in l conflict with the statutes of said Territory of New MeXico.in such cases made and provided l or with the provisions of these Articles of h. 1 corporation.
 Eighth. These Articles may be altered or amended, and the capital stock increased or | diminished from time to time may be author | ized by law and in the manner provided for in the bylaws of this corporation
 Ninth. The total amount of indebtedness or | liability for which this corporation shall at any one time be subject shall not exceed two-thirds | Is of it's capital stock.
 Tenth. The private property of the stock | holders, incorporatorS and directors or officers | of this corporation shall be forever exempt from | all its corporate debts.
 In Witness Whereof, we have hereunto set | our hands and seals this 7th day of September | 1907.
 lSgnedl A. N. NEWHOUSE (S.aD
 J. F. FRASER (SeaD |
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