The copper era., 1909-04-22
ARTICLES OF INCORPORATION
OF TWIN PEAKS MINING AND MILL ING COMPANY.

United States of America, have associated our selves together for the purpose O. forming a corporation undor the laws of the Territory of New Mexico, and to that end do hereby make, execute aud acknowledge in duplicate these Articles of Incorporation. in writing of our in- tention to become a 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
 Third The objects for which said corpor- ation is formed are:
 (a) To purchase, take or lease, 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.
 miners by working and developing al, or any of the mines, deposits, veins or lodes acquired treat and render marketable the product there, Of and sell and dispose of the same
 (c) To grant leases to other persons, part nerships and corporations, of any parts or part of the property of the Company. and to enter into agreements for the working thereof, sub money or in kind.
 (d) To construct, maintain, improve or aid in or subscribe towards the construction main- tenance 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 re- quisite for the carrying on of the said business and to acquire by purchase, lease or otherwise in the name of the Company or of Trustee or 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 for the same and all property and rights of whatever kind acquired by the Company in cash or in shares of the Company
 (gl To borrow money and to issue mortgages bonds, debentureS or debenture stock or anY or either of them, charged on any or all of the property of the Company or upon its income revenue or prohts, as security for the money so borrowed, or in payment or satisfaction of any of the obligations of the company, and to draw accept and endorse, and issue bills of exchange In- struments. but that the said liabilities shall not exceed one-halfof the amount of the capitalstock of the Company
 (h) To invest the capital of the company for any Of the pursoses aforesaid, and in building on or otherwise improving, or in adding to the marketable value of the lanls. mines, lodes, mining claims or other property, from time to time acquired by the company and to make maintain and use such works as the Company the purposes aforesaid.
 O To distribute in specie by way of divi- dend among the stock holders of the company or otherwise. any shares or securities belong ing to the company, or any property or assets Of The company applicable as profits of the Company and to issue shares al nd 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
 Gl TO place to reserve fund or distribute as dividends any moneys received by the Con- gages or other securities of the Company, issued from time 10 time.
 (k) To amalgamate this Company with any other Company or Companies having similar objects to the object, or any of them, for which this company is formed, established and in- eOrporated.
 .O To sell, lease and dispose of any or all of the property of the company and to acceptin PaSS S mens TOT tne 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 de bentures to such purposes whether capital or revenue, as the Company shall de- termine.
 (n) To transact and do all such matters and things as 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 ali corporate debts and liabilities. Fourth. The capital stock of this corporation l shall be One Million Five Hundred Thousand | (S1. 500, 000) Dollars dividend iuto One Million rive Hundred Thousand q; 800 000) shares of the par value of One [SlGOl Dollar each. At | such times as 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 value 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 IS Twenty-seven Thousand Five Hundred | [S27, ,50Ol Dollars.
 the incorporators, and the number of shares | subscribed for by each, are as follows, to-wit:
 Capital Stock | Name Postoffice Subscribed | A. N. NeWhOuSe, Phoenix, Arizona, 5000 catherne Newhouse P6oenf2 A4ioDa P S9SS Daniel Fraser, Steeple Rock, N NJ, 5000 | Alex Fraser Steeple Rock \. M 5000 | James Fraser. Steeple Rock N. NJ, 5000 | Sixth. The period limited for the duration of | the corporation shall be Fifty G5Ol years, with privilege Of renewal for like periods pcrpetu- tory of New Mexico provided.
 Seventh. The affairs of this corporation CI- DTS. and the following named shall constitute the Board of Directors until their successors are elected and qualified: A. N. NewhOuse | Arizona: J. F. Fraser, BottiIfeau North Dakota; Daniel Fraser, Steeple Rock New Mexico; Alex. Fraser, Steeple Rock, New Mexico. Thereafter the Board of Directors shall be elected from among the stock kholders It the annual stockholders meeting, to be held In the first Monday of the month of December )f each year, and said Directors shall have power to make such prudential bylaws and IlnC forf nent of the affairs of this corporation, not in conflict with the statutes of said Territory of New Mexico in such cases made and provided IT with the provisions of these Articles of h. 
 Eighth. These Articles may be altered or diminished from time to time may be author zed by law and in the manner provided for in he bylaws of this corporation.
 Ninth. The total amount of indebtedness or liability for which this corporation shall at any me time be subject shall not exceed two-thirds g of it's capital stock
 Tenth. The private property of the stock folders, incorporators and directors or officers f this corporation shall be forever exempt from II it's corporate debts. In Witness Whereof, we have hereunto set UT hands and seals this 7th day of September 9O7.
 [Signedl A. N. NEwHoUsE (SeaD
 J. F. FRASER (SeaD
 CATHERINE NEwHoUsE (SeaD
 DANIEL FRASER (Sea) |
 ALEX. FRASER (SeaD |
 JAMES FRASER (SeaD territory of Arizona,l -
 ounty of MaricOpa. Before me. ThoS ]. Prescott a Notary Public 1 and for the County of Maricopa, Territory of