The copper era., 1909-04-01
ARTICLES OF INCORPORATION
TWIN PEAKS MINING AND MILL
 ING COMPANY.

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 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 ali or any of the mines. deposits, veins or lodes acquired at any time by the Company, and to work. treat and render marketable the product there of and sell aud dispose of the same.
 (c) To grant leases to other persons, part nerships and corporations, of any parts or part
 
 into agreements for the working thereof, sub ject to the payments of rents and royalties in 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.
 (c) 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 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- ton herewith.
 (O To purchase and acquire any other land property or business of the like character to the property or business to be held aud 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.
 (g) 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 profits, 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 and promissory notes and other negotiable in struments. but that the said liabilities shall not
 
 of the Company
 (hJ 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 Ian Is. mines, Iodes mining claims or 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 eXDedient for any of the purposes aforesaid.
 (i) To distribute in specie by way of diyi- dend among the stockholders of the company or otherwise. any shares or securities belong Of the company applicable 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 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 corporated.
 O To sell. lease and dispose of any or all of the property of the company and to accept in payment for the same, money, shares, bonds or debentures of any other Company, but so that such shares, bonds or debentIires 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.
 QnJ To transact apd do all such matters and tnlngS as are conducive incidental the above objects. either alone or in conjunction with others, provided always, that the private and personal property of the shareholders and lncorporatorS 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 shell be One Million Five Hundred Thousand (Sl5 000) Dollars, dividend into One Million the par Value of One lSIGOl 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 1927 50Ol Dollars.
 Fifth. The names and postofice addresses of the incorporatOrs, and the number of shares subscribed for by each, are as follows, to,wit: Capital Stock Name Postofice Subscribed 4. \. Newhouse, Phoenix, Arizona, 5000 Catherine Newhouse Phoenix. % Arizona. ma 95SS 25CO Daniel Fraser, Steeple Rock, N NJ, 5000 Alex. Fraser Steo pie Rock N M 5000 James Fraser. Stccpe Rock N NJ 5OGO Sixth. Tine period limited for the duration of the corporation shall be Fifty I5Ol years. with 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 q Board of five Direct ors, and the following named shall constitute the Board of Directors until their successors are elected and qualified: A. N. Newhousc Phoenix, AriZOna J. r. Fraser, Bottincau l North Dakota: Daniel Fraser, Stecpe Rock | 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 Ou the first Monday of the month of December of each year, and said Directors shall have power to make such prudential bylaws and rules they may deem proper for the manage ment of the affairs of this corporation, not in | conflict with the statutes of said Territory of | New Mexico in such eases made and provided | pr with the provisions of these Articles of In  Eighth. These Articles may be altered or lmended, and the capital stock increased or | diminished from time to time as may be author | zed by law and ill the mauner provided for in | he bylaws of this corporation. Ninth. The total amount of indebtedness or | liability for which this corporation shall at any | )ne time be subject snail not exceed tWo-thirds | B of it's capital stock.
 Tenth. The private property of the stock | holders, incorpOrators and directors officers | )f this corporation shall be forever exempt from | III its corporate debts.
 In Witness Whereof, we have hereunto set 'ur hands and seals this 7th day of September 9O7.
 lSignedI A. N. NEwHOUsE (SeaD
 J. F. FRASER tSeaD
 CATHERINE NEWHoUSE (SeaD
 DANIEL FRASER (ScaD
 ALEX. FRASER (SeaD
 JAMES FRASER (SeaD Territory of Arizona,l .
 Of Ma [