The copper era., 1909-03-25
ARTICLES OF INCORPORATION
TWIN PEAKS MINING AND MILL
 ING COMPANY.


 New Mexico and to that end do hereby make, execute and acknowledge in duplicate these Articles of Incorporation, m writing of our in lention 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 steepe 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- (a) To purchase, take or lease, or otherwise acquire mining lands mines. mineral grants. mining rights, concessions, privileges, deposits 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 of the mines, deposits veins or lodes acquired at any time by the Company, and to work treat ana render narketab!e the product there of aud sell and dispose of the same.
 (c) To grant leases 10 other persons, part nerShlps and corporations, of any parts or part or the property of the Company, and to enter into agreements for the working thereof sub ject to the payments of rents and royalties in mOuey or in kind.
 Cd) To construct, maintain improve or aid in or subscribe towards the construction, main tenancc or improvements of roads. electric steam railroads. tramways, fumes, ditchcs. dams, power plants, telegraph and telephone lines, lines to transmit electricity, crushing and Otncr mills, DulIdlng7 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 pumps, 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
 (D 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 OF 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 strumcnts 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 nis, 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 may think necessary or eXpedent for any of the purposes aforesaid.
 G) To distribute in specie by way of divi- dend among the stockholders of the company or otherwise, any shares securities belong ing to the company, or any property or assets 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 payable.
 (D 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 corporatcd.
 CD To sell, lease and dispose of any or all of the property of the company and to accent in payment for the same, money, shares, bonds or debentures Of any other Company, but so that such shares, bonds or debertures shall be fully paid up and involve no liability to this Com pany y,and to apply any purchase moneys, shares bonds OF debcntures 10 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 he 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 HuGdred Thousand (Sl 500O00) Dollars, dividend into One Million Five Hundred Thousand q 300 O00 shares of the par value ot one lSIlOI Dollar each. At such times as the Board of Directors may direct said stock may be paid mp in cash prop erty, services, or other thing of value, and the judgment of the directors as Co the value there of shall be final. All said capital stock when issued shall be fully paid and forever non-as- sesSabie. The amount Of capital stock with which the corporation will commence business IS Twenty-Seyen Thousand Five Hundred LS27 ,5O0l Dollars.
 Fifth. The names and postoflice addresses of the incOrporatOrs, and the number of shares subscribed for by each, are as follows, to-wit Name Pos.ofice Subscribed 4 4 r N' ,la5 NeWhouse' Phoenix, Arizona. 5901 Catherine Ncwhouse PRseniS, PRi Arizona. m ma S9CU S9C0 Daniel Fraser, Stceplc Rock N M 5OU0 Alex. Fraser Stclplc Rock Y NJ 5uOO
 sixth. The period limited for the duration of the corpoIatiou shall be Fifty I5Oi years. with prlNlleSe or IcucWI. Tor like periods pcrpctu- ally as may or sAal be by the laws of the Terri tory of New Mexico provided.
 seventh. The affairs of this corporation shall be conducted by a Board of five Direct ors and thc following named shall constitute the Board of Directors until their successors are elected aud qualified: A x. NuwhOus. Phoenix, Arizona: J. r. Fraser, Bottiucau North Dakota; Daniel Fraser Stccple Rock New Mexico; Alex. Fraser, Steeple Rock, New Mexico: and James Fraser, Stceplc Rock New Mexico. Thereafter the B0ari of Directors shall be elected from among the stockholders at the annual stockholders meeting, to be hcl [ on the first Monday of the month of Deccm ber 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 conflict with the statutes of said Territory of New Mexico in such cases made and provided or with the provisions of these Articles of In corporation.
 Eighth These Articles may be altered or amended, and the capital stock increased or diminished from time to time as may be author lzed by law and in thc manner provided for ill 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 [ss of it's capitol stock.
 Tenth. The private property of the stock holders incOrporaiors and directors officers of this corporation shall be forever exempt from all is corporate debts.
 In Witness Whereof, we have hercunto set our hands and seals this 7lh day of September 19U7
 [Signed A. N NEwHoUsE (ScaD
 J. r. FRASER tSeal
 CATHERINE NEWHOCSE (SeaD
 DANIEL FRA SER (ScaD
 ALEX. FRASER (ScaD
 JAMES FRASER lSCaD Territory of AriZOna,l ~
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