The oasis., 1911-10-07
AMENDMENT
AMENDMENT
 10 ARTICLES OF lNCORPORATI0N -OF THE MEXICAN METALS COMPANY.
THE TERRITORY OF ARIZONA, !
 COUNTY OF COCHISE.

THE TERRITORY OF ARIZONA
 Cor>TY or CocHISE.
 Whereas. at the annual meeting of the stock holders of the Mexican Metals Company, a corporation organized and existing under the laws of the Territory Of Arizona. which meet ing Wag held at the office Of the company in BiSbee, Arizona, on September 26th, 1911, by an affirmative vote O. majority Of the outstand ing stock, it was resolved to amend the Articles of Incorporation Uf said company in the follow. ing particulars, to-wit:
 First. To amend Article III of the said Articles Ot Incorporation 50 that the same shall hereafter read as follows.
 Article III. The amount Of the capital stock of the corporation shall be five million dollars (S5,000 00O) divided into one million shares Ol the par value of five dollars $500 per share. These shares may be issued in the discretion of the Board of Directors. either aS fully paid and nOn-aSsessable stock, or they may De issued as partly paid stock. In the latter case the time when and the conditions upon which calls for further payment on account of the purchase price shall be made. shall be deter mined by the Board of Directors. Such calls may be made even though all the authorized capital stock Is not issued or the company has in its treasury unsold treasurystOck but after longer be subject 10 calls or assessments. Said capital stock or any part thereof may be sold for cash or may be issued in payment for prop erty of any kind service, contracts, rights or interests purchased, or otherwise acquired by said corporation. upon such terms as the Board of Directors may determine, and ia the absence of actual fraud, the judgment of the Board of Directors as 10 the value of the property, ser vices. contracts, right or interests purchased, or otherwise acquired, shall be conclusive.
 Second To Amend Article VII of the said Articles ol Incorporation so that the same shall hereafter read as follows:
 Article VII. The highest amount of indebt- edness to which the corporation shall subject itself, shall not at any time exceed two million five hundred thousand dollars ($2, ,00O).
 That the said amendments were adodted by an Affirmative vote of the stockholders repre- senting four hundred and seventy thousan1 two hundred and Seventy-fOur shares of the outstanding capital stock of the Mexican Metals Company, out of A total ol four hundred seventy thousand seven hundred thirty six shares. The president and secretary of the company were directed to sign and acknowl. edge such amendment to the Articles of IncOr- pOrati0n and procure the publication thereof. The signatures of the Of the officers of the cor poratiOn as required by law, tO-wit the secre- tary and president of the Mexican Metals Com pany, are attached hereto and this instrument acknowledged by the president as required by Act No. S0 of the Session Laws of the Twenty. Second Legislative Assembly of New Mexico.
 Witness the signatures of the president and secretary Of the Mexican Metals Com pagy this 26th day of September, 1911.
 AUGUST FRITSCHE Attest: President.
 SUMNER M. TEELE.
 Secretary.