Mohave County miner., 1911-06-24


 tion of any Board of Directors they shall meet and elect from among their number the officers of this Corpora tion, who shall be a President, Vice President, Secretary and Treasurer, and such other minor officers or agents as the Board of Directors may deem necessary for the best interests of the Corporation They shall hold their office during the life of the Board of Directors by whom they are elected.
 9. The highest amount of indebted ness or liability, direct or contingent, to which this corporation shall be at any time subject, shall not be more than Six Hundred Thousand (S6OO,OOO) which amount does not exceed two thirds the amount of Capital stock. 10. The Capital stock may be in- creased or decreased by the affirma- | tive vote of the majority of the stock then issued; but in case of the increase | of the capital stock, each shareholder of either common or preferred shares shall have the privilege of subscri ping for such number of proposed increase as he may be entitled to, according to the nun Der of shares held by him as evidenced by the records of the Con- pany before the Stock is increased.
 II. The private property of the stockholders of this Corporation sh III be exempt from corporate debts of any | kind whatsoever.
 I2. Annual meetings of the stock holders shall be held at the city of Golconda, Mohave County. Territory of Arizona, for the purpose of electing Directors and for such other purposes as may be necessary and proper l3. Pursuant to the affirmative vote, either in person or by proxy of the holders of a majority of the capital stock issued and outstanding, the directors shall have authority to dis | pose in any manDer of the whole prop erJy of this corporation.
 | The directors may, by resoi ution passed by a majority of the whole | board, designate two or more their number to constitute an Executive Committee who. to the extent provid- | ed in said resolution or ID the Bylaws of the company, shall have and eXer- else the powers of the Board of Direc- tors in the management of the busi- ness and affairs of the company and may have power to authorize the seal of the company to be affixed to all papers which may require iJ.
 The directors may by vote of the stockholders, be divided into one, two or three claims; the term of office of the first class to expire at the annual meeting next ensuing; of the second class one year thereafter; of the third class two years thereafter; and at each annual election held after such classi- ticatiOn and election; directors shall be chosen for full term, as the case may 1 be, to succeed hoe wnCs SC term expire. The stockholders and directors shall | have power to hold their meetings and | keep books and documents and papers of the corporation outside of the Ter ritory of Arizona, at such place or places as shall be from time to time designated by the Bylaws, except as otherwise required by the laws of the | Territory of Arizona.
 This corporation reserves the right 10 amend, alter, change or repeal any provision contained in this certificate of incorporation in the manner now or | hereafter prescribed by the statutes of | the Territory of Arizona an1 all rights conferred on officers, directors and stockholders herein are granted sub | ject to this reservation.
 II. The directors shall have power to make and alter any bylaws; and by laws made by the directors under this power may be altered or repealed by | the directors or stockholders. | Witness our hands and seals this 3Ist day of May. 1911.
 JOHN C. BELL. (SeaD GEO. NJ. SHELLY. (Sea)
 VIM. N. SUTTON. (Sea) | STATE OF ILLINOIS, cC
 Sangamon County.
 I, James Reilly, Notary Public in and for said county, in the State afore- said, do hereby certify that John c. | Bell, Geo. N. Skelly and Wm. N. Sut- ton, personally known to me to be the same persons whose names are sub scribed to the foregoing instrument, appeared before me this day in persor, and acknowledged that they signed) sealed and delivered the said instru- ment as their free and voluntary act, | for the uses and purposes therein set | forth; including the release and waiv- CT of the right of homestead.
 Given under my hand ard Material seal. this st day of May A. D. 1911.
 (SeaI JAMES REILLY,
 Notary Public.
 First insertion June 24-29 July.