The oasis., 1911-08-05

SNmpllNg WOfkS ana other reupcuOn WOfKs Q any and every description for milling, smelt ing, samplng and reducing ores and ore products; to acquire title to mines and mining properties, mills and all kinds of reduction works, real estate, personal property ana all other property of every kind and nature what soever requisite and necessary to the transac- tion of it's business; to work, dispose Of and deal in the same; Co carry on and conduct general mercantile business, and to that end to deal in any and all commodities of every kind conducive to the successful conduct of said business to purchase, own, hold, control and deal in and handle it's own and the shares and properties of other companies and corpora tions; to locate, buy, bond, acquire, hold, own, lease, possess, operate, sell, mortgage, pledge or otherwise dispose of or hypothccate oil lands, mineral lands, oil gas, asphaltum petroleum, or any of their products, asbestos salt water and water rights and any and all kinds of machinery and processes necessarily connected with the reduction and handling Of metals; to borrow money, and to execute nOtes bonds, mortgages or deeds of trust to secure the same; also to acquire, build, own and Oper- ate railroads, tramways, turnDikes, canals and other means of transportation to and from it's mines or works to any railroad, waterway or highway, and generally to do all things incl dent and necessary to the proper and success ful conduct of its business, tnd to do and per form each and every act and thing which it is lawful for natural persons to do; all of which business may be carried on Ut such place or places as the Board of Directors may deem for the best interests of the corporation.
 V.
 The amount of the &pital stock of this cor pOrdtOn shall be One Million $l lOO0,OOO) Dollars, divided into Two Hundred Thousand shares of the par value of five (S5) dollars each The shares of stock taken by purchasers thereof shall be paid for at such time and in such manner as the Board of Directors shall determine, either in cash or by the sale and transfer of property to the corporation or by a nod shall be fully paid and -sssessable. The capital stock may be increased or decreased by the affirmative vote of majority of the stock; but in case of the increase of the capital stock each shareholder shall have the privilege of subscribing for such number Of shares of the proposed increase as he may be entitled to in proportion to the number of shares held by him before the stock is in creased
 VT.
 The highest amount oi indebtedness or lia- bility, either direct or contingent Co which this corporation is at any time to subject itself shall not exceed the sum of tWO-thirds of its capital stock; and the private property Of the stockholders of this corporation shall be for ever exempt from the payment of it's corporate debts.
 VII.
 The business affairs of this corporation shall he conducted by Board Of Directors consisting of not less than three DOT more than seven members, each of WhOm shall be a StOckhOldCT; :; and whenever A director ceases to be a stock holder he shall at the same time cease to be a director. They shall be elected annually by the stockholders at their regular annual meet ing which shall be held on the third Monday of October in each year. and they shall hold their office until their successors are elected and fqualif0d. Any vacancy in the Board of Directors shall be filled by the remaining members of the Board by appointment from among the stockholders, and such appoint ment shall be for the uneNpired term for which the appointment is made. The first Board of Directors shall be chosen by the undersigned incOrpOrators and they shall hold their office until the regular annual meeting of the stockholders on the third Monday Of October, nineteen hundred and eleven. X majority of the Board of Directors shall consti- tute quorum for the transaction Of business.
 VIII
 Within twenty days after the election of any Board of Directors they shall meet and elect the officers of this corporation, who shall be a President, Nice-PreSident, Secretary and Treasurer aId such other minor officers and agents as the Board of Directors shall deem necessary for the best interests of the corpOra- ton. All officers shall hold their office during the life of the Board of Directors by whom they are elected and qualified. Any two offices may be filled by the same person.
 TX.
 Those Articles of Incorporation may be altered or amended at any regular meeting of the stockholders or Ut any special meeting called for that purpose by 2 majority vote of the stock; and the Board of Directors or d majority of the stockholders may call a meet ing of the stockholders for this or any other purpose not inconsistent with law. but notice of such proposed amendment shall be given to each stockhOldcr either personally or in writ ing at least twenty days prior to the meeting at which such amendment shall be yC ted upon.
 IN WITNESS WHEREOF. we have hereunto set our hands and seals this tWentysiXth day of June, A. D., nineteen hundred and eleven.
 HENRY GREENWELL, f5EAL.1