The oasis., 1911-11-04
AMENDMENT
AMENDMENT
 TO ARTICLES OF INCORPORATION OF THE MEXICAN METALS COMPANY.
THE TERRITORY OF ARIZONA,
 COUNTY OF 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 waI held at the office Of the company in Bisbee, Arizona, on September 26th, 1911, by an affirmative vote 0! majority Oi the outstand- ing stock, it was resolved to amend the Articles of Incorporation of said company in the follow ing particulars, t0-wit
 First To amend Article III of the said Articles of Incorporation so 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 OOo 00O) divided into one million shares of the par value of five dollars l$500) per share. These shares may be issued in the discretion of the Board of Directors, either as fully paid and non-assessabe stock, or they may be issued Hs 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 treasury stock, but after the shares have been fully paid, they shall no longer be subject to calls or assessments. Said capital stock or any part thereof may be sold for cash or may be issued in payment for prop eTty of any kind service, contracts, rights or interests purchased or otherwise acquired by said corporation. upon such terms as the Board 1 of Directors may determine and in the absence | of actual fraud, the Judgment 0i the Board Of | Directors ss to 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 of Incorporation so that the same shall | hereafter read as follows:
 Article VII. The highest amount of indebt- edness to which the corporation shall subject l itself, shall not at any time exceed two million five hundred thousand dollars ($2 ,5o0000J l That the said amendments were ad0dted by l an affirmative vote of the stockholders repre- senting four hundred and seventy thousani two hundred and seyenty-four shares of the outstanding capital stock Of the Mexican Metals Company, out of total oi 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 lncor- poration and procure the publication thereof. The signatures of the of the officers of the cor porati0n 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. SS of the session Laws Of the Twenty Second Legislative Assembly of Arizona.
 Witness the signatures of the president and secretary of the Mexican Metals Company this | 26th day of September, 1911.
 ! AUGUST FRITsCHE, | Attest: President.
 SUMNER NJ. TEELE,
 Secretary.