The copper era and Morenci leader., 1913-10-24

NAJ "OAoS AOhObAAS IAO oAA6oAcA
 number only shall include the
 plural number also, and vice
 versa.
 (B) Words denoting the masculine
 gender only shall include the
 feminine gender also.
 co Words denoting persons only
 shallinclude corporations.
 CD Extraordinary Resolution"
 shall in the case of meeting
 of the holders of any class of
 shares mean resolution passed
 by majority consisting of not
 less than three-fourthS of the
 votes given upon the resolution. (E) Month" shall mean calendar
 month.
 H.-cAPITAL.
 1. SHARES.
 8. In the original Capital of the Company there shall be attached to the Participating Preference and Or dinary Shares respectively the rights 
 (A) The profits of the Company
 available for distribution as
 dividend in each year shall, in
 the first place, be applied in
 payment to the holders of the
 Preference Shares of a cumu-
 lative preferential dividend of
 10 per cent on the amounts for
 the time being paid up or cred
 tied as paid up thereon re-
 spectively, in the second place,
 inpayment to the holders of
 Ordinary Shares of dividend
 of 2-per Share, and the bal
 ance shall be distributed rate
 ably amongst the holders of
 Preference Shares and Ordinary
 Shares pari passu as if the
 GofI hnr nf
 nominal value
 (B) In the event of winding up
 of the Company, any surplus
 assets shall be applied, first, in
 repayment of the amounts paid
 or credited as paid on the
 Preference Shares, then, in re-
 payment of the amounts paid
 up or credited as paid up on
 the Ordinary Shares, and. the
 balance (if any) shall be dis
 tributed rateably amongst the
 holders of Preference Shares
 and Ordinary Shares pari passu,
 as if the said Shares were of
 equal nominal value.
 A. The Directors may at any time, in their absolute and uncontrolled and without assigning any reason therefor, decline to register any proposed transfer of Shares. 5. The number of Members of the Company (eXcluSive of persons in he employment of the Company shall not at any time exceed fifty. 6. The Company shall not at any ,ime offer any of it's Shares or De- 1entures to the public for subscrip- ion nor issue Share Warrants.
 z. Subject to the foregoing provi- ;ions, the Shares of the original Capi- -oI If hn a1Jntfnd or otherwise disposed of, to such per sons and for such consideration, and lpon such terms and conditions, as he Board may determine.
 8. Every person whose name is entered as a Member in the Register If Members shall, without payment, De entitled to a certificate under the Common Seal of the Company speci- wing the Share or Shares held by Jim and the amount paid up thereon, provided that in respect of a Share persons, the Company shall not be pound to issue more than one certif- cate and delivery of a certificate for | Share to one of several joint holders shall be sufficient delivery to all. g. If a share certificate is defaced, ost or destroyed, it may be renewed on payment of such fee, if any, not exceeding one shilling, and on such .erms, if any, as to evidence and in- iemnity, as the Directors think fit. 10. No part of the funds of the purchase of, or in loans upon the se- ,urity of, the Company's Shares.
 ?. LIEN.
 II. The Company shall have first and paramount lien on every Share mot being a fully-paid Share) for all (whether presently payable or. lot) called or payable at fixed time in respect of that Share, and the Con- pany shall also have lien on all Shares (other than fully paid Shares) registered in the name of a single person for all moneys presently payable by him or his estate to the any time declare any Share to be wholly or in part exempt from. the provisions of this clause. The Com Dany's lien, if any, on Share shall extend to all dividends payable there )n.
 12. The Company may sell, in such manner as the Directors think fit, any Shares on which the Company has a fen, but no sale shall be made unless some sum in respect of the fen exists is presently payable, nor lntil the expiration of fourteen days liter a notice in writing, stating and payment of such part of he amount in respect of which the fen exists as is presently payable, las been given to the registered folder for the time being of the 'hares,o the person entitled by rea- on of his death or bankruptcy to he Shares. 13. The proceeds of the sale shall 'e applied in payment of such part of he amount in respect of which the fen exists as is presently payable, and he residue shall Subject to a like fen for sums not presently payable $ existed upon the Shares prior to he sale) be paid to the person en- tiled to the Shares at the date of the |