The copper era and Morenci leader., 1913-09-19

nerewith:-
 (A) Words denoting the singular
 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.
 (D) Extraordinary Resolution
 shall in the case of meeting
 of the holders of any class of
 shares mean a resolution passed
 by majority consisting of not
 less than three-fourths of the
 votes given upon the resolution. (E) Month" shall mean calendar
 month.
 II.-cAPITAL.
 l. SHARES.
 3. In the original Capital of the company there shall be attached to he Participating Preference and or mary 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
 nr~6fn a
 Shares pari passu as if the
 Said Shares were of equal
 nominal value.
 (B) In the event of a 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 eff 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, n their absolute and uncontrolled discretion, and without assigning any .eason therefor, decline to register my proposed transfer of Shares. 5. The number of Members of the Company (exclusive of persons in he employment of the Company ,hall not at any time exceed fifty. : G., The Company shall not at any ime offer any of it's Shares or De- ,entures to the public for subscrip- ion nor issue Share Warrants. E q. Subject to the foregoing provl- ,ions, the Shares of the original Capi- al of the Company may be allotted, ,r otherwise disposed of, to such per sons and for such consideration, and 1pon such terms and conditions, as he Board may determine.
 8. Every person whose name IS entered as a Member in the Register ,f Members shall, without. payment, be entitled to certificate under the Common Seal of the Company Spec1- lying the Share or Shares held by him and the amount paid up thereon, provided that in respect of Share pr Shares held jointly by several persons, the Company shall not De bound to issue more than one cert1h- cate and delivery of a certificate for a Share to one of several joint holders shall be sufficient delivery to all. g. IT a snare CtILllCdSC io oOAeAOON>, lost or destroyed, it may be renewed on payment of such fee, if any, not exceeding one shilling, and on such terms, if any, as to evidence and in demnity. as the Directors think lit. 10. No part of the funds of the Company shall be employed in the purchase of, or in loans, upon the SC curity of, the Company's Shares
 9. LIEN.
 II. The Company shall have first and paramount lien on every Share (not being a fully-paid Share) for all moneys (whether presently payable ol not) called or payable at fixed time in respect of that Share, and the Com pany shall also have a lien on al Shares (other than fully paid Shares) standing registered in the name of single person for all moneys present., payable by him or his estate to tht Company; but the Directors may a any time declare any Share to b. wholly or in part exempt from th' provisions of this clause. The Com pany's lien, if any, on a Share shal extend to all dividends payable there on 12. The Company may sell, in sucl manner as the Directors think it, an Shares on which the Company has lien,r but no sale shall be made unles some sum in respect of tn Ilien exists is presently payable, no until the expiration of fourteen day after notice in writing, stating an demanding payment of such part c the amount in respect of which tn lien exists as is presently payable has been given to the registere holder. 2for the time being of tn Shares, o 1T the person entitled by re' son of his death or bankruptcy t the Shares. e.-os,.e. ,,s.. q, e. r 13. The proceeds of the sale sha be applied in payment of such part the amount in respect of which th lien exists as is presently payable an the residue shall Subject to a lih lien for sums not presently payab as existed upon the Shares prior