Mohave County miner., 1913-03-22
ARTIfu.E V

dlVlded into twenty two thousand nve hundred (22,5OO shares of One hundred dollars QOOS. each, of which two thousand five hundred (2.5OO) shares shall be preferred stock, pre- ferred both as to dividends and principal, and which preferred stock may be retired at par and accrued dividends at any time; and of which twenty thousand (2O00O) shares shall be common stock; said capital stock shall be paid for in such manner aud upon such terms as the Board Of Directors may fix. either in cash, services or by safe. transfer and assignment to the corporation of property, property rights, or interest therein, real or personal TOT the uses and purposes of the exploration, and in payment for which, shares of the capital stock of the corporation may be issued; and the capital stock so issued shall there upon be- come and be fully paid up and non.assessabie and in the absence of actual fraud, the judg- ment of the Board of Directors as to the value of the services rendered, or property purchased shall be conclusive.
 ARTICLE VI.
 The time of the commencement of thls cor poration shall be the date of the filing of a certified cory of these articles of incorporation in the office of the Corporation Commission of the State of Arizona, and the termination thereof shall be twenty-five years thereafter, renew it's articles and franchises for an ad- ditional period of twenty-five years as now provided by law.
 .he management and control of the business, property and affairs of the corporation shall be vested Tn and conducted by Board of Direc- tors of not less than five persons, which num- Der may be increased at any time through an amendmend of the Bylaws of the company. and all Directors, except in case of vacancies, be elected at the annual meeting of the stock. holders, except the first board which is chosen as hereinafter set forth.
 The officers of the company shall consist of a President Vice-PresideLt. Secretary and Treasurer, and such other officers as the Board Of Directors shall deem expedient. and all such officers shall be elected by the Board of Di. rectors either at their first meeting after their election at the annual meeting of the stock holders, or any subsequent meeting.
 The officers and directors shall hold their of- ice for the period of one year from and after their election and qualification, and until their successors are elected and qualified unless re moved by the Board of Directors The Board of Directors shall have the right to fill any vacancy occurring in the Board. by death. res lgnation or otherwise. including the right to i'll such places as may be created by an in- and the person or persons elected to fill such vacancy or place created through increasing the mum Der of the Board shall hold his office until the next annual meeting of the stock holders.
 The annual meeting of the stockholders of the corporation shall be held at the offices Of the company at kingman, Arizona, unless otherwise designated, on the fourth Monday in November of each year unless such day shall fall on a legal holiday. in which case said meet ing shall be held on the next secular day fol- lowing.
 ARTICLE TX.
 Until the first annual meeting of stockhold- CTS and until successors shall have been elected and qualified, the following named persons shall constitute the Board of Directors of this corporation:
 Until the first meeting of elected directors after the first annual meeting of stockholders of this corporation. and until their successors shall have been elected and qualified, the fol lowing named persons shall be the officers of the corporations President Mark w. Mus grove, Kingman: Arizona. Vice. President, Nicholas P. Bond, Commercial Building Bal timore, Md, Secretary and Treasurer, James A. Roberts, 257 Broadway, New York, and Direc. tors Eli Hilty and Philip Lovingham.
 ARTICLE x.
 The directors shall have power to make and alter the Bylaws of the corporation, to fix the amount to be reserved as working capital and to authorize and cause to be executed mort. gages, debentures and other obligations which shall be liens upon the property and franchises of the corporation and, in general, to exercise expressly withheld from them by law. or by these articles of incorporation. or by the af. flrmative action of the stockholders. or which shall be inconsistent with the laws of the United States, or the State of Arizona.
 ARTICLE XI.
 The stockholders and members of this cor oratiOn and their private property shall be exempt from any liability for the debts of this corporation.
 
 The corporation, by and with the approval of it's Board of Directors shall have the right to borrow money from time to time for carrying on it's business, and shall have the right to is sue notes. preference shares debentures. bonds or other obligations or evidence of indebted ness by mortgage or pledge of any or all of its property. Provided that the highest amount of indebtedness and liability, direct or con. tingent to which this corporation may at any time subject itself shall be two hundred thousand (2OO OOO$) dollars.
 ARTICLE KILL
 With the consent of the holders of two thirds of the capital stock of this corporation, issued and outstanding, when evidenced in writing, or with consent of majority in amount of the capital stock of this corporation resolution adopted at a meeting of the stock holders of the company duly called and held in pursuance to the Bylaws, the Board of Di rectors shall have authority to sell or other wise dispose Of, in such manner as may be authorized the entire property and assets of the corporation.
 ARTICLE XIV.
 These articles of incorporation may be amended with the consent of the holders of two thirds in amount of the capital stock of this company, issued and outstanding, when evidenced in writing; or with the consent of the holders of majority in amount of the capital stock of this company. issued and out standing when evidenced by a resolution adopted at any meeting of the stockholders called and held pursuant to the Bylaws of the company upon thirty days written notice to be given to the stockholders of the proposed amendment
 IN WITNESS WHEREOF, we hnve hereunto set our hands and affixed our seals on this 22nd day of January. A. D. 1913.
 MARK W. MUsGROvE. (seap
 JAMES A. ROBERTS. tSeaI
 NICHOLASP. BOND. (Seal