Arizona republican., 1916-09-11
from time to time designate.
 ARTTCT III

from time to time designate.
 ARTICLE III.
 \ The general nature of the business proposed to be transacted by this. cor poration is as follows, to-wit
 To carry on general mining, mill ing, smelting and reduction business, and for that purpose to buy, sell, ac- quire, lease, locate and otherwise deal in mines, mining claims, mill sites, lodes and placers, and all other kinds of mining property; to work, operate and develop mining properties and mine and reduce the ores therefrom, to sell and otherwise dispose of any products derived from the working of any mining property, or the reduction of any ores; to buy, build. construct, own. operate, sell, lease or otherwise deal in all kinds of mining machinery, mining equipment, mills and milling machinery, smelters and smelling ma chinery, reduction plants and machin cry of every kind and character; to buy, sell, hold, lease, operate and maintain such railways, tramways, transportation facilities. telegraph | lines, telephone lines and other meth OdS of transportation and cOmmunica- tion. as may be necessary for or incl dent to the general business of this corporation; to buy, sell and hold the stock and securities of this and other corporations; to acquire, develop, To- cate, lease and deal in water and water rights, and to use and control the same for all lawful purposes; to do a general merchandise business; to carry on such other lines of business as may be incident to the general business of this corporation, and to do every act 1 a fV n "a nn of a general mining milling, smelting and reduction business.
 ARTICLE ". 1 The capital stock of this corporation is and shall be one hundred thousand | (S100, ,00000) dollars divided into one | hundred thousand shares of the par value of one dollar each, which stock shall be issued at such times and upon such conditions as the Board of Di- rectors may prescribe; and the Board of Directors are hereby authorized to issue any or all of the capital stock of this corporation in consideration of the payment thereof in cash. or the trans fer to this corporation of property, rights. franchises or interests of any | description. or services rendered or to | be rendered. and the valuation or ap- praisal of the Board of Directors of any property rights, franchises, inter ests or services rendered or to be ren- dered, shall be binding and conclusive upon the stockholders of this corpora = tion and all persons dealing with it.
 ARTICLE V.
 The affairs of this corporation shall | be managed, administered and con trolled by a Board of Directors. con sisting of three bona fide stockhold CTS. a majority of whom shall consti- | int hn ran pf n business. which directors shall hold office for one year, and until theil successors shall be elected and quail fled. The Board of Directors shall bt elected annually at a regular meeting of stockholders. which meeting shall bt held on the second Tuesday of June o each year, at the principal place o
 business of the corporation. Provided
 that until the first annual meetinf above referred to, F.. A. RITTER. H
 E.. BARBEE. and J. c. NORTON, shal constitute the Board of Directors. anC a majority of the Board shall have tn, power to fill vacancies occurring il said Board.
 ARTICLE VI. The officers of this corporation shal be a President a Vice President, Secretary and Treasurer, and sucl other officers and agents as the Boar' of Directors may from time to tim appoint. The officers so mentionel shall be elected by the Board of Direc tors from among their own numbe and as soon as practicable after thei own election, which officers shall hol office until the next annual meeting O the stockholders. and until their sue cessors shall be elected and qualified Provided, that until otherwise ordere by the Board of Directors. the officer of the Company shall be as follows: President and General Manager, | A. Ritter; Vice President, H. E. Bar bee; Secretary and Treasurer, J. ( Norton.
 ARTICLE VII The Board of Directors shall hay the power to make such bylaws an | rules for the regulation of the affair and business of this corporation a they shall see fit. and shall have pow | CT to alter. repeal and amend the sam at any regular meeting of the Di rectors.
 ARTICLE VIII. The time for the commencement ( this corporation shall be the 3rd -da of July, 1916. and it shall continue fo twenty five years from and after tha date.
 ARTICLE TX. These Articles, of Incorporation ma be amended by action of the stockhold
 CTS at any regular meeting or at an Il special meeting of stockholders calle for that purpose.
 ARTICLE x. The highest amount of indebtedness | or liability. contingent or otherwise. which this corporation may at an time subject itself shall be fifty thouS l aud (s50,00000) dollars.
 ARTICLE XL The private property of the stoch
 holders of this corporation shall |
 forever exempt from liability for coi porate debts.
 ARTICLE XII. The stock of this corporation sha
 when issued, be forever fully paid an
 non -assessable.
 | IN WITNESS WHEREOF, we haN
 hereunto set our hands this 3rd day
 E. S. CLARK, GORDON CLARK.
 STATE OF ARIZONA, COUNTY OF YAVAPAI ) This instrument was acknowledgt | before me this 3rd day of July 1916, ! IF $. CLARK and GORDON CLARK My commission expires June 25, l9l | (NOTARIAL SEAL)
 NEIL c. CLARK, Notary Publ Filed in the office of the Arizoi Corporation Commission this 9th d; | of July. A. D. 1916 at 10?00 A. M.
 request of F. s. CLARK, whose DO
 office address is Prescott. Arizona.