Mohave County miner., 1916-11-04
TWELVE PERMITS ID
 SELL STOCK ISSUED
 BY CORP. COMMISSION
Prom sunday's pauz MinerI

From Sundays DaTry MinerI
 During the week ending October 21 the Arizona Corporation Commission issued twelve permits for mining com panies to sell their stock in the State. The names of the companies, the amount of stock authorized to be sold and the price are as follows:
 Jerome Pacific Mining Company, of Jerome, 8OO,OOO shares at 50 cents per share.
 Verde Central Mines, Inc, of Pres colt, Arizona, 100000 shares at S1.OO per share.
 New Dominion Copper Company, of Globe, Arizona, 100000 shares at S1.OO per share.
 Victor Copper Company of King man, Arizona, 5OO,OOO shares at 10 cents per share.
 Arizona Western Copper Company, of Kingman, Arizona, 3O0,OOO shares at 12 cents per share.
 Ash Spring Mining Company, of Douglas, Arizona, 47,5O0 shares at 10 cents per share.
 Verde Apex Copper Mining Com pany, of Prescott, Arizona, 100000 shares at 25 cents per share.
 Arizona Eastern Mining Company, of Kingman, Arizona, 100000 shares at 15 cents per share.
 Gila Canon Consolidated Copper Company, of Phoenix, 6OO,OOO shares at 50 cents per share.
 Condor Mines Company, of Oatman, Arizona, 100000 shares at 8 cents per share.
 Signal Point Mining Company, of Douglas, Arizona, 100000 shares at 121A cents per share.
 Empire Copper Mining Company, of Phoenix, 100000 shares at 25 cents per share.
 The Commission has found that a number of companies operating in Jerome and vicinity have been offer ing stock for sale, and advertising ex- tensively, what they term "pre- organization stock", prior to the in corporation of the company and with out having secured a permit. The attention of the Attorney General and of the County Attorney of Yavapai County has been called to this practice and criminal complaints have been drafted against the Verde Hercules Copper Company and the Jerome Verde Contact Company. The laws governing the sale of stock in the state do not differentiate between the stock of the companies offered for sale prior to organization and com panies fully organized. As a matter of fact, the sale of pre-organization stock, co-called, is just as much in violation of the law as the sale of stock in a fully organized company, and offers the public less protection than stock in organized companies. The public should be wary about buy ing stock in mining companies that are without a permit. If a permit, for any reason, is not later issued, they would have little protection for their money.
 There were twenty nine companies incorporated in Arizona during the week ending October Fist. Twenty two of these are mining companies, mostly copper companies. A com plete list of the companies incor- porated, the amount of capitalization and par value of the shares, is as follows:
 American Sulphur Company, of Phoenix, Arizona, S5OO,OOO.OO, at $1OI a share.
 Arizona PlGcar Gold Extracting Company, of Phoenix, Arizona, co., OOO.OO at $1.OO a share.
 Distaff Chloride Mining Company, of Chloride, Arizona, 1,OOO,OOO.OO at S1.OO a share.
 Hughes Arizona Copper Company, of Phoenix, Arizona, 1,OOO,OOO.OO at S1.00 a share.
 Manifest Copper and Silver Com pany, of San Francisco, Cal, and Globe, Ariz., 3,OOO,OOO.OO at S1.OO a l share.
 Summit Lode Mining & Milling Company, of Oatman, Arizona, 15O,- OOO.OO at S1O.OO a share.
 Universal Metals Development Com pany, of Kiagnan, Arizona, 1,OOO,- 000.0O at S1O.OO a share.
 Mt. Graham Land and Cattle Com ! pany, of Globe, Arizona, 1OO,OOO.OO at S1.00 a share.
 Pomeroy-Prudential Copper Com pany, of Mesa, Arizona, 1,5OO,OOOOO i at S1.00 a share.
 Todd Protectograph Company, h. D. n