Arizona republican., 1917-02-14

held and any and all corporate busi- ness transacted.
 ARTICLE II: The general nature of the business proposed to be trans acted is to conduct a general mining business to own, handle, control, patents, inventions and shares of it's own capital stock and that of other corporations and to vote any shares of stock of other corporations owned by it; the same as a natural person might do; to borrow money and issue bonds, notes, debentureS and other evidences of indebtedness and secure the pay ment of the same by mortgage, deed of trust or otherwise; to act as agent trustee, broker, or in any other fidu- ciary capacity. and in general. to do and perform such acts and things and transact such business in connection with the foregoing objects not incon- sistent with law in any part of the world.
 The property now owned by this cor poration consists of fifteen G5) Claims, and are located in the SADDLE M OU NTAIN MINING DISTRICT. Pinal County, Arizona, three and one half miles from the $. r. R. R. sta tion at Christmas. Said Claims are a continuous Group and are located in one of the most operative Mining Dis lllCtS Ol LtilIOIld, Anu lO nave pcIptl- ual succession. To sue and be sued by the corporate name To hare a common seal and alter the name at pleasure. To render the shares 1T in- terests of stockholders transferable and prescribe the mode of making such transfers. To exempt the private property of members from liability for corporate debts. To make contracts, acquire and transfer property possess ing the same powers in such respects as private individuals now enJoy. As the Board of Directors may deem to the advantage of the corporation in the carrying on of a general mining business.
 ARTICLE III: The Capital Stock of the corporation shall be One Million Dollars (s1,000,000), divided into one ! million shares of the par value of One Dollar each, which shall be paid in at such times as the Board of Directors may designate in cash, real or per sonal property, services lease, option | to purchase, or any other valuable right or thing, for the use and purposes 1 of the corporation, and all shares of Capital Stock. when issued in exchange | therefor, shall thereupon and thereby i become and be full paid the same as 1 though paid for in cash at par and shall be -assessable forever, and the judgment of the Directors as to the l value of any property, right or thing | acquired in exchange for capital stock | shall be conclusive.
 ARTICLE ": The commencement 1 of the corporation shall be the date ol 1 the issuance to it of certificate of ln | corporation by the Arizona Corporation l Commission, and it shall endure for !! the full term of twenty five years | F. | succession as provideu by Statute. | ARTICLE V: The affairs of the cor | poration shall be conducted by Board | of Directors and such officers as the | said Directors may elect or appoint. l The number of directors shall be | designated by the Bylaws and shall | be elected from among the stockholders | at their annual meeting to be held on | the first day of June of each year. | Until the first annusl meeting of the 1 stockholders and until their successors | have been elected and have qualified, l the following named persons shall be i the officers and directors:
 | w. T. Maxey, President and Direc- tor; J. w. Lee. 1st Vice President and 1 Director; J. F. Mitchell. 2nd Vice President and Director; c. c. Ball. Secretary and Director; Bessie Ball Mays, Treasurer and Director
 ARTICLE VI: The Directors shall ! have power to adopt, amend and re- scind by laws, to fill vacancies occurr- ing in the Board from any cause, and ! to appoint fromtheir own number an executive committee and vest said com mittee with all the powers granted the 1 Directors by these Articles.
 l ARTICLE VII: The highest amount of indebtedness or liability to which the corporation may at anyone time sub feet itself is Five Hundred Thousand ! Dollars $500,000), or never to exceed | one-half of its capital stock.
 ARTICLE VIII: The private prop erty of the stockholders of the cor poration shall be forever exempt from it's debts or obligations.
 ARTICLE TX: This Corporation | does hereby appoint J. w. Lee, of Winkelman, Arizona, who has been a | bona fide resident of Arizona for at | least three years or more, it's lawful agent in and for the State of Arizona for and in behalf of said Company to accept and acknowledge service of and upon whom may be served al necessary process or processes in any action, suit or proceeding that may be had or brought against the saiC | Company in any of the courts of said State of Arizona. Such services oi process or notice or the acceptance thereof by said agent endorsed there Hn. to have the same force and CT feet as if served upon the President and Secretary of said Company. Il IN WITNESS WHEREOF, w, hereto affix our signature and seal: this 24 day of November, A. D. 1916.
 LUELLA w. ROWLAND, (Seal,
 BESSIE BALL MAYS, (Seal)
 w. T. Maxey, (Seall
 C. C. BALL. (Seall STATE OF CALIFORNIA.
 County of Los Angeles:-ss.
 Before me. B. F. Sellers, Notar, Public in and for the State ant County aforesaid, on this day per sonally appeared Lucia NJ Howland Bessie Ball Mays, w. T. MaxeS ant c. c. Ball known to me to be tht persons whose names are subscribed to the foregoing instrument, ant acknowledged to me that they exc l cuted the same for the purpose ant | consideration therein expressed i GIVEN under my hand and seal O office this 24 day of November, A. D 1916.
 B. F, SELLERS,
 Notary Public.
 My commission expires 3Oth day O october, A. D. 1918.