Western liberal. (Lordsburg, N.M.) 1887-1919, 1917-05-18
ANN MILLING COMPANY.

HARVEY l.. WAITE, a resident of
Bowie, Arizona, and CHARLES d.
ALLEN, a resident Of FL Paso, Texas,
have this day associated ourselves to-
gether for the purpose of forming a
corporation under and pursuant to
the laws Of the State Of Arizona, and
for that purpose do hereby adopt
Articles Of Incorporation as follows;
ARTICLE /. The name Of the Cor
poration shall be ECLIPSE MINING
AND MILLING COMPANY.
ARTICLE 2. The principal place
Of business of this Corporation shall
be at Duncan, Greenlee County, Ari-
iona, and the Corporation may at any
time establish such other place or
places Of business and offices, either
within or without the State Of Ari-
IONA, as the Directors may determine,
at any Of which offices, its books may
be kept, all meetings of stockholders
and directors may be held and other
business transacted.
ARTICLE 3. The general nature
of the business proposed to be trans
acted is as follows: To make con-
tracts, to purchase, lease option, To-
cate or otherwise acquire, own, ex-
change, sell, or otherwise dispose Of,
pledge, mortgage, hypothecate and
deal in mines, mining claims and
mineral lands, water and water
rights, and to work, explore, operate
and develop the same, and to extract
any and all minerals therefrom and
deal in the products and ~by-products
thereof; to purchase. lease or other
wise acquire, erect, own, operate or
sell smelling and ore-reduction works
and power plants; to build and oper-
ate electric light, heating and power
plants; to construct and operate
private telephone and telegraph wires
OF for any other purpose; to do a
general mercantile business; to W
and control shares of its own capital
stock, and that of other corporation,
and to vote any such stock owned by
1T, the same as a natural person
might do; to issue bonds, notes,
debentures and other evidences of in
d%ebtedness and secure the payment of
the same by mortgage, deed of trust
or otherwise; to borrow and loan
money; and in general to do and per-
form such acts and things, and trans
act such business not inconsistent
with law in any place as the Board
of Directors may deem to the adj
vantage of the corporation.
ARTICLE a. The Authorized
amount of capital stock of this Cor
poration shall be ONE MILLION
DOLLARS, $4,000, 000), divided into
Two Hundred Thousand shares of the
par value of five dollars each. At
such time as the Board of Directors
may by resolution direct, said
capital stock shall be paid into the
corporation, either in cash or by the
sale and transfer to it of real or
personal property, contracts, services
or any other valuable right or thing
for the use and purposes of said cor
poration, in payment for which shares
of the capital stock of said Corpora
ton may be issued and the capital
stock so issued shall t%hereupon and
thereafter become and be fully paid
up, and in the absence of actual fraud
in the transaction, the judgment of
the directors as to the value of the
property purchased or services rend-
cred, shall be conclusive.
ARTICLE 5. The time of the
commencement of this Corporation
shall be the date of the issuance to
it by the Arizona Corporation Com
mission of a certificate of incorpor-
alton, and the termination thereof
shall be twenty-five years thereafter,
with the privilege of renewal, as pro-
vided by law.
ARTICLE 6. The affairs Of this
Corporation shall be conducted by a
board of Directors until their sue.
cessors are elected, and the following
named shall constitute the present
board: GEORGE A. KALAR, Steeple
Rock, N. M, MORGAN M. WILSON,
Tucson. Arizona, HARVEY L.
WAITE, Bowie, Arizona, CHAS. D.
ALLEN, Ell Paso, Texas, and w. C.
DOWNEY, Lordsburg, N. M. There
after the Board of Directors shall be
elected from among the stockholders
at the annual stockholders meeting
to be held or the first Wednesday in
January Of each year.
ARTICLE 7. The Directors ehalI
have power to adopt and amend by
laws for the government of the cor
poration, to fill vacancies occurring in
the board from any cause and to ana
point an executive committee with
all the powers granted the Directors
by these articles. All amendments
to, bylaws must be approved and
ratified by at least two-thirds of the
outstanding stock at the annual
meeting or a special meeting of the
stockholders.
ARTICLE 8. The highest amount
of Indebtedness, direct or contingent,
to which the corporation shall be sub
iect tn. at anu opa A;r,o xii 4.
100000.
ARTICLE O.. The private property
of the stockholders and officers of the
Corporation shall be exempt from all
corporate debts of any kind whatso-
ever.
In witness whereof, we have here
unto set our hands and seals this 9th
day of September, 1915.
GEORGE A. KALAR,
HARVEY l.. WAITE,
MORGAN NJ. WILSON,
CHARLES d. ALLEN.
Rofnwa -, ALs- al D.