The Arizona copper camp., 1917-12-29

meeting was called to order by D. G.
Scofield, the President of said corpo-
ration, and on motion duly made, Sec
onded and carried the said D. G. SEQ
field, President of said corporation.
was unanimously elected Chairman of
the meeting, and acted as such Chair
man; and on motion duly made, Sec
onded and carried William Edwards,
the Secretary of said corporation, was
unanimously elected Secretary of said
meeting, and acted as such Secretary;
| And we do further certify and de-
clare that at said stockholders meet
ing there were present in person and
represented by proxies in writing, duly
filed with the Secretary of said cor
poration, as required by the Bylaws
of the corporation, stockholders own
ing and holding 198,O27 454356-983383
shares of the total of 250,O00 shares
| of the entire capital stock of said cor
poration, and all of which capital stock
had been heretofore subscribed for
and issued and was then outstanding
and being stockholders representing
upon the books of said corporation
more than two-thirds of all the sub
scrlbed or issued capital stock of said
corporation, to wit, representing 1885,
| OPT 454356-983383 shares out of the
/ total of 250,000 shares of the sub
scribed and issued and outstanding
capital stock of said corporation, as
aforesaid; that the amount of stock
duly and regularly represented at said
melting was 198,O27 454356-983383
shares.
And we do further certify that the
following proceedings at said special
meeting of stockholders were then
taken and had:
The Chairman, on motion duly
made, seconded and carried, caused
the Secretary to read the resolution
i of the Board of Directors so as afore-
said adopted at the meeting of the
said Board, held on the 21st day of
May, 1912, calling said special meet
ing of stockholders, and which reso-
luton is hereinbefore fully set forth !;
and also caused said Secretary to read
the affidavit of the due publication of
said notice of said meeting, a copy of
which is hereinbefore fully set forth,
and also caused said Secretary to
read his own affidavit of the due
mailing of said notice "a copy of which
is also hereinbefore set forth.
1t having been shown that the pub
lication and service of the notice of
the meeting had been made in the
manner and in all respects as required
by law, thereupon, on motion duly sec
onded, the following resolution was
unanimously adopted:
Resolved that the report of the Sec
retary as to the. publication and mail
ing of notice of this meeting is true
nd
i proved and ratified, and
/ Resolved further that due notice of
this meeting by publication and by
mailing has been given as required by
Section 359 of the Civil Code of Cali
fornia, and all preliminary steps for
the holding of said meeting which are
required by law have been fully com
piled with
Thereupon, on motion duly second
ed, the following resolution was put
4 to vote:
4 Whereas, the total amount of cap
/ ital stock of this corporation now is
the sum of twenty-five million dollars
j 25,O0O,000), divided into two hundred
and fifty thousand (250,000) shares OF
the par value of one hundred dollars
| ($100) each, and
Whereas, all and singular, the said
capital stock has been subscribed for
and issued, has been fully paid up and
is now outstanding, and
4 Whereas, it is estimated that large
sum, to wit, about eleven million dol
lars ($11 1,000,000) is needed and re-
quired to pay the present indebted
ness of this corporation and the fur
ther sum of about seven million dol
lars ($7,000000) will be needed for
the ACQUISITION 0f the necessary prop
/ erty and facilities for the current year,
and additional large sums will be re-
qulred thereafter to meet and provide
4 for the future business and operations
thereof and the increased demands
that will be made upon it from time
to time in the conduct of it's business
and for the extension and growth Of
it's said business and operations, and
considering all and singular the pres
! ent Indebtedness of this corporation,
which has been incurred for money
had and for labor done and property
actually received, also its coming
| needs and requirements, and the said
estimated Indebtedness which will nee
essarily accrue and be incurred in the
future for money paid to or labor done
| for, or for property actually received
| by this corporation, and all as set
forth in a resolution duly passed by
the Board of Directors of said cor
/ poration on May 21st, A. D. 1912, and
previously read at this meeting, and
Whereas, in the judgment and dis
erection of the stockholders of this
/ corporation, owning and holding on
the books of said corporation 198027
454356-9S9383 shares of the capital
stock thereof, and all of which has
been duly subscribed for and issued,
and amounting in the aggregate to
more than two-thirds of all the sub
scribed and issued capital stock of
said corporation, to wit, more than
two-thirds of the two hundred and
fifty thousand (250,000) shares, con-
stituting the total capital stock of
said corporation, it is deemed and
considered to be for the best and high
est interest of said corporation that
the amount of money required for the
present and future indebtedness, busi-
ness and operations of this corpora
ton, as aforesaid, should be raised by
the increase of it's capital stock from
twenty-five million dollars ($25 5,000,-
000), divided into two hundred and
fifty thousand (250,000) shares of the
par value of one hundred dollars
! ($100) each, to fifty million dollars
| ($50,000, ,000), divided into five hun
dred thousand (500,000) shares of the
par value of one hundred dollars
| ($100) each, and that said increase
of shares, or so much thereof as the
| nf OF