Arizona republican., 1917-10-31

appropriate or expedient by the Direc- .u.s ur Stockholders of this corporation and in general to carry on any other awful business in connection with the foregoing which may be indirectly, to enhance the value of the company's
 ,.efties, right or stock and to do any tnd all things which a natural person l might or could lawfully do, in 8 general , mining business.
 ARTICLE III. i
 The AMOUNT OF THE CAPITAL | STOCK of this corporation shall be | One Million ($1,000, ,000.0O Dollars, di- 1 yided into one million G,000,000) shares | of the par value of One CD Dollar each ] and said capital stock shall be fully | paid up, at the date of issuance, in money, property, services, labor or any other valuable right or thing. in the discretion of the Board of Directors and the judgment of said Board. as to the value thereof. shall be conclusive on this corporation and it's stockhold- CTS Said capital stock is hereby made and shall forever remain non-asseSs- able. Said stock shall be disposed of in the discretion of the Board of Directors, as said Board may deem proper and its discretion shall be final and binding. ARTICLE ".
 The life of this corporation shall i commece on the day when certificate l of it's incorporation is issued by the
 Arizona Corporation Commission and 1 shall terminate twenty five t23) years 1 thereafter.
 ARTICLE Y. The affairs of this corporation shall | be conducted by a Board of Directors l of not less than five nor more than 1 her officers
 and agents as they may appoint or elect and al Directors shall be stockholders. the following named persons shall con- stitute the Directors and Officers Of this corporation. until their successors | shall have been elected and qualified, to wit:
 JOHN SCARBAUER. President.
 WALTER W. PETTY, Vice Pres;
 PAUL MULLER. Treasurer;
 HENRY H. SCHUMANN, Secretary
 MAUD A. MAJOR, Director.
 Hereafter, the Board of Directors
 shall be elected annually by the stock
 holders, from among their number. al the annual meeting of the stockholders
 to be held on the fourth Tuesday 1T : June. in each year and shall hold office 7 until their successors are elected ant 7 qualified: the Board of Directors shal have power to fill any vacancies occur l ring in the offices or in the Board } i from any cause for the unexpired term I ARTICLE VI. = The highest amount of indebtedness l direct or contingent, to which this cor ], poration shall ever be subjected, stal = be two-thirds of the total par valu s of the capital stock.
 : ARTICLE VII. r The private property of the stock S holders and officers of this corporatio t, shall be exempt from all corporal 2, debts and liabilities of any kind what Is soever.
 IS ARTICLE VIII. ,- This corporation shall have power, 2 = any time, to sell, transfer and dispos l. of all of it's assets, upon the write e, consent of the owners of two-thirds ic the capitol stock then outstanding. g IN WITNESS WHEREOF. the sai . corporators have hereunto set the T. hands this 7th day of September 1917 Id (Signed)
 ie JOHN SCARBAUER to H. H. SCHUMANN. e, PAUL. MULLER Is WALTER w. PETTY. D. State of Arizona, Maricopa County s o, This instrument was acknowiedgt ts Before me this 7th day of Septemhe r. 1917. by Henry H. Schumann. JOf Id Scarbauer Paul Muller and Walter ' e. Petty
 nd HERMAN LENKOWITZ. lis Notary Public. ", My commission expires. May !. 1920