The Arizona copper camp., 1917-12-15

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, land 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 198,027 454356-983383
shares of the total of 250,000 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
scribed 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 198,027 454356-983383
shares.
And we do further certify that the
! mr. of coid oil
meeting of stockholders were then
taken and had:
/ The Chairman, on motion duly
made, seconded and carried, caused
the Secretary to read the resolution
/ 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, copy OF
7 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.
5 1t having been shown that~the pub
lication and service of the notice OF
l the meeting had been made in the
manner and in all respects as required
by law, thereupon, on motion duly sec
l onded, the following resolution was
: unanimously adopted:
} Resolved that the report of the Sec
: retary as to the publication and mail
2 ing of notice of this meeting is true
: and correct, and that the same be ap
S proved and ratified, and
1 Resolved further that due notice o1
. 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 fol
the holding of said meeting which are
!, required by law have been fully com
d piled with"
), Thereupon, on motion duly second
!, ed, the following resolution was put
f to vote:
q Whereas, the total amount of cap
S ital stock of this corporation now is
y the sum of twenty-five million dollars
j, ($25, 1000, ,0004- divided into two hundred
e and fifty thousand (25O,OOO) shares ot
i the par value of one hundred dollars
a ($100) each, and
Whereas, all and singular, the sale
: capital stock has been subscribed fol
and issued, has been fully paid up ant
is now outstanding, and
+ Whereas, it is estimated that large
e sum, to wit, about eleven million dol
j lars 11,000,000) is needed and re
i quired to pay the present indebted
e ness of this corporation and the fur
t ther sum of about seven million dol
y lars ($7,000,000) will be needed fol
f the ACQUISITION Of the necessary prop
J. erty and facilities for the current year
/ and additional large sums will be re
/ Quired thereafter to meet and provide
: for the future business and operations
y thereof and the increased demands
S that will be made upon it from time
:, to time in the conduct of it's business
y and for the extension and growth @
!, its said business and operations, an(
e considering all and singular the pres
L ent Indebtedness of this corporation
e which has been incurred for money
: had and for labor done and property
e actually received, also it's comin&
e needs and requirements, and the sale
e estimated Indebtedness which will nee
e essarily accrue and be incurred in the
e future for money paid to or labor done
n for, Or for property actually received
d by this corporation, and all as Sc
n forth in resolution duly passed BY
o the Board of Directors of said cor
d poration on May 21st, A. D. 1912, ant
f previously read at this meeting, ano
o Whereas, in the judgment and dis
o cretion of the stockholders of thi:
/ corporation, owning and holding OF
e the books of said corporation 1892
454356983383 shares of the capita
d stock thereof, and all of which has
y been duly subscribed for and issued
and amounting in the aggregate tt
). more than two-thirds of all the sub
a scribed and issued capital stock O
said corporation, to wit, more thar
two-thirds of the two hundred anC
; fifty thousand (250,000) shares, con
( stituting the total capital stock o
y said corporation, it is deemed ant
l. considered to be for the best and high
Il est interest of said corporation tha
y the amount of money required for tht
T. present and future Indebtedness, bust
n ness and operations of this corpora
# tion, as aforesaid, should be raised b!
n the increase of it's capital stock from
e twenty-five million dollars ($25 900,
}, 000), divided into two hundred an(
|. fifty thousand (250,000) shares of thu
par value of one hundred dollars
e ($100) each, to fifty million dollars
($50,000, ,000), divided into five hun
dred thousand (500,O00) shares of th'
d par value of one hundred dollars
# ($100) each, and that safd increas'
of shares, or so much thereof as th'
It Board of Directors may direct at diff
J. ferent times should be sold to tn,