Arizona republican., 1917-02-13
ARTICLES OF INCORPORATION

ed. having associated ourselves for the purpose of forming corporation un- der the laws of Arizona, do hereby adopt the following Articles of Incor- poration:
 ARTICLE I: The incorporators are:
 LUELLA M. ROWLAND,
 (Name)
 Los Angeles, Calif
 (Post Office Address)
 BESSIE BALL MAYS > (Name)
 Los Angeles, Calif
 (Post Office Address)
 w. T. MAXEY
 (Name)
 Los Angeles, Calf.
 (Post Office Address)
 c. c. BALL,
 (Name)
 Los Angeles, Calf.
 (Post Office Address)
 And the Name of the Corporation shall be THE J. w. LEE MINING COMPANY. LIMITED.
 It's principal place of business with in Arizona shall be Phoenix, and in California, Los Angeles, but other of fices may be established and maintain ed within or outside of Arizona al such places as the Board of Directors may designate where meetings of Stockholders and Directors may be 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 its own capital stock. and that of other corporations and to vote any sSares of stock of other corporations owned by it; the same as 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 i world.
 The property now owned by this cor poration consists of fifteen 05) Claims, and are located in the SADDLE MOU NTAI MINING DISTRICT. Pinal County, Arizona, three and one half miles from the $. P. R. R. sta ton at Christmas. Said Claims are a 
 one of the most operative Mining Dis tricts of Arizona; And to have perpet- | ual succession. To sue and be sued by the corporate name. To haze a common seal and alter the name at pleasure. To render the shares .r 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 business.
 ARTICLE III: The Capital Stock of the corporation shall be One Million 1 Dollars (s1,000,0 ,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, oprinn 1 to purchase, or any other valuable | right or thing, for the use and purposes | of the corporation, and all shares of 1 Capital Stock, when issued in exchange | therefor shall thereupon and thereby
 
 l though paid for in cash at par. and i shall be non- -assessable forever. and l the judgment of the Directors as to the value of any property, right or thing l acquired in exchange for capital stock | shall be conclusive.
 | ARTICLE ": The commencement | of the corporation shall be the date oi 1 the issuance to it of a certificate of ln- corporation by the Arizona Corporation ] Commission, and it shall endure for | the full term of twenty-five years | thereafter. with privilege of perpetual l succession as provided py Statute. l ARTICLE V: The affairs of the cor poration shall be conducted by Boart of Directors and such officers as the said Directors may elect or appoint 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 or the first day of June of each year | Until the first annual meeting of tho | stockholders and until their successor. l have been elected and have qualified the following named persons shall bt ! the officers and directors: w. T. Maxey, President and Direc- tor; J. w. Lee, 1st Vice President ant Director; J. F. Mitchell. End Vict President and Director; c. c. Ball Secretary and Director Bessie Bal Mays. Treasurer and Director.
 ARTICLE VI: The Directors shal have power to adopt, amend and re- scnd by laws to fill vacancies occurr- ing in the Board from any cause, ant to appoint fromtheir own number al executive committee and vest said com mittee with all the powers granted tho | Directors by these Articles.
 ARTICLE VII: The highest amour of indebtedness or liability to which tn, | corporation may at anyone time sub ject itself is Five Hundred Thousan, Dollars (s500,000) or never to excee' one- half of its-capital stock. ARTICLE VIII: The private prop erty of the stockholders of the cor poration shall be forever exempt iron it's debts or obligations.
 ARTICLE TX: This Corporation does hereby appoint J. W. Lee. o Winkelman, Arizona. who has been bona fide resident of Arizona for a least three years or more, its lawfu , agent in and for the State of Arizon for and in behalf of said Company to accept and acknowledge service o1 and upon whom may be served al necessary process or processes in an action, suit or proceeding that ma be had or brought against the sai Company in any of the courts of sai State of Arizona. Such services c i. process or notice or the acceptanc thereof by said agent endorsed there Nn. to have the same force and CT feet as if served upon the Presiden and Secretary of said Company IN WITNESS WHEREOF. " hereto affix our signature and seal