The Arizona copper camp., 1918-02-09

meeting was called to order by D. G.
Scofield, the President of said cor
poration, and on motion duly made,
seconded and carried the said D. G.
| Scofield, President of said corpora
ton, was unanimously elected Chair
man of the meeting, ana acted as
such Chairman; and on motion duly
made, seconded and carried William
Edwards, the Secretary of said cor
poration, 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
corporation, as required by the By
Laws of the corporation, stockholders
owning and holding 198,027 454356-
9S3383 shares out of the total of 250
900 shares of the entire capital stock
of said corporation, and all of which
capital stock had been heretofore
subscribed for and issued and was
! then outstanding, and being stock.
holders representing upon the books
of said corporation more than two
thirds of all the subscribed or issued
capital stock of said corporation, to
wit, representing 198,027 454356 /983383
| shares out of the total Of $50, ,000
shares of the subscribed and issued
and outstanding capital stock of said
corporation, as aforesaid that the
amount of stock duly and regularly
represented at said meeting was 1885,
OPT 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 Sec.
retary to read the resolution of the
Board of Directors so as aforesaid
adopted at the meeting of the said
Board, held on the 21st day of May
1912, calling said special meeting OF
stockholders, and which resolution is
hereinbefore fully set forth; and also
caused said Secretary to read the af
fidavit of the due publication of said
notice of said meeting, copy ot
which is hereinbefore fully set forth
and also caused said Secretary tC
read his own affidavit of the due mail
| ing of said notice, copy of which
is also hereinbefore set forth
1t having been shown that the pub
lication and service of the notice O1
the meeting had been made in the
manner and in all respects as re
quired by law, thereupon, on motion
duly seconded, the following resolu
tion was unanimously adopted:
Resolved that the report of the
Secretary as to the publication anG
mailing of notice of this meeting is
true and correct, and that the same be
approved and ratified, and
Resolved further that due notice o.
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
piled with"
Thereupon, on motion duly second
ed, the following resolution was put tt
vote:
Whereas the total amount of capita
stock of this corporation now is tht
sum of twenty-five million dollars
($25, ,00O,000.), divided into two hun
dred and fifty thousand (250,000,
shares of the par value of one hun
dred dollars ($100) each, and
Whereas, all and singular the saiC
capital stock has been subscribed fo,
and issued, has been fully paid up ant
is now outstanding, and
Whereas it is estimated that larg'
sum, to wit, about eleven million dol
lars ($11,000 .000) is needed and re
quired to pay the present indebted
ness of this corporation and th
further sum of about seven million
dollars ($7000,000) will be needed
for the acquisition of the necessar.
property and facilities for the curren
year, and additional large sums will
be required thereafter to meet an
provide for the future business AM
: operations thereof and the increased
demands that will be made upon i
; from time to time in the conduct o
its business and for the extension
and growth of it's said business ant
operations, and considering all an(
singular the present indebtedness o
this corporation, which has been in
Cured for money had and for labo
done and property actually received
also it's coming needs and require
ments, and the said estimated indebt
edness which will necessarily accrue
and be incurred in the ruLure fol
money paid or labor done for, or fol
property actually received by this
corporation, and all as set forth in {
resolution duly passed by the BoarC
of Directors of said corporation OF
May 21st, A. D. 1912, and previously
read at this meeting and
Whereas, in the judgment and dis
cretion of the stockholders of this cor
poration, owning and holding on the
books of said corporation 1892
454356 6/983383 shares of the capita
stock thereof, and all of which has
been duly subscribed for and issued
and amounting in the aggregate tC
more than two thirds of all the sub
scribed and issued capital stock Of
said corporation, to wit, more thar
two thirds of the two hundred anG
fifty thousand (250,000) shares, con
stituting the total capital stock ot
said corporation, it is deemed and
considered to be for the best and high
est interest of said corporation thai
the amount of money required for the
present and future Indebtedness, busi
ness and operations of this corpora
tion, as aforesaid, should be raised by
the increase of it's capital stock from
twenty-five million dollars ($25,000,
O00), divided into two hundred anC
fifty thousand (250,000) shares of the
par value of one hundred dollars
($100) EACH to fifty million dollars
($50000,000), divided into five hun
dred thousand (500,000) shares ot