The Arizona copper camp., 1918-02-23

neeLlng was CalloQ TO order by ID. 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 198,027 454356-983383
shares of the total of 100000 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 1873,
| 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
4 duly and regularly represented at said
melting was 198,027 454356-9833Sa
| 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
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 reaC
the affidavit of the due publication oil
/ said notice of said meeting, a COPY OF
which is hereinbefore fully set forth
and also caused said Secretary tc
read his own affidavit of the due
mailing of said notice "a copy of which
is also hereinbefore set forth.
1 1t having been shown that the pub
LEGATION 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
rotary as to the publication and mail
ing of notice of this meeting is true
and correct, and that the same be ap
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 fol
the holding of said meeting which are
required by law have been fully com
1 piled with
Thereupon, on motion duly second
| ed, the following resolution was put
to vote:
Whereas, the total amount of cap
! ital stock of this corporation now is
the sum of twenty-five million dollars
($25, 000,000), divided into two hundred
i and fifty thousand (25O,000) shares Of
the par value of one hundred dollars
i ($100) each, and
/ Whereas, all and singular, the sale
capital stock has been subscribed fol
and issued, has been fully paid up anj
is now outstanding, and
4 Whereas, it is estimated that large
i 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 the fur
ther sum of about seven million dol
lars ($7,000,000) will be needed fol
the ACQUISITION 0f the necessary prop
erty and facilities for the current year
and additional large sums will be re
quired thereafter to meet and provide
i for the future business and operations
thereof and the increased demands
1 that will be made upon it from time
1 to time in the conduct Of it's business
and for the extension and growth 81
it's said business and operations, anC
! considering all and singular the pres
ent Indebtedness of this corporation
4 which has been incurred for money
had and for labor done and property
actually received, also it's coming
| needs and requirements, and the sale
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 sci
forth in resolution duly passed by
the Board of Directors of said cor
! poration on May 21st, A. D. 1912, an6
4 previously read at this meeting, anC
/ Whereas, in the Judgment and dis
/ erection of the stockholders of this
corporation, owning and holding or
the books of said corporation 1902
| 454356-983383 shares of the capital
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
described and issued capital stock Of
said corporation, to wit, more than
ltwo-thirds of the two hundred and
fifty thousand (25O,O00) shares, con
shutting the total capital stock oil
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, bust
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, 900,
000), divided into two hundred and
fifty thousand (250,000) shares of the
par value of one hundred dollars
j ($100) each, to fifty million dollars
$3.50, ,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
Board of Directors may direct at diff