Mohave County miner., 1918-05-25
Office Of the

ARIZONA CORPORATION COMMISSION. (SeaD F. A. JONES, Chairman. Attest: SAM W. PROCTOR, Secretary.
 ARTICLES OF INCORPORATION OF
 RICO EXPLORATION COMPANY | KNOW ALL MEN BY THESE PRESENTS | That we, the undersigned. have this day as-
 sociated ourselves together for the purpose
 of forming a corporation under the laws of
 the State of Arizona, and for that purpose we
 do hereby adopt, execute, acknowledge and i publish the following Articles of Incorpora- | tion:
 | addresses of the incorporators are w. w. | Lewis, Kingman, Arizona, and c. ". Herndon.
 Kingman, Arizona and the name of the cor
 poration shall be RICO EXPLORATION COM ! PANY.
 ARTICLE TWO: The principal office and
 place of business of the corporation shall be
 at Kingman. Arizona, and the corporation ' shall have the right to establish such branch offices or places of business. either within or of Directors, hereinafter provided for, may. | from time to time designate, at which branch
 offices meetings of the Board of Directors may ARTICLE THREE: The general nature of the business proposed to be transacted and carried on by this corporation is that of min ing milling, smelting' ore reduction and treat ing in all its related branches, and to do any and all the things herein mentioned al fully and to the same extent natural persons might or could do, in any part of the world.
 
 to engage in any and every business which may be, by its Board of Directors deemed necessary, requisite, essential. convenient or auxiliary to the carrying out of the objects and purposes for which this corporation is formed.
 In furtherance and not in limitation of said
 general powers and purposes it IS expressly
 provided that this corporation shall have the following powers, to-wit:
 l. To acquire, own. handle, cucumber or
 in any manner deal in or with any and all
 classes of property, real, personal or mixed to
 purchase otherwise acquire, own, hold, sell
 or in any manner deal in or with shares of
 the capital stock of this or other corporations {; to pay for property purchased in cash, stock of this or other corporations, bond or otherwise ;
 to carry on the business of mining, milling, smelting. concentrating, converting, treating preparing for market, manufacturing, buying selling, exchanging or otherwise producing or dealing in or with any and all kinds of ores, minerals and metals, and the products and by products thereof, of every kind and descrip- tion, and by whatever process the same can or may be produced and generally without limitation as to amount
 2. 70 acquire by purchase, exchange, To- cation, appropriation or in any other man ner whatever to receive, own, hold. use, op- crate, lease, mortgage, sell or otherwise dis pose of mines, mining claims. mining prop erty, mining rights, ores. minerals, water, water-riRhts, reservoirs, canals, fumes, ditches, mills, smelters, mills, mill-sites, dam sites, stores, hotels, boarding houses. ease
 
 8. To construct lease, purchase or other wise acquire, and to own, hold. manage and operate dispose of roads, tramwayss rail- roads, telegraph or telephone lines and sys- tems, auto trucks, automobiles, power lines or systems and power houses, necessary OF con- l venient to the carrying of any business un- dertaken by 1t; to engage in the mercantile business to acquire, own, hold, sell, lease' | dispose of or otherwise deal in or with any and all kinds of inventions, rights, licenses, | patent rights or letters patent.
 4. To borrow money, and to issue its bonds, | payable in cash or convertible into stock of the corporation, promisory notes, mortgages or other evidences of indebtedness therefor. and to pledge. sell or otherwise cucumber CT dis pose of any part or all of the property owned by it for the security or payment of any in- debtedness or obligation incurred or under taken; to its stock. debentures or bonds in payment for any property or commodity which it may purchase or acquire
 s. To make contracts, and to do as fully and to the same extent natural persons might or could do any and all of the things herein set forth, either as principal, agent contractor, trustee or otherwise, and either alone or in company with other persons asso- citations or corporations: and in general, to have and exercise with respect thereto all the powers. privileges and immunities conferred upon corporations of this class by the laws ,f the State of Arizona
 ARTICLE FOUR: The amount of the eapi- .al stock of this corporation shall be ONE HUNDRED THOUSAND DOLLARS, divided 2 Ten Gents each. and the same. when issued. Ihal be fully paid and forever non-assessable. Said stock shall be issued at such time or l imes and upon such terma and conditions as | nay be provided by the Board of Directors, md same may be issued in exchange for ! mines, mining claims or any other property cal or personal. for benefits accruing or eryiees rendered to the corporation, in any , manner or form whatsoever, as the Board of 1 Directors may determine, and in the absence f actual fraud in the transaction such de- ! ermination of the Board of Directors shall be inal. 2 ARTICLE FIVE: The management and } ontrol of the business, property and affairs 7 f this corporation shall be vested in a Board . f Directors which shall consist of not less Tf han three nor more than five members, who ] hall be elected from among the stockholders e f record at the regular annual meeting of ' he stockholders, which shall be held at the rincipal office of the company on the first . tuesday in March of each year, and said Di- \ ectors so elected shall hold office for one :, ear until their successors are elected and n ualified; any vacancy which may occur in a aid Board of Directors, whether caused by n cath. resignation or otherwise, shall be filled n y election by the remaining members of said z oard from among the stockholders of record. f aid Board ot Directors shall have power to n stablish Bylaws and make all rules and VI sgulations necessary convenient for the ri 1nduct and management of the property and iI fairs of the corporation, not inconsistent ii ith law of these Articles of Incorporation. he first Board of Directors, to serve until m le first annual meeting of the stockholders ID, until their successors are elected and quail al e0, s-.sliI Ue seIecoed Dy the incorporators. le ARTICLE SIX: The time of the commence e ent of this corporation shall be the date of d' e issuance of a Certificate of Incorporation U she ARIZONA CORPORATION COMMIS- r ION, and the termination thereof shall be I' yenty-five years thereafter, with privilege
 renewal as provided by law. St ARTICLE SEVEN: The officers of this - operation shall be a President, one or more ice Presidents, Secretary and Treasurer, Id more than one of said offices, whose z lties are not inconsistent. may be held by e same person. The first Board of Direc- D, rs' when selected as herein prOVlaed' shaii ia point the officers of the corporation, and ii, e President and Vice President shall be su nrn among their own number. The officars aI