The Arizona copper camp., 1918-02-16

poration, and on motion duly made,
seconded and carried the said D. G..
Scofield, President of said corpora
tion, 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-
983383 shares out of the total of ESQ,
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 250,000
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 of
which is hereinbefore fully set forth,
and also caused said Secretary to
read his own affidavit of the due mail
ing of said notice, a copy of which
is also hereinbefore set forth.
1t having been shown that the pub
lication and service of the notice of
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-
ton was unanimously adopted:
Resolved that the report of the
Secretary as to the publication and
mailing of notice of this meeting is
, true and correct, and that the same be
approved and ratified, and
Resolved further that due notice of
| hxy
mailing has been given as required by
fornia, and all preliminary steps for
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 to
: vote
Whereas the total amount of capital
stock of this corporation now is the
{ sum of twenty-five million dollars
($25 ,000,000), 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 said
} capital stock has been subscribed for
and issued, has been fully paid up and
is now outstanding, and
, Whereas it is estimated that a large
| sum, to wit, about eleven million dol
lars ($11 900 000.) is needed and re-
y quired to pay the present indebted
t ness of this corporation and the
further sum of about seven million
: dollars ($7,000,000) will be needed
| for the acquisition of the necessary
property and facilities for the current
year, and additional large sums will
be required thereafter to meet and
provide for the future business and
: operations thereof and the increased
, demands that will be made upon it
T from time to time in the conduct of
it's business and for the extension
and growth of it's said business and
operations, and considering all and
singular the present Indebtedness of
this corporation, which has been in
Cured for money had and for labor
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 ruture for
money paid or labor done for, or for
property actually received by this
corporation, and all as set forth in q
resolution duly passed by the Board
of Directors of said corporation on
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 198,027
454356/ /983383 shares of the capital
stock thereof, and all of which has
been duly subscribed for and issued,
and amounting in the aggregate to
more than two thirds of all the sub
scribed and issued capital stock of
said corporation, to wit, more than
two thirds of the two hundred and
fifty thousand (250,000) shares, con-
stituting the total capital stock of
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, busi-
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 ($25,000,-
000), divided into two hundred and
fifty thousand (250,O00) 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 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
tipnoc chOn1d hp sold n tho