Arizona republican. [volume] (Phoenix, Ariz.) 1890-1930, 1919-11-01
Legal Advertising
ARTICLES OF INCORPORATION
OF THE

ARTICLES OF INCORPORATION
OF THE
L. S. SILVER MINING COMPANY
KNOW ALL MEN BY THESE
PRESENTS: That we, Guy Gamble,
W. IS. Salter, R. II. Emery, Arthur
Luhrs. and o. F. Beutke do hereby as
sociate ourselves together for the pur-
pose of forming a corporation under
the laws of the State of Arizona, and
for this purpose we do hereby adopt
the following articles of Incorporation
ARTICLE l
The names of the inCorpOrators are
as hereinabove set forth. and their
and postoffice addresses
are as follows: Guy Gamble, Miami,
Arizona; w. S. Salter. r. II. Emery,
Arthur Luhrs and O. f. Beutke, Phoe-
nix, Arizona.
The name of the corporation is U. S.
Silver Mining Company, and the prin-
cipal place of transacting business
shall be at the city of Phoenix Mari
copa county, Arizona, at which place
the meetings of stockholders and the
board of directors shall be had and
held, provided that the stockholders
Of this corporation may at any gem
eral meeting or at any special meet
ing called for such purpose, estab-
fish other and different places for
holding the meetings of stockholders
and directors.
ARTICLE II
The general nature or the business
proposed to be transacted shall be as
follows: The purchase, acquisition
and sale of silver and other mines and
INF work inU
ton and maintenance of same; the
holding, purchase and selling of real
estate useful or convenient for the
purpose of its business and the mort
gaging or leasing thereof; the con-
struction and maintenance of reser-
voirs, waterworks, dams and acque-
ducts and operation of mills, smelters
and reduction plants useful and neces-
sary for the business of treating,
smelling and refining silver and other
ores and metals and the manufacture
and sale of articles made wholly or in
part of silver or other metals; the
construction, maintenance and opera
ton OF stores for the sale of articles
of merchandise; the issuing of bonds,
debentures or other obligations and
the securing of the same by mortgage
or lien on any of the property, rights
or franchises Of this corporation; the
acquisition, purchase, sale or other
disposition of the stocks, bonds OF
other securities of other companies
corporations or individuals. and in
general, to do and perform any or all
acts and things necessary and Incl
dental to the objects aforesaid or in
anywise connected Herewith.
ARTICLE III
The authorized capital stock of this
corporation shall be and is one mil
lion five hundred thousand G,500,000)
shares. of the par value of one (s1.00)
dollar per share Each share of stock
when issued shall be first fully PAID
for in cash, or its cash equivalent in
services or property, and the Board
of Directors is hereby given authority
to fix the value of such services OIL
property, and in the absence of fraud
the value so fixed by said board shall
he conclusive: each share of stock
when so issued shall, thereafter, be
non -assessable.
ARTICLE "
The time of the commencement Of
this corporation shall be the date
" liNll the ~ ilAltS VI lilEOl POi dN4Ol al
filed for record in the office Of tht
Corporation Commission and certified
copy thereof recorded in the office o.
the recorder of Maricopa county, stat,
of Arizona, and the termination thereo
shall be twenty five years from tn,
date when the said certified copy i.
so recorded.
ARTICLE V
~. =
he conducted by the Board of Direc
tors of not less than five 90 nor NOR,
than nine (9), who shall serve for ;
period of one "a year, or until theil
successors are elected and qualified
Each director shall be a stockholde
of this corporation, and the member
ship of said board may be increased. "a
/ hereinabove provided, at any regula
meeting of stockholders or at any spe
/ cial meeting called for this purpose.
The first annual meeting of stock
| holders for the election of director
and the transaction of such other bust
ness as may properly come before
! shall be held on the 18th day of Janu
/ airy, 1920, and said annual meeting
shall. thereafter, be held on the sam
| day of each succeeding year.
The Board of Directors is hereb
I given power to fill all vacancies il
+ said board caused by resignation o
| otherwise. and such board is given tn
further power and authority to adop
a corporate seal and to affix the sam
/ to any stock certificate or other in
| strument in writing, and to adopt by
| laws. Until the annual meeting o
| stockholders for the election of direc
/ tors shall be held as hereinabove pro
/ vided, the following named persons
/ who are subscribers to and owners 0
/ at least one share of the capital stoc
| of this corporation, shall constitute tn
/ Board of Directors:
GUY GAMBLE,
/ w. S. SALTER,
r. H. EMERY,
ARTHUR LUHRS.
o. f. BEUTKE.
/ The following named persons sha
/ be and are hereby designated as of
ficers of this corporation, who sha
hold office until their successors hav
been chosen. namely:
GUY GAMBLE, President
w. S. SALTER. Vice president.
r. Fl. EMERY, Secretary and Treas
urer.
Until the bylaws have been adopted
such board shall be convened upon tn
cali of the president, given either b
personal notice. or by written notice
deposited in the United States post
office, addressed to each member, g
least three CD days before any sue
meeting shall be held. Until otherwis
provided by the bylaws, three q
members shall constitute a quorum
transact business.
ARTICLE VI
The highest amount Of indebtedness
or liability direct or contingent, t
which this corporation shall at an
time subject itself, shall in no cas-
exceed two-thirds (2-3) of the au
thorized capital stock.
ARTICLE VII
The private property of stock
holders of this corpora ton shall /