The daily morning oasis., 1919-12-28
lay be held and all business transacted.

ARTICLE ".
The general nature of the business pro-
posed to be transacted by the corporation is
as follows:
To make contracts, to purchase, lease, OPP
ton, located otherwise acquire, own, ex-
change, sell otherwise dispose of, pledge,
mortgage, hypothecate, and deal in mines,
mining claims. mineral lands. water and water
rights and other property both real and per-
sonal, and to work, explore, operate and
develop the same, and to deal in and trans
port the product and by-products thereof and
to purchase, lease, otherwise acquire, erect,
own, operate and sell, milling, smelling, and
reductions plants, and works, power
plants, railroads and tramways leading from
the principal works of the Company: to do
general manufacturing and mercantile busi
ness to own, handle and control letters pat
ent and inventions; to own, cancel and re-
issue shares of it's own capital stock, and to
own and vote shares of other corporations ;
to issue bonds, notes and other evidence of
Indebtedness, and to secure payment of the
same by mortgage. deed of trust or other
wise to act agent, trustee or broker, and
to borrow and loan money, and in general
to do and perform such acts and things and
transact such business not inconsistent with
law in any part of the world, the Board of
Directors may deem to be to the advantage
of the corporation
ARTICLE v.
The amount of the capital stock of this
corporation is Five Million Dollars, divided
into five million shares of One Dollar each.
Stock shall be issued when paid for in cash,
services. property, and shall be issued as
fully paid and shall be forever non- n-assessabe
The judgment of the Board of Directors as
to the value of the property or services taken
in exchange payment for stock shall be
conclusive in the absence of fraud
ARTICLE VI.
The time of the commencement of this
corporation shall be the date which GER
tficate OF incorporation is issued by the
Corporation Commission of Arizona. and it
shall terminate twenty-five years thereafter.
unless renewed in the manner provided by
law.
ARTICLE VII.
The affairs of this corporation shall be
conducted by a Board of Directors and such
officers as the directors may elect appoint,
and until otherwise provided by a resolu-
tion of the stockholders ors bylaws the Board
of Directors shall consist of three persons.
Said Directors shall be elected at the annual
meetings of the stockholders and shall serve
for one year and until their successors are
elected and qualified. The annual meeting
of the corporation shall be held at such place
and hour may be prescribed by the by
laws of the corporation on the first Monday
in July of each year. Special meetings of
stockholders may be held at such time and
place, and in such manner as may be pre-
scribed by the bylaws of the corporation.
Until the first annual meeting of the stock
holders of the corporation, and until their
successors elected and qualified, the fol-
of the corporation; John F. Weiss and
Everett G. Ballard. If at any time vacancy
in the Board Of Directors shall occur, said
vacancy may be filled by the remaining
members of the Board of Directors in office.
The personal so elected to fill vacancy shall
serve during the uneXpired term of his prede-
cessor and until his successor is elected and
qualified. The Board of Directors shall have
power to appoint from among their members
an Executive Committee, if they desire,
xxrh;n fn Ia p<fpnt nrOVIdpd resolution
or by the bylaws of the corporation, shall
have and exercise all powers herein granted
ARTICLE VIII.
The officers of this corporation shall be
President, Vice-President, Secretary and
Treasurer The Secretary and Treasurers Of
flee may be filled by the same person. The
President and Vice-President shall be elected
b5 the Board of Directors Immediately after
each annual meeting of the stockholders of
the corporation, and shall hold office for one
year and until their successors are elected
and qualified. The offices of Secretary and
Treasurer may be filled by appointment of
the Board of Directors unless otherwise pro-
vided in the bylaws In the event of
vacanacy in any office the Board of Directors
may fill the same and the person so elected
shall serve during the unexpred term of his
predecessor and until his successor is elected
and qualified.
The first officers of the corporation, who
shall serve until the first annual meeting of
the stockholders of the corporation and until
their successors are elected or appointed and
qualified, are follows:
Everett Guy Ballard, President.
George Bruckheimer, Vice-Presdent.
John F. Weiss, Secretary and Treasurer.
ARTICLE TX.
Bylaws for this corporation shall be adopt
ed and may be amended and revised by the
Board of Directors until and unless otherwise
provided by resolution of the stockholders.
ARTICLE Y.
The highest amount of Indebtedness or liza
bility, direct or contingent, to which this cor
poration is at any time to subject itself to, is
Three Million Dollars.
ARTICLE XII.
The private property of the stockholders
of this corporation shall be exempt from all
corporate debts of any kind whatsoever.
ARTICLE XII.
At any annual meeting of the stockholders,
| or at any special meeting of the stockholders
called for that purpose, these articles of in
corporation may be amended by the affirma-
| tive vote of the majority of stock issued and
| outstanding, upon notice given as required
| below.
| ARTICLE XIII.
| This corporation does hereby appoint VIM.
! j. Mitchell of Mowry, Arizona, who has been
| a bona fide resident of the State of Arizona
| for at least three years, its lawful agent in
| and for the State of Arizona, for and in
| behalf of said company, to accept and ac-
knowledge service of, and upon whom may be
| served all necessary process, or processes, in
| any action, suit or proceeding that may be
had or brought against said company in any