Mohave County miner and our mineral wealth., 1919-05-31
LEGAL NOTICES

issued in exchange therefor, shall there. upon and thereby be and become full paid the same as though paid for in cash at par, and shall be forever non. assessable. The judgment of the Board of Directors as to the value of the prop erty, right or thing acquired in eX- change for capital stock shall be con- 1 elusive, in the absence of actual fraud.
 ARTICLE FIVE: The time of the commencement of this corporation shall be the date upon which a Certificate of ! Incorporation is issued by the Arizona Corporation, and the termination there of shall be twenty-five years therea fter, with privilege of renewal as provided | by law.
 | ARTICLE SIX: The management and control of the business, property and affairs of the corporation shall be | vested in Board of Directors consist 1 ing of not less than five nor more than seven members, who shall be elected from among the stockholders of record at the regular annual meeting of the stockholders, which said annual meeting shall be held at the principal office of the corporation on the first Tuesday in April of each year, and said Direc- tors so elected shall hold office until the next annual meeting of the stock holders or until their successors are el- ected and qualified. Said Board of Di- rectors shall have power to establish By Laws and make and adopt all rules and regulations necessary or proper for the conduct and management of the af- fairs of the corporations and the con- trol and management of the business with law or these Articles of Incorpor- ation. Vacancies occurring in said Board of Directors shall be filled in the manner provided by the By Laws.
 As soon as convenient after the or ganization of the corporation the first Board of Directors to hold office until the first meeting of the stockholders in the year 1920, or until their successors are elected and qualified shall be sell ected by the incOrporators.
 ARTICLE SEVEN: The officers of the corporation shall consist of a Pres- icent one or more Vice Presidents, a Secretary and Treasurer, and more than one of said offices. whose duties are not inconsistent, may be held by the same person, together with such other and additional officers as may he deemed necessary and convenient and provided for by the Board of Directors. The President and Vice President shall be elected by the Board of Directors from among their own number, and the Secretary and Treasurer shall be elect ed by said Board at the regular annual meeting of the Board of Directors which shall be held as soon as practicable af- ter the adjournment of the regular an- nual meeting of the stockholders; all said officers shall hold office for one year or until their successors are elect ed and qualified. Such officers as may be provided for by the Directors shall hold office at the pleasure of said Board who shall also prescribe the dut- ies. qualifications and compensation of such officers.
 The Board of Directors selected by the incorporators shall select the off cers of the corporation to serve until the first annual meeting of said Board of Directors, or until their successors are elected and qualified
 ARTICLE EIGHT: The highest | amount of indebtedness or liability, di- In yvhi poration shall at any time subject itself | AND FIFTY THOUSAND | 
 ARTICLE TEN: The private proper ty of the stockholders of this corpora ton shall be and is hereby made for- ever exempt from and any and all lia- bility for the corporate debts.
 ARTICLE TEN: These Articles of may be amended by the . vote of a majority of the outstanding stock at any regular annual meeting of the stock holders, or any special meet ing thereof called for that purpose.
 IN WITNESS WHEREOF, we have hereunto set our hands and seals this twelfth day of May, A. D. 1919.
 J. c. RANKIN (Seal
 A. w. HENNING' tSeaD
 c. w. HERNDON (SeaD STATE OF ARIZONA,
 County of Mohave-ss.
 THIS, INSTRUMENT was acknow- edged before me this 18th day of May, L919, by J. C. Rankin, A. w. Henning md C. w. Herndon.