Arizona republican., 1919-10-29
Legal Advertising

 ing called for such purpose, estab- fish other and different places for | holding the meetings of stockholders | and directors.
 ARTICLE II
 The general nature of the business proposed to be transacted shall be as follows: The purchase, acquisition and sale of silver and other mines and mining property; the working, opera ton and maintenance of same; the holding, purchase and selling of real estate useful or convenient for the purpose of it's business and the mort gazing 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 tion 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 or other securities of other companies, corporations or individuals, and in general, to do and perform any or all acts and things necessary and inci- dental to the objects aforesaid, or in anywise connected herewith.
 ARTICLE III
 The authorized capital stock of this corporation shall be and is one mill lion five hundred thousand 1,500, ,000) shares, of the par value of one ($1.00) dollar per share. Each share of stock when issued shall be first fully paid for in cash, or it's cash equivalent in services or property, and the Board of Directors is hereby given authority to fix the value of such services or property, and in the absence of fraud, the value so fixed by said board shall be conclusive; each share of stock when so issued shall, thereafter, be non -assessable.
 e ARTICLE " The time of the commencement of this corporation shall be the date when the Articles of Incorporation are | filed for record in the office of the l Corporation Commission and certified ! copy thereof recorded in the office of the recorder of Maricopa county, State l of Arizona and the termination thereof shall be twenty-five years from the | date when the said certified copy is so recorded.
 ARTICLE V The affairs of this corporation shall | be conducted by the Board of Direc- ! tors of not less than five (5) nor more than nine (9), who shall serve for a period of one CD year, or until their successors are elected and qualified Each director shall be a stockholdeI of this corporation, and the member ship of said board may be increased, as hereinabove provided, at any regular meeting of stockholders or at any spe- cial meeting called for this purpose.
 The first annual meeting of stock holders for the election of directors and the transaction of such other busi- ness as may properly come before il shall be held on the 18th day of Janu- ary, 1920, and said annual meeting shall, thereafter, be held on the sam, day of each succeeding year. The Board of Directors is hereby given power to fill all vacancies il said board caused by resignation ol 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 o at least one share of the capital stocl of this corporation, shall constitute tn Board of Directors:
 GUY GAMBLE,
 w. S. SALTER, R. H. EMERY,
 ARTHUR LUHRS,
 o. +. BEUTKE. The following named persons sha be and are hereby designated as of ficers of this corporation, who sha . hold office until their successors hay : been chosen. namely:
 n GUY GAMBLE, President. W. S. SALTER, Vice. president. . R. H. EMERY, Secretary and Treas T urer
 Until the bylaws have been adopte such board shall be convened upon Il call of the president, given either l personal notice, or by written notic e deposited in the United States pos . office, addressed to each member, n least three (3) days before any sut S meeting shall be held. Until otherwi d provided by the bylaws, three = members shall constitute a quorum e transact business.
 ', ARTICLE VI y The highest amount of indebtedne or liability direct or contingent, h which this corporation shall at al time subject itself, shall in no ca exceed two-thirds (2-3) of the a thorized capital stock.
 ARTICLE VII
 The private property of stoc n holders of this corporation shall o exempt from liability for the payne ,- of corporate debts.
 m IN WITNESS WHEREOF the inco le porators have hereunto set their han ,e and seals this 2Sth day of o X, tober, 1919.
 " GUY GAMBLE,
 W. s. SALTER, If R. H. EMERY,
 ARTHUR LUHRS,
 o. F. BEUTKE.
 STATE OF ARIZONA ) County of Maricopa, ) " " On this day, before me, Helen A.