Mohave County miner and our mineral wealth., 1919-04-26
LEGAL NOTICES


 rights, and letters patent.
 6. To enter into, make. perform and carry out contracts of every kind, for any lawful purpose, without lirit as to amount with any person firm asSocia- ton or corporation.
 {. To draw, make, accept, endorse, discount, execute and issue promissory notes, bills of exchange, warrants and other negotiable or transferable instru- ments.
 s. To borrow money and to issue ponds, debentures, or obligations of this corporation from time to time, for any or the objects or purposes of the corpor- atlon, and to secure the same by mort gage, pledge, deed of trust or otherwise.
 2. To purchase, hold and reissue the shares of it's capital stock.
 lo. The foregoing clauses shall be construed both as objects and powers and it is hereby expressly provided that the foregoing enumeration of specific powers shall not be held to limit or re- strict in any manner the powers of this corporation.
 Il. In general, to carry on any other business in connection with the forego- ing, whether manufacturing or other wise, and in general to have and exercise with respect to all things all powers. privileges and immunities conferred up on corporations of this class by the laws of the State of Arizona.
 ARTICLE ".
 The amount of the capital stock of
 
 and Fifty Thousand Dollars (S150,0Oe), divided into One Million Five Hundred Thousand 1,500,0O0) shares of the par value of Ten Cents U0c) per share, and the same, when issued shall be forever fully paid and non-assessable. Said stock shall be issued at such time or times, and upon such terms and condi- tions as may be provided by the Board of Directors, and same may be exchang- ed for mines, mining. claims, or for any other property, real or personal, or for benefits accruing or for services rem dered to the corporation, in any manner or form whatever as the Board of Di- rectors may determine, and in the ab- Sence of actual fraud in the transaction such determination of the Board of Di- rectors shall be final.
 ARTICLE V. The time of the commencement of this corporation shall be the day upon which certified copy of these articles of incorporation from the Arizona Cor poration Commission are recorded in the office of the Recorder of Mohave Coun- ty,; Arizona, and the termination thereof shall be twenty-five years thereafter, with privilege of renewal as, provided by law.
 ARTICLE VI.
 The management and control of the business, property and affairs of this corporation shall consist of Board of rot less than three nor more than seven directors, who shall be elected from among the stockholders of record at the regular annual meeting of the Stock holders, which annual meeting shall be held on the second Tuesday in January of each year, and said Directors so ei- ected shall hold office for one year, or until their successors are elected and in such Board of Directors, whether caused by death, resignation, or other wise, shall be filled by election by the remaining members of the said Board CTS of record. Said Board of Directors shall have the power to establish by laws and make all rules and regulations necessary for the conduct and manage ment of the affairs of the corporation. not inconsistent with law or these arti- cles of incorporation. Until the first Annual Meeting of. the Stockholders the following shall constitute the Board of Directors of this corporation: ". R Ridenour, w. H. Raplee, s. D. Martin : T. J. Sparkes and J. H. Townsend.
 ARTICLE VII.
 The officers of this corporation shall consist of a President, Vice-President. a Secretary and Treasurer. both of which last named offices may pc neIe by the same person, together with such other officer or officers as the Board of Directors may from time to time de terynine. The first Board of Directors when selected, shall elect the officers of the corporation. and the President and Vice-President shall be from among their own number. The officers so sell ected shall hold office until the annual Meeting of the Board of Directors cable following the Annual Stockhoid- CTS Meeting and shall thereafter be sel- ected at said Annual Meeting of the Board of Directors and shall hold office for one year, or until their successors are elected and qualified.
 The following named persons shall serve as the officers of the corporation until the first Annual Meeting of the Board of Directors. or until their sue cessors are elected and qualified. to-wit: w. H. Raplee, President; T. J. Sparkes. Vice-President and General Manager; and J. H. Townsend, Secretary and Treasurer.
 ARTICLE VIII. The highest amount of indebtedness or liability, direct or contingent, to which this corporation shall at any time subject itself, is the sum of One Hun dred Thousand C10O,000) Dollars
 ARTICLE TX.
 The private property of the incorpor- ators. stockholders and directors of this corporation shall be and is hereby made forever exempt from any and all Iia- bility for the corporate debts of any kind whatsoever.
 ARTICLE X.
 These Articles of Incorporation may be amended by a majority vote of the outstanding stock of the corporation at any regular meeting or the StOcknoau- CTS, or at any Special Meeting thereof called for that purpose
 ARTICLE XI.
 In furtherance and not in limitation of the powers conferred by statute, the Board of Directors is expressly author ized:
 To make alter, amend and rescind the bylaws of this corporations; to fix the amount to be reserved as working capi- tai; to authorize and cause to be exc cuted mortgages and liens upon the real and personal property of this corpora tion.
 From time to time to determine whether and to what extent, and at what time and place and under what conditions and regulations the accounts and books of this corporation (other than the stock-ledger) or any of them, shall be open to the inspection of the stock holders, and no stockholder shall have any right of inspecting any account or book or document of this corporation except as conferred by statute, or au- thorized by the directors or by a reso- lltion of the stockholders.
 If the bylaws so provide, to designate two or more of their number to consti- tute an Executive Committee, which committee shall for the time being, as provided in said resolution or in the by-