Mohave County miner and our mineral wealth., 1920-07-17
LEGAL NOTICE

States and the State of Arizona.
 ARTICLE p n;,I FOL FOUR; The The amount amount e,
 shall be TWO HUNDRED AND FIFTY
 THOUSAND DOLLARS, divided irt'
 one million shares of the par value O. | Twenty-Five Cents each and the san'
 when issued, shall be fully paid ans forever non-aSseSSable. Said stool
 shall be issued at such times. and upor
 such terms and conditions as may bt
 provided by the Board of Directors, an(
 same may be exchanged for mines, min
 ing, claims or for any other, property
 real or personal. or for benefits accru- 1 ing or services rendered to the corpora
 tion, in any manner or form whatso
 ever, and all shares of capital stock SC
 issued in exchange therefor shall there
 by and thereupon become fully paid, and
 stock shall be forever non-asacssable
 In the absence of actual franl in the
 transaction the determination of the Board of Directors as to the value of any property, right, services. benefit op- | tion or thing acquired in exchange for capital stock shall be conclusive in the | absence of actual fraud.
 ARTICLE FIVE: The time of the commencement of this corporation shall be the date of issuance of Certificate of incorporation by the ARIZONA COR imitation thereof twenty-five years thereafter, with privileges 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 a Board of Directors consist ing of five members, who shall be elect ed by the stockholders of record from among their own number at the annual meeting of the stockholders, which an nual meeting shall be held at the prin- cipal office of the corporation on the last Thursday in April of each year, and said Directors so elected shall hold office until the next annual meeting of the stockholders, or until their success sors are elected and qualified; any va cancy which may occur in said Board, whether caused by death, resignation or otherwise, shall be filled by election by the remaining members of the Board of Directors from among the stockholders of record. Said Board of Directors shall have the power. without the assent or vote of the stockholders, to make, all ter and amend Bylaws, and to mane any and all rules and regulations nec- essary for the conduct of the affairs Of the corporation. not inconsistent with law or these Articles of Incorporation.
 With the consent in writing, or pur- suant to the vote >of the holders of a majority of the issued and outstanding stock of the corporation, said Board of Directors shall have the power to sell, assign, transfer. convey, lease or other wise dispose of the whole or any DOT tion of the property of the corporation.
 The first Board of Directors of the corporation shall be selected by the in corporators as soon as convenient after the issuance of Certificate of Incorpor- ation. and shall hold office until the first annual meeting of the stockhold- CTS, or until their successors are elect ed and qualified
 ARTICLE SEVEN: The officers of the corporation shall consist of a Pres ident one or more Vice-Presidents, a | Secretary and as Treasurer, and where the duties are not inconsistent more than one of said officers may be held by the same person. Said officers shall | be selected by the Board of Directors at | the regular annual meeting of the | Board which shall be held immediately l following the adjournment of the annual | meeting of the stockholders, and the l President and vice-President shall be from among their own number. The | Board of Directors shall have power to | appoint such other and additional of ficers, and to appoint Advisory Board | necessary, either as provided by the By Laws or by resolution, and all such of- ficers, committees and the said advis- ory board shall hold office at the pleas nre of and their duties and compensa.. ton shall be provide by said Board of Directors. The officers above designat- ed shall hold office for one year or un- Ill their successors are elected and quai- Tied.
 ARTICLE EIGHT: The highest mount of indebtedness or liability, d. 'ect or contingent. to which this corpor- ,tion shall at any time subject itself s the sum of ONE HUNDRED AND FIFTY THOUSAND DOLLARS
 ARTICLE NINE: The private prop .rty of the stockholders of this corpor- ltion shall be and is hereby made for ,ver exempt from any and all liability 'or the dei'ts of the Corporation.
 ARTICLE TEN: These Articles of may be amended by a ma ority vote of the issued and outstand- ng stock of the corporation, at any 'egular meeting of the stockholders or tt any special meeting thereof called for hat pur pose.
 IN WITNESS WHEREOF, we have lereunto set our hands and seals this he 18th day of June. 1920.
 F. c. BRADSHAW (SeaD
 c. W. HERNDON (SeaD STATE, OF ARIZONA.
 County of Mohave-ss.