Mohave County miner and our mineral wealth., 1920-09-11
LEGAL NOTICES

fully paid and said stock shall be for ever non-assessable. In the absence of l actual fraud in the transaction the de Termination of the Board of Directors as to the value of any property, right services. benefit, option or things ac- | qulred Tn exchange for stock, shall be l conclusive.
 ARTICLE FIVE: The time of the 1 commencement of this corporation shall ! be the date of the issuance of a Certif icate of Incorporation by the Arizona 1 Corporation Commission, and the ter mlnaton thereof shall be twenty-five 1 years thereafter, with privilege of re neWal as provided by law. ARTICLE SIX: The management | ana control of the business, property and affairs of the corporation shall be I vested in a Board of Directors, con than nine members, who shall be elect ed by the stockholders of record, from among their own number at the regular annual meeting of the stockholders. which meeting shall be held at the prin- Glpal office of the company on the third Tuesday in May of each year. and the said Directors so elected shall hold of- ice until the next annual meeting of the stockholders or until their success i, sors are elected and qualified, any va cancy which may occur in said Board or Directors, whether caused by death, reslgnatIon or otherwise, shall be fill ed by election by the remaining mem bers of the Board of Directors from among the stockholders of record. Sail Board Of Directors shall have the pow CT, without the assent or vote of the stockholders, to make, alter and amend By Laws, and to make and establish all rules and regulations necessary for the conduct of the business and affairs Of the corporation, not inconsistent with law or these Articles of Incorpor- ation.
 With the consent in writing, or pur- suant to the vote of the holders of a ma tOritV of the iSSnah ttcto ing stock of the corporation, said Board of Directors shall have the power to sell assign, transfer, convey lease or portion of the property of the corpora tion.
 The first Board of Directors shall be as convenient after filing theseyArticles of Incorporation with the Arizona Cor poration Commission, and said Board so selected shall hold office until the first an1hal meeting of the stockholders or until their successors are elected and qualified.
 ARTICLE SEVEN: The officers of the corporation shall consist of Pres Secretary and a Treasurer, and where the duties thereof are not inconsistent more than one of said offices may be held by the same person. Said officers rectors at the regular annual meeting of said Board, which meeting shall be held immediately following the adjourn ment of the annual meeting of the stockholders, and the President and Vice President shall be from among their own number. The Board of Directors shall have power to appoint such other and additional officers and such com mittees as it may deem necessary, either as provided by the By Laws or by Res olution, to hold office at the pleasure of said Board, and whose duties and com pensation shall be provided by said Board of Directors.
 The first officers shall be selected by the Board of Directors named by the incorporators. and shall hold office until the first annual meeting of said Board of Directors, or until their sue cessors T,l are eleeted ste I,a and qualified amount of indebtedness or liability to which this corporation shall at any time subject itself is the sum of SIXTY FIVE THOUSAND DOLLARS.
 ARTICLE NINE: The private prop ation shall be and is hereby made for ever exempt from any and all liability for the debts of the corporation.
 ARTICLE TEN: These Articles of Incorporation may be amended, repealed or altered by majority vote of the ls- sued and outstanding stock Of the cor of the stockholders or at any special meeting thereof called for that purpose
 IN WITNESS WHEREOF, we have hereunto set our hands and seals this lEt INN'itN -lIlt'l OI
 J. s. WITHERS (Seal) ,
 C. w. HERNDON (SeaD STATE OF ARIZONA,
 County of Mohave-ss.
 THIS INSTRUMENT was acknow- ledged before me this twenty fifth day of August, 1920, by J. s. Withers and c. W. Herndon.
 My commission e-pires Dec. IT, 1923.
 (Seab J. H. ROSENBERG,
 Notary Public First insertion Aug. 2S.
 Last insertion Oct. 2.