Mohave County miner and our mineral wealth., 1920-05-08

cli lands, timber lands. and, o waik. explore and develop the same. and to ex- tract any and all minerals, oils. gas, water. timber; or other substances of deal in the products and by-products thereof.
 3. To erect, own, construct or ac- quire by lease, purchase. contract or otherwise. and to maintain and operate smelters, reduction works. or other treatment concentration. refining or of ores, minerals, mineral pro ducts of any kind whatsoever. pipe lin es, ditches, fumes or other devices for the conveyance or transportation or oil or water. oil refineries, saw mills, lum- tion in any manner of lumber or it's by products, also plants for the develop ment or utilization of water, steam or electric power.
 3. To issue shares of stock. deben- ture stock, notes. bonds or other obli- gations and to secure the payment of the same by mortgage, deed of trust. or otherwise. and to invest in and hold sell, or otherwise dispose of and deliver any stock, shares, bonds, debentures and securities of any government. state. corporation, public or private, or other corporate body. To act as agent or broker in connection herewith.
 4. To purchase, or otherwise acquire the good will. property rights, assets and liabilities of any person. firm or cash. stocks and bonds of the corpor- ation, and the judgment of the Directors as to the value of any property, right or thing acquired in exchange for capital stock shall be conclusive; and to sell any or all of the assets of this corporation except it's corporation franchise, for cash, or stocks or bonds of any other corporation. and the judgment of the Directors both in authorizing and direc- ting the sale of any or all such assets, and sufficiency of any consideration re- ceived in payment therefor shall be con- elusive.
 5. To do a manufacturing, mercantile and commercial business in all of the branches thereof; to manufacture. pre- chase or otherwise acquire, own, sell. assign, or otherwise transfer and convey, trade in and deal in and with lumber and any or all products made from wood. hardware. machinery. tools. fixtures, and or metals OF co oonstituent @ T parts ra thereof, hereof household goods, and wares and mer chandise of everykind. class, variety and description.
 6. To purchase. erect, construct, remove or improve mills fac- tories. storehouses, buildings. roads. in-
 
 ways. irrigation systems, pipe lines and power plants, piers, docks. wharves, fac tory houses. plants and works of all kinds and descriptions.
 z. To acquire in any manner, own, control, and in any manner dispose of inventions and letters patent; to acquire in any manner, own. control, cancel, and reissue shares of its own capital stock, and to own shares of stock in any other corporation and vote or grant proxies n hn tfnp nf any cto k,> same as natural person might or could do.
 5. And in general to do such acts and and transact such business not inconsistent with the spirit and pur- poses of it's articles, or in violation of the United States in which the com pany is engaged in business, as the Board of Directors may deem to the ad- vantage of the corporation, provided, however, that this corporation shall not engage in business as public service 
 ARTICLE III.
 The amount of the authorized capital stock of the corporation is Two Million Dollars ($2.000.000), divided into two million (2.900,000) shares of the par value of One Dollar ($1.0O) each, which shall be paid in at such times as the Board of Directors may designate, in IyB lease. option to purchase, or other val uable right or thing, for the uses and purposes of the corporation, and all shares of capital stock, when issued in exchange therefor, shall thereupon and thereby become and be full-paid the same as though paid for in cash at par md shall be non-assessable forever, and the judgment of the Directors as to the value of any property. right or thing acQuired ip exchange for capital stock shall be conclusive.
 ARTICLE W.
 The time of the commencement of the corporation shall be the day these Ar :icles are filed in accordance with law and the termination thereof shall be wenty-five (25) years thereafter, with 1 privilege of renewal and right of per- ,etual succession as now provided by aw.
 ARTICLE V.
 fhe affa1rs of this corporation shall | ,s conducted by Board of not less l han three (3) nor more than nine (s) | Directors, 2i Snrs, by whom a President and secretary and Treasurer appointed. The Directors shall be elected by and from .mong the stockholders on the first Monday in April. 1921, and annually hereafter on such date as shall be fixed Il their successors are elected and qual- fled. the following named persons shall e the directors and officers as stated: :! H. Daniels. President and Director; !. M. Murphy, Vice-President and Direc- or; V. Levey, Secretary, Treasurer and Director.
 ARTICLE VI.
 The Directors shall adopt, Bylaws or the government of the corporation nd may amend the same They shall ave power to fill vacancies occurring in he Board from any cause, and to ap- oint from among their number an Ex- cutive Committee which, to the extent royided by resolution or by the said 'y-Laws, shall have and exercise the overs granted the Directors by these .rtioles.
 ARTICLE VII.
 The highest amount of indebtedness 2 liability to which the corporation is any time to subject itself is One [illion Dollars ($1, 1000. .000.00).
 ARTICLE VIII.
 The private property of the stock olders of the corporation shall be for yer exempt from corporate debts of any , ind whatsoever.
 ARTICLE Tx. e This corporation hereby appoints, au- / lorizes and empowers c. W. Herndon, hose address is Kingman, Arizona. and ( ho has been a resident of the State of [ rizona for at least three (3) years, l s agent upon whom all notices , Id processes. including service of sum s OnS may be served in any action autt