Mohave County miner and our mineral wealth., 1920-05-22
LEG AL NOTICES

the first Monday in April, 1921, and an nually thereafter on such date as shall be fixed by the Bylaws of the Cor poration. Until their successors are sl- persons shall be the directors and of ficers as stated: J. H. Daniels, Presi- dent and Director; G. M. Murphy. Vice President and Director; W. Levey, Sec retary, Treasurer and Director.
 ARTICLE VI
 The Directors shall adopt Bylaws for the government of the corporation and may amend the same. They shall have power to fill vacancies occurring in the Board from any cause and to ap- point from among their number an Exc cutiVe Committee which, to the extent provided by resolution or by the said Bylaws, shall have and exercise the powers granted the Directors by these Articles.
 ARTICLE VII
 The Directors may at any time by res olution levy and collect assessments up- on all of the subscribed capital stock for the purpose of paying expenses, con- ducting business or retiring debts, or for any other purpose which they may deem proper. No one assessment shall exceed twenty (20) per cent of the amount of the authorized capital stock. The Bylaws of the Corporation or, in the absence of any Bylaws covering or limiting any matter, action, or pro- cedure in connection herewith, then the Resolution of the Board of Directors shall provide for and define the manner and form in which the Directors shall levy and collect assessments. In the event any stock shall be sold by or un- der direction of the Directors as a means for the collection of any unpaid any assessment levied by the Directors on such stock, the Directors shall cause the name of the purchaser to be regis- tered as the owner of such stock upon the books and records of this company and thereafter, regardless of any irreg- ularity or insufficiency in the proceed ings for the sale of such stock or the misapplication by any person of the funds received from such sale, the valid- ity of such sale shall not be impeached by any person and the sole action for any person aggrieved by the sale shall be for damages only and against the company exclusively.
 ARTICLE VIII. With the assent in writing of the holders of the majority of all the capital stock of the corporation issued and out standing, or pursuant to the votes given in person or by proxy, by stockholders holding at least a majority of the is- sued and outstanding stock of the cor poration which is represented and voted upon in person or by proxy at meet ing specially called for that purpose or at an annual meeting, the Directors shall have power and authority to sell. as-
 
 pose of,the property and assets of the corporation as an entirety or going con- cern on such terms and conditions as the Directors shall deem fit, right and just, either for cash or bonds, or shares of capital stock of any corporation or corporations, or for any kind of species of property or obligation or securities. ARTICLE XI.
 The highest amount of indebtedness or liability to which the corporation is at any time to subject itself is One Hundred Thousand Dollars ($100, ,000.00.) ARTICLE X
 The private property of the stock holders of the corporation shall be for ever exempt from corporate debts of any kind whatsoever.
 ARTICLE XI.
 This corporation hereby appoints, au- whose address is Kingman, Arizona, and who has been a resident of the State of Arizona for at least three (3) years, its agent upon whom all notices and processes, including service of sum- mons may be served in any action, suit or proceeding that may be had or brought against this company in any of the Courts of the State of Arizona This agency shall remain in fun force and effect until notice of appointment of a different agent shall have been filed with the Arizona Corporation Commis- sion,and upon the filing of any such designation of a different agent the agency hereby created shall be revoked.
 INWITNESS WHEREOF, We hereto affix our signatures this 18th day of April, 1920.
 G. M. MURPHY, (SeaD