Mohave County miner and our mineral wealth., 1920-02-07

CTS shall mot be held to limit or restrict | in any manner the powers of this cor | poration.
 ARTICLE V.
 The total authorized Capital Stock of this corporation is THREE HUNDRED vided into Three Hundred Thousand | (300,O00 shares, ,sof the par value of One ($1.00) Dollar per share, which shall be paid in at such time as the board of directors may designate, in cash, real | or personal property, lease, option to purchase. services, or any other valu- able right or thing. for the use and pur- poses Of the corporation ,and all shares of the Capital Stock when issued in ex- | change therefor shall thereupon and thereby be and become full-paid the same as though paid for in cash at par, and shall be forever non-aSseSSable, 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.
 ARTICLE VI
 The commencement of the corporation shall be the date of the issuance to it of a Certificate of Incorporation by the Arizona Corporation Commission. and 1t shall endure for the full term of twen- ty-fve (25) years thereafter, with priv ilege of perpetual succession, as provid- ed by statute.
 ARTICLE VII.
 1. In furtherance, and not in limita- tion of the power conferred by statute, the affairs of the corporation shall be conducted by board of directors, col,- sisting of not less than three (3), nor more than eleven GID members, each of whom shall be stockholder of rec ord. Until the first annual meeting of the stockholders, and until their success sors have been elected and have quail fled, the following named persons shall be the directors of the company: M. c. Cleveland, I. c. Stricker, John H. Con- way, whose residences are at Kingman, Arizona: Provided, however, that at the first meeting of the stockholders, or at any adjourned meeting thereof, a new board of directors may be elected, to be composed of not less than three (3), nor more than eleven GID members, as the stockholders shall determine, who shall serve until the first annual meeting of l the stockholders, and until their success l sors are eleYted and have qualified.
 2. The stockholders at each annual meeting thereof shall by resolution fix | the number of directors at not less than three (3), nor more than eleven CID | members, to serve for the ensuing year. | and shall elect the number of directors | so liked in said resolution. Any vacan- | cies occurring in the board of iirectors | shall be filled by the remaining direc- | tors.
 3. The annual meeting of the stock | holders shall be held on the first Tues
 
 with the year One Thousand Nine Hun | dred and Twenty G920).
 4. The board of directors shall an nually elect president, a vice -presi- l their number: Provided, that the off | cers of secretary and treasurer may be held by the same person. The board of | directors may provide for other offices | than those above mentioned, who may or may not be stockholders of the company, as the board of directnrS 6ata mine.
 5. Until their successors shall have been elected and have qualified, the | following named persons shall be the | officers of the company:
 JOHN H. CONWAY, President
 I: c. STRICKER, Vice-President,
 M. C. CLEVELAND, Secretary and | Treasurer. G. The Board of Directors shall have power to adopt amend and repeal by laws for the government of the corpor- ation.
 ARTICLE VIII. The highest amount of indebtedness | or liability, direct or contingent, to which this corporaton shall at any time | subject itself, shall be TWO HUNDRED THOUSAND DOLLARS (s2OO, ,OOO).
 ARTICLE TX.
 The private property of the stockhold- l CTS and officers of the corporation shall be, and is hereby made, forever exempt from any and all corporate debts of any | kind whatsoever, and from any and all | liabilities therefor.
 ARTICLE x.
 This corporation does hereby appoint CARL G. KROOK, of Kingman Arizona, | who has been a bona fide resident of Arizona for at least three wears, it's lawful agent in and for the State of Arizona, for and in behalf of said com | pany, to accept and acknowledge service of and upon whom may be served, all necessary process or processes in any action, suit or proceeding that may be had or brought against the said com pany in any of the courts of said State of Arizona, such service of process or notice, or the acceptance thereof by said agent endorsed thereon. to have the same force and effect as if served up- | on the president and secretary of said company, such appointment to remain in full force and effect until the board of directors has duly appointed his success Sor. IN WITNESS WHEREOF. we 'have | hereunto set our hands and seals this l 3rd day of February. 1920.
 JOHN H. CONWAY (SeaD