Mohave County miner and our mineral wealth., 1920-03-06
LEGAL ADVERTISING

borrow money and to issue bonds, notes debentures and other evidence of indeb tedness and secure the payment of the same by mortgage, deed of trust or oth- erwise; to act as agent, trustee, broker or in any other fiduciary capacity; and in general to do and perform such acts and things and transact such business Tn connection with the foregoing objects, not inconsistent with law, in any part of the world, as the board of directors may deem to the advantage of the cor poration.
 z. The foregoing clauses shall be con strued both as objects and powers, and it is hereby expressly provided that the foregoing enumeration of specific pow CTS shall not 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 THOUSAND ($30O,000) DOLLARS, dl- vided into Three Hundred Thousand (300,00O) shares, of the par value of One ($1.00) Dollar per share, which shal! 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-
  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 Certificate of Incorporation by the A Rt<,. T<,r,a --tN n nd 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.
 l. In furtherance, and not in limita- ton, of the power conferred by statute, the affairs of the corporation shall be conducted by board of directors, coh- 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 quali- fled, the following named persons shall oe the directors of the company: NJ. c. Cleveland, I. c. Stricker, John H. Con- Arizona: Provided, however, that at the first meeting of the stockholders, or at my adjourned meeting thereof, a new board of directors may be elected, to be of not less than three (3), nor nore than eleven CID members, as the shall determine, who shall serve until the first annual meeting of he stockholders, and until their success 'ors are elected and have qualified.
 2. The stockholders at each annual meeting thereof shall by resolution fix he number of directors at not less than hree (3), nor more than eleven CID members, to serve for the ensuing year, md shall elect the number of directors 70 fixed in said resolution. Any vacan- ies occurring in the board of lirectors hall be filled by the remaining direc- ors. 3. The annual meeting of the stock folders shall be held on the first Tues lay in April of each year, commencing with the year One Thousand Nine Hun red and Twenty (1920). 1. The board of directors shall an- lually elect a president, a vice-presi- ent a secretary and treasurer from heir number: Provided, that the off ers of secretary and treasurer may be eld by the same person. The board of irectors may provide for other offices han those above mentioned, who may or nay not be stockholders of the company, | s the board of directors may deter nine. 5. Until their successors shall have | been elected and have qualified, the | following named persons shall be the | fficers of the company: JOHN H. CONWAY, President,
 I. c. STACKER, Vice-President,
 M. c. CLEVELAND, Secretary and | 'reasurer. 6. The Board of Directors shall have ower to adopt, amend and repeal by | avs for the government of the corpor- tion.
 ARTICLE VIII.
 The highest amount of indebtedness | r liability, direct or contingent, to mich this corporation shall at any time | ubject itself, shall be TWO HUNDRED THOUSAND DOLLARS l$2oo,Ooo).
 ARTICLE TX.
 The private property of the stockhold- rs and officers of the corporation shall e, and is hereby made, forever exempt rom any and all corporate debts of any ind whatsoever, and from any and all abilities therefor.
 ARTICLE x.
 This cooperation does hereby appoint ARL G. KROOK, of Kingman, Arizona, 'ho has been a bona fide resident of .rizona for at least three years, it's awful agent in and for the State of for and in behalf of said com any, to accept and acknowledge service f, and upon whom may be served, all ecessary process or processes in any ct1on, suit or proceeding that may be ad or brought against the said com any in any of the courts of said State Arizona such service of process or otice, or the acceptance thereof by said gent endorsed thereon. to have the ame force and effect as if served up- n the president and secretary of said ompany, such appointment to remain in Ill force and effect until the board of lrectors has duly appointed his success )r.
 IN WITNESS WHEREOF, we have ereunto set our hands and seals this I'd day of February, 1920.
 JOHN H. CONWAY (SeaD
 I. c. STACKER (SeaD
 M. c. CLEVELAND (SeaD