Mohave County miner and our mineral wealth., 1921-12-09

corporations, and to vote any share
 of other stock of other corporation
 owned by it the same as a natura
 percon might do;
 To borrow and loan money, and tC
 issue bonds, notes, debentures ant
 other evidences of indebtedness, anC
 secure the payment of same by mort
 gage, deed of trust or otherwise; To act as agent, trustee, broker ol in any other fiduciary capacity;
 And in general to do and perform
 such acts and things and transact such
 business in connection with the fore
 :! oing objects, not inconsistent with
 law, in any part of the wor d, as the
 Board of Directors may deem to the
 advantage of the corporation.
 ARTICLE ". The capital stock of
 the corporation shall be one million five hundred thousand dollars ($1,- 5C0,000.00), divided into 1,500,00O shares of the par value of one dollar
 ($1.00) each, which shall be paid in at such times as the Board of Direc- tors may designate, in cash, real or personal property, services, lease, op- tion to purchase, or any other valu- able 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 fully paid the same as though paid for in cash at par, and shall be non-assessable forever, and the judgment of the Di- rectors as to the value of any prop erty, right or thing acquired in ex- change for capital stock shall be con elusive.
 ARTICLE V. The commencement of the corporation shall be the date of the issuance to it of certificate of incorporation by the Arizona Cor poration Commission, and it shall en- dure for the full term of twenty-five years thereafter, with privilege of perpetual succession as provided by statute.
 ARTICLE VI. The affairs of the shall be conducted by Board of Directors consisting of not less than three nor more than five stockholders of record, who shall be elected annua ly, by the stockholders, on the fourth Monday in May each year, at the principal office of the and the said Directors so elected shall hold office for the term of one year from the date of their election or until their successors shall be duly elected and qua flied, unless they shall, in the meantime, cease to be stockholders in this corporation, and any person ceasing to be stock holder in this corporation shall cease % be a Director or officer of the same;
 The first Board of Directors shall De selected by the incorporators as soon as convenient after the filing of | ;hese Articles of Incorporation with he Arizona Corporation Commission md they shall hold office until the :irst annual meeting of the stock holders, or until their successors are elected and qualified Any vacancy which may occur in said Board of | Directions, whether caused by death, resignation or otherwise, shall be filed by election by the remaining members of the Board of Directors, rom among the stockholders of 'ecord.
 Said Board of Directors shall have he power, without the assent or vote ,f the stockholders, to make, alter and | lmend Bylaws, and to make and es- ablish any and all rules and regu- ations necessary for the conduct of | he affairs of the corporation, not in law or with these Articles of Incorporation.
 With the consent in writing, or pur- uant to the vote of the holders of a of the issued and outstand- i ng stock of the corporation, said l Board of Directors shall have the 1 power to sell, assign, transfer, con- 'ey, lease or otherwise dispose of the whole or any portion of the property if the corporation.
 ARTICLE VII. The officers of the corporation shall consist of a Presi- lent, one or more Vice Presidents, a Secretary and a Treasurer, and where he duties are not inconsistent more han one of said offices may be held y the same person. Said officers hall be SC ected by the Board of Di- ectors at the regular annual meeting f said Board, which meeting shall be eld immediately following the ad- ournment of the annual meeting of he stockholders, and the President nd Vice Presidents shall be from mong their own number.
 The Board of Directors shall have he power to appoint such other and dditional officers and such commit ees as it may deem necessary, either S provided by the Bylaws or by all to hold office at the