Mohave County miner and our mineral wealth., 1921-02-25

and reduction works for smelting, re- ducing and developing all kinds of ores, and mineral deposits, to buy, sell, own and acquire in any way, and mort gage all kinds of real and personal property; to locate, buy own, sell and develop all water rights, water loca- tions, mining and irrigating ditches and canals and mill sites; to locate and acquire title to and own and inn prove townsites and towns and to ded- icate streets, parks and alleys in the same; to buy, erect, own operate and control and lease all kinds of tram ways operated by steam or any mo- tive power; to buy, own, acquire, sell and hypothecate the shares of stock of other corporations; to act as pledg- es, trustee, assignee or receiver; to To- cate, own, lease or otherwise acquire oil lands or oil claims and work, de- velop and improve the same, and to bore for, pipe, sell and store all kinds of oil and all other minerals and chem icals; to acquire, own and operate all kinds of stages and stage lines and freighting outfits; to acquire, own, lease and operate all kinds of gas and electric works, and to buy and sell the products of the same; to acquire, own and operate stores for dealing in all kinds of merchandise; and gen. erally to conduct any business afore- said, either within or without the State of Arizona, at any place in the United States of America, or in any foreign country.
 W.
 That the amount of the capital stock of said corporation shall be One Million Five Hundred Thousand Dol lars, divided into One Million Five Hundred Thousand shares, of the par value of One Dollar each, and which stock shall be non-assessable, which shall be paid in at such time as the Board of Directors may designate, in cash, real or personal property, ser- vices, lease, option to purchase or any other valuable 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, and shall be non-as- sessable forever, 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.
 V. The commencement of the Corpora tion shall be the date of the issuance to it of a certificate of incorporation by the Arizona Corporation Commits sion, and it shall endure for the full term of twenty-five years thereafter, with privilege of perpetual succession as provided by statute.
 VI.
 The business of the Corporation shall be conducted by Board of five Directors, who shall be elected from among the stockholders at their an- nual meeting to be held on the third Wednesday of February, of each year. Until the election and qualification of their successors, the following named persons shall be the Directors: John H. Ware, Anson H. Smith, c. D. Wag- ner, c. w. Herndon and J. s. Withers.
 VII.
 The highest amount of indebtedness or liability to which the Corporation may at any time subject itself is One Hundred and Fifty Thousand Dollars.
 VIII.
 The private property of the stock holders of the Corporation shall be forever exempt from it's debts or ob- legations.
 This Corporation does hereby ap- point c. w. Herndon, of Kingman, State of Arizona, bona fide resident of Arizona for the three years last past, its lawful agent in Arizona upon whom all writs and other documents may be served in any action, suit, or proceeding that may be had or uIouSHI dSdlnSt Stlu Colpoldtloll III any court of Arizona, with the same force and effect as if served upon the President and Secretary of said com pany.
 In witness whereof, we hereunto af- fix our hands and seals this 18th day of February, A. D. 1921.
 J. s. WITHERS (SeaD
 Kingman, Arizona.
 ANSON H. SMITH (SeaI
 Kingman, Arizona.
 JOHN H. WARE (Seal)
 Kingman, Arizona.
 c. D. WAGNER (SeaD
 Kingman, Arizona.
 c. w. HERNDON (SeaD
 Kingman, Arizona.