Mohave County miner and our mineral wealth., 1921-12-30

of other stock of other corporations
 owned by it the same as natura
 person might do;
 To borrow and loan money, and tC
 issue bonds, notes, debentures ana
 other evidences of indebtedness, and secure the payment of same by mort
 gage, deed of trust or otherwise;
 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 in connection with the fore
 going objects, not inconsistent with
 law, in any part of the world, 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,-
 500,000.00), divided into 1,500,000
 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 a 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 corporation shall be conducted by Board of Directors consisting of not less than three nor more than five stockholders of record, who shall be elected annually, 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 qualified, unless they shall, in the meantime, cease to be stockholders in this corporation, and any person teasing to be stock holder in this corporation shall cease to be Director or officer of the same;
 The first Board of Directors shall be selected by the incorporators as soon as convenient after the filing of these Articles of Incorporation with ,he Arizona Corporation Commission and they shall hold office until the first 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, or otherwise, shall be filled by election by the remaining members of the Board of Directors, from among the stockholders of record.
 Said Board of Directors shall have he power, without the assent or vote 'f the stockholders, to make, alter and amend 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- suant to the vote of the holders of a majority of the issued and outstand- ng stock of the corporation, said Board of Directors shall have the power to sell, assign, transfer, con- 7ey, lease or otherwise dispose of the whole or any portion of the property ,f the corporation.
 ARTICLE VII. The officers of the corporation shall consist of 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 selected by the Board of Di- 'ectors at the regular annual meeting # said Board, which meeting shall be leld immediately following the ad- ournment of the annual meeting of he stockholders, and the President md Vice Presidents shall be from Imong their own number.
 The Board of Directors shall have he power to appoint such other and additional officers and such commit ees as it may deem necessary, either $ provided by the Bylaws or by all to hold office at the leasure of the Board of Directors, and I I