Mohave County miner and our mineral wealth., 1921-09-30

as tIlt DOdIu Ol DlTeCtoIS Llhy uSCHl ol advantage to the Corporation to pursue.
 ARTICLE III. The capital stock of this corporation shall be Five Hundred Thousand Dollars, divided into Fifty Thousand shares, of the par value of Ten Dollars per share; such Capital stock may be issued at such times as the Board of Directors may designate, either for cash, or real or personal property, or services, or lease, or option to purchase, or any other valuable right or thing, for the use and purposes of the Corporation, and all shares of Capital Stock so is- sued, shall thereupon and thereby be- come and be full paid, the same as though paid for in cash at par, and shall be non-assessable forever, and the judgment of the Directors as to the value of any property, right or thing acquired in exchange for Capi- tai Stock shall be conclusive, in the absence of actual fraud, in the trans action.
 ARTICLE W. The time of the commencement of this Corporation shall be the date of the issuance to 1t of a certain Certificate of 1ncorpora- tion by the Arizona Corporation Con- mission, and it shall endure for the full term of Twenty-Five years there after, with privileges of perpetual suc- | o, ,,rou;JaJ b1y 1ow
 ARTICLE V. The affairs of the Corporation shall be conducted by a Board of Directors, consisting of not less than Three nor more than Seven members, by whom President, a Vice President, Secretary and Treas urer, shall be elected. from among the stockholders; provided, that, the off ces of Secretary and Treasurer may be held by the same person.
 The Board of Directors may from time to time appoint such other off cers and agents as to them may seem meet and proper. The Directors shall be elected by and from among the stockholders, at their annual meeting
 to be held on the second Monday of
 January in each year and shall hold
 office for one year and until theil successors have been elected and have
 qualified; provided that, the first an
 nual meeting of the Stockholders o1
 said corporation shall be held on the
 second Monday of January of the veal
 1922, and until the first annual meet ing to be held as above designated
 and until their successors have beer elected and qualified, the following named persons shall be the officer' and directors as stated:
 Charles H. Burlock, President, , Wm. H. Holcomb, Vice President, . M. K. Holcomb, Secretary ant Treasurer.
 ' ARTICLE VI. The Directors shal l have the power to adopt, amend an' - rescind By Laws, to fill vacancies oc curing in the Board from any cause l and to appoint from their own mum Der an Executive Committee of Two
 and vest said Committee with all thu
 powers granted the Directors by thes' Articles.
 Z ARTICLE VII. The highes amount of indebtedness or liabilit! to which the Corporation may at an! one time subject itself is Two Hundred
 Thousand Dollars.
 | ARTICLE VIII. The private prop
 erty of the stockholders of the Cor poration shall be forever exempt iron the debts or obligations of this Cor
 poration.
 ARTICLE TX. These Articles o1
 Incorporation may be amended by 2
 majority vote of the outstanding stock of the Corporation at any regular ' meeting of the Stockholders, or al any Special meeting of the Stock
 holders called for that purpose. IN WITNESS WHEREOF, we have hereunto set our hands and seals this 18th day of August, A. D. 1921.
 VIM. H. HOLCOMB (SeaD M K. HOLCOMB (SeaD