Mohave County miner and our mineral wealth., 1921-03-04
LEGAL NOTICE

for any property, real, personal or mixed, for property rights or licen- ses, or for benefits accruing or ser vices rendered to the corporation, in T any manner or form whatsoever, and all shares of capital stock so issued in exchange therefor shall thereupon and thereby become fully paid, and said stock shall be forever non-assess- able. In the absence of actual fraud in the transaction, the determination of the Board of Directors as to the value of any property, right, services, benefit, option or things acquired in exchange for stock, shall be conclu- sive.
 Article Five: The time of the com mencement of this corporation shall be the date of the issuance of a Ger tificate of Incorporation by the Ari- zona Corporation Commission, and the termination thereof shall be twenty five years thereafter, with privilege of renewal as provided by law.
 Article Six: The management and control of the business, property and affairs of the corporation shall be vested in Board of Directors, con- sisting of not less than three nor more than five members, who shall be elect ed by the stockholders of record, from among their own number, at the reg ular annual meeting of the stockhold- CTS, which meeting shall be held at the principal office of the company on the second Tuesday in January of each year, and the said Directors so elect ed shall hold office until the next an- nual meeting of the stockholders, or until their successors are elected and qualified; any vacancy which may oc- cur in said Board of Directors, wheth- CT caused by death, resignation 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 the power, without the assent or vote of the stockholders, to make, alter and amend the Bylaws, and to make and establish all rules and regulations necessary for the conduct of the busi- ness and affairs of the corporation, not inconsistent with law or 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- ing stock of the corporation, said Board of Directors shall have the power to sell, assign, transfer, con- vey, lease or otherwise dispose of the whole or any portion of the property of the corporation.
 The first Board of Directors shall be selected by the incorporators as soon as convenient after filing these Articles of Incorporation with the Arizona Corporation Commission, and said Board so selected shall hold of flee until the first annual meeting of the stockholders or until their sue cessors are elected and qualified.
 Article Seven: The officers of the corporation shall consist of Presi- dent, one or more Vice-Presidents, a Secretary and Treasurer, and where. the duties thereof are not inconsistent more than one of said offices may be held by the same person. Said off cers shall be selected by the Board of Directors at the regular annual meet ing of said Board, which meeting shall be held immediately following the ad- journment of the annual meeting of the stockholders and the President and Vice-President shall be from among their own number. The Board of Directors shall have the power to appoint such other and additional off, ficers and such committees as it may deem necessary, either as provided by the Bylaws or by Resolution, to hold office at the pleasure of said Board, and whose duties and compensation shall be provided by said Board of Di- rectors.
 The first officers shall be selected i by the Board of Directors named by the incorporators, and shall hold of flee until the first annual meeting of said Board of Directors, or until their successors are elected and qualified.
 Article Eight: The highest amount of indebtedness or liability to which this corporation shall at any time sub ject itself is the sum of Three Hun dred Thirty Thousand Dollars.
 Article Nine: The private property of the stockholders of this corpartion shall be and is hereby made forever exempt from any and alb liability for the debts of the corporation.
 Article Ten: These Articles of In corporation may be amended, repeal ed, or altered by a majority vote of the issued and outstanding stock of the corporation, at any regular annual meeting of the stockholders, or at any special meeting thereof called for that purpose.
 In Witness Whereof, we have here unto set our hands and seals this the