Mohave County miner and our mineral wealth., 1921-05-27
LEGAL NOTICES
quired by it, as security for the pay ment of any indebtedness.

qulI0u Uy lI, dS oCCuIlIy 1OI tllC pay ment of any indebtedness.
 5. To make contracts, and to do as fully and to the same extent as persons might or could do any and all of the things herein set forth, either as principal, agent, contractor, trustee or otherwise, and either alone or in company with other persons, as- or corporations; and in general, to have and exercise all the powers, privileges and immunities conferred upon corporations of this class by the laws of the State of Ari- zona, and to do and carry on any busi- ness in connection herewith not in consistent with the laws of the United States and the State of Arizona.
 ARTICLE FOUR: The amount of the capital stock of this corporation shall be TWO MILLION DOLLARS ($2,O00, ,000.0O) divided into two mil lion shares of the par value of ONE DOLLAR each. Said stock shall be issued at such times and upon such terms and conditions as may be pro- vided by the Board of Directors, and same may be exchanged for mines, mining claims, or for any other prop erty, real, personal or mixed, or for benefits accruing or services rendered to the corporation in any manner or form whatsoever, and all shares of capital stock SO issued in exchange therefore shall thereupon and thereby become fully paid, and said stock shall be forever non-assessable. In the ab- sence of actual fraud, in the trans action, the determination of the Board of Directors as to the value of any property, right, services, benefit, op- tion or thing acquired in exchange for stock shall be conclusive.
 ARTICLE FIVE: The time of the commencement of this corporation shall be the date of the issuance of Certificate of Incorporation by the Arizona Corporation Commission, and the termination thereof shall be twenty-five years thereafterwards, 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 a Board of Directors, con- sisting of not less than three nor more than nine members, who shall be elect ed by the stockholders of record from among their own number at the an- pual meeting of the stockholders, which annual meeting shall be held at the principal office of the company on the third Monday in March of each year, and the said Directors so elect ed shall hold office for one year 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 oth- erwise, shall be filled by election by the remaining members of the Board of Directors from among the stock holders of record. Said Board of Di- rectors shall have the power, with out the assent or vote of the stock holders, to make, alter and amend By Laws, and to make and establish any and all rules and regulations neces- sary for the conduct of the affairs of the corporation, not inconsistent with law or with these Articles of Incor- poration.
 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 pow CT to sell, assign, transfer, convey, 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 the filing of these Articles of Incorporation with the Arizona Corporation Commission, and shall hold office until the first annual meeting of the stockholders, or until their successors are elected and quifified.
 ARTICLE SEVEN: The officers
 of the corporation shall consist of a
 President, one or more Vice Presi- dents, Secretary and a Treasurer
 and where the duties are not incon-
 sistent more than one of said offices
 may be held by the same person. Said
 officers shall be selected by the Board
 of Directors ~at the regular annual
 meeting of said Board, which meeting
 shall be held immediately following
 the adjournment of the annual meet
 ing of the stockholders, and the Pres
 ident and Vice Presidents shall be
 from among their own number. The
 Board of Directors shall have the pow
 CT to appoint such other and addition
 al officers and such committees as il
 may deem necessary either as pro.
 vided by the By Laws or by Resolu-
 tion, all to hold office at the pleasure
 of the Board of Directors, and theil
 duties and compensation shall be pro.
 vided by said Board. The first off.
 cers shall be selected by the Board l nf n;raotorc ,o1o,%ol lx, %Lo