Mohave County miner and our mineral wealth., 1922-03-24
FRIDAY, MARCH A, 1922

1 and placer, mineral lands, coal Ia nds oil lands. timber lands, agricultural lands. l water and water-right, dam sites, and any other property, both real and per | sonal, and to prospect for. work, explore, operate, maintain and develop the same, and to deal in the products thereof; to purchase, plat, subdivide, sell lease and control lands and townsites; to purchase. | lease or otherwise acquire, erect, own. | operate and sell milling, smelting and | other ore reduction works, oil refineries, power plants, water works, railroads and | tramways to lead from the companys build. construct, own operate, exchange, sell and dispose of hotels, restaurants stores and commissaries, houses, and any and all other buildings and struc- | lures of whatsoever kind or nature; to do a general manufacturing, mercantile ana agricultural business; to own, sell | handle and control letters patent and l inventions; to own, sell, cancel and re- | issue shares of its own stock, and to purchase, or otherwise acquire, and to | hold, own, sell, assign, mortgage, pledge or otherwise dispose of shares, bonds, debentures, or other evidence of in- | debtedness, of other corporations, and while the holder thereof to exercise all the rights and privileges of ownership. | including the right to vote thereon; to | issue ,bonds. notes and other evidences | of indebtedness and to secure the pay | ment of the same by mortgage deed of trust or otherwise; to act as agent. l trustee. broker, or in any other fiduciary | capacity, and to borrow and loan money; and in general to. do and perform such | acts and things and transact such bus- | mess in connection with the foregoing objects not inconsistent with law in | any part of the world, as the Board of Directors may deem to the advantage of the corporation.
 l ARTICLE V. The authorized amount of capital stock lnf te sNf, ahah h- dred Fifty Thousand Dollars (sr50,- | 900. 08), divided into One Million Five Hundred Thousand U,500, ,000) shares of | the par value of Ten Gents (10c) each. | 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 use 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 up, the same as though paid for in cash at par and shall be mon -assessabel for , ever, and the judgment of the directors as to the value of any property. right or thing acquired in exchange for. cap ital stock shall be conclusive. ARTICLE VI. |, The time of the commencement of this corporation shall be the day upon which a certificate of incorporation is issued by the Arizona Corporation Commission. and the termination. thereof shall be twenty-five years thereafter, with the privilege of renewal, as provided by
 ARTICLE VII r. In furtherance, and not in limitation, of the powers conferred by statute. the affairs of the corporation shall be con- ducted by Board of Directors. consist ing of not less than Three (3) nor more than Nine (s) members. each of whom shall be a stockholder of record. who : ,Ia1I fo~ yAnr fpNv, hA dnt ta of election. or until their successors are elected and have qualified. The direc- tors shall be elected annually by the stockholders on the second Tuesday in January of each year. The first Board of Directors shall be selected by the i'm corporators as soon as convenient after the filing of these Articles of Incor- poration with the Arizona Corporation Commission and shall hold office until the first annual meeting of the stock holders. or until their successors are elected and have qualified, and such board shall be composed of not less than Three (3) nor more than Mine (9) mem bers. as the incorporators shall deter mine.
 The stockholders. at each annual meet ing thereof. shall by resolution fix the number of directors at not less than Three (3) nor more than Nine (S). to serve for the ensuing year. and shall elect the number of directors so fixed in said resolution.
 The officers or thlS corporation Snail be President, Vice-President, Sec retary, and Treasurer. to be elected by the Board of Directors. The Secretary and Treasurer may be one person. and need not be a stockholder.
 ARTICLE VIII.
 The directors shall adopt Bylaws for the government of this corporation. with full power to amend the same; they are vested with power to fill vacancies oc- curing in the Board of Directors from any cause and to appoint from their own number an executive committee, which. to the extent provided for by the Board of Directors, either by re- solution or Bylaws. shall have and exercise full power of the Board of Directors.
 ARTICLE K.
 The corporation indebtedness shall at no time exceed two-thirds of the amount of its capital stock.
 ARTICLE x.
 The private property of the stook- holders and officers of this corporation shall be and is hereby made forever exempt from the debts of the corpora tion.
 IN WITNESS WHEREOF. we have hereunto set our hands this 3rd day of March. A. D. 1922.
 M B. DUDLEY,
 BERYL MORTLOCK. STATE OF ARIZONA,
 County of Mohave-ss.
 Before me, CARL G. KROOK. a No- tary Public in and for said Mohaye