Mohave County miner and our mineral wealth., 1922-10-13

ment of same by mortgage, deed o1 trust. or otherwise; to act as agent trustee. broker, or in any other fiduciarS capacity, and to borrow and to loar money: and in general to do and per form such acts and things and transact such business in connection with the foregoing objects, not inconsistent witt law, in any part of the world as the Board of Directors may deem to the aG' vantage of the corporation.
 ARTICLE III.
 The capital stock of this Corpor3 tiOr shall be One Hundred Fifty Thousand and No-1O0 ($15O, ,000.00) Dollars. divided into one million five hundred thousand G,500,000) shares of the par value of Ten Cents 10c) each; such capital stock may be issued at such times as the Beard of Directors may designate, either for cash. or real or personal property or services or lease or option to pur- chase, CT any other valuable right CT thing, for the uses and purposes of the corporation, and all shares of capital stock so issued shall thereupon and thereby become 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 t"t value of any proprty, right or thing, aC- Quired in exchange for capital stock shall be conclusive, in the absence of actual fraud in the transaction.
 ARTICLE ".
 The time of the commencement of this corporation shall be the date of the issuance to it of a certificate of incor- Dorat,on by the Arizona Corporation Commission and it shall endure for a full term of twenty-five years. there after with privil"Pn of perpetual sue
 ARTICLE V. cession as provided by law.
 The affairs of the Corporation shall be conducted by a Board of Directors, consisting of not less than three (S) nor more than nine t9) members. by whom a President, a Vice-President, Secretary and Treasurer shall be elected from among the stockholders, provided that the offices of Secretary and Treas urer may be held by the same person. The Board of Directors may from time to time appoint such other officers and agents as to them may seem meet and proper. The Directors shall be elected by and from among the stock holders at their annual meeting to be held on the first Monday in October in each year, and shall hold office for ONE YEAR and until their successors have been elected and have qualified. Until the first annual meeting of the stockholders and until their successors have been elected and have qualified, the following named persons shall be the of ficers and directors as stated:
 John T. Burns, President and Di- rector
 Louis L. Wallace, Vice-President and Director,
 J. S. Withers, Secretary-Treasurer and Director.
 Prior to the first annual meeting of the stockholders, the directors in office may appoint other directors to serve with them. With the consent in writ ing, or pursuant to the vote of the hold CTS of Seventy-Five (75Gc) Per Cent of the issued and outstanding stock of the Corporation. said Board of Directors shall have the power to sell. assign, transfer, convey. lease or otherwise dis pose of the whole or any portion of the of the Corporation.
 ARTICLE VI.
 The Directors shall have the power to adopt amend and rescind bylaws. to fill vacancies occurring in the Board from any cause. and to appoint from their own number an executive commit tee and vest said committee with all the powers granted the Directors by these 
 ARTICLE VII.
 The highest amount of indebtedness or liability to which the Corporation may at any one time subject itself is One Hundred Thousand ($1oO,o0O.oO) Dollars.
 ARTICLE VIII. The private property of the stock holders of the Corporation shall be for ever exempt from the debts or obliga- tions of the Corporation.
 IN WITNESS WHEREOF, we have hereunto set our hands and seals this 18th day of September, 1922.
 JOHN T. BURNS (SeaD
 J. S. WITHERS (Seal) STATE OF ARIZONA,
 County of Mohave-ss.
 This instrument was acknowledged before me this 2Sth day of September, 1922. by JOHN T. BURNS and J. g. 
 (Notarial Seal)
 LOUIS l.. WALLACE.
 Notary Public in and for
 Mohave County, Arizona My Commission expires July 2, 1924. Filed in the office of the Arizona Corporation Commission this ? day of Oct. A. D. 1922, at 10:00 A. M. at re- quest of Louis l.. Wallace. whose post office address is Kingman. Arlz
 ARIZONA CORPORATION
 COMMISSION,
 By D. F JOHNSON.
 Chairman. First insertion October 13. Last insertion November 17.