Mohave County miner and our mineral wealth., 1922-03-31

mills, hotels, boarding houses, stores. easements, mill-sites. tunnel sites priv ileges. franchises and property rights, or any other kind of property.
 5. To construct lease, purchase or otherwise acquire, and to own hold and operate roads, tram-ways and railways necessary or convenient for the carrying on of any business undertaken, and to acquire. own hold, sell, lease or other wise dispose of or deal in or with any and all kinds of inventions. licenses. rights, patent rights or letters patent. i 4. To borrow money, and to issue notes. bonds, debentures and evidenc- es of indebtedness of all kinds. and to pledge. mortgage or otherwise encum- Der or dispose of the whole or any part of the property owned or acquired by 1t. as security for the payment of any | indebtedness.
 5. To make contracts, and to do as fully and to the same extent as natural persons might or could do any and all of the things herein set forth. either as principal agent, contractor. trustee or otherwise. and either along or in com pany with other persons. associations or corporations: and in general to have and exercise all the powers privileges and immunities conferred upon corpora tions of this class by the laws of the l State of Arizona, and to do and carry on any business In connection herewith not inconsistent 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 FIVE THOUSAND DOLLARS, divided into one million five hundred thousand shares of the par value of TWENTY FIVE CENTS each. Said stock shall be issued at such time and upon such terms and conditions as may be provided by the Board of Directors, and same may be exchanged for mines. mining claims, mining rights. options. franchises. or for any other property, real. personal
 or mixed, or for benefits accruing or serviced rendered to the corporation in 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-assessable.
 In the absence of actual fraud in the
 transaction the determinati of the
 Board of Directors as to the value of any property. right. services. benefit.
 option 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 Certifi- | cate of Incorporation by the Arizona Corporation Commission, and the termin- ation thereof shall be twenty-five years
 thereafterwards. with privilege of re-
 newal as provided by law.
 ARTICLE SIX: The management and
 control of the business. property and
 affairs of the corporation shall be vest 1 ed in a Board of Directors. consisting
 of not less than five nor more than nine
 members as may be provided by the by
 laws or by Resolution of the Board of Di- rectors, who shall be elected by the sIock- holders of record from among their own | number at the annual meeting of the stockholders, which meeting shall be held at the principal office of the company ] on the first Monday in March of each
 year and the said Directors so elected
 shat hold office for one year or until , their successors are elected and Quali- ! fled ;any vacancy which may occur in
 said Board of Directors. whether caused by death, resignation or otherwise. shall
 be filled by election by the remaining
 members of the Board of Directors record Said Board of Directors shall
 nave the power, without the assent or vote of the stockholders. to make. alter and amend By Laws, and to make and
 establish any and all rules and resula- | ticns necessity for the conduct of the affairs of the corporation. not incon- 1 sistent with law or with these Articles lof Incorporation.
 With the consent in writing. or pur-
 suant to the vote of the holders of a majority of the issued and outstanding stock of the corporation. said Board of
 Directors shall have the power to sell, assign, transfer. convey, lease or other wise dispose of the whole or any portion l or the property OI tHc COTpOTdllOH. l The first Board of Directors shall be selected by the incorporators as soon as convenient after the filing of these Ar ticles of Incorporation with the Arizona Corporation Commission. and shall hold office until the first annual meeting of l the stockholders, or until their success ors are elected and qualified
 | ATICLE SEVEN: The officers of the corporation shall consist of President. one or more Vice-Presidents, Secretary I T.- xvvL thA l,,ft tAo are not inconsistent more than one of | said officers may be held by the same person. Said officers shall be selected | by the Board of Directors at the regu- lar annual meeting of said Board. which | meeting shall be held immediately fol- lowing the adjournment of the annual | meeting of the stockholders, and the President and Vice-presidents shall be 1 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 l the By Laws or by resolution. all to hold office at the pleasure of the Board of | Directors and their duties and compen- | sation shall be provided by the Board The first officers shall be selected by | the Board of Directors selected by the | incorporators, and shall hold office until the first annual meeting of the Board of | Directors. and the officers thereafter.
  | said Board shall hold office for one year or until the successors are elected and qualified.
 ARTICLE EIGHT: The highest amount of indebtedness or liability, di- rect or contingent, to which this corpor- ation shall at any time subject itself. l is the sum of TWO HUNDRED THOUS- AND DOLLARS.
 ARTICLE NINE: The private proper | ty of the stockholders of the corporation shall be and is hereby made forever exempt from any and all liability for l the debts of the coropration.
 ARTICLE TEN: These Articles of l Incorporation may be amended by ma jorty vote of the issued and outstanding stock of the corporation, at any regular meeting of the stockholders or at any special meeting thereof called for that purpose, upon ten days notice given in the manner prescribed by the By Laws. | IN WITNESS WHEREOF we have hereunto set our hands and seals this the seventeenth day of March. 1922. | (SEAE) c. ". HERNON, (SEAL) MARION BINFORD. STATE OF ARIZONA,
 County of Mohave
 SS
 THIS INSTRUMENT was acknowledg- ed before me this 17th day of March, 1922 by Marion Binford and c. W.