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


 my other fiduciary capacity;
 And in general to do and perform such
 .cts and things and transact such bus
 ness in connection with the foregoing objects, not inconsistent with law in my part of the world, as the Board of Directors may deem to the advantage of he corporauon;
 ARTICLE ". The capital stock of he corporation shall be one million dol ars (Sl,OOOOOO.OO) divided into 1000 900 shares of the par value Of one dollar ($l.OO) each, which shall be paid in at such times as the Board of Directors may designate, in cash, real or personal property, services, lease, option to pur- chase, or any other valuable right or hing for the uses and purposes of the corporation, and all shares of capiat stock, when issued in exchange therefoI shall thereupCn and thereby become anH De tulty paid the same as though paid r for in cash at par, and shall be non assessable forever and the judgment of the Directors as to the value of any property, right or thing acquired in eX- change for capital stock shall be con- | elusive.
 ARTICLE V. The commencement of the corporation shall be the date of the | issuance to it of a certificate of lncor- | poratiOn by the Arizona Corporation | full term of twenty five years thereaf- | ter, with privilege of perpetual success | sion as provided by statute
 | ARTICLE VI. The affairs of the cor | poratlon shall be conducted by Board | of Directors consisting of not less than | three nor more than five stockholders | of record, who shall be elected annualA | ly, by the stockholders, on the second, l Monday in January each year, at the | principal office of the corporation, and | the said Directors so elected shall hold | office for the term of one year from the | date of their election or until their suc- I Iah LA 1,,l, 41 taI fled unless they shall, in the meantime, | cease to be stockholders in this corpor- | atlon, and any person ceasing to be | stockholder in this corporation shall cease to be Director or officer of the | same;
 | 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: L. Hoffman, Di- | rector and President; w. F. Fowler. Di- rector and Vice-Presideht; J. H. Hoff- l man, Director Secretary and Treasurer. | 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 mem- bers 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 l amend Bylaws and to make and estab- l llSn any ana all TuleS ana TeSuldtiOHS necessary for the conduct of the affairs l of the corporation not inconsistent with law or with these Articles of Incorpor- | ation.
 | With the consent in writing, or pur- | suant to the vote of the holders of majority of the issued and outstanding stock of the corporation, said Board of Directors shall have the power to sell. assign transfer GOT convey lease or other her
 tion of the property of the corporation. | ARTICLE. VII. The officers of the corporation shall consist of President.
 one or more Vice Presidents, Score ] tary and a Treasurer, and where the l duties are not inconsistent 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 inn
 mediately following the adjournment of
 the annual meeting of the stockholders, and the President and Vice Presidents shall be from among their own number.
 The Board of Directors shall z, have | the power to appoint such other and additional officers and such commit
 tees as it may deem necessary. either as provided by the Bylaws or by Res-
 ure of the Board of Directors. and their duties and compensation shall be pre- scribed by said Board.
 ARTICLE VIII. The highest amount of Indebtedness or liability. direct or | contingent, to which this corporation
 shall at any time subject itself. is the sum of five hundred thousand dollars
 ($500, ,000.00).
 ARTICLE TX The private property of the stockholders of this corporation
 shall be and is hereby made forever | exempt from any and all liability for the debts of the corporation.
 | ARTICLE x. These Articles of In- | corporation may be amended by a ma jorfty vote of the issued and outstand-
 ing stock Of the corporation at any reg
 ular meeting of the stockholders or at
 any special meeting thereof called for
 that purpose.
 | ARTICLE XI. This corporation does | hereby appoint L. Hoffman. of the city | of Kingman. Arizona. who has been | bona fide resident of Arizona for at
 least three years. its lawful aeent in | and for the State of Arizona, for and
 in behalf of said Company. to accept
 and acknowledge services of and unon
 whom may be served. all necessary pro- | cess or processes in any action. suit or
 proceeding that may be had or brought
 against the said company in any of the
 courts of sa'd State of Arizona such ser l vice or process. or notice, or the accep-
 tance thereof by said agent. endorsed
 thereon. to have the same force and eff
 feet as if served upon the President and | Secretary of said comranv.
 | IN WITNESS WHEREOF we have
 hernunto set our hands and seals this
 lou, of Ta,a