Mohave County miner and our mineral wealth., 1922-04-07

iiiils' hotels, boarding houses, stores
 easements. miil-sites, tunnel sites, priv
 ileges franchises and property rights
 or any other kind of property.
 D. TO construct, lease, purchase or
 otherwise acquire and to own, hold and
 operate roads, tram-ways and railways
 necessary OF convenient for the carrying
 on or any business undertaken and to
 acquire, own. hold, sell, lease or other
 wise dispose of or deal in or with any
 ana all kinds of inventions, licenses ,rlghts, patent rights or letters patent.
 ,oto TO borrow money, and to issue
 notes' ponds, debentures and evidenc-
 es or indebtedness of all kinds, and
 10 pledge mortgage or otherwise encum-
 per or dispose of the whole or any na rt
 or the property owned or acquired by 1 indebtedness. VI any
 3; To make contracts, and to do as
 Iuily and to the same extent as natural
 persons might or could' do any and all
 or 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 ana exercise all the powers priyileges
 ana lmmunitles conferred upon corpora IionS or this class by the laws of the
 State of Arizona, and to do and carry l on any business in connection herewith
 not inconsistent with the laws of the | united States and the State of Arizona
 ARIlCLE FOUR: The amount of the | capital stock of this corporation shall be
 THREE HUNDRED AND SEVENTY
 FIVE THOUSAND DOLLARS, divided
 into one million five hundred thousand
 Shares or the par value of TWENTY
 FIVE CENTS each. Said stock shall be
 issued at such time and upon such terms
 ana conditions as may be provided by
 the Board of Directors, and same may be | exchanged for mines. mining claims. mining rights, options. franchises, or
 
 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 determination 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- Corporation Commission, and the termin- alton 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 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 sIocl- 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 0ftlna Til their successors are elected and quali- fled amy 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 from among the stockholders of 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 reyula- tIcnS necessary for the conduct Of the affairs of the corporation, not incm- sistent with law or with these Articles Of Incorporation.
 With the consent in writing, or pur- | suant to the vote of the holders of a majority of the issued and outstanding l stock of the corporation, said Board of | Directors shall have the power to sell, | wise 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 after the filing of these Ar tioles of Incorporation with the Arizona Corporation Commission, and shall hold | office until the first annual meeting of the stockholders, or until their success. ors are elected and qualified.
 AT1CLE SEVEN: The officers of the corporation shall consist of a President, one or more Vice-Presidents, a Secretary and Treasurer, and where the duties 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 from among their own number The Board of Directors shall have the power to appoint such other and additional of Picers and such committees as it may 1eem necessary, either as provided by he 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 he Board of Directors selected by the and shall hold office until he first annual meeting of the Board of Directors, and the officers thereafter wards selected at the annual meeting of 'aid Board shall hold office for one year 'r until the successors are elected and qualified.
 ARTICLE EIGHT: The highest Z mount of indebtedness or liability, di- l ect or contingent to which this corpor- .tion shall at any time subject itself. s the sum of TWO HUNDRED THOUS- t IND DOLLARS. f ARTICLE NINE: The private proper , y of the stockholders of the corporation , hall be and is hereby made forever ,, xempt from any and all liability for : he debts of the coropration. ARTICLE TEN: These Articles of 7 incorporation may be amended by a ma . orty vote of the issued and outstanding $ tock of the corporation, at any regular | leeting of the stockholders or at any pecial meeting thereof called for that T urpose, upon ten days notice given in F he manner prescribed by the By Laws. n IN WITNESS WHEREOF we have ereunto set. our hands and seals this he seventeenth day of March, 1922. h SEAL) c. W. HERNON, . SEAL) MARION BINFORD. a TATE OF ARIZONA, f County of Mohave
 SS h THIS INSTRUMENT was acknowledg- F