Mohave County miner and our mineral wealth., 1922-10-20


 designate. where meetings of stockhold- CTS and directors may be held any and all corporate business transacted.
 ARTICLE II.
 The general nature of business pro- posed to be transacted by this corpora tion is as follows, to-wit:
 To carry on a general mining milling, smeltins and reduction bus ness; to make contracts; to purchase, lease, op- tion, locate or otherwise acquire own, exchange sell or otherwise dispose of, pledge mortgage, hypothecate ana deal in mines. and mining clam both lode and placer, mineral lands coal lands, oil lands timber lands, agricultural lands. water and water rights dam sites and any other property, bothc real and per sonal, and to prospect for, work, exp ore, maintain and develop the same, and to deal in the products and by-products thereof; to purchase, plat, subdiVide, sell and control lands and towns Stes; to pur- chase. lease, or otherwise acquire, erect, own, operate. and sell milling, smelting and other ore reduction works, oil re- flneries, power plants, water works, railroads and tramWayS to lead from tnG company's principal works; to establish, acquire, bulld, construct, own, operate, scnange, sch and dispose of hotels. res taurants, stores, commissaries, houses, and any and all other buildings and structures of whatsoever kind or nature; to do a general manufacturing. mercan- tile and agricultural business; to own, hanSle. sell and control letters patent and inventions: to own, cancel and re- issue shares of it's own capital stock: and to purchase, or otherwise acquire, and to hold, own, sell, assign, mortgage, pledge or otherwise dispose of. shares, bonds debentures, or other evidences Of | indebtedness of other corporations, and tn 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 same by mortgage, deed or trust, or otherwise: to act as agent. trustee, broker, or in any other fiducfary | ca apacity, and to borrow and to loan money; and in general to do and per form such acts and things and transact such business in connection with the law, in any part of the world, as the Board of Directors may deem to the ad- vantage of the corporation. ARTICLE III.
 The capital stock of this corporation shall be One Hundred Fifty Thousand and No-1O0 ($150. 0.O00.00) Dollars, divided into one million five hundred thousand | G,500000) shares of the par value of Ten Cents G0c) each; such capital stock may be issued, at such times as the Board of Directors may designate either for cash, or real or personal property, or services or lease, or option to pur- chase, or any other valuable right or thing for the uses and purposes of the corporation, and all shares of capital stock so issued shall thereupon and thereby become and be ful-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 the 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- operation by the Arizona Corporation Commission and it shall endure for full term of twenty-five years, there, after, with privilege 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 (3) nor more than nine (9) 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 ithe stock holders at their annual meeting to be held on the first Monday in October 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.
 J. s, withers. secretary-Treasurer
 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 SeventyFive (7596) 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 property 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 Articles.
 ARTICLE VII.
 The highest amount of indebtedness or liability to which the Corporation may at any one time subject itself is One Hundred Thousand t$100,00o.00) 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 2Sth 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 18th day of September. 1922 by JOHN T. BURNS and J. S.