Mohave County miner and our mineral wealth., 1922-04-21


 In furtherance and not in limitation of its general powers and purposes, it ia expressly provided that the corpora ton shall have the following powers, to-wit:
 l. To acquire, own. lease, handle sell, cucumber or otherwise deal in or with any and all classes of property; to &C., Quire, own. hold, sell cancel reissue "r m any manner deal in or with shares CT the capital stock of this or other corporations; to pay for property pur- chased or acquired, in cash, stock of this corporation, bonds or otherwise: to carry on the business of mining mill Ing, smelting. concentrating. converting. treating, reducing. preparing for market, manufacturing, buying. selling exchang- ing or otherwise producing or dealing in or with gold. silver. copper and any and all kinds of ores, metals, minerals and oiis, and the products and by-products tnereot' or every kind and description, ana by whatever process the same may be produced. and generally without linn ttation as to amount
 Z. To acquire by purchase lease ex- cnange' location. grant appropriation CT In any other manner whatsoever, and to receive, own, hold, use, operate, lease. mortgage, sell or otherwise dispose of and deal in or with mines mining claims, inlhing property or mining rights. min erals, mineral rights, ores water. wa ter rights. reservoirs, canals, flumes. dltches, pipe lines. mills, smelters saw. mills, hotels, boarding houses, stores. ti easements. miil-sites, tunnel sites. priv ueges. 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 or 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. notes. bonds. debentures and evidenc- es of indebtedness of all kinds. and 10 pledge. mortgage or otherwise encum- Der or dispose of the whole or any part or the property owned or acquired by 1t, as security for the payment of any 1 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 irnmunities conferred upon corpora tions of this class by the laws of the State of Arizona, and to do and carry on any business in connection herewith not inconsistent with the laws of the
 ARTICLE FOUR: The amount of the capital stock of this corporation shall be l THREE HUNDRED AND SEVENTY FIVE THOUSAND DOLLARS. divided into one million five hundred thousand l 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
 exchanged for mines, mining claims,
 mining rights, options. franchises, or
 TOT any other property, real. personal
 or mixed. or for benefits accruing or .nr &~ AH@
 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
 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. .,n
 ARTICLE FIVE: The time of the
 commencement of this corporation shall
 be the date of the issuance of Certifi- l 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
 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 slock- , 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 rSs2T; pnd the said Directors so elected sha!l hold office, for one year or until
 their successors are elected and Quali- fled ;eny 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 : and amend By Laws. and to make and establish any and all rules and regilla-
 tInns reoessry for the conduct of the
 affairs of the corporation, not incon- |. siEtent with law or with these Articles Isr snyerporsrrons ..-',,.---c-,,..1;s.-' .---cr,.;-' With the eenssnt In WFitin$: Or .pur- Suaht to the vote of the holders of a majority of the issued and outstanding r stock of the corporation, said Board of
 Directors shall have the power to sell. 'asstsns transfer eehSey, lease or other=
 ss te eifPess pesssty Sl Ksos ss any S'rti0n The first Board of Directors shaft be
 selected by the incorporators as soon as
 Convenient after the filiLS of these Ar ticfes of 1ncorporat6n with tn ..rizona Corporation Commission, and shan noiss
 offieS until the first annual meeting of
 the stockholders. or until their success
 ors are elected and qualified
 ATICLE SEVEN: The officers of the corporation shall consist of a President, one or more YicA-Hresidents, a Secretary ana Treasurer 2nd where the dutfes are not inconsistent more than one of said officers may be held by the samA person. Said officers shall be selected by the Board Or Directors at the regu- ISf annual meeting of said Board, which meeting shall be held immediately fol. lowing kfie adjournment of. the annual meeting Sf the stockholders. and the President afld Vice-presidents sflalf be from among their own number. The Board of Directors shall have the power to appoint such other and additional of- ficers and such committees as it may deem necessary. either as provided by 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. l 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 thereaf ftef-