Mohave County miner and our mineral wealth., 1922-09-22

ble in cash or by the sale and transfer to it of real or personal property, ser vices, leases, options to purchase, or any other valuable right or thing, for the uses and purposes of the corporation, and all shares of capital stock, when issued in exchange therefor. shall there | upon and thereby become and be fully paid the same as though paid in cash at par, and shall be non-assessable for over, and the judgment of the directors as to the value of any property. right or thing acquired in exchange for capi- I tai stock shall be deemed final and con elusive.
 The time of commencement of this corporation shall be the day of the fil- | ing of these Articles in the office of the Arizona Corporation Commission and it shall continue for a period of twenty five (25) years thereafter. ARTICLE VT The affairs of the corporation shall be conducted by board of directors and such officers as the said directors shall not be fewer than three (3) and not more than fifteen I5O persons, and shal be stockholders of the corporation, and they shall be elected at the meet lng or the stockholders held on the first Tuesday in January of each year. Directors so elected shall hold office for one year and until their successors are elected, or vacancies filled by appoint ment by the remaining directors, in case of vacancy, and qualified. The follow ing named persons have been selected and shall constitute the Board of Di- rectors until the first annual election John P. Denny,
 Frank G. Smith, and
 Charles r. Reiniger. The above named directors may, if they see fit. appoint other directors to :t with them, and they may fill any vacancies on the Board of Directors un- nl the said first meeting of the stock holders of this corporation. As soon as practicable after the filing of these ar ticleS in the office of the Arizona Cor poration Commission, the persons named above as directors shall meet and or ganize as Board of Directors, appoint others to act with, them as directors as they see fit adopt bylaws, elect of ficers of the company from among the directors, which officers shall be pres ident a vice-president, secretary and treasurer, who shall hold office until the first annual meeting of the direc- tors and until their successors are cleo ted and qualified. and do and perform any other act or thing proper or necess- ary for the conduct of the corporation business.
 ARTICLE VI.
 The highest amount of indebtedness or liability, direct or contingent. to which this corporation is at any time to subject itself, shall not exceed the sum of Three Million Dollars ,($3, ,O00,- 000..00).
 ARTICLE VIII
 The separate and collective private property. whether in being or in pros- pect, of the stockholders of this corpora tion shall be forever exempt from cor Dorate debts or claims of any kind what soever.
 ARTICLE IF
 The directors shall have power to adopt. amend and rescind by-laws,> to fill vacancies occurring in the Board or among the officers of the corporation, and to appoint committees from their own number and to vest said committees with any of the powers belonging to the Board of Directors, without notice of any kind or character, to the other stock holders. - =. 7. 7 IN WITNESS WHEREOF we have hereunto set our hands this 18th day of September, 1922. :
 JOHN P. DENNY. ~.
 FRANK G. SMITH. STATE OF CALIFORNIA, County of Los Angeles, ss. ". The foregoing instrument was acknow- ledged before me this 16th day of Sept ember, 1922, by John P Denny and Frank G. Smith, each of whom is per-
 R. NJ. WEST.
 Notary Public. (Notarial Seal)
 My Commission expires: March Fist, 1926. ' First insertion Sept. 22.
 Last insertion Oct. 27.