Arizona state miner., 1924-05-17

matter referred to.
Fourth: The total authorized capital
stock of this corporation is One million
Isl OOO, OO0) dollars divided into One
million Q,O0O,000) shares of the par
value of One $l.00). dollar each.
The amount of capital stock with
which this corporation will commence
business is the sum of one thousand
1,OOO) dollars being one thousand
,OOO) shares of the par value of One
! Isl. 0O dollar each.
Fifth: The names and places of res
idence of each of the original subscrib-
ers to the capital stock and the number
of shares subscribed for by each are as
follows:
Names Addresses No. of Sh res
T. l.. Croteau, Wilmington, Della, 500
! M. A Bruce, Wilmington, Dela,, 800
A. M. Hooven, Wilmington, Della, 200
| Sixth: This corporation is to have
perpetual existence.
Seventh: The private property of
the stockholders shall not be subject to
the payment of corporate debts to any
extent whatever.
Eighth: In furtherance. and not in
limitation of the powers conferred by
statute, the Board of Directors are ex-
pressIy authorized;
| TO fix the amount to be reserved as
working capital, to authorize and cause
to be executed mortgages and liens
upon the real and personal property of
this corporation.
Both stockholders and directors shall
have power, if the by. laws so provide.
to hold their meetings either within or
without the State OF Delaware, to have
one or more Offices in addition to the
principal office in Delaware. and to
keep the books of this corporation (sub-
outside of the State Of Delaware at
such places as may be from time to
time designated by them
Ninth: Each and every holder of the
capital stock of the corporation by the
acceptance of a certificate therefor ir-
revOcably valves and releases any and
all right to subscribe to any increase IN
said stock or any part thereof and con-
sents to the issue and disposition of
any such increase to such person, per-
sons or corporation for any hereinbefore
mentioned rights, leases or other assets
and upon such terms and conditions as
the Board of Directors may from time
| 70 bAAAG I'm dIIO UGC6EEI1lLISs
| Tenth: In all elections for directors
of this corporation. each shareholder
shall have the right to cast as many
votes in the aggregate as he shall be
entitled to vote multiplied by the num-
Der Of directors to be elected at such
election; and each shareholder may
cast the whole number Of votes, either
IN person or bv proxy, for one candl-
date. or distribute such votes among
two or more euch candidates; and such
directors shall not be elected other
wise. -
At each meeting of the stockholders
every stockholder shall be entitled to
vote in person, or by proxy appointed
bv an instrument in writing. subscribed
| by such stockholders. and delivered TO
the inspectors or the secretary at the
meeting; and excepting elections and
votes for directors, he shall have one
vote for each share of stock standing
registered in his name at the time of
| the closing of the transfer books for
said meeting.
The consent of the holders of seventy
| five per cent of the capital stock issued
and outstanding at the time action is
taken to effect any amendment, altera-
ton. waiver or repeal of any part or all
of this entire Tenth section. must be
obtained or else such amendment. alter
alton, waiver or repeal shall not be
made.
Eleventh: This corporation reserves
the right to amend, alter, change or
repeal any provisions contained IN this
certificate of incorporation. in the man.
ner now or hereafter prescribed by
statute, except that the provisions of
section Tenth shall not be amended.
altered. changed or repealed except as
provided in said section, and all rights
conferred on stockholders herein are
granted subject to these reservations.
WE, THE UNDERSIGNED. beng
each of the original subscribers to the
capital stock hereinbefore named for
the purpose Of forming a corporation
to do business both within and without
the State Of Delaware, and in pursu-
ance of an Act of the Legislature of
the State of Delaware entitled san
Act Providing General Corporation
Law (Approved March 10th. 1897
and the acts amendatory thereof and
supplemental thereto, do make and file
this certificate, hereby declaring and
certifying that the facts herein stated
are true, and do respectively agree to
take the number of shares of stock
hereinbefore set forth, and accordingly
have hereunto set our hands and seals
this 14th day of December, 1923.
In presence of: TIL. Croteau tseaD
Herbert E. Latter NJ. A. Bruce (seal)
A. M. Hooven (seaD
State of Delaware
County of New Castle SO.