Arizona state miner., 1924-04-19

matter referred to.
Fourth: The total authorized capital
stock of this corporation is One million
81, 900, ,O00) dollars divided into One
million ZOO, ,000) shares of the par
value of One ($1.O0) dollar each.
The amount of capital stock with
which this corporation will commence
business is the sum of one thousand
Isl, OO0) dollars being one thousand
q, ,O0O) shares of the par value of One
Isl. 0W dollar each.
Fifth: The names and places of res
idence of each of the original subscrib-
srs to the capital stock and the number
of shares subscribed for by each are as
follows:
Names Addresses No. of Shares
T. l.. Croteau, Wilmington, Della, 500
M. A Bruce, Wilmington, Oela,, 300
A. M. Hooven, Wilmington; Oela., 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 authorizes:
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 bylaws 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-
ject to the provisions of the statutes)
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 certificate therefor lr-
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
to time fix and determine.
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-
ber of directors 70 be elected at such
election; and each shareholder may
cast the whole number of votes, either
IN person or nv prOxv. for one candl-
date. or distribute such votes among
two or more such candidates; and such
directors shall not be elected other
wise.
At each meeting of the stockholders
every stakeholder 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 ockhOlders herein are
granted subject to these reservations.
WE, THE UNDERSIGNED, beng
each of the orig inal subscribers to the
capital stock hereinbefore named for
the purpose of forming 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 "An
Act Providing General Corporation
Law" (Approved March 10th, 1899)
and the acts amendatory thereof and
supplemental thereto, do make and file
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: T. L. Croteau (sea)
Herbert E. Latter NJ. A. Bruce (seaD
A. M. HOOven (seall
State of Delaware
County of New Castle Ss'
BE 1T REMEMBERED that on the
18th dav of December, 1928. personally
came before me. Herbert E. Latter, a
Notary Public for the State of Della