Nogales international., 1927-12-02


ness transacted and meetings Of
4 stockholders and directors held a
such places within or outside o.
Arizona as the BYLAWS of The
Company shall provide.
ARTICLE III
The general nature of the bust
ness proposed to be transacted il
to make contracts; to purchase OF
otherwise acquire mining grounds
lands and mine workings; tc
search for ores and minerals, mine
and grant licenses for mining in
or over any lands which may be
acquired by the company, and
lease any such lands for building
| or agriculture purposes or use and
sell or otherwise dispose of the
lands, mines, or other property OF
the company.
To carry on the business Of a
mining. smelling, and refining
company, and, as auxiliary there
to. to purchase or hire vessels, to
purchase or erect buildings and
works, and to construct or contrl-
butte to the construction of piers,
wharves, docks, railways, and
tramways.
To purchase, take or lease, or
otherwise acquire freehold and
other farms, properties. mines,
lands and mineral properties. and
also grants, concessions, leases,
claims, licenses Of or other inter-
ests in mines, mining rights, lands,
mineral properties. water rights.
and either absolutely or eondi-
tionally, and either solely or
jointly with others.
To prospect, mine, open aa;l
work claims or mines, anG a.,e,
dig and quarry for gold, silver,
minerals, ores, diamonds and pre-
cious stones, Goals. earth, and
other substances.
To acquire by purchase. con-
cession Or lease, or to take in ex
change or otherwise. er to erect
and construct, and wherever ne
cessary to alter buildings, rail-
ways, street cars, roads, shafts,
furnaces, quartz-crushing and
other machinery, works for smelt-
ing or otherwise for treating, re-
moving and storing metals and
minerals and drawing and pump
ing appliances, or waterworks,
and crushing, working, manufac-
turing, purifying, cutting. polish
ing, or otherwise dealing with gold
silver, precious metals, minerals,
ores, Goals. diamonds, precious
stones, earth, and other substan,
ces.
= ARTICLE "
The amount Of the authorized
Capital Stock Of the Corporation
is One Hundred Thousand ana
No/100 ($100,000.00) Dollars
divided, into One Hundred Thou
sand Shares of the Par Value OF
One and no/100 ($1.00) Dollar
each, which shall be paid in, at
such time as the Board Of Direc-
tors may designate, in cash, real
or personal property, services,
lease, option to purchase, or any
other valuable right or thing, for
the uses and purposes Of. the cor,
poration, and all Shares of Capital
Stock, when issued in exchange
therefor, shall thereupon and
thereby become and be full-paid
the same as though paid for in
cash at par, and shall be non.
assessable forever, and the judg-
ment of the Directors as to the
value of any property, right or
things acquired in exchange for
Capital Stock shall be conclusive
ARTICLE v
The time of the commencement
of the corporation shall be the
date of the issuance of a Certifi-
cate of Incorporation to it by the
Arizona Corporetion Commission,
and it shall endure for period of
Twenty-Five (25) years thereafter
with privilege Of renewal and right
of perpetual succession as nov
provided by law.
ARTICLE VI
The affairs of this corporation
shall be conducted by Board of
not less than Three nor more than
nine Directors, who shall be stock
holders Of this corporation.
Said directors shah be elect
ed at the annual meetings of the
Stockholders and shall serve for
one year. and until their success
sors are elected and qualified. Un-
til their successors are elected
and qualified, the following nam
ed persons shall be Directors;
Herbert Way Johnstone,
Alberto Gayou,
Rex H. Flint,
H. w. Kelsey, and
Josephine Trees Dunshee.
The annual meetings of the cor
poration shall be held at such place
and time as may be prescribed by
the Bylaws of the Corporation.
If at any time a vacancy in the
board of directors shall occur, said
vacancy may be filled by the re-
naming members of the Board
in Office. The person 80 elected tc
fill a vacancy shall serve during
the unexp'red term of his prede-
cessor. and until his successor is
elected and qualified.
ARTICLE VII
The officers Of this corporation
shall be president. vice-presi-
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