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Collection: Original Records > Articles of Incorporation
Gold Point Consolidated Mines (AI-G122) (1916) (13 pages)
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Page: of 13
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30
HIRAM W. JOHNSON, JR.
ATTORNEY AT LAW
MILLS BUILDING
SAN FRANCISCO
foreign country, and to do any and all things that may be ineident
or auxilliary to the aforeania otujectsa and purposes, or that may
be convenient, necessary, expedient, advisable, or useful in earrye
ing on the business and purposes of said corporation.
The objects and powers specified in thie article shall,
except where otherwise horein expressed, be in no wise limited or
reatricteda by reference to, or inference from, the terms of any
other clause or paragraph in these Articles of Incorporation, but
each shall be deewed to be separate objects or powers, and said
Objects or powers, and each of them, shail be deemed to be in
furtherance of, and not in limitation of the general powers cone
ferred by the laws of the atate. ,
SIPTHs The total authorized capital stock of this corporation shall be Two Million Bollars (62,000,000) divided into tre
million shores (2,000,000) of the par value of One Dollar ($1)
each. That the emount of the subacribed capital atoek with which
gnid corporation will commence business is the sum of one thousand
end seven dollars ($1,007); that the amount actually subseribed is
the sum of one thousand and seven dollars ($1,007); that no part
of said subscription has been actually paid unon said subscribed
capital stock, but shall be fully paid, either in services or
property, roanl or personel, upon the organization of said corporation, and at such times as the Doard of Directors may by reselue
tien direct, said capital stock, or any portion thereof, shall be
isnued in exehange for cash or real or persenal property or services or other valuable considerations, and the capital stock se
issued shall thereupon and thereby beeome and be fully paid and
norvieanssessable, and in the absence of actual fraud in such transge
actions, the judgement of the Doard of Directors as to the value of
the property purchased and the price less than the par value at