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Collection: Original Records > Articles of Incorporation
Hoge Development and Annex Mining (AI-H047)(1930) (23 pages)
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Page: of 23
full paid stock and not liable to any further call, nor shall the
holder thoreof be li:ble for any further payments thereon.
lo holder of any stock and no holder of any bond,
debenture or other seeurity convertible into stock of the
Corporation, and no holder of any stock purchase privilege
shall be entitled, as of right, to subsoribe for, purchase or
receive any part of any issue of stock or bonds, debentures or
other securities convertible into stock, now or hereafter
authoriged (all such preeuptive rights being hereby denied to
such holders); but all such additional shares of stook, bonds,
debentures or other securities convertible into stock may be
issued and disposed of by the Board of Directors to such person
or persons, and om such terms end for such consideration, so far
as may be permitted by law, as Ses Board of Directors, in its
absolute discrotion, may decm advisable and, by proper action,
may provide.
The amount of capital with which this corporation
shall commence business is One Thousand Dollars.
The said 10GH DEVELOPMENT COMPANY is to have
perpetual existence.
Si Ff Xs
The private property of the stockholders shall not be
subject to the payment of corporate debits to any extent whatever.