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Collection: Original Records > Articles of Incorporation
Gates Stockton Hill Mine (AI-G183)(1948) (9 pages)

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Page: of 9

shle for compensation, fire, public liability, and
other insurance reasonably necessary to properly
protest the operation and property.
Assounts shall be rendered monthly to the partnerbkip showing the determination of net proceeds remaining for
the preceding month, setting forth oll eosts and expenditures
connected with the operation above defined, with a detailed
stoteuant showing how the same have been computed,
Xo
Theat the right is given to the sald limited parte
nets bo substitute an assignea ox assigness as contributors
in the pblaas of cither or both said limited partners, and in
this conneotion gaid CODPHAY WATHPS and WALTRY NEVERS nay
assign their right to contribute the further sum of Twont ye
six Thousand Dollars ($26,000.00) in cash, and also their
right to receive theraby a further interest of Yweotyeaix
Percent (26%) from the net profits of the purtnership.
Pe
The partners are hereby siven the right to admit
additional limited partners, eibher ag assicnees of said
GODFREY WATENG and/or WALTER MEYERS as aforesaid, or upon
the contribution of cash, equipment, property, or other
facilities for the business of the partnership. If such
contribution shall be in the nature of equipment, property
or other facilities for the businass of the partnership,
then the value thereof shall be that fixed by a competent.