The Braden Copper Company, a foreign Corporation organized under the laws of the State of Maine of the United States, and with an agency authorized to operate in this country, is exempted from all taxes, contributions, duties or charges arising from, caused by, or as a consequence of the transfer of its property, assets and liabilities, rights and obligations, which it may effect upon formation of the Joint Mining Company** to be known as Sociedad Minera El Teniente S.A. This same exemption is granted to legal persons (corporate) who may be stockholders of Braden Copper Company.