Arizona republican., 1898-04-29

or properties of this company may be located. Also for the purpose of man ufacturing any of the products dealt in. mined, or produced; to purchase. lease or otherwise acquire rights in and to letters patent or inventions either in part CT in whole; and to deal in them and issue licenses thereun- der; to invent and improve inven- tions and experiment with the same as may be deemed necessary for the best interests of the company.
 And for the purpose of doing any and all such other business as may be necessary, useful or incidental to the successful management and pros ecution of the purposes and business aforesaid; to acquire, hold, deal in and own real estate; to erect any and all buildings as may be necessary or ad- vantageous in conducting sad busi- ness.
 The amount of the capital stoek au- thorized is Five million dollars ($5,000,0 ,000), which will be divided into Fifty thousand shares. of the par value of One hundred dollars (s1OO) each, full paid and non-assessable. and which Is to be paid in cash or property i'll one year.
 FOURTH.
 The corporation will begin business on the 1st day Of May, 1898, Eighteen hundred and ninety-eight, and will terminate twenty-five years from dat
 FIFTH.
 The affairs of the corporation shall be conducted by a board of dire tors consisting of not less than three nor more than twenty-one persons; the of- fcers shall be a President, Vice. President, Secretary. and Treasurer, and at the option of the board of di- rectors a second and third vice-pres- dent, and assistant Secretary. and an assistant Treasurer, and an Executive Committee; election of officers and Directors shall be held on the first Tuesday of May.
 Highest amount of indebtedness or liability to which this corporation shall subject itself shall be Two mill lion five hundred thousand dollars ($2 800 000).
 SEVENTH.
 Private property of members of this corporation shall be exempt from cor pcrate debts.
 EIGHTH.
 Among the powers of this body cor porate, shall be: 1st, To have per petual succession. 2nd, To sue and be sued by the corporate name. 3d.. To have a common seal and to alter the same at pleasure. 4th, To render the shares or interest of stockholders transferable and to prescribe the mode of making such transfers. 5th, To exempt the private property of members from liability for corporate debts. 9th, To make contracts, ac- ouire and transfer property possessing the same powers in such respects as private individuals now enjoy.
 NINTH. To establish all bylaws and make all rules and regulations deemed expedient for the management of their affairs not inconsistent with the constitu- tion and laws of the United States and the territory of Arizona.
 IN WITNESS WHEREOF we have hereunto set our hands and seals this 23d day of April, One thousand, eight hundred and ninety-eight.
 AUSTIN G. DENNISTON. [seall FRANCIS J. DOYLE. [seal] HENRY L. SCHEUERMAN. [seal] HENRY w. MAYER. [seal] State of New York, City and County
 of New York, ss:
 Before me, Jacob Meirowitz, no tary public in and for the city and county of New York, on this day per sonally appeared Austin G. Denniston, Francis J. Doyle, Henry l.. Scheuer- man and Henry W. Mayer, known to me to be the several persons whose names are subscribed to the foregoing instrument, and each acknowledged to me that he executed the same for the purpose and consideration therein ex- pressed.
 Given under my hand and seal Of office this 23d day of April, 1898. Y [seal1 JACOB MEIROWITZ,
 Notary Public 132, New York Co.