The Arizona sentinel., 1899-02-04

z-------4-iy ships, steamship lines tailrcads Cothef than raiI- roads in tho Territory of Arizona), wagon rosds. canals, mills, factories, houses, capital stock and bonds of corporations public private, chastel., goods, wares and merchandise and cho rses in action, and to own, control deal in, sell dispose of the sane any part thereof, and to enter into contracts for the construction and operation of any | such enterprises or occupation. c. To buy, soil, own and operate, or otherwise deal in, mines, mining claims, mining stocks, franchises industrial enterprises ater works gae works, electrical works, street railways and other | commercial enterprises; to buy, sell, own and operate all kinds of stores for the sale of general merchandise, goods or personal property, mining machinery. steam electrical appliances or de vices; to operate mills and smelters for the re- ductiOn of all kinds of ores carry on the husn s of banking in all it's branches borrowing and losu. ing money, dealing in all kind of negotiable paper Promssory notes, mortgages stocks, bonds or other securities. gold, silver. copper lead other kinds ot bullion or ore bills of exchange or other evi. dences of indebtedness, and banksbie paper to ec. quire, own construct, operate or dispose of tels- phone and telegraph lines and electric lights; to | IaHedSO duy Auu kln0s or buSineSS which be transacted by an individual; to hold, use and en- joy the same, and to slienato, sell lease. denIso and dispose of same, of any part thereof as well as of any other property this corporation may possess, acquire be seized o entitled to- sud to hypothecste, mortgage pledge all or any part of the property of this corporation or which It may ir any manner hereafter acquire and to issue I,e promissory notes, mortgage bonds, dsbeutures or fhar ..;I tho objects and purposes herein stated.
 The directors of tbis corporation shall have full power and authority to purchase or acquire any of the foregoing property property rights, or ao5 other property that In their judgment seems tos the beso interests of the company; to acquire sod to issue and use in payment thorefor the capital stock of this corporation, it's mortgage bonds srd desentures or other written evidence of indebted ness, or the money thereof in such amounts and to such extent as they, said Directors may determine such capital stock to hc so used in reyneut st ts full psr value.
 \. ARTICLE III The place where this corporation proposes to have
 its principal office and place of business Is in the village of Yuma, County of Yuma Territory of Ari. zonG, with chief branch office in the city of Lok Angeles, County of Los Angeles and State of Cali. fornia and othor offices at such places as ths Board of Directors may establish elsewhere.
 ARTICLE ".
 The amount of capital stock Of this corporation | shall be two hundred and fifty thousand doIlars (s25o,0oo) divided into tRsnty-ayc hundred tsSoo, shares of the par value of ono hundred doilsrs (sloo] each; and the tune when and the conditions upon which it is to be paid are as follows:
 The whole par value thereof shall be paid I'm. medistey upon making the subscription therefor. and the same shall also be doomed fully paid u,, when used, as provided in Subdivision II hereof Ia purchasing or acquiring any of the aforesaid property; and the said stock shall be issued e fully paid up, and shall be noa-assessahe tAsre- after; and no personal liability shall De attached tn the holders of said stock
 : ARTICLE V.
 The amount of the psr value of each share of t1e capital stock of this corporation sasn be one hur-- dred dollars ls100
 ARTICLE VI The highest amount of indebtedness or liability. direct or contingent, to which this corpora.ion i, st any time to be subjected to subject itself Ia the sum of one hundred and stty thousand, slSe. e00, dollars
 fi ARTICLE VII. , The stockholders of this corporation, and tAs,r private property, shall be exempt from any nablIte for the corporate debts of this corporation. |: ARTICLE VIII. The affairs and business of this corporation Aec to bs and shsll be conducted by the Board of DI. rectors consisting of seven, 2. persons, who shall be elected annually by the stockholders thereof at such time and in such manner as shall be DIV. serieed by the Bylaws of this corporation and eli of whom shall be stockholders or subscribers % , the capital stock thereoi.
 The following named persons who are suhsoribe~, to the capital stock of this corporation shall eor- stitte the Board of Directors of this corporation until the second Tuesday in January, l9oo and un til their successors, duly qualified shall be ei,cSj or appointed:
 Alphonso B. Smith,
 Charles V. stansbury,
 John Ronmel
 ,I Benjamin Kohlmeier
 Edwin F. Smith,
 James B. Hughes and
 Abram L. Mc0ue.
 If any Director shall at any tins cease to be e stockhodsr, he shall also oesse to be such airecso, Vacancies in the Board of Directors shall he ailsA by appointment made by the unanimous vote Of the remaining members Of the Board. 1 Immediately, or as soon as practicable eftsr the filing of these Articles in the office of the County Recorder of the Ounty of Yuma, the persons hsre- } inbefore named as Directors to serve until eAs second Tuesday in January, A. D. Ieee. shall nees and organize Board of Directors, adopt By-Laps and prescribe in said By-Lavs tAs method os eall. ing the meetings of the Board oi Directors or sock holders. Not less than five members of the Board of Di- rectors shall constitute quorum of said Besea for the transaction of business. And whenever slx or more of such Directors present. and sign con. sent to meeting the minutes, the same sAAIl be valid meeting without any notice. ARTICLE IX-
 The Board of Directors of this corporation sLsii have power to establish Bylaws and mako aIl rules and regulations deemed expediert for the man agenent of the business and affairs of this corpora- tion and the control of the officers thereof and to appoint all experts, engineers, attorneys and osAos persons or employees to act agents representa- tivsS of this company residing either n the Unieed States in other countries and to ix thsir sslsS- es, and also to exercise any and all other powers | needful or necessary to conduct os carry on sae business or affairs of said corporation in sll Ios | branches.
 ! Said Board of Directors and the stockksSdsrs | thereof, shall have power and authority to, hold their meetings either at the principal ofHoe and place of business of said company, at the vlIaesoe Yuma, aforesaid or at the chief branch ofnee In the City of Los Angeles, Calif, or at the o:hes