The Arizona sentinel., 1899-06-17

selling and dealing in all kinds of electrical appliances for driving machinery, as mo- tive power for propeIling any and all kinds of mechanical appliances when electricity or other power is applicable; telephone and telegraph lines, aud electrical lights to transact any and all kinds of business which may be transacted by an individual; ]; to hold, use and enjoy the same, and to aIienate, sell lease, demise and dispose of the same, or of any part thereof, as well as of any other property this corporation may possess, be seized of or entitled to, and to hypOthecate, mortgage or pledge all or any part of the property of this corporation, or which it may in any manner hereafter acquire, and issue its mortgages, bonds, debentures or other written evidences of indebtedness, for the objects and purposes herein stated.
 The Directors of this Corporation shall have full power to purchase mines, mining rights, contracts, options, mill sites, lands, franchises, patent rights, or any other property that in their judgment seems for the best interests of the Company to acquire, and use in payment therefor the capital stock of the Company, its mortgage bonds and debentures, or other written evidences of indebtedness, or in cash as they may determine.
 An Executive Committee may be ap- pointed by the Board of Directors from among it's members, which shall have power to do and perform any and all Oi the duties of the Board of Directors, and all acts of said Executive Committee shall have the same force and effect as if per formed by the Board of Directors. III.
 The place where the Corporation pro- poses to have it's principal office and place of business, is in the Village of Yuma County of Yuma, Territory of Arizona with a chief branch office in the City ot New York and other offices at such places as the Board of Directors may establish iI London, Paris, Havana, San Juan, and Porto Rico.
 The capital stock of this Company shall be Two Millions of Dollars C$2,000, 900 } divided into Four hundred thousand C400,- 000) shares of the par value of Five ($5,00 Dollars each; and the time when and con- ditions upon which it is to be paid are as follows: The whole thereof immediately upon making the subscription therefor, anG the said stock shall be fully paid up whcr IoT In h Io after, and no personal liability shall be attached to the. holders of the stock thereof
 The amount of the par value of each share of the Capital Stock of this Company shall be Five Dollars $5.OO). VI,
 The highest amount of indebtedness ol liability, direct or contingent to which this Company is at any time to be subjected, ol subject itself to, is the sum of Five hun dred thousand dollars ($500,O00J VII.
 The Stockholders of this Corporation and their private property, shall be exemp from the corporate debts of this Corpora ton.
 The affairs of this Corporation are to bC rectors, consisting of seven persons who shall be elected annually by the stock holders, at such time and in such manner as shall be prescribed by the Bylaws O this Corporation, and all of whom shal be stockholders, or subscribers to the capi tai stock of this Corporation. The follow ing named persons who are subscribers tC the capital stock of this Corporation, shal constitute the Board of Directors of thi' Corporation, until the first "Wednesday after the first Monday in April 1900, anC until their successors, duly qualified, shal be elected or appointed:
 John P. Jones, Stephen W. Dorsey James Simmons, J, B. NJ. Grosvenor, Vii liam H. Reynolds, John II. Carpenter l Joseph L. Redondo.
 If any Director shall cease to be a stock l holder, he shall cease to be Director Vacancies in the Board of Directors shal be filled by the remaining members of the Board. Immediately, or as soon as practical, at ter the filing of these Articles in the office of the County Recorder of the County ol Yuma, the persons hereinbefore named as Directors, to serve until the first Wednes- day after the first Monday in April, 1900 shall meet and organize a Board of Di- rectors, adopt Bylaws, and prescribe in said Bylaws the method of calling the meeting of the Board of Directors or stockholders.
 A majority of the Board of Directors shall constitute quorum of said Board for the transaction of said business,
 K.
 The Board of Directors of this Corpora ton shall have power to establish Bylaws, and make all rules and regulations deemed expedient for the management of affairs of this Corporation, and the officers thereof, and appoint experts, engineers, attorneys and other persons to act as agents or repre- sentatives of this Company, residing in the United States or other countries fix their salaries and exercise all powers need ful to conduct its business, i'll all its branches.
 In witness whereof, we have hereunto set our hands and seals, this 18th day of April 1899.
 STEPHEN w. DORSEY, (sEAL)
 WM. H. REYNOLDS, (sEAL)
 STATE AND COUNTY OF NEW YORK }ss
 Before me, Sherman W. Ford, Notary Public in and for the said County and State aforesaid, on this day personally appeared stephen w. Dorsey and William H. Key holds, personally known to me to be the persons described in and who executed the foregoing instrument, and they and each of them acknowledged to me that they and