The Arizona sentinel., 1899-07-08


 selling and dealing in all kinds of electrical appliances for driving machinery, as mo- tive power for propclling any and all kinds of mechanical appliances when electricity CT other power is appIicabe; 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 it's mortg tges, bonds, debentures or other written evidences of indebtedness, for the objects and purposes herein stated
 The Directors of this Corporation shall have tull 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, it's 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 of 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 place,
 as the Board of Directors may establish il
 London, Paris, Havana, San Juan, anc
 Porto Rico.
 ".
 The capital stock of this Company shal
 be Two Millions of Dollars C$2, ,O0O, 900
 divided into Four hundred thousand C4O0, 0o0) shares of the par value of Five (S5,O0
 Dollars each; and the time when and con
 ditions upon which it is to be paid are a
 follows: The whole thereof immediatel upon making the subscription therefor, an
 the said stock shall be fully paid up whc issued and shall be non -assessable there after, and no personal liability shall b
 attached to the holders of the stoc
 thereof.
 The amount of the par value Of eac
 share of the Capital Stock of this Compan shall be Five Dollars $500). VI.
 l The highest amount of indebtedness (
 liability, direct or contingent, to which tn Q Company is at any time to be subjected, ( subject itself to, is the sum of Five hun dred thousand dollars t$jO0,0O0). VII.
 The Stockholders of this Corporate n and their private property, shall be eXemI D from the corporate debts of this COrpor r ton.
 The affairs of thls Corporation are to l and shall be conducted by Board of [ e rectors, consisting of seven persons vi I shall be elected annually by the stOc ;. holders, at such time and in such mann l; as shall be prescribed by the Bylaws y this Corporation, and all of whom sha IS be stockholders, or subscribers to the caT n tai stock of this Corporation. The folio - ing named persons who are subscribers - the capital stock of this Corporation, sh; ,- constitute the Board of Directors of u ~ Corporation, until the first Wednesd
 after the first Monday in April 1900, al n until their successors, duly qualified, sh D be elected or appointed;
 John P. Jones, stephen W. Dorse
 James Simmons, J, B. NJ. Grosyenor, "
 liam II, Reynolds, John II. CarPent' l. Joseph L. Redondo.
 eS If any Director shall cease to be stoc ie holder he shall cease to be a Direct' Ct Vacancies in the Board of Directors sh l. be filled by the remaining members of t
 Board.
 SC Immediately, or as soon as practical, T. ter the filing of these Articles in the off 7r of the County Recorder of the County l. Yuma, the persons hereinbefore named ol Directors, to serve until the first Wedn'
 day after the first Monday in April, l9
 shall meet and organize a Board of l D. rectors, adopt Bylaws, and prescribe \ said Bylaws the method of calling t Io meeting of the Board of Directors I- stockholders.
 le A majority of the Board Of DirectJ ie shall constitute quorum of said Board y the transaction of said business, le TX
 .e The Board of Directors of this Corpor
 ton shall have power to establish By-Lay
 and make all rules and regulations deem lo expediont for the management of affairs O. this Corporation, and the officers there y and appoint experts, engineers, attorne Y and other persons to act as agents or rep S' sentatives of this Company, residing 7I the United States or other countries, e' their salaries and exercise all powers nee = ful to conduct it's business, in all
 branches
 a- In witness whereof We have herem 'o set our hands and seals, this 18th day " April, 1639
 or STEPHEN W DORSEY, (sEAD le VII. II. REYNOLDS, (sEAD 10 STATE AND COUNTY OF NEW YORK { s' oi Before me, Sherman W Ford, Nota e, Public in and for the said County and St. ''l aforesaid, on this day personally appear Id stephen W. Dorsey and William H. Re or holds, personally known to me to be e, persons described in and who executed Is > 1 ,l o,- ,,,I os