The Arizona sentinel., 1899-07-29
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selling and dealing in all kinds of electrical i appliances for driving machinery, as mo- i tive power for propelling 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 alienate, 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 Jges, 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 its members, which shall have power to do and perform any and all ot 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 O 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$2,0O0, GOO divided into Four hundred thousand C4OO. O00) 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 a follows: The whole thereof immediatel, upon making the subscription therefor, ant
 the said stock shall be fully paid up whel r 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 C$5OO). VI.
 The highest amount of indebtedness (
 liability, direct or contingent, to which th Q Company is at any time to be subjected, ( subject itself to, is the sum of Five hun dred thousand dollars ($5OO,OOO). VII. The Stockholders of this Corporatio l and their private property, shall be eXeml l from the corporate debts of this Corpor; r ton.
 VIII.
 !. The affairs of this Corporation are to and shall be conducted by a Board of D . rectors, consisting of seven persons wh ! shall be elected annually by the stocl :. holders, at such time and in such mann, k as shall be prescribed by the Bylaws y this Corporation, and ali of whom sha s be stockholders, or subscribers to the cap II II tai stock of this Corporation. The follow
 ing named persons who are subscribers - the capital stock of this Corporation, sha W constitute the Board of Directors of tn ' Corporation, until the first Wednesda
 after the first Monday in April 1900, al 1 until their successors, duly qualified, sha be elected or appointed:
 John P. Jones, stephen W. Dorse
 James Simmons, J, B. M. Grosyenor, Wi
 liam H, Reynolds, John H. Carpente Joseph L. RedondO.
 $ If any Director shall cease to be a stOc C holder, he shall cease to be a Directo Il Vacancies in the Board of Directors sha l. be filled by the remaining members of Il
 Board.
 e Immediately, or as soon as practical, a T. ter the filing of these Articles in the Ot1i( T of the County Recorder of the County r Yuma, the persons hereinbefore named {; I Directors, to serve until the first Wedne
 day after the first Monday in April, 190
 shall meet and organize a Board of D , rectors, adopt Bylaws, and prescribe : said Bylaws the method of calling tn , meeting of the Board of Directors (
 stockholders.
 A majority of the Board of Director shall constitute a quorum of said Board fc the transaction of said business, K.
 The Board of Directors of this Corpora
 ton shall have power to establish Bylaw
 and make all rules and regulations deeme l expedient for the management of affairs ( this Corporation, and the officers thereo and appoint experts, engineers, attorney and other persons to act as agents or repro , sentatives of this Company, residing l the United States or other countries, fl their salaries and exercise all powers need ; full to conduct its business, in all ii branches.
 In witness whereof, We have hereuEt set our hands and seals, this 18th day C
 April, 1899.
 STEPHEN w DORSEY, (sEAL) WM. II. REYNOLDS, (sEAL) STATE AND COUNTY OF NEW YORK }ss Before me, sherman W. Ford, Notar Public in and for the said County and Stat aforesaid, on this day personally appearet stephen W. Dorsey and William II. Key holds, personally known to me to be tn persons described in and who executed tn ; foregoing instrument, and they and eacl