The Arizona sentinel., 1899-05-27

SCI III < dIlU uea ing Tn all kinuS Of eiectrICai | appliances for driving machinery, as mo- tive power for propelling any and all kinds of mechanical appliances when electricity or other power is applicable; telephone and telegraph lines, and electrical lights; to transact any and all kinds of busin ess which may he transacted by an individual: :: to hold, use and enjoy the same, and to aHenate, sell, lease, demise and dispose O. 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 1 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 mortg ges, 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, 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 rom among its 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 chief branch office in the City of New York, and other offices at such places as the Board of Directors may establish in London, Paris, Havana, San Juan, and Porto Rico.
 The capital stock of this Company shall be Two Millions of Dollars C$2,000, ,OOOl ), divided into Four hundred thousand ( 400, 0O0) shares of the par value of Five $500 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 and the said stock shall be fully paid up when issued and shall be nOn-assessable there after, and no personal liability shall be 4l. # %l,n >,l- 1 thereof.
 | The amount of the par value of each share of the Capital Stock of this Company shall be Five Dollars $500. 1 VT,
 The highest amount of indebtedness or liability direct or contingent, to which this Company is al any time to be subjected, or subject itself to, is the sum of Five hun dred thousand dollars t$5OO,000l
 VII.
 The Stockholders of this Corporation and their private property, shall be exempt from the corporate debts of this Corpora ton.
 VIII.
 The affairs of this Corporation are to be and shall be conducted by a Board of Di- rectors, consisting of seven persons who shall be elected annually by the stock 1 holders, al such time and in such manner as shall be prescribed by the Bylaws O! 1 this Corporation, and all of whom shall | he stockholders, or subscribers to the capl- tai stock of this Corporation. The follow ing named persons who are subscribers to the capital stock of this Corporation, shall constitute the Board of Directors of this | Corporation, unul th1 first Wednesday after the first Monday in April, 1900, and until their successors. duly qualified, shall be elected or appointed:
 John P Jones, stephen W. Dorsey, James Simmons, J. B. NJ. Grosvenor Vii liam H. Reynolds, John H. Carpenter, Joseph L. Redondo.
 If any Director shall cease to be a stock holder, he shall cease to he a Director Vacancies in the Board of Directors shall be filled by the remaining members of the Board
 Immediately, or as soon as practical, af ter the filing of these Articles in the office of the County Recorder of the County of Yuma, the persons hereinbefore named as Directors, to serve until the first Wedres 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 a quorum of said Board for the transaction of said bus'ness,
 TX. The Board of Directors of this Corpora l tion 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 full to conduct its business, in all it's branches.
 In witness whereof, we have hereunto set our hands and sea s, this 18th day of April, 1899.
 STEPHEN w. DORSEY, (sEAL)
 WM. II. REYNOLDS, (sEAD
 STATE AND COUNTY OF NEW YORK Ss Before ne, Sherman w. Ford, a Notary Public in and for the said County and State lforesad, on this day personally appeared stephen W. Dorsey and William H. Key , lolds. personally known to me to be the | persons described in and who executed the instrument, and they and each