Arizona silver belt., 1899-07-06


 boarding houses. hotels to do general mer chandise business; to acquire by purchase, lo cation and in any other lawful manner real | estate. lands and all other kinds of property | real personal and mixed to lay ont construct | and acquire by purchase in any other law l f,ll manner, and accept hold. possess enjoy operate use franchises from any state or ter ritory of the United States. dr any county or municipal or private corporation. wagon | roads mills. factories houses capital stock and bonds of corporations, chattes goods wares and merchandise choses in action to | buy manufacture. sell and deal in all kinds of l property, real personal and mixed electrical appliances for driving machinery motor ] power for propeng any and all kiuds Of me chancal appliances where electricity is ap- ! pcabe telephone and telegraph lines eiec- i trc lights transacting any and all kinds of | business which may he transacted by a nat ural person: to hold. cultivate prove up use i and enjoy the same. and to alenate. sell | lease. demise and dispose of the same or any | part thereof, as well as any other property | this corporation possesses, be seized or or De entitled to; to borrow money and contract to repay the same at such time or times and with suchrate or rates of interest lis it's board of directors deem proper and ht. and to hy pothecatc mortgage or pledge all or any part of the property which thls corporation may hereafter acquire to secure payment of such money with interest or to secure the pay ment of any debt Of this corporation with | such interest thereon as it may be legally ob- liged to pay,
 The time of the commencement of this cor poration shall be the day of the filing of these articles for record in the ofiice of the County Recorder Of the County Of Gila in the Terri. tory of Arizona and the termination thereof shah he twenty. five years thereafter
 1E
 The amount of the capital stock of this cor poration shall be one million dollars (sl,G0e00. divided into hundred thousand shares Of the par value of ten dollars tSI0) each, and the time when and the conditions upon which il k to he paid are as follows. to-wt: The whole of said capital stock shall he paid in in property necessary for the purposes of the corporation upon resolution of the board of directors and evidence of title and value satisfactory 10 them
 The affairs or this corporation are to be and shall he conducted by board of directors consiStidg of nine 60 persons who shah be elected annually by the stockholders at such time and manner as shall he prescribed by the by-laws of this corporation. The above named iucorporators shall be subscribers to this certificate and no person shall be eligible to the onlce of director unless he s stock holder in the corporation, said board of direc- tors shall have power to iil vacancies in their number and may elect such oilicer~ and ap. point such committee or committees from their own number to aid in the management of the business and in the con&ucting Of the affairs of said corporation as they may see fit and vest in such oftcer and said committees al such powers as they may deem expedient The following named persons i've of whom are subscribers hereto shall constitute the board Of directors Of this corporation for the first year and until their successors duly quail. fled shall be elected to.wit: Henry A. Fry Charles F.. Coloney. Ernest l.. Tustin James A. Fleming. John T. Donneilan Edwin J Houston. Edward w. Patton. Franklin L. Saunders aad Jame> DobSOn. and thereafterif any director shall cease to be a >tockholder he shall cease toahe a director inmediately or as soon as practicable. After the filing of these articles in the ofiice of the County Re. corder of the County of Gia Territory of Ari- zona the persons named herein as directors to serve for the first year and ntil their sue ceSsors, duly qualified shall be elected shah meet and organize board Of director, adopt by laws and prescribe in said bylaws the method of calling meetings of the board of directors and stockholders
 VI
 The highest amount of indebtedness, or lia- Dility. direct contingent to which this cor. poratlon k at any time to be subiect is the sum of twenty-five thou,anp dollars t>,5OOo
 VII
 The stockholders of this corporation and their private property shall be exempt from the corporate debts of this corporation The board of directors of this corporation shall have power to establish by laws and make all rules and regulations deemed expe dient for the management of the affairs Of this corporation and the officers thereof not inconsistent with the constitution and the laws of the United States and the laws of this i territory
 In witness whereof we nave hereunto set our hands and Seals this 18th day of June A. D 1892 HENRY A. FRY
 JAMES .l. FLEMING
 CHAS. F. CoLONEY
 JOHN T. DONNELLAN
 ERNEST l.. TUSTIN TERRITORY oF ARIZONA,