The Arizona sentinel., 1899-07-15

selling and dealing in all kinds of electrical appliances for driving machinery, as mo- tive power for propelling any and all kinds of mechanical appliances when electricity CT other power is applicable; telephone and telegraph lines, and electrical lights to transact any and all kinds of business which may be transacted by an individual j; to hold, use end enjoy the same, and to aHenate, sell, lease, demise and dispose of tbe same, or of any part thereof, as well as ot 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 mortg }ges, bonds, debentures or other written evidences of indebtedness, for the objects and purposes herein stated
 The Directors of this Corporation shall 1 have tldl 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 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 a 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.
 Ihe capital stock of this Company shall be Two Millions of Dollars C$2,OOO, ,OOO), divided into Four hundred thousand (4OO,- OOO) shares of the par value of Five ($5,OO) 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 -assessable there 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 1 shall be Five Dollars C$5.0O. VI.
 The highest amount of indebtedness or liability, direct or contingent, to which this Company is at any time to be subjected, or subject itself to, is the sum of Five hun dred thousand dollars ($5OO, ,OOO) 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 holders, at such time and in such manner as shall be prescribed by the Bylaws of this Corporation, and all of whom shall be stockholders, or subscribers to the capi- 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, until the first Wednesday after the first Monday in April 19OO and until their successors, duly qualified shall be elected or appointed:
 John P. Jones, Stephen w Dorsey, James Simmons, J, B. M. Grosvenor, Will liam H, Reynolds, John II. Carpenter, Joseph L. Redondo.
 If any Director shall cease to be a stock holder, he shall cease to be a Director. Vacancies i'll 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 Wednes- day after the first Monday ill 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 business,
 TX.
 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 acta agents or repre- | of this Company, residing III the United States or other countries, fix their salaries and exercise all powers need i ful to conduct it's business, ill all its | branches.
 In witness whereof, We have hereuntO set our hands and seals, this 18th day of April, 1899.
 STEPHEN w DORSEY, (sEAL)
 VIM. H. REYNOLDS, (sEAL)
 STATE AND COUNTY OF NEW YORK ss
 Before ne, sherman W. Ford, a Notary Public ill and for the said County and State aforesaid, on this day personally appeared 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 rL I. l,+ I