The Arizona sentinel., 1899-05-20

sel ill and dea ing in all kin ls of electrical 1 appliances for driving machinery, as mo- ] tive power for propelling any and all kinds 1 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 ol 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 il may in any manner hereafter acquire, and issue it's mortg ges, bonds, debentures or other written evidences of indebtedness, for the objects and purposes herein stated.
 The Directors of this Corporation shall have iull 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 i'll 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 its principal office and place of business, is in tie 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 2G00,000) divided into -Four hundred thousand 100 0O0) 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 as follows: The whole tn 2reof immediately upon making the subscription therefor, and the said stock shall be fully paid up when Issued and shall be non n-assesSable there efter, and no personal liability shall be attached to the holders of the stock thereof.
 V.
 The amount of the par value of each share of the Capital Stock of this Company shall be Five Dollars $5.OV-
 VT,
 The highest amount of indebtedness ol liability, direct or contingent, to which thi' Company is at any time to be subjected, ol subject itself to, is the sum of Five hun dred thousand dollars $500 O00J.
 VII.
 The Stockholders of this Corporation and their private property, shall be exemp from the corporate debts of this Corpora ton.
 
 The affairs of this Corporation are to b. and shall be conducted by Board of Di rectors, consisting of seven persons wh( shall be elected annually by the stock holders, al such time and in such manne as shall be prescribed by the Bylaws O this Corporation, and all of whom shal be stockholders, or subscribers to the capi tai stock of this Corporation. The follow ling named persons who are subscribers t. the capital stock of this Corporation, shaI constitute the Board of Directors of thi Corporation, unhI the first Wednesda! after the first Monday in April, 1900, anC until their successors, duly qualified, shal be elected or appointed:
 John P. Jones, stephen ". Dorsey James Simmons, J, B. Nj. Grosvenor, Wi liam II. Reynolds, John H. Carpenter Joseph L. Redondo.
 If any Director shall cease to be stock holder, he shall cease to he a Director Vacancies in the Board of Directors shal be filled by the remaining members of th, Board
 Immediately, CT as soon as practical, af ter the filing of these Articles in the office of the County Recorder of the County O T Yuma, the persons hereinbefore named a, Directors, to serve until the first Wed eS day after the first Monday i'll April. 1900 shall meet and organize Board of Di rectors, adopt Bylaws, and prescribe in said Bylaws the met nod of calling the meeting of the Board of Directors or stockholders.
 A majority of the Board of Directors shall constitute quorum of said Board fol the transaction of said bus ness.
 TX.
 The Board CT Directors of this Corrora- ton shall have power to establish Bylaws, and make al rules and regulations deemed expedient for the management of affairs Oi this Corporation, and the officers thereof and appoint experts, engineers, attorneys and other persons to act as agents or repre- >eutatives of this Company, residing in the United States or other countries, fix their salaries and exercise all powers need ful to conduct it's business, in all its branches.
 In witness whereof we have hereunto set our hands and sea s, this 18th day of April, 1899.
 STEPHEN ". DORSEY, (sEAD
 WI. II. REYNOLDS. (sEAL) STATE AND CoUNTY OF NEW YORK }ss Before -.e, Sherman W. Ford, a Notary | Public in and for the said Count! and State aforesaid, on this day personally appeared stephen w. Dorsey and William II. Key holds, personally known to me to be the persons described in and who executed the ] Ilregninr instrument. and They and each