Graham guardian., 1900-03-02

manufacture purchase lease or acquire owi
or control or operate reduction works. smel
| ters, teaching plants and all other machner,
and applisnees net essary ther TO; electric ligh
ano power plants and all PATENTS or I,aIen
rights and cory rights pertaining thereto; to re
tine or treat ores of all XII DIS; to purchase. ac
| quire, lease. own. control improve, manaa ae
snbdiVide or dispose of lands tebements anc
franchises aud ali kinds of properly, real
persona, or mixed; to manufacture. buy or sell
all kinds at merchandise and TO do and perform
| al things necessary to carry ont the purposes o
TN company to the best advantage Of its own
ers; to acquire rights OF way for railroads build
acquire, own and operate same, as mty be ne
cessary for the interests OF said corporation. Tu
| issue stock and bonds of this company aud sell
aud dispose of same ana to buy, own, sell ami
convey stocks, bonds and franchises OF other
| companies.
ARTICLE Ill.
The amount OF capital stock shall be the sum
OF 81 Gov. .O0.Uv. divided into one handred thous-
and share, df the par value OF $40 per sh are.
which capital STOCK shall be paid ia on issuing
OF same TO the purchasers thereof.
ARTICLE ~.
The time of commencement of this corpora.
ton shall be the date of the iIing OF these AR
TICLEs of INCORPORATION in the once OF
the County Recorder of the County OF Graham,
in the errItory of Arizona. and the term there.
Ct shall be twenty-five years thereafter.
ARTICLE v.
The highest amount Of Indebtedness or liabil-
ity, either direct ar c,ntipgent to which this
corporation shall at any time subject itself shall
be a sum equal To two thirds of iis capital stock
and the private property of the stock hoiders of
this corporation shall be exempt from liability
for its corporate debts.
ARTICLE vi.
The affairs of this corporation shall be con.
Quoted by board of three directors 10 be elect
ed by the stockholders of the corporation a, the
annual meeting, which shall be held at such
place as may be appointed by the board OF di.
rectnrs and on the second Monday of December
OF each and every year, and until the first an
snual meeting OF the stockholders. the affairs of
this corporation shall be conducted by q. Hin
John A. Qualey ana Ralph r Ogden, who shall
hold Office until their successors are elected and
duly qualified. Vacancies in the board Of di.
rector. shall be filled Dy a msjority Of the other
directors In Office
ARTICLE VIZ.
The officers of this corporation shall be
President, Treasurer and Secretary. and 9, cb
other officers MS may be provided for by the
board of directors, and may be elected Al the
trst meeting of the board of directors.
ARTI LIE VIII
The directors OF this corporation shall have
power TO pass bylaws and make amendments
thereto and this corporation shall have power
and authority { increase or minish Its eapi.
tai stock or to increase or diminish the number
of its board of directors by majority Of the
stockholders represented at any regular or spe.
cial meeting held for that purpose and the fling
OF such proceedings in accordance with the
laws of Arizona Territory.
G, w Hill,
JOHS A. u 'Arrv.
RALPH r OGDEN,
Territory oI Arizona,)
County of Graham. Ss'
Bef're me. Notary Public, In and for the
County of Graham. personally appeared. CIV.
Hill, John A. Qualey and Ralph r. Ogden
known to me to be the persons whore names are
tn the foregoing instrument and
they acknowledged to me that they executed
the same for the purpose and consideration
therein expressed.
In witness whereof, herennto set my hand
and seal. this LIST day of February. 1900.
Ny Com. expires March "a, 1901.
X. s. PATTERSON.
Notary Public.