Arizona republican., 1901-09-19

and transfer Smeltlng ana stamping mills and other mining machinery; and | to engage in the business of smelting. refining or otherwise dealing in ores. metals, and minerals of all descriptions. | p. To apply for. obtain. hold, use. operate acquire and dispose of fran chises rights and privileges for any or either of the foregoing purposes. q. To acquire hold, use. enjoy, sell. | transfer and dispose of all kinds If property, real. personal and mixed of every name and nature for the promo tion, improvement advantage. or ac- complishment of the purposes of the corporation in the conduct of the busi- ness thereof.
 | r. To app:y for, purchase or other wise acquire patents for inventions and | exclusive rights under letters patent and to sell .vend. deal with and deal n | the same and grant licenses. rights. concessions, powers and privileges in relation thereto. To purchase. ac quire, hold, and dispose of stocks | bonds. shares and other evidences of in 6ebtedness of any other corporation. 1 foreign or domestic, organized for any or either of the foregoing purposes and | to issue its own stocks, shares. bonds. script and other evidences of indebted ness to the amount of the value there of in payment therefor and to exercise ' al1y anu Gil TlSHtS, pUWeTS anu pTlNl leges of the owners of such shares. stocks. bonds, or other evidences of debt; to borrow raise money by the 1 issuing, pledge or sale of bonds. script. debentureS or stock, or in any other lawful manner and to mortgage pledge or convey corporate property by deed of trust or mortgage to secure such bonds. debentures or other evidences of debt.
 1 |. To carry on any other business which may seem to the company cap able of being conveniently carried on ir. connection with the above or calculated directly or indirectly to enhance the value of the companys franchises. property or rights.
 ! t. To do all such things as are lnc;- dental or conducive to the attainment of the foregoing objects.
 | u. To deal in goods, wares, merchan- disc and property of every class anJ description and generally to purchase. take on lease. exchange, hire. or other wise acquire real estate or personal property, or any rights or privileges which may be deemed useful, conven- lent, necessary or desirable in the busi- ness of the corporation.
 V. To do any and all of the things hereipbefore set forth to the same ex- tent as natural persons might or could QO a6 ITuStetS. 1SGHAS. UT otherwise.
 THIfuu: The amount of capital stock authorized is One Million dollars. number of shares in which it is divided is 1000. 900 shares of s1.00 each all of which shall be- common shares; which capital stock is to be paid in at the time and upon the conditions follow ing, viz:
 | The said capital stock may be issued fo e, lax. .3c- or interest in leases on lands. including oil and gas. and mineral leases, in exchange for real estate. rights or in tereSt in, real estate or for patents, ;i- censes or any other property, or for work labor and services as the Boa -d of Directors shall deem to be for the best interests of the corporations: at least one-tenth Q-1O) of the capital stock shall be issued within one year from the date of filing this certificate. and the balance within five years there after
 The judgment of the Board of Direc- tc-- on the value of any property. rights or interests thereon to be az quired by the corporation, or of services rendered thereto. shall be conclusive.
 The Board of Directors shall have power to fix the amount to be reserved as working capital and to authorize and
 
 liens upon the personal property of the corporation. The corporation nay in its bylaws confer additional powers upon the Board of Directors not incon- sfstent with the Constitution of the United States and the laws of the Ter ritory of Arizona.
 FOURTH: The time of the com mencement of the corporation shall be the date of the recording of these Ar ticles, and the time of it's termination the 26th day of August 1926.
 FIFTH: The officers of said corpor- ation to conduct it's affairs shall be a board of directors, seven in number. whose names and residences are as fo,- ', BOWS:
 Names. Residences. Charles N. Rix, Hot Springs. Arkansas. A. A. Daugherty, New York, New York. A. J. Davis. Elyria, Ohio.
 s. P. Ceilings, Hot Springs. Arkansas Howard P. Ceilings. Hot Springs. Ark. Benj. P. Snyder, Washington, D. C.
 Henry W. IMyar. Camden, Arkansas.
 which directors shall be elected the first Tuesday in September of each year, in the manner fixed by the by laws. The corporation shall have the power by it's bylaws to increase or diminish such number of directors ic desired and to elect other or additional directors.
 SIXTH: That the highest amount of indebtedness and lia bility to which the corporation at any time is to subject itself is Twenty-Five Thousand S25,OO0) Dollars.
 SEVENTH: That the private prop , erty of each officer ana stockholder is to be exempt from ali corporate debts. IN WITNESS WHEREOF, we have hereunto set our hands and seals the 18th day of August. 1901. ii CHAS N RIX Seal ) HOWARD P. COLLINGS. (Seal) A A DAUGHERTY, tSeal) State of Arkansas, County of Gar