Arizona republican., 1901-09-20

1 anu ltttlSAtT SlltlNllS anu Slalipln5
 mills and other mining machinery; and
 to engage in the business of smeIting,
 refining or otherwise dealing in ores.
 metals, and minerals of all descriptions. D. 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. 1 transfer and dispose of all kinds -s,f
 property, real. personal and mixed of : every name and nature for the prom1- | tion. improvement advantage, or ac-
 complishment of the purposes of the
 corporation in the conduct of the pusi-
 ness thereof.
 1 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 ,1
 the same and grant licenses, rights
 concessions, powers and privileges in
 relation thereto. To purchase.
 quire, hold, and dispose of stocks
 bonds. shares and other evidences of in-
 cebtedness of any other corporation.
 iGn or domestic. organized for any
 or either of the foregoing purposes and to issue it's own stocks, shares. bon'ls. script. and other evidences of indebted
 ness to the amount of the value there | any and all rights powers and privi
 leges of the owners of such shares. stocks. bonds. other evidences Of debt: to borrow or raise money by the issuing. pledge Gr sale of bonds. script. debentures or stock. or in any other lawful manner and to nfartgage pledgS or convey corporate property by deed of trust or mortgage to secure such bonds. debentures or other evidences Of debt.
 $. To carry on any other business which may seem to the company cap able of being conveniently carried on i7 connection with the above or calculated directly or indirectly 10 enhance the value of the company's franchises. property or rights.
 t. To do all such things as are inc,- dental or conducive to the attainment nf the foregoing objects.
 u. To deal in goods, wares. merchan- disc and property of every class anu description and generally to purchase take on lease, exchange. hire. other wise acquire real estate UT personal property, or any rights or privileges which may be deemed useful. conver lent. necessary or desirable in the bus ess of the corporation.
 V. To do any and all of the things hereinbefore set forth to the same ex- tent az natural persons might or could do as trustees. agents. contractors or otherwise.
 THIIU: The amount of capitll stock authorized is One Million dollars number of shares in which it is divided is 1.cOo.0c0 shares Of s100 each all of which shall be common shares; whi .l ! capital stock is to be paid in a the ! time and upon the conditions follow i ing, viz:
 The said capital stock may be issued | for cash or as purchase price for lands I or interest in leases on lands, including | oil and gas. and mineral leases, or in f exchange for real estate. rights or in- 1 terest in real estate or for patents. 'i- l censes or any other property. or for work labor and services as the Boa-I | or Directors shall deem to be for the | best interests of the corporation; at least one-tenth Q-IO) 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 tr-- on the value Of any property. rights or interests thereon to be az quired by the corporation. O Of services thereto. shall be conclusive.
 The Board of Directors shall have power to fix the amount to be reserved ns working capital and to authorize ana cause to be executed mortgages and liens upon the personal property of the corporation. The corporation ray in its bylaws confer additional powers upon the Board of Directors not incon- United States and the laws of the Ter ritory of Arizona.
 FOURTH: The time of the com of the corporation shall be the date of the recording of these Ar ticles, and the time of it's termination the 2sth day of August. 1926.
 FIFTH: The officers of said corpor- ation 10 conduct it's affairs shall be q l. board of directors. seven il numbar. ows:
 Names: Residences. \. Rix. Hot Springs. Arkansas. A. A Daugherty. New York. New Toris A. T. Davis. Eiyria. Ohio.
 5. r. Ceilings. Hot Springs. Arkansas. T.. Ceilings. Hot Springs. Ark. Benj. r. Snyder, Washington. D. C. Henry " hyar. Camden. Arkansas. H hich directors shall be elected the first Tuesday in September of each year. in the manner fixed by the by avs. The corporation shall have the power by it's bylaws to increase or diminish such number of directors ic and to elect other or additional directors.
 SIXTH: That the highest amount of and liability to which the 1t any time is to subject tself is Twenty-Five Thousand ($25.0G0) Dollars.
 SEVENTH: That the private prop erty of each officer ana stockholder is Q be exempt from all corporate debts.
 IN WITNESS WHEREOF, we have lereunto set our hands and seals the : 'Sth day of August, 1901.
 CHAS. N. RIX, (Seal)
 HOWARD P. COLLINGS. (SeaL)
 A. A DAUGHERTY. tSeal) state of Arkansas. County of Gar