Arizona republican., 1901-10-13
Board of Directors may by resolution

l To purchase, lease, bond, locate or i otherwise acquire. own. exchange. sell or otherwise dispose of, pledge, mort gage, hypothecate and deal in mines, | mining claims, oil lands. mineral lands. ! oil, gas, asphaltum. petroleum. water | and water rights. and to work mine, explore and develop the same; to do d general real estate and mercantile bus mess; to own, handle and control let ters patent and inventions: to borrow money and execute mortgages or deeds of trust to secure the same. and In gen eral to do all things necessary to the proper conduct Of the business of this corporation in the Territory and else where, not inconsistent with the laws of the United States and the Territory of Arizona.
 Third: The authorized amount of capital stock of this corporation shaIl be Ten Billion Dollars ($10 0O0. coo 0O0) divided into ten billion shares of the par value of One dollar C$1.0O) each. At such time as the Board of Directo $ may by resolution direct. said capital stock shall be paid into this corporation either in cash or by the sale and trans- fer to it of real and personal property for the uses and purposes of said cor poration in payment for which shares of the capital stock of said corporation
 
 SO issued shall theTsupon and thereby become and be fully paid up and non assessa bIe.
 Fourth: The time of the commence ment of this corporation shall be the date of the filing of these articles # incorporation in the office of the Sec retary of Arizona. and the termination thereof shall be twenty-five years thereafter.
 
 tion shall be conducted by Board of Three (to be increased by Directors by law) who shall be elected annually by the stockholders of the corporation.
 Sixth: The highest amount of in- debtedness or liability. direct or contin- gent. to which this corporation is at any time subject shall be two-thirts the amount of the capital stock.
 Seventh: The private property of the stockholders and Directors of this corporation shall be exempt from cor porate debts of any kind whatsoever.
 To issue stock (Common and Pre- ferred) Bonds, Coupon Bonds and Scrip. .fr
 To buy. sell and manufacture iron. steel. manganese. coke. copper. lead. silver. lumber and other materials and all minerals and products, into any and all kinds of merchantable articles and products
 To own and operate smelting and re- duction works and carrying on the business properly pertaining to su-h works and improvements.
 To establish and conduct hotels. re- works. water works. building and loan associations and transacting the bust ness pertaining thereto.
 To act as trustee, assignee, guardian, eXecutor or receiver.
 To construct ships and build cars an9 engines.
 To do a general contracting business.
 TO acquire. own. lease, occupy. use or develop lands containing coal, iroI, stone. marble or other minerals or ores or oil. asphaltum or any wood lands 0- other lands, to buy. sell, mine, extract and remove the same.
 To construct bridges, buildings. rail roads. harDors. docks. slips. elevators. water lifts. pipe lines. electric works. viaducts. acquedUcts. dikes and canals and other water ways and any other means of transportation of persons and goods, to maintain. operate and sell and dispose Of the same except that the company shall not construct or operate any railroad, tramway. turnpike or canal in the Territory of Arizona ex-
  cipaI works or place of business to some naviga bIe stream or to some ex- istins railroad, turnpike or public highway.
 To buy own. lease. sell and convey the right of way upon which to con struct railroads. canals and highways.
 To act as and employ agents and 10 other and similar occupations and buSi- nesses-
 To construct maintain and operate telegraph and telephone lines, ferries and lines of stages.
 To supply light. heat and electric motor power to the public by any means.
 To conduct and engage in the print ing and the publishing business.
 To buy. subdivide and sell real prop erty in towns and cities and villages.
 To promote immigration and colorI- zation.
 To buy. sell. construct. operate and dispose of street railways. To buy. sell. construct. maintain and operate dams. reservoirs. lakes. wells. fumes. laterals and other necessary appurtenances for the purpose of irri- gation. navigation, milling, mining farming, stock raising and city water works.
 To raise buy and sell live stock.
 To grow. sell and purchase Seeu'' plants and trees for agriculture. horti- culture and ornamental purposes.
 To grow. buy and sell fruits, vega tobacco. sugar cane, Ssc., and to them into merchandise products. To buy. sell. construct, maintain and operate mills, oil refineries, sugar mills and refneries. saw mills and lumber machinery gins. Cotton compressors, grain elevators. wharves and pubic warehouses for the storage of all prod ucts and commodities and the pur- chase. sale and storage of products ani by grain elevator and public warehouse companies and the Inn ,,ir,o- of rn1cnev hN- such elevator and