Arizona republican., 1901-02-07

I corporations, and while the hold<e | thereof, to exercise all the rights and privileges of ownership, Including the right to vote on sock to the same ey- tent as Q natural person might oC could | do,
 1 (4a) rrhe corporation shall have ex- press power, as fully as an individual might do, to issue bonds, debentures and evidences of indebtedness of all kinds. whether secured by mortgage or otherwise. an without limit as to amn'r;. A.s we: IS to secure the same J lly ..ortgage. pl, re or otherwise. 1 (50) To guaraL!ee the payment of l dividends or int. est on any shares, stock. debentures IT other securities issued by, CT any ot CT contract or ob- ligation of, any cor. ration whenever proper or necessary for the business of this corporation. in tl. opinion of the directors or the executive committee.
 (5D 10 purchase. lease, exchange, hire, or otherwise acquire, any and all | rights. privileges. permits or fraa- | chises, suFtable or convenient for any | Of the purposes of sts business; to erect and construct, make. improve or aid or subscribe toward the consiruc- ton, making and improvement of mills, factories, stcre- houses, buildings, roads, cocks, piers, wharves. houses for employees and others, and works of all kinds; and in conjunction with and in furtherance of the general business and purposes of the corporation as above described. to construct, lease. own, op- crate or sell any transportation line or lines. in any territory. state or coun- try. subject to the laws of such terri tory. state or country, either directly or through the ownership of Inc stork of corporation formed Or to he formed for the purpose, under the laws of such territory, state or country,
 t59 To manufacture, purchase, or otherwise acquire, to hold, own, mort gage. pledge. sell, assign and transfer. or otherwise dispose of, to invest, trade, deal in and eeal with goods, wares and merchandise and property of every class and description.
 (5O To acquire the good will, rights and pHoperty, and to undertake the ! whole or any part of the assets and liabilities of any person, firm. associa- tion or corporation, and to pay for the same in cash, stock of this company, bonds or otherwise.
 (5D To enter into, make, perform and carry out contracts of every kind, with any person. firm, association, corporation. without limit ss to amount. to draw. make. accept, en- dorss, discount, execute and issue pronnissory notes, bills of exchange. warrants, bonds, debentures and other | ial l,I nr tyn fa, Ia inc t.tt- ments.
 t56 To do any or all things herein sct forth as objects, purposes, powers or otherwise. to the same extent and az fully as natural persons might or could do. as agents, trustees, or in conjunction with any other person, firm, association or company or other wise, and in any part of the world. ,(56) To conduct its business in all 1 its branches, and to nave one or more offices; to carry on all or any of it's operations and business. and unlimit- edly and without restriction to hol1. purchase, mortgage, lease and convey real and personal property, and to con- duct it's business in any territory, state or colony of the United States, and in any foreign country or place, but sub- ject always to the laws thereof.
 (5D Subject to the provisions of law, to purchase. hold and reissue tn, shares of its capital thereof.
 IN GENERAL, and In connection with ahe foregoing. to carry on any business, whether mining. manufac- turing or otherwise. and to have and to exercise all the powers mentioned | tvx \, ,tr nhn oNI .,.u not absolutely prohibited by the laws of the territory of Arizona; 1t being hereby expressly provided that the foregoing enumeration of specific powers shall not be held to limit or restrict. in any manner, the powers of the corporation, which shall have full power to do all ana everything neces. sary, suitable. convenient or proper for the accomplishment of any ot the purposes, or the attainment of any one or more of the objects herein enumerated, or of the powers herein named, or which shall at any time ap- pear conducive or expedient for the protection or benefit of the corpora tion. either as holder of, or interested In. any property or otherwise.
 1t Is the intention that the objects and powers specified, and clauses con- tained in this thdrd article shall, ex- cept where otherwise expressed in said article, be nowise limited or restricted by reference to, or inference from the terms of any other clauses of this or any other article, paragraph or clause | in this charter, but that the objects and powers specified in each of the clauses of this article shall be re- garded as independent objects and | powers.
 Fourth: The to;al authorized cap ital stock O. the corporation Is Thirty Million Dollars Cs30, ,O0O, ,O00), divided into One Million Two Hundred Thou sand Q,200,00O) shares of the par value of Twenty-Five Dollars (s25) each.
 Of such total authorized capital stock. Four Hundred Thousand (400,- 000) shares amounting at par to Ten Million Dollars, ($1O. .O0OOOO). shall be preferred stock, and Eight Hundrel | Thousand Cs0O,000) shares, amounting Lat par to Twenty Million Dollars | ($20, GOO, ,000). shall be common stock.
 The righis, privileges and conditions Following, shall attach to the shares aforesaid that is to say: The pre- ferred stock shall have prior lien to | I.Ao nH