Arizona republican., 1901-02-10

by this or any other corporation or corporations and while the holder 1 thereof. to exercise all the rights and 1 privileges of ownership, ircludfng the l right to vote on sock to the same ex- tent as natural person. might or could do.
 t49) rnhe 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 I ar1c''@', ;lS we. IS to secure the same ! U ,..ortgage, pl, ye or otherwise. 1 (50) To guarai ee the payment, Of dividends or int, est on any shares, stock. debentures nr other securities issued by, CT any ot CT contract or ob- ligation of. any cor ration whenever proper CT necessary for the business of thls corporation. In the opinion of the directors or the executive committee. (5D To purchase. lease, exchange, hire, or otherwise acquire. any and sll rights. privileges, permits or fral- t.,ises, suitable or convenient for any of the purposes of tts business; to | tIttl anu cOtFStTuCt, Hldkt, lIppTONe UT aid or subscribe toward the construc- ton, making and improvement of mills, factories, store -housesi, buildings, roads, cocks piers, wharves. houses for employees and others. and works of all kinds; and in conjunction with and in furtherancc of the general business and purposes of the corporation as above described. 10 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 .hc stock of a corporation formed or to he formed for the purpose. under the laws of such territory. state or country. (52) 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 deal with goods, wares and merchandise and property of every class and description.
 t5O To acquire the good will, rights and property. and to undertake the whole or any pa:t of the assets and liabilities of any person. firm, associa-
 
 same in cash, stock of this company, bonds or otherwise.
 G4) 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-
 dorse, discount, execute and issue
 prolnisyory notes, bills of exchange, warrants, bonds, debentures and. other
 negotiable or transferable instru- ments.
 (55) To do any or all things herein set 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 : its branches, and to nave ono CT more
 offices; to carry on all or any of it's operations and business, and unlimt-
 edly and without restriction to hold,
 purchase, mortgage, lease and convey real and personal property, and to con-
 duct its business in any territory, state
 
 ! any foreign country or place, but sub- , ject always to the laws thereof. , (57) Subject to the provisions of law, to purchase, hold and reissue th> . shares of its capital thereof.
 7 IN GENERAL, and in connection with the foregoing, to carry on any business. whether mining. manufac- turing or otherwise, and to have and ? to exercise all the powers mentioned in this charter, and all other powers . not absolutely prohibited by the laws of the territory of Arizona: 1t being hereby expressly provided that the foregoing enumeration ot 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 and everything; neces. } sary suitable. convenient or proper for the accomplishment of any of 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 cxpedient for the protection or benefit of the corpora tion, either as holder of, or interested in. any property or otherwise. It Is the intention that the objects
 and powers specified, and clauses con- ! tained in this third 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 total authorized cap
 ital stock O. the corporation is Thirty
 Million Dollars ($3O O00, ,00O), divided ] Into One Million Two Hundred Thou
 sand Q.200 0O0) shares of the par value
 of Twenty-Five Dollars (s25) each. Of such total authorized capital
 stock, Four Hundred Thousand (400.- 1, 000) shares. amounting at par to Ten
 Million Dollars slO.OOO,OOO), shall be.
 preferred stock. and Eight Hundred ] Thousand (s00.000) shares. amounting
 at par to Twenty Million Dollars
 ($20. .000, ,000), shall be common stock. !, The righ,s, privileges and conditions
 following, shall attach to the shares
 aforesaid, that is 10 say: The pre-