Arizona republican., 1901-09-21

10 engage m tne business or SHleltlnS, 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 prom J. ton, improvement advantage, or &C., complishment of the purposes of the corporation in the conduct of the busi- ness thereof.
 r. To app:y for, purchase or other Gise 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 debtedness of any other corporation 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 therH- of in payment therefor and to eXercis. any and all rights. powers and privi leges of the owners of such shares. stocks. bonds. or other evidences Of debt: to borrow or raise money by the 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 sucb 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 to 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 of the foregoing objects.
 Il. TO deal in goods. wares, merchant disc and property of every class anu description and generally to purchase take on lease, exchange. hire, or other wise lrqrire real estate person l property. or any rights or privileges which may be deemed useful, conver- ient necessary or desirable in the bus,~ ness of the corporation.
 '. vp do any and all of the things hereinbefore set forth to the same ex- tent ns natural persons might or could do as trustees. agents. contractors or otherwiss.
 THIhD: 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; whi-h capital stock is to be paid in at the time and upon the conditions follow ing, viz:
 The said capital stock may be issued for cash or as purchase price for lands or interest in leases on lands, including oil and gas. and mineral leases, or in exchange for real estate. rights or in terest in real estate or for patents, ii- censes or any other property, or for work labor and services az the Board of Directors shall deem to be for the best interests of the corporations: at least one-tenth O-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- tN-~ on the value of any property. rights or interests thereon to be = 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 hS NOi hlHt3 tstItltdl lD stii II cause to be executed mortgages and liens upon the personal property of the corporation. The corporation Eay in its bylaws confer additional powers upon the Board of Directors not incon- sistent 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 thesa 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 d board of directors, seven in number. whose names and residences are as fol- LOWS:
 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. Myar, Camden. Arkansas. which directors shall he 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 liability to which the corporation at any time is to subject itself Is Twenty-Five Thousand Cs25.0O0) Dollars.
 SEVENTH: That the private prop erty of each officer ana stockholder is to be exempt from all corporate debts. IN WITNESS WHEREOF, we have hereunto set our hands and seals the 2sth day of August. 1901.
 CHAS. N. RIX,r (Seal) HOWARD P. COLLINGS, tseal.) A A DAUGHERTY, Seal State of Arkansas. County of Gar land, ss:
 On this 2sth day of August 1901. be-