Arizona silver belt., 1901-12-05

machinery. To acquire. construct own aud operate railways. tramways, turnpikes and ca. nas, 10 lead from its principal place Of busi. ness to some navigaDle stream or to some ex- isting railroad or turnpike or public highway To erect, operate and maintain boarding houses. hotels, to do general merchandise business, to acquire by purchase location. or in any other lawful manner real estate pat ents to lands. and all other kinds of property real personal, or mixed To lay out construct, and acquire by purchase or in any othe lawful manner and to accept, hold possess enjoy. operate. use. franchises from any State and Territory in the United States or any County, municipal or private corporation; wagon roads, mills factories, houses capital stock and bonds Of corporations; chattels goods, wares and merchandise choseS in action to buy, manu. facture sell and deal in all kinds of property real personal ana mixed electrical appliances, driving machinery. motor-power for propelling any and all kinds of mechanical appliances where electricity Is adaptible telegraph and telephone Ines. electric lights transacting any ana all kinds of business which may be transacted by natural person To hold cul- cultivate, prove up, use and enjoy the same and to aienate. sell, lease remise and dispose of the same or any part thereof as well as any other property this corporation possesses be seized of. or entitled to, To borrow mon ey to cor r,ct to repay the same at such time or times ana with such rate or rates of inter est as it's Boatd of Directors deem proper and see fit to hypothecate to mortgage or pledge an or any part of the property which this cor poration may hereafter acquire. To secure payment of such money with interest or to se- cure the payment of any debt of thls corpor- ation, with such interest thereon as it may be legally obliged to pay.
 The amount of the capital stock of this cor poraton shall be One Mnlio Dollars divided into one hundred thousand shares of the par vnlue of Ten Dollars per share, and the time when and the conditions upon which it IS to be paid are as follows to-wit.
 The whole of said capital stock shall be paid inin property necessary for the purposes of the corporation. upon resolution Of the Board Of Directors and evidence Of title and value sat. iStactory to them
 The time of the commencement of thls cor ppration shah he the day of the filing Of these Articles of record in the on.ce Of the County Recorder of Gila County and certified copy with the Secretary of the Territory of Arl- zona and the termination thereof shall be twenty-five years thereafter
 V,
 The anairs ot this corporation are to be and shall be conducted by Board of Directors consis,inr Of eight persons who shallbe elect ed annually on the hrSt Monday after the first Tuesday in October. ar as soon thereafter as practical by the stockholders, at such time and manner as shall be prescribed by the by lawSof this corporation. And hereafter no person shah be eligible to the offiee Of Diree~ tor unless he is stockholder in the corpora tiou
 said Board of Directors shall have full DOW CT to i'll vacancies on their board and may elect such ofiicer> and appoint such commit tee or committees from their own board to aid in the management of business and conduct all the affair." Of said corporation as they may deem expedient
 The following named persons, who are sub scribers hereto. shall constitute the Board Of Directors for this corporation for the first year and untii their successors duly quahded shall he elected to-wit
 Lee Crandan Wesley Crabb. R W. Crahb. Jean J crandall Theodore Crandall Robert W Wolsefer. p D. Crabb. Lee Crandall- IT, And thereafter if any Director shall cease to be A Stockholder he shall cease Co be Di- rector
 Immediately, or as soon aS practical after the fling oi these Articles in the office of the county Recorder of Gda County and a certi- lied copy with the Secretary Of the Territory of Arizona, the persons named herein as Direc torS 10 serve for the first year and until their successors duly qualified shall be elected shall meet and organize as Board of Directors, adopt bylaws and prescribe in said bylaws the metho Iof calling meetings Of the Board of Directors and stockholders.
 VI
 The highest amount of indebtedness or lia- bility direct or contingent, to which this cor pration k at any time tob be subject Is the sum Of Fifty Thousand Dollar.
 VII
 Tue stockholders of this corporation and their private property shall be exempt from the corporate debts ot this corporation
 VIII
 The Board of Directoos Of this corporation shall have power to establish by laws and make all rules and regulations deemed expedi. cn for the management of the affairs Of this corporation. and the officers thereof not in consistent with the Constitution and Laws of he United States and the Laws of the Terri tory of Arizona.
 In witness whereof, we have hereunto set our hands and seals this sth day Of August. A n 1901
 LEE CRANDALL (SeaD
 k W. CRABB (SeaD
 
 THEODORE CRANDAI.L, (SeaD
 D. D CRABB, tSeaD
 LEE CRANDALL. JR., (SeaD
 WESLEY CRAZE. (SeaD
 JEAN l. CRANDALL (Sean