Arizona republican., 1901-03-08

cured under. letters patent of the United States. or elsewhere, or other wise. and to use. exercise, develop, grant. license. or otherwise turn to ac.. count, any such trade marks. patents. licenses. concessions, processes and the like, or any such property rights and inventions so acquired. and with a view to the working and develop ment of the same, to carry on any bus mess which the board of directors of this corporation may. from time ,o time. deem calculated. directly or in directly to effedtuate these objects, or any of them.
 To hold, purchase. or otherwise &C., quire, to sell. assign transfer. mort gage, pledge, hypothecate, or otherwise dispose of, shares of other corpora tions, bonds. or other evidences of in debtedness created by other corpora tion or corporations, and while holder of such stock to exercise all the rights and privileges of ownership, including a right to vote thereon, to the same ex- tent, as a natural person might do.
 To hold. purchase or otherwise ac- quire, and sell. the capital stock or bonds of this corporation.
 To purchase. lease. hire. exchange, or otherwise acquire. any and all rights, privileges, permits or fran chises suitable or convenient for any of the purposes of it's business.
 To erect and construct, make. i'm prove, or aid or subscribe toward the construction. making and improve ment of mills. factories, storehouses. buildings. roads, docks, piers, wharves, pipe lines, houses for employees and o,hers. and works of all kinds.
 To acquire lands by location pr pur- chase. and in every way develop and deal in the same, whether by mining, cultivation. or In any oeIner way.
 To make and enter into contracts of every sort and kind. including leases with any individual. firm. association or corporation.
 To act as fully in all matters of bus mess as natural persons might or could do, and in any part Of the world to act as principals, agents, contracts ors. trustees, or otherwise; 10 do any and everything necessary, suitable or proper for the accomplishment of any Of the purposes, or the attainment of any one or more of the obie cts herein enumerated, or which shall, at any time, appear expedlent or useful, or be deemed by the directors of this corporation al any time. or from time to time, for the protection, advantage and benefit of this corporation: and In general, to carry on any business thought wise by the directors of this corporation. Third: That the place where the principal business of said corporation is to be transacted is Phoenix. Arizona. with branch office in the City and County of San Francisco, State nf California.
 Fourth: That the term for which 1t Is incorporated is Twenty-Five years from and after the daxe of It's incor- ooration.
 Fifth: That the business Df the said corporation shall be managed and controlled by board of nine direct ors who shall hc elected at meeting poratlon to serve for term of one year and until their successors are elected.
 sixth: That the amount of the cap ital stock of the said corporation shall be Six Hundred Thousand (S600 000) Dollars. and the same shall be divided into 600,000 shares at the par value of sl00 each.
 That any and all of the capital stock of the said corporation shall be sold subject to the terms and conditions imposed by the board of directors of this corporation which board shall have absolute control thereof.
 Seventh That the highest amount of indebtedness and liability to which the said corporation may subject it. self shall be the sum of $200000. Two Hundred Thousand rollars.
 Eighth: That the private property of the stockholders of this corporation is to be exempt from any and all of the corporate debts of this corporation.
 Tn Witness Whereof, we have here unto set our hands and seals this 5th day Of February, 1901.
 Signed and sealed in the presence of