Arizona republican., 1901-09-18

and transfer smelling and stamping mills and other mining machinery; and to engage in the business of smeiting, 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, ac
 compiishment of the purposes of the | corpora lion in the conduct of the Dusi- | ness thereof.
 r. To app;y for. purchase or other wise 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.
 coreign 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 there
 of in payment therefor and to exercise
 any and all rights. powers and privi- leges of the owners of such shares. stocks. bonds. other evidences of
 debt: to borrow or raise money by the l 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 such
 bonds debentures or other evidences of
 debt.
 l $. To carry on any other business ' which may seem to the company cap 1 able of being conveniently carried on i1 : 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 incl
 dental or conducive to the attainment
 of the foregoing objects.
 u. To deal in goods. wares. merchan-
 disc and property of every class anu
 description and generally to purchase.
 take on lease. exchange. hire. or other
 wise acquire real estate or person l
 property. or any rights or privileges
 which may be deemed useful. conven- ient necessary or desirable in the busi- I ness of the corporation.
 V. To do any and all of the things
 hereinbefore set forth to the same ey-
 tent as natural persons might or could
 do as trustees. agents. contractors or
 otherwise.
 THIIaD: The amount of capital
 stock authorized is One Million dollars.
 number of shares in which it is divided
 is 1.O00, GOO shares of $1.00 each all of
 which shall be common shares: whic;l
 capital stock is to be paid in at the
 time and upon the conditions follow
 ing, viz:
 I The said capital stock may be issued
 for cash 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 as the Boarl
 or Directors shall deem to be for the
 best interests of the corporation; at
 least one-tenth G-1) 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- tc-~ on the value of any property. rights or interests thereon to be az ! quired by the corporation. or of services
 rendered thereto. shall be conclusive. The Board of Directors shall have power to fix the amount ts> be reserved as working capital and to authorize and
  liens upon the personal property of the . corporation. The corporation rSay 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 bt the date of the recording of these Ar
 ticles. and the time of it's terminatio 5 the 26th day of August. 1926. FIFTH: The officers of said corpor- 7 ation to conduct it's affairs shall be a . board of directors. seven in number . whose names and residences are as fol 2 cows:
 .1 Names. Residences Y. Challes N. Rix, Hot Springs. Arkansas A. A. Daugherty, New York, New HorK s A J. Davis, Elyria. Ohio. = s. P. Ceilings. Hot Springs. Arkansas ? Howard P. Ceilings. Hot Springs. Ark P Benj P. Snyder, Washington. D. C. T Henry W. Myar. Camden, Arkansas. !, which directors shall be elected thu - first Tuesday in September of eacf year, in the manner fixed by the by r laws. The corporation shall have tn power by it's bylaws to increase D
 diminish such number of directors i desired. and to elect other or additiona :. directors:
 SIXTH: That the highest amount O = indebtedness and liability to which tn | corporation al any time is to subJee . itself is Twenty-Five Thousand Cs25,OO9 I Dollars.
 d SEVENTH: That the private prop f erty of each officer ana stockholder j y to be exempt from all corporate debts Y IN WITNESS WHEREOF. we hay = hereunto set our hands and seals tn ', 18th day of August, 1901.
 Iii CHAS. N. REX, tSeal. HOWARD P. COLLINGS, (Seal. - A A DAUGHERTY. tSeal. |. State of Arkansas, County of Gar
 land, SIS:
 = On this 2Sth day of August. 1901, be 5, fore me personally appeared Charles \