Arizona republican., 1901-02-06


 right to vote on sock to the same ex- tent as neutral person might or could do. E
 t4s) rnhe corporation shall have ex- press power. as fully as an individual might do, to issue bonds. debentures and evidences uf indebtedness of all kinds. whether secured by mortgage or otherwise. an' without limit us to ano''r.. As we as 10 secure the same hy l..ortgage. plv yesor otherwise.
 (60) 10 guaanee ee the payment OF dividends pr Int. est on any shares, stock. debentures IT other securities Issued by. or any ot CT contract or ob- ligation of. any cor. ration whenever proper or necessary for the business of this corporation, In the opinion of the directors or the executive committee
 (5D 10 purchase, lease, exchange. hire. or otherwise acquire, any and sli rights. privileges, permits or fral- tliises. suitable or convenient for any Of the purposes of sss business; to erect and construct make. improve or add or subscribe toward the construc- ton. making and improvement of mills, factories. store-houses, 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 hnd purposes of the corporation as above described. to 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 corporation formed or to he formed, for the purpose under the laws of such territory. state or country.
 f52) To manufacture, purchase, or otherwise acquire. to hold, own, mort gage, pledge. sell, assign and transfer. or otherwise dispose of. 10 invest, trade. deal in and deal with goods. wares and merchandise and property of every class and descripticl-
 (53) To acquire the good will, rights and property. and to undertake the whele or any part of the assets aud liabilities of any person. firm. assccia- tfon or corporation, and to Lay for the same in cash, stock of this company, bonds or otherwise.
 t5s) To enter into. make, perform and carry out contraus of every kind. with any person, firm, association, corporation, without limit as to amount, to draw. make, accept. en- dorse, discount, execute and issue prednissory notes, bills of exchange, warrants. bonds, debentures and other negotiable or transferable instgal- ments.
 t55) To do any or all things herein or otherwise, to the same extent and ar fully as natura! 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 It's branches, and to nave one ,.r more offices; to carry on all or any of Its operations and business, and un!im3t- edly and without restriction 10 hold. purchase, mortgage, lease and convey real and personal property, and to con duct its business In any territory. state or colony of the United States. and in any foreign country or place, but sub- JtGl tO LIE Iu"S thCttpl.
 (57) Subject to the provisions of la,y. to purchase. hold and reissue tn, shares of it's capital thereof.
 IN GENERAL, and in connection with the foregoing. to carry on any business, whether mining. nanufac- turing or otherwise. and to have and to exercise all the powers mentioned in this charter, and all other powers net absolutely prohibited by the laws of the territory of Arizona: 1t being hereby expressly provided that the foregoing enumeration of specific powers shah not be held to limit or restrict, in any manner. the powers of the corporation, which shall have f,ill powef to do all and everything nsces. sary, suitable. convenient or proper for the accomplishment of any of the purposes, or the attainmenu 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 expedient for the protection or benefit of the corpora ticn. 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 to;al authorized cap- i;al stock O. the corporation is Thirty Million Dollars (s30,000. .000) divided into One Million Two Hundred Thou sand Q,200.000) shares of the par value of Twenty-Five Dollars Cs25) each.
 Of such total authorized capital stock, Four Hundred Thousand (400.- 000) shares. amounting at par to Ten Million Dollars ($10.00O.0 .000), shall b. preferred stock, and. Eight Hundre,l Thousand (SO0,0O0) shares. amounting at par to Twenty Million Dollars (s20. 900 .000), shall be common stock.
 The righ,s privileges and conditions following, shall attach to the shares aforesaid, that Is 10 say: The pre- ferred stock shall have prior lien to that of the common stock upon the en- lire assets of the corporation, and shall be redeemed !n full, at par, with accrued divfdends cha rped nrIor to fhe