Arizona republican., 1902-11-05
ARTICLE ".

full power and privilege to carry on all the business of this company in any part of the world.
 ARTICLE ".
 The objects for which the corporation is formed are:
 CD To acquire by purchase, sub scription or otherwise, and to hold as investment any bonds, or other securi- ties, or evidences of indebtedness, or any shares of capital stock created or issued by any other corporation or cor porations, or association organized or created under the laws of any State or Territory of the United States, or of any foreign country.
 CD To purchase hold, sell, assign, transfer, mortgage, pledge, or other wise dispose of, any bonds or other securities or evidences of indebtedness created or issued by any other corpora tion or corporations, or association or associations of any State or Territory of the United States, or any foreign country, and while owner thereof, to exercise all the rights, powers and priv ileges of ownership.
 (3) To purchase, hold, sell assign. transfer mortgage, pledge, or otherwise to dispose of shares of the capital stock of any other corporation or corpora tions, association or associations, of any State or Territory of the United States, or any foreign country, and while owner of such stock to exercise all the rights, powers and privileges of ownership, including the right to vote thereon.
 (D To aid in any manner any corpo- ration or association of which any bonds, or other securities or evidences of indebtedness or stock are held by this corporation, or which it may de- sire to purchase, and to do all acts or things designed to protect, preserve, secure or acquire, to improve or en- nance the value of any such bonds, or other securities or evidences of indebt- edness, or stock.
 (5) To loan or borrow money, issue and take bonds, notes, mortgages and other evidences of indebtedness there | for, and to dispose of the same by sale, exchange, hypothecation or otherwise. (6) To acquire, own, hold and deal in real and personal property, and inn prove and operate the same. CD To buy, sell, traffic in, transport and refine mineral oils of all kinds and the products and by-products thereof; to own, construct, operate and deal in refineries, and to lay pipes and other means and conveniences for the trans | portation of such oils and the by products thereof, and to own and op- crate railroads, pipe lines, pumps, tanks, tank cars and vessels of all kinds | for the storage and transportation of mineral oils and their by-products, and | to buy and deal in all things necessary and requisite to carry on any busir ess or thing connected with any of said enterprises.
 | (8) To issue the capital stock of this corporation, as and when fully paid up provided, however. the corporation may l issue or exchange said stock for labor done, or for money received or paid, or | for property or rights in property rea1 or personal transferred to the company and the stock so issued shall be full | paid and non -assessable and not liable to any further call or payment thereon and with no stockholders liability, and | the judgment of the directors as to the value of the property or rights in prop erty purchased, or services rendered shall be conclusive.
 (9) To have and maintain one or more offices to carry on all or any ot | it's operations and business in any part or the world, and especially in the Stat; of California and elsewhere in the United States ito have perpetual sue cession, and to engage in every sort o Lawful business, and to make and carry out contracts, acquire and transfer property, and do all other acts ant things in connection herewith to tho same extent as private individuals nov have the right to do, and to exercis; all powers and privileges now exercised or enjoyed by private persons.
 ARTICLE V.
 The total authorized capital stock O this company is and shall be Twent. Million (S20,O 00O) dollars, divided int, Twenty million (20, LOGO, 000) shares, pa value of One (s1.OO) Dollar each; O such authorized capital stock Five mil lion (5,000,000 shares, amounting t Five Million CS5, ,OOO. .OOO) Dollars shall b. first preferred stock, and Five Million (5,000000 shares, amounting to Fiv Million (s5,OOO. .0OO) dollars. shall be sec ond preferred stock.
 The holders of the first preferre,