Arizona republican., 1902-06-23

otherwise, lands, mines, or mining claims, water rights. wells and con- duits for water supply. rights of way for the construction Of conduits for conveying oil or water, as also to sell or lease the same.
 [. To engage in and carry on the business Of mining or boring for oils. metals, minerals, coal. gypsum, CT any valuable product, and to refine. man. ufacture, reduce or render the same salable and marketable or profitable, or to sell the same.
 s. To construct. own and operate it's owr line of railroad from it's proper ties to the nearest connecting rail point, for the purpose of transporting freight and the products of said com pany to and from it's property; also to construct, own, maintain and operate it's own telegraph and telephone lines, and such other means of rapid com municatIOn as may now or hereafter be in existence for the purpose Of ia cilitating or aiding in the convenient transaction of the companys business: also to construct, own, maintain and operate it's own gas or electric plant fer it's own or any other purposes wha tsoever; also to do and perform al! things necessary to transact the af- fairs and business of the corporation, within and without the Territory of Arizona, and requisite and proper for the purpose of carrying out all CT any of the objects herein specified. and any CT all O. said business can be trans acted to the same extent, purpose and effect as the same or any part thereof could be done by natural person.
 
 shall be the sum of Three Hundred and Fifty Thousand Dollars (S350,090) divided into Three Hundred and Fifty Thousand (S500GW shares. of the par value Of One Dollar C5D each, which capital stock when issued must be fully paid up and non -assessab!e: pro vided, however. that the Board of Di- rectors may issue stocl. in payment O. land purchased or leased, CT in pay nent of other valid obligations. and may sell fully paid up stock fer more or less than One Dollar C$D per share The Board of Directors may sell stock to provide funds to pay expenses fol incorporating and other preliminary expenses.
 Fourth. That the term Tor which said corporation is tc exist is TWENTY-FIVE YEARS C5) from and after the date of it's incorporation
 Fifth. The highest amount of in debtedness CT liability to which the corporation shall at any time subject itself shall be the sum of One Hun dred Thousand ($1o0,000> Dollars. Si:1ta. The private property of the stockholders of this corporation shall be exempt from all corporate debts .-r 1ia of t-+ he stockholders Of this corporation are hereby exempted from any liability 10. the debts or liabilities of this corpora ton.
 l Seventh. The business and affairs of this corporation shall be conducted and managed by q Board of Directors of not less than five (5) nor more than eleven CID members, and in said Board shall be vested the corporate powers of the corporation. The Board of Di- rectors shall be elected by the stock holders ct their annual meetings and shall hold office and serve for one year from and afte. the date Cf said cleo tion and until the election of their sue cessors.
 Eighth. The Board of Directors shall have power to pass bylaws and make &llendInentS thereto, ana the said corporation shall have power tc { increase CT diminish it's capital stock by q two-thirds vote of the stockhold- CTS represented at any regular stock holders meeting or any special meet | ing of stockholders called for that pur- pose, and by filing the certificate there Of, and by publishing the same in the manner as is provided by law for the ! ll +L ticles of incorporation.
 1 IN WITNESS WHEREOF, We have hereunto set cur hands and seals this l zS day of May, A. D. 1909.
 i Signed.