Arizona republican., 1902-05-30

deemed best.
9th: TO invest It's funds or property
in the capital stock of and become
stakeholder in any other corporation
formed or to be formed or in the bonds
of such corporation: and to retain or
dispose of such stock and bonds in
whole or in part at pleasure.
10th: To consolidate and amalga-
mate itself with any other corpora ton
or corporations by u two thirds vote OF
| the stockholders of each of such corpo-
ratiOns and form one general company
under such name and style as may he
agreed upon: and to issue and appor-
ton the stock of such consolidated cor
porations as may be agreed upon ty
said two-thirdS of the stockholders in
each of said corporations. And TO take
up. if deemed proper and best the indi-
vidual stock of each company and 20
replace it with the stock of the general
| company in such manner and amount
as may be agreed upon by said two
| thirds OF the stockholders.
18th. To lease and purchase. and to
| hold and own the real. personal or
mixed property or stock, or franchise
| of other corporations: and to pay for
the same in money. bonds. notes n
own stock or otherwise on such terms
ard in such amounts. and upon such
conditions as such corporation may
deem best: acting by and through is
stockholders in convention assembled.
or by it's Board of Directors. they hav-
ing been fully authorized to act in the
premises.
18th: To do all things pertain,ng to
or connected in any way with gem
eral mining. reduction and smelling
business.
! 18th: To buy, and sell ores, mills
and other furnace products; to sinelt
and reduce lead, gold, silver, copper
and other ores and refine bullion: 10
manufacture lead. copper. iron and
other products and articles of mer-
| c?landise; and to ID u general smelling,
refining. metallurgical and manufac-
| turing business.
| 14th: To erect necessary buildings,
mills. machinery and appliances and
purchase materials for the proper
working thereof.
18th: To purchase. lease bond To-
cate or otherwise acquire. own. eX-
change, sell or otherwise dispose Of,
pledge. mortgage, hypothecate and
Geal in rel estate and any ard all
kinds OF personal property. mines, min
| ing claims, oil lands, mineral lands, oil
and gas, petroleum, water and water
rights ana machinery and TO work.
mine. explore, operate and develop the
same.
| 10th: To do a general real estate,
manufacturing and mercantile bust
ness: to own, handle and control letters
patent and inventions. To borrow
money. execute notes, bonds. mort
cages or deeds of trust to secure the
same and to exercise in respect of all
such bonds, mortgages. notes. shares Of
capital stock, and other securities ana
obligations. any and all rights, powers
and privileges of individual owners
thereof. Including the right to vote
upon any shares of stock held by it. &c
the same extent that natural person
might or could do; and in general to do
all things necessary, proper or requi-
site to the proper conduct of the bust
ness of this corpora lion; and to carry
into effect the various objects afore-
said in the United States, its Terri
tories, Mexico and elsewhere not in
consistent wiki the laws of the Unite!
States and The Territory of Arizona.
Sixth: The authorized amount of
capital stock of this corporation shall
be AMI is Two Million Dollars (S2, D0O,-
100000 divided into two million shares
of the par value of one dollar Isl Coz
each.
AT such time as the Board of Direct
ors may, by resolution direct. said cap
ital stock shall tie paid into this corpo-
ration, either IN cash or by the sale ard
transfer to ii % real or personal prop
erty, for the uses and purposes of said
corporation. in payment for viii h
shares of the capital stock of said G. or
pOratiOn may be issued. and the capital
stock so issued shall thereupon AMI
| thereby become and be fully paid UP
and non assessa BILE. And in the all-
sence of actual fraud in the transac-
ton the judgment of the directors as to
the value of the property purchd sed
shall be conclusive.
Seventh: The highest amount Of in
debtedness or liability, direct or con-
tingent, to which this corpora ton is a
any time subject, shall he one million
two hundred thousand dollars IS, 200.
100000.
Eighth: The private property of the
stockholders and directors of this co..
poration shall be exempt from cor o-
rate debts of any kind whatsoever
In Witness Whereof, we have here
unto set our hands and seals this
twelfth day OF May. 1902
| W. ]. ROOT. (SeaN
D. A. CLIPPINGER. (Seal)
FRANK WILLIAMS. (Sean
State of Illinois,
County of Cook S.
On this Twelfth day of May, in the
year Nineteen hundred and two G902)
before me, Ward B. Sawyer, a Notary
Public in and for the county aforesai id
residing therein. duly commissioned
and sworn, personally appeared w. )
Root, D. A. Clippnger and Grant Viii
Hams, known to me to be the persons
described in, whose names are affixe.
; to and who executed the annexed in.
/; strument. and they acknowledged t,
me that they executed the same fol
the purposes and considerations there
in expressed.
In Witness Whereof. | have hereuht,
set my hand and affixed my official .,ess
at my office in the said County an,
State the day and year last abov,
written.