Arizona republican., 1902-12-21

water rights, real estate, and any and | all kinds Of personal property, and hav- | ing acquired the same to exchange, | sell or otherwise dispose of and pledge, | mortgage and hypothecate the same, and to carry on and conduct any and | all business relating thereto; also to | own, handle and control letters patent and inventions, and shares of capital stock of other corporations; to borrow money and execute notes, bonds, mort | gages, 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 and 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 to the same extent that a natural person might or could do; and in gen eral to do all things necessary to the | proper conduct of the business of this corporation in the territory and else | where, not inconsistent with the laws of the United States and the Territory O. Arizona.
 Third: The authorized mount Of ! capital stock of this corporation shall | be twenty-five thousand dallars C$25, = C00.O0), divided into twenty-five hundred shares of the par value of ten dollars l (Sl0.O0 each. At such time as the board of directors may by resolution direct, said capital stock shall be paid into this corporation either in cash or by the sale and transfer to it of real or personal property for the uses and purposes of said corporation. in pay ment for which shares of the capital stock of said corporation may be issued. and the capital stock so issued shall thereupon and thereby become and be fully paid up and non-assessable, and in the absence of actual fraud in the transaction the judgment of the di- rectors as to the value of the property purchased shall be conclusive. Fourth: The time of the commence ment of this corporation shall be the date of the filing of these articles of incorporation in the office of the Sec retary of Arizona, and the termination thereof shall be twenty-five years thereafter
 Fifth: The affairs of this corpora ton shall be conducted by a board of three directors, and the following named shall constitute the board of di- are elected. viz: C. II. KRAEMER. D. B. LEAVELL and J. L. STEELE. There after the board of directors shall be elected from among the stockholders as the bylaws of the corporation may provide.
 Sixth: The highest amount of in- debtedness or liability, direct or con-
 tingent, to which this corporation is at any time subject. shall be sixteen thousand dollars ($16, ,0OO). Seventh: The private property of the stockholders of this corporation shall be exempt from corporate debts of any kind whatsoever.
 In Witness Whereof, We have here unto set our hands and seals this thir- teenth day of October A. D., 1902.
 C. H. KRAEMER, (SeaIO D. B. LEAVELL, CSeaID s. A. TEMPLE, CSeaI0
 J. l.. STEELE, (SeaIl
 United States,
 District of Alaska. ss On this. the thirteenth day of Octo- l ber in the year one thousand. nine ' hundred and two, before me, J. w LEEDY. notary public in and foi the District of Alaska, residing there. , in, duly commissioned and sworn. per. . sonally appeared C. II. KRAEMER. D 70 B. LEANELL, $. A. TEMPLE. and J , L. STEELE, known to me to be tn, ; persons described in, whose names ar, |, subscribed to, and who executed tn, annexed instrument, and they ac ' knowledged to me that they executed D the same for the purposes and con !. alterations therein expressed. J In Witness Whereof, I have here l, unto set my hand and affixed my om y cial seal at my office in the town O l Valdez, District aforesaid, the day an,
 year last above written.
 Q (SeaI) j. w I.EEDy | Notary Public for Alaska. q My commission expires December 2d a 1905.
 Territory of Arizona,
 County of Maricopa, ss.
 l. E. F. McFall county recorder I, f and for the county and territory afore
 said, hereby certify that I have com
 pared the foregoing copy with the or
 lginal articles of incorporation of tn n VALDEZ ELECTRIC LIGHT, POWEl - and TELEPHONE COMPANY, file - and recorded in my office on the 6t1 = day of November, 1902, in Book 12 O. a Interpretations, at page -. and tha
 ''i- '"'iS A9 H iulI' true ana COrreC y copy of such original and of the whol, f | thereof.
 U Witness my hand and seal of ollie, y this 9th day of Nov, 1902
 c CSeaI) E. F. McFALL,
 County Recorder e By A. s. ARTHUR, Deputy.
 Filed and recorded in the office of tn
 Secretary of the Territoryof Arizon
 this 9th day of November, A. D.. 19O.
 at D. m.
 e ISAAC T. STODDARD, q Secretary of Arizona z First Date of Publication December I