Arizona republican., 1902-10-24

| a general wholesale and retail business for the sale of dry goods, groceries, l hardware and other articles of con- merce.
 14th. To lease and purchase, and to | hold and own the real, personal, or l mixed property or stock, or franchise | of other corporations: and to pay for ! the same in money, bonds, notes, or ether property, or by an issue Of it's own capital stock or otherwise on such terms and in such amounts, and upon such conditions as such corporations may deem best; acting by and through 1 it's stockholders in convention assem- hled, or by it's Board of Directors they having been fully authorized to act in the premises.
 18th. To construct pipe lines, tanks, and reservoirs for the transportation and storing of water, petroleum or gas for the use of the public, or in it's own business.
 1Gth. To do all things pertaining to or connected in any way with a gen cral mining, reduction and smelting busine~-.
 17th To buy and sell ores. mills and other furnace products; to smelt andre duce lead, gold, silver, copper and other ores, and refine bullion; to manufac- tUre lead. copper. iron and other prod ucts and articles of merchandise, and to do a general smehing, refining. met allurgical and manufacturing business.
 18th To erect necessary buildings mills, machinery, and appliances, and purchase materials for the proper working ther 'o.
 18th. To lease hypothecate or sell a he l11+ +af q of 10 ri and assets of this corporation upon such terms and conditions as may he deemed expedient, upon two-thirds vote of all the stockholders of the cor pora tion.
 seth. To purchase, lease, bond, To- cate or otherwise acquire, own, eX- change, sell or otherwise dispose of, pledge, mortgage, hypothecate, and deal in real estate, and any and all kinds of personal property, mines, min ing claims, oil lands, mineral lands, oil and gas, petroleum, water and water rights and machinery; and to work, mine, explore, operate and develop the same.
 2lst To do general real estate, manufacturing and mercantile busi- ness; to own, handle and control letters patent and inventions. To borrow money, execute notes, bonds, mort gages, or deeds Of trust to secure the same and to exercise in respect of all such bonds, mortgages, or deeds of trcst to secure the same and to exer- else in respect Of all such bonds, mort Gages, notes, shares of capital stock, and other securities and obligations, any and all rights, powers and privi- leges of individual owners thereof, in- cIuding the right to vote upon any oi the shares of stock held by it. to the same extent that a natural person might or could do; and in general to do all things necessary, proper or requl- site, to the proper conduct of the busi- ness of this corporation; and to carry into effect the various objects afcre- said in the United States, it's terri tories. Mexico and elsewhere, not in consistent with the laws of the United States and the Territory of Arizona.
 SIXTH.
 The authorized amount Of capital stock of this corporation shall be and is One Million Dollars 1000 G00.O0) di- vidcd into Two hundred thousand (ZC0. .00c) shares of the par value of Five i$5.C0) dollars per share each.
 At such time as the Board of Di- rectcrs 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 per sonal property. fer the uses and pur- poses of said corporation, in payment for which shares of the capital stock of said corporation may be issued. and the capital stock So issued shall there upcn and thereby become and be fully paid up, and non -assessable. And Tn 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.
 SEVENTH. The highest amount of indebtedness or liability. direct or contingent, to which this corpora ton is at any time subject, shall be Six hundred and fifty thousand C$650, ,OC0,OO dollars EIGHTH.
 The private property of the stock holders and directors of this corpora ton shall be exempt from corporate debts of any kind whatsoever.
 IN WITNESS WHEREOF, We have hereunto set our hands and seals this 1st day oi October. A. D. 1902. ISignedl c. D. STEPHENS. (SeaD ! tSignedI C. 4. DENHAM. (SeaD ITSigredI JOHN M. GARTSIDE. (SeaD State of Illinois,
 | County Of Cook, ss.
 On this 1st day of October, in the year Nineteen hundred and two Q902) 1 before me. James M. Gwin, a Notary Public in and for the County aforesaid. residing therein, duly commissioned and sworn, personally appeared c. D.. Stephens, c. A. Denham, and John NJ. Gartside, known to me to be the per sons described in, whose names are affixed to, and who executed the an nexed instrument; and they acknoWl- edged to me that they executed the same for the purposes and consider2- l tions therein expressed
 IN WITNESS WHEREOF. I have
 hereunto set my hand and affixed my official seal at my office, in the said
 County and State, the day and year l last above written.