The news-herald., 1902-10-18

wise turn to account any such trade
marks, patents, licenses, processes and
the like, or any such property or rights,
incidental to the business Of the COR
poration.
To purchase, lease and otherwise ac-
quire, and to hold, occupy, cultivate,
gage, sell and otherwise dispose Of real
estate and interests in real estate Of
every sort whatsoever and wheIesoever
situated.
To purchase and otherwise acqu re
the good will, property rights and as
sets of any person, firm, association or
corporation, and to pay for the same in
cash, stock, bonds of this corporation
or otherwise.
To purchase and otherwise acquire,
and to hold, use and enjoy AID to AS
/ sign, sublet and otherwise dispose CT
properties, franchises, concessions, sub.
sides, licenses, contracts and rights Of
every sort whatsoever and wheresoever
situated, and whether public Or private
for or in relation to any of the purposes
herein set forth.
To issue it's capital stock as and
when it's board Of directors may de-
termine, for cash or in payment for
property acquired, or material fur
nished, or work done or contracted 20
be done, or services rendered. or con-
tracts, patent rights, or other right as
signed or otherwise acquired.
To borrow money, to make and Issue
promissory notes, bills of exchange,
bonds, debentures. obligations and ev.-
dences of indebtedness of all kinds to
any amount not exceeding two-thirds
Of the par value of the capital stock,
and to secure the same by mortgage
pledge or otherwise.
To enter into, make perform anG
carry out contracts of every sort and
kind with any persons, firm. associa-
tion or corporation. private or public,
municipal or body politics, and with the
government Of the United States or Of
any state, territory or colony thereof,
and with any foreign government. in
cidental and necessary for the afore-
said purposes.
To conduct it's business in any of the
states, territories, colonies or de-
tendencies Of the United States, in the
District CT Columbia, and in any and
in all foreign countries; to have one or
more Offices therein, and therein to
hold, purchase, mortgage and cOnve?
real and personal property, without
limit as to amount, but always subject
to local laws
/ To do any or all of the things herein
set forth as principal or agent to the
same extent as natural persons might
or could do, and in any Fart of the
world To do everything necessary,
suitable, convenient or proper for the.
accomplishment of any of the purposes
herein set forth or which are incidental
or conducive to the attainment Of th9
powers herein named, with all the
| powers now or hereafter conferred by
the laws of Arizona upon corporations
formed under the statutes.
The foregoing clauses shall be con-
strued both as objects and powers; anl
it is hereby expressly provided that thc
foregoing enumeration of specific pow
ers shall not be held to limit or restrict
in any manner the powers Of the cor
pCration.
Provided, however, this corporation
shall not engage in the business of
banking, insurance or the construction
and operation of railroads.
Which corporation shall keep its
principal Office III Arizona, in Phoenix,
Maricopa county, and its principal
Office outside Arizona in such place or
places as the directors may from time
to time decide.
The capital stock of said corporation
shall be Ten Million Dollars ($10,000,
O0O.00), divided in one million shares of
the par value of Ten Dollars ($1G.00)
each, all Of which shall be paid in cash
Of property within twelve (12) months
from this date.
The business of said corporation
shall be conducted by board of di-
rectors, who shall have full power over
all the property and affairs thereof; 20
buy, sell, mortgage or otherwise dis
pose Of any lands, concessions, options,
, franchises and other property for sa:;l
. corporation for such amounts and Cn
: such terms as they deem proper; to
/ elect officers prescribe their duties aud
compensation and delegate such powe:s
: and authority to them and to agents
and committees as they deem proper.
: All these powers, or any of them,