Arizona republican., 1902-04-18

incident to or desirable in carrying out the objects, purposes and business of this corporation.
 Thirteenth: To enter into arrange ments and contracts with any persons or corporations owning mining proper ties, machinery. plants. equipment, privileges or franchises which can be of use to this corporation. for the in terchange of traffic. tramWay service operating power. joints working. or oth- erwise as this corporation may desire.
 Fourteenth: To pay cash. issue full paid and non-asSessable stock or eX- change property of this company, of any kind or nature. for any mines, claims, lands, buildings. machinery, privileges. franchises, stocks, bonds, obligations. securities and any other real or personal property of other per sons, companies or corpora tionS.
 F'ifteenth: To issue bonds. notes, or other evidences of indebtedness of the corpora ton. and to mortgage or pledge the real estate and personal property, privileges and franchises of the cor poration, or any part thereof for the purpose of borrowing money or secur- ing credit for the operation. develop ment. Improvement or maintenance of
 
 pany. or for the acquisition of other property. or in any manner to further the objects. purposes and business of the said corporation.
 Article III. The authorized amount of capital stock of this corporation shall be Fifteen Thousand dollars ($15,- OO0.OO). divided into One Million Five Hundred thousand Q,5OO,OO shares, of x,fn n,,n aN Il, such time as the Board of Directors may by resolution direct. said capital stock shall be paid into this corpora tion, either in cash or by the sale and transfer to it of real or personal prop erty for the uses and purposes of said corporation, in payment for which shares of the capital stock of said cor poration may be issued, and the capi- tai stock so issued shall thereupon and thereby become and be fully paid up and non-assessab able.
 Article ". The said corporation shall exist for the term of twenty-five (25) years from and after the date of the filing of these Articles of Inccrpo- "a tion in the office of the Secretary of the Territory of Arizona. and its cor porate existence may be renewed from
 
 such periods as may be prescribed by the laws of the Territory Of Arizona.
 article V. The business and affairs of the said corporation shall be under the control, mana cement and direction of a Board of Directors, consisting of five (5) members. who shall be elected annually by the stockholders of the corporation and who shall be respect lively stockholders of the corpora tiOn, and the said Board of Directors shall have full power and authority to do any and all acts within the scope of the corporate objects, purposes and busi- ness.
 The names of those who shall con- stitute the Board of Directors of the company for the first year of it's corpo- rate existence. and until their success sors shall be chosen and have qualified. and who shall manage the affairs and concerns of the corporation as afore- said during such period are: A. L. Emerson. D. R. Beatty. F. M. Yost, J. H. House and R. P. Davie.
 Meetings of the Board of Directors of said corporation may be held at such place or places within or without the Territory of Arizona, the States of Montana or Colorado. or any foreign State or country in which the business of the corporation may be carried or. as may be prescribed by the bylaws of the corporation.
 Article VI The highest amount of . indebtedness or liability, direct or con- tingent, to which this corporation is al any time subject, shall be Ten Thou sand Dollars (s1O,00O.O0).
 Article VII The private property of the Directors and of the stockholders of this corporation shall be exempt from corporate debts of any kind what soever.
 Article VIII. The Board of Directors hereinbefore named, and their associ- ates and successors in office. shall have power to make. and from time to time alter, amend or repeal such prudential bylaws and regulations as they may deem proper for the management of the business and affairs of the corpo- ration, not inconsistent with the laws of the Territory of Arizona the States of Colorado or Montana, or of the Unit ed States.
 In witness whereof, We, the said in- | corporators. have hereunto set our hands and seals, this twenty-fifth day | of November, A. D. 1901. A. l.. EMERSON. (Sean R. P. DAVE. (SeaD w. G. MOORE. (SeaD State of Colorado,
 County of Fl Paso, ss. On this twenty-fifth day of Novem- | Der, A. D. 1901, before me. John H. l House, a Notary Public in and for the County and State aforesaid duly com- missioned and sworn. appeared A. L.. | Emerson, F. r. Davie and w. C.. Moore. who are personally known to me to be the persons described in, whose names are subscribed to, and who executed the foregoing Articles of | lncorporati tion, and who acknowledged 1 to me that they executed the same for the purposes and considerations there in expressed.
 | In witness whereof, I have hereunto set my hand and affixed my official seal. a my office in the City of Colo rado Springs, in the County and State aforesaid, this twenty-ffth day of No | vember, A. D. 1901.
 My commission expires August +, A. D. 1902