Arizona republican., 1902-11-11

agencies. offices, storage tanks. and houses, and to sell articles and prod ucts manufactured by itself, or other persons corporations in California and other States and Territories of the United States of America and in for eign countries.
 6. To acquire by purchase. lease. or otherwise, lands. mines, or mining claims, water rights, wells, and con duits for water supply. rights of way for the construction of conduits for conveying oil or water, as also to sell or lease the same
 !. To engage in and carry on the business of mining or boring for oil. metals. minerals, coal. gypsum, or any valuable product and to refine. man uiacture. reduce CT render the same salable and marketable or profitabl or to sell the same.
 8. To own and operate it's own line of railroad from it's properties to the nearest connecting rail point. for the purpose of transporting freight and the product of said company to and from it's property also to construct, own. maintain and operate it's own telegraph and telephone lines, ana such other means of rapid communica tfon as may now or hereafter be in existence for the purpose of facilitating or aiding in the convenient transaction of the com pany's business also to construct. own, maintain and operate its own gas or electric plant for it's own CT any other purpose whatsoever; also to do and perform all things necessary to trans act the affairs and business of the cor poration, within and without the Ter ritory of Arizona, and requisite and proper for the purpose of carrying out all or any of the objects herein speci- fled, and any or all of said business can be transacted to the same extent purpose and effect as the same pr any partg thereof could be done by natural person.
 TEird. The amount of the capital stock shall be the sum of Three Hun dred, Thousand dCllars ($3OO, ,OO0). divid- ed into Three Hundred Thousand (3OO.- O0O) shares of the par value of One Dollar (S1.0O) each. which capital stock when issued must be fully paid up and non-a assessable; provided however. that the Board of Directors may issue stock in payment of land purchased or leased or in payment of ether valid obligations. and may sell fully paid up stock for more or less than One Dol lar (sD per share. The Board of Di- rectors may sell stock to provide funds to pay expenses for incorporating and ether preliminary expenses.
 Fourth. That the term for which said corporation is to exist is TWEEN TY-FIVE (25) YEARS from and after the date of it's incorporation.
 Fifth. The highest amount of in debtedness or liability to which the corporation shall at any time subject itseH shall be the sum of Fifty Thou sand Dollars (S50 G0O).
 Sixth. The private property of the stockholders of this corporation shall be exempt from all corporation debts and liabilities of every kind. and the stockholders of this corporation are hereby exempted from any liability for the debts or liabilities of this corpora ton.
 Seventh. The business and affairs of this corporation shall be conducted and managed by a Board of Directors of not less than five (5) members nor more than seven members @. and in said Board shall be vested the corpo- rate powers of the corporation. The Board of Directors shall be elected by the stockholders at their annual meet ings and shall hold office and serve for one year from and after the date of said election and until the election Of their successors.
 Eighth. The Board of Directors shall have the power to pass bylaws, and make amendments thereto. and the said corporation shall have power to increase or diminish it's capital stock by Q two-thirds vote of the stock holders represented at any regular stockholders meeting or any special meeting of stockholders called for that purpose, and by filing the certificate thereof. and by publishing the same in the manner as is provided by law for the recording and publishing of these articles of incorporation.
 IN WITNESS WHEREOF, We have hereunto set our hands and seals this 29th day of Oct, A. D. 1902,
 Signed
 JAMES w. SKULL CSeaD
 H. F. SHELLEY (SeaD