Arizona republican., 1902-02-16

The principal place In which the busi-
 ness of said corporation within the
 Territory of Arizona is to be transact
 ed is Phoenix, Maricopa County, Ari-
 zona. and the principal place of busi-
 ness of said corporation outside of the
 Territory of Arizona shall be the City
 of Cleveland. County of Cuyahoga and
 State of Ohio, at which meetings of the
 stockholders and board of directors
 may be held. and the corporation may
 have such branch offices. either within or without the Territory of Arizona as
 may be established by the board of di- rectors.
 Second: The general nature of the
 business proposed to be transacted by
 this corporation Is as follows. to-wit:
 To purchase. bond. lease or otherwise
 acquire. own. exchange. sell or other
 wise dispose Of. pledge. mortgage. hy-
 pothecate and deal in real estate in the
 Island of Cuba or at any other point
 or location whatsoever, and also all
 kinds of personal property. mines, min ing claims, timber, oil land. mineral
 lands. oil. gas, asphaltum. petroleum,
 water and water rights. and Inachin- cry. to work. mine. operate and develop
 the same. to do a general real estate. manufacturing and mercantile bu5i-
 ness. to establish. own and operate l such rail or tram road, operated by steam, electricity or other motive pow
 CT. or steam, sail. electric ships or other
 vessels, as may be necessary to lead from its principal works or place of business upon any such lands to some existing line of railroad. turnpike or public highway. toS build roadways. to esta ablish town sites. to own, handle and control shares of the capital stock of other corporations. to borrow money and execute notes. bonds. mortgages or deeds of trust to secure the same, | to exercise in respect of all bonds. | mortgages. notes, shares of capital stock and other securities and obliga- | tions any and all the rights. powers and privileges of individual owners thereof 1 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 general to do all things necessary to the proper conduct of the business of this corporation in the Territory and elsewhere. not incon- sistent with the laws of the United States and the Territory of Arizona. Third: The authorized amount of the capital stock of this corporation shall be Five Hundred Thousand Dol lars (s5OO. .OOO.O0). divided into Five Thousand (5.0O0) shares of One Hun dred Dollars (s1OOO0) each. which shall be divided into One Hundred and Fifty G50 shares of One Hundred Dollars (s1OOO0) each of preferred stock. and Four Thousand Eight Hundred and Fifty (4.S50) shares of One Hundred Dollars Cs1OO.O0) each of common stock. Said preferred stock shall be entitled to such preferences and rights over the common stock as the bylaws Of the corporation may provide.
 Said capital stock shall be paid for when issued, either in cash or by the transfer of real or personal property for the uses and purposes of said corpora tion. in payment for which the capital stock of the corporal tion may be is sued, and when so issued and paid for. said capital stock shall be full paid and non n-assessable thereafter. and in the absence of fraud in the transa action the judgment of the directors as to the l value of the property purchased shall be conclusive.
 Fourth: The time of the commence ! ment of this corporation shall be the i date of the filing of these articles of in | corporation in the office of the Secre- tary of Arizona, and the termination | thereof shall be twenty-five years l thereafter.
 Fifth: The affairs of this corpora tion shall be conducted by a board of not less than five nor more than seven Directors. and the following named | shall constitute the Board of Directors and officers until their successors are elected: Albert c. Berger. President and Director: J. S. Newhart, First Vice President and Director; Carl Wintrich, Second Vice President and | Director and General Manager: Percy E. Pierce. Secretary and Director: Clay Herrick. Treasurer. and William C. Watkins. Director; and thereafter the Board of Directors shall be elected from among the stockholders as the bylaws of the corporation may pro- vide.
 Sixth: The highest amount of in debtedness or liability. direct or con- tingent. to which this corporation is at any time subject shall be Fifty Thou sand Dollars C5O. .O0O.O0).
 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 4th day of February. A. D. 1902.
 WILLIAM P. CARTER. (SeaD
 PERCY F. PIERCE. (SeaD
 ALBERT C. BERGER. (SeaD
 WILLIAM F. STEADMAN. tSeaD
 CHARLES D. PIERCE. (SeaD The State of Ohio.
 County of Cuyahoga, ss.
 On this Fourth day of February, A. D. 1902, before me. E. J. Thobaben. a Public in and for the County and State aforesaid, residing therein. duly commissioned and sworn, person ally appeared Albert C. Berger. Percy F. Pierce. William ?. Carter. William F. Steadman and Charles D. Pierce, known to me to be the persons de- scribed in. whose names are subscribed to. and who executed the annexed in- , struIncnt. and they acknowledged to T me that they executed the same for the purposes and consideration therein  In Witness Whereof. I have hereunto