Arizona republican., 1902-07-06

lands mineral lands, oil gas, asphal- tum, petroleum, mining claims, water and water rights and to work, refine, mine, explore and develop the same, to do a genel al real estate and mercantile business, 70 own, handle and control letters patent and inventions. to bor- row money ard execute mortgages or deeds of trust to secure the same, and in general to do all things necessary to the prope conduct of the business of this corroratIou in the Territory of Arizona and elsewhere. not inconSist- ent with ;he iaws of the United States and the Te: r:tory of Arizona. and to acquire and hold any property neces- sary or convenient in the transaction Of any of it's business. It shall have the power 70 borrow money and to lS- sue its notes, bonds or other obliga- tions. therefor, in it's corporate name, and to secure the same, may pledge II ortgage or convey in trust any prop erty or rights owned or controlled by it.
 THIRD. Among the powers of this body corporate shall be to have per petual succession. to sue and be sued
  mon seal and alter the same at pleas ure, to prescribe the mode of making transfers of stock or interests of its stOC kholders, to make contracts, to ac- quire and transfer property of any kind and description. both real and personal, including shares of the cap ital stock and bonds or other obliga- ! tions of any corporation, and to pos ,oI as private individuals now enjoy; to establish bylaws and make all rules and regulations deemed eXpedient for the management of its affairs not in consistent with the laws and constitu- ton of the United States and the laws of the Territory of Arizona. FOURTH: The capital stock of this corporation shall be Six Hundred Thousand Dollars (s600.000) divided into sixty thousand (6O,OOO shares of the par value of Ten Dollars (s1O each, the same to be issued full paid | and non assessable. Such stock may be issued in payment for property pur- | chased or otherwise acquired by the corpora ton at the time such property ' is conveyed to the corporation or otherwise acquired by it. In the event that any of the stock is sold for cash | the stock is to be issued at the time payment is made.
 | FIFTH: The time of the commence ment of this corporation shall be the date of the filing of these Articles of Incorporation in the office of the Sec retary of Arizona, and the terminal ton thereof shall be twenty-five (25) years thereafter. and it may own and hold property and transact its business and exercise all its powers in any DOT tion of the United States.
 SIXTH: The affairs of this corpora tion shall be conducted by Board of not les sthan five (5) or more than ten 00 Directors who shall be elected at such times and in such manner as shall be prescribed by the bylaws. and when elected, each shall serve un- i til his successor shall be elected. but until the first annual election the Board of Directors shall consist of such and as many persons. not eXced- ing ten in number as the incorporators or stockholders may determine and elect.
 SEVENTH: The officers of the cor poration shall be the President. Vice President. Secretary and Treasurer.
 
 Directors at the first meeting held by the Board and immediately after the stockholders first meeting. Both off, cers and Directors shall hold their of fees until the next annual meeting after their election and until their sue cessors are elected and qualified. EIGHTH: The highest amount of | indebtedness or liability. direct or con- 4 in Ik-l-iC hi ha1 subject itself at any time is One Hun dred Thousand Dollars (s1OO,OOO). | NINTH:The private property of the be exempt from all corporate debts of any kind whatsoever.
 | IN WITNESS WHEREOF. We have | hereunto set our hands and seals this 24th day of June, A. D. 1902 C.. S.) EDWARD F. LOND, | Au Table, Mich. C.. S.) w. J. DALEY,
 Mt. Clemens Mich. G. s.) JOHN s. QUINN. Detroit, Mich. O. S.) w. o. RANDALL, | Port Huron. Mich. l C.. S.) SAMUEL Nj. SMITH. Detroit, Mich. | L. S.) w. R. THOMPSON, ! d. S) JAMES G. WHITE. M. D..
 Mt. Clemens, Mich
 G. S.) w. A. ELDRIDGE, Detroit. Mich | G. S) C. F. BAXTER,
 Detroit, Mich 1 G. S.) I. w. GREEN,
 ] Detroit. Mich 1 State of Michigan,
 County of Wayne. ss.
 Before me. Fred H. Aldrich, a No- tary Public in and for said County personally appeared Edward F. Lond
 W. J. Daley. John s. Quinn, W. O
 Randall, Samuel M. Smith. w. R i Thompson, James G. White, M. D.: w
 A. E,ldridge, C. E. Baxter and l. w
 Green, known to me to be the persons whose names are subscribed to the foregoing instrument, and each ac- | knowledged to me the signing and exc
 cution of the foregoing articles of In ! cOrpora tiOD for Iba uSpS and purposes