The Tucson citizen., 1902-05-26

tDl 10 manufacture, purchase VI
otherwise acquire TO hold, own, mort
gage. pledge. sell. assign and transfer
or othwise dispose of, to invest, trade,
deal in and deal with goods, wares and
merchandise and property of every
class and description.
(c) TO. acquire the good will. rights
and property of any kind. and to un-
iertake the whole or any part OF the
assets and liabilities OF any person,
firm. association or corporation, and
TO pay for the same in cash, stock, or
bonds OF this corporation, or other
wise
| td) To apply for. obtain, register,
purchase, lease or otherwise acquire,
and to hold. own, use, operate. intro
duce and to SELL assign, or to otherwise
dispose of, to grant licenses in respect
of or otherwise turn to account any
and all copyrights. trademarks. trade
names and distinctive marks, and all
inventions, improvements and pro-
cesses used in connection with, or Sc
cured under letters patent of the
United States or elsewhere, or other
wise, and with a view to the working
and development of the same to carry
turing or otherwise which the corpora
ton may think calculated directly or
indirectly TO effectuate these objects.
(el To purchase or otherwise ae-
quire, to hold. sell. assign, transfer,
mortgage, pledge, exchange or other
wise dispose of bonds. mortgages, de-
bentures. obligations, or shares of the
capital stock of any corporation, ana
to exercise in respect Of all such prop
erty any and all the rights, powers
and privileges of individual owners
| thereof.
(D To enter into, make, perform
and carry out contracts of every kind
with any person, firm, association or
corporation.
| tgl To draw. make. accept. endorse.
| discount execute and issue promissory
notes. bills of exchange. warrants
bonds debentures and other negotiable
or transferable instruments.
| (h) To procure the corporation to
| be registered or recognized, to have
one or more offices, to carry on all or
any of it's operations and business,
and unlimitedly and without restric-
tion to hold, purchase. mortgage and
convey real and personal property in
any State or Territoy of the United
States, and in any foreign country or
place.
To do all and everything necessary
suitable or proper for the accomplish
ment of any of the purposes or attain
ment of any of the objects hereinbefore
enumerated, or which shall at any time
appear for the benefit of the corpora
| Al tr ay~,.Ny
other business (whether manufacturing
or otherwise) which may seem to the
corporation capable OF being conve-
niently carried on in connection with
! the above, or calculated directly or in
directly to enhance the value of or
render profitable any of the corpora
tion's property or rights.
The object specified in the Third
paragraph shall. except where other
wise expressed in said paragraph. be
no wise limited or restricted by refer
ence to or inference from the terms OF
any other clause or other paragraph
herein. but that the objects specified
in each of the clauses Of this paragraph
shall be regarded as independent OBJ
jects.
Fourth. The total amount OF the
capital stock of this corporation is to
be twenty million dollars t$20 900 000) j..
divided into two million t2000. .000).
shares of ten dollars $4,000 each. of
which one million seven hundred and
/ fifty thousand Il. 750,000l shares
shall be known and designated as non
cumulative common stock. and two
hundred and fifty thousand (250000)
shares shall be known and designated
as preferred stock. and shall bear eight
! (S1 per cent cumulative dividends.
and shall participate equally and pro
rata with the common stock after the
payment of a dividend of ten (10) per
cent upon the common stock. The
said stock shall be paid in from time
to time in such amounts as the com
pany. by due action of its Board of
| Directors, shall require.
Fifth. The time of the commence
ment of the corporation shall be the
date of the filing of these articles of
incorporation, and the said corporation
shall continue for period of twenty
five years and for such further term as
1t may be renewed. in accordance with
| the provisions of the statutes in that
case made and provided.
are to be conducted by a President.
Vice President, General Manager, Sec
retary and Treasurer, acting in accord
ance with their respective duties as the
same shall be more particularly de-
| fined in the bylaws of this corpora
| ton. Said officers shall be elected at
the annual meeting of the Board of Di-
rectors. to be held on the second Tues
day of January of each and every year
during the existence of this corpora
ton. excepting. however. that the cor
porators shall have the right by
majority vote to elect officers of the
corporation who shall conduct its af-
fairs from the time of the completion
OF its organization until the time of the
first annual meeting. as herein pro-
Yided
Seventh The highest amount of in |
debtedness or liability to which the /
corporation shall at any time subject |
itself shall not exceed two-thirds of its |
capital stock,