Arizona republican., 1902-11-20
ARTICLES OF INCORPORATION
 OF COMPANIA DE INVERSIONES.

KNOW ALL MEN BY THESE PRESENTS, That the undersigned cor porators desiring to form a corporation under the provisions of Chapter ? of Title 13 of the Revised Statutes of the Territory of Arizona, in the United States of America, do hereby form and declare themselves to be a corporation and adopt the following as their Ar ticles of Incorporation.
 ARTICLE I.
 The name by which this Corporation shall be known and transact business is, COMPANIA DE INVERSIONES.
 ARTICLE ?.
 The principal place of business of this corporation within the Territory of Arizona is Phoenix, Maricopa county, Arizona, and the principal place of business outside of the Territory of Arizona shall be in the City of Buenos Ayres, in the Republic of Argentina, in South America, at which place stock holders and directors meetings may be held, and the corporation may have such other offices outside of the Terri tory of Arizona as the Board of Direc- tors may direct.
 ARTICLE 3.
 The general nature of the business to be transacted by this corporation is as follows: To make contracts. to pur- chase, lease, bond, locate or otherwise acquire, own, exchange, sell or other wise dispose of. pledge, mortgage, sell. hypOthecate and deal in real estate and any and all kinds of personal property, mines, mining claims, oil lands, mineral lands, gas, asphaltum. petroleum, as- bestos, rubber, salt, water and water rights and machinery, and to work, mine and explore. operate and develop the same: to do a general real estate, manufacturing and mercantile busi- ness; to own. handle and control letters patent and inventions, and shares of capital stock of other corporations; to borrow money and execute notes, bonds, mortgages or deeds of trust to secure the same, and to exercise in re- spect of such bonds, mortgages, notes, shares of capital stock and other se curities and other obligations any and all rights, powers and privileges of in- dividual owners thereof including the right to vote on any shares of stock held by it to the same extent that natural person might or could do, to lay out anu subdivide large tracts of land into smaller tracts and into town lots, to seceive deposits of money ami to pay interest thereon, to loan it's funds on mortgages repayable in monthly installments, to issue bonds payable in monthly installments, to do a general contracting business, and to procure grants and franchises from Ma tions, States and Municipalities, to pur- chase bills, notes, bonds, mortgages or other securities evidenced by written fy,c- fn fn TNlsf loans for any person or persons, firm or corporation and charge a commission therefor, to buy and sell building ma terial, to erect dwelling and store houses or other buildings or structures, and in general to do all things neces- sary for the proper conduct of it's busi- ness that are not inconsistent with the laws of the Territory of Arizona, or the United States, or of the country in which it may elect to do business.
 ARTICLE 4.
 The authorized capital stock of this corporation shall be Three Hundred Thousand dollars ($3OO,OOO divided into Thirty Thousand shares (30,0OO of the par value of Ten dollars $10 each. At such time as the Board of Directors shall direct said capital stock shall be paid into this corporation, either in cash or in such other form as the Board of Directors may approve, by the trans fer to the corpora ton of either real or personal property for the use of the corporation, and the capital stock so issued shall thereupOn and thereby be- come fully paid up ana nOn-assessable, and in the transaction the judgment of the directors as to the value of the property shall be conclusive.
 ARTICLE 8.
 The affairs of this corporation shall be conducted by a board of five (5) d. rectors, and the following named shall constitute the Board of Directors until their successors shall be elected: k. FL ton Hopson, V. B. Loebnitz, J. D. Mc- Tighe. Lawrence B. Ross, B. B. Hop son, and thereafter the directors of the corporation shall be elected from the stockholders as the bylaws may direc-. The officers of this corporation until their successors may be elected shall be: J. D. McTighe, president; V. B. Loebnitz, treasurer; Lawrence B. Ross, secretary; R. Elton Hopson, general manager.
 ARTICLE 6.
 The stockholders of this corporation and their private property shall be lia- bIe for the debts of this corporation, in an amount equal to the par value of the stock held by each of them. ARTICLE '.
 Neither the secretary nor the treas urer need be members of the board of | directors.
 ARTIVLE 8.
 The highest amount to which this | corporation shall subject itself in the