Arizona republican., 1902-11-22
fContinued From Eighth Page.)

carving undertakings by land and Wa ter. markets, exchanges, hotels, resi- dences, stores, shops and places of amusement, recreation. or instruction, whether for the purpose of the Com many or for sale or hire, to or in return for any consideration from any other company or persons.
 Q. To transact and carry on all kinds of Agency and commission business, and in particular to collect monies, roy alties, revenue, interests, rents, debts, to negotiate loans, to find investments, and to issue and place shares, stocks, bonds, debentures, debenture stock or securities.
 f. To subscribe for, purchase, or oth erwise acquire, hold, sell, exchange, dispose of and deal in shares, stocks, bonds. debentures debenture stock, or obligations of any company, domestic or foreign, or of any authority, su preme, municipal, local or otherwise.
 E. To guarantee the payment of money, secured by or payable under or in respect of bonds, debentures, deben- lures stock, contracts, mortgages, charges, obligations and securities of any company, whether domestic or for eign, or of any authority supreme, mu- nlClDdl, lOCdl UT Olnti NlSCs UT OL olly persons whomsoever whether corporate or unincOrporate.
 Il. To receive moneys, securities and valuables of all kinds on deposit at in terest or otherwise, or for safe custody and generally to carry on the business of safe deposit company.
 i. To lend money to such parties and on such terms, with or without securi- ty, as may seem expedient, and particu larly to customers or any persons hay ing dealings with the Company, and to guarantee the performance of contracts by members of or companies having dealing with the company, and to draw accept endorse, discount, issue, buy, sell and deal in bills of exchange, promis- sorry notes, drafts, bill of lading, coup ons, warrants and other negotiable or transferable instruments, and buy, sell and deal in bullion, specie and coin.
 j. To borrow or raise or secure the payment of money for the purpose of the company in such manner and upon such terms as may seem expedient and to secure the repayment or payment thereof by bonds, debentures or deben- ture stock the same to be made payable to bearer or otherwise. and issuable or Day dDlC cNl pal Oi dl c pA Cii4Ahii4 or discount CT by mortgages. scrip cer- tificates, bills of exchange or promissory notes, or by any other instrument or in such manner as may be determined, and for any such purposes to charge all or any part of the property of the com pany, both, present and future, includ- ing its uncalled capital and to allot the shares of the company credited as fully or partly paid up, or bonds, debentures, debenture stocks issued by the company as the whole or part of the purchase price for and property purchased by the company, or for any valuable con- sideration.
 k. To give the call of shares and to confer any preferential or special right to the allotment of shares on such terms and in such manner as may seem expedient.
 l. To do all such other things as are incidental or may be thought conducive to the attainment of the above objects, or any of them.
 Third: The authorized amount of capital stock of this corporation shall be Ten Thousand dollars (s1000O.00) di- vided into ten thousand shares of the par value of One Dollar (S10O) each. At such time as the Board of Directors may by resolution direct, said capital stock shall be paid into this corporation either in cash or by the sale and trans fer to it of real or personal property for the uses and purposes of said corpora tion, in payment for which shares of the capital stock of the said corpora tion may be issued, and the capital stock so issued shall thereupon and thereby become and be fully paid up nd h1a nd in the ahGpncp of actual fraud in the transaction the judgment of the directors as to the value of the property purchased shall be conclusive.
 Fourth: The time of the commence ment of this corporation shall be the date of filing of these Articles of Incor- poratiOn in the office of the Secretary of Arizona, and the termination thereof shall be twenty-five years thereafter.
 Fifth: The affairs of the corporation shall be conducted by Board of five Directors and the following named shall constitute the Board of Directors until their successors are elected: Will liam F. Matlock, Clarence l.. Andrews William w. BoughtOn, Benjamin K Hall and Henry C. Diers.
 Thereafter Board of Directors shal be elected from among the Stock-hold CTS as the Bylaws of the corporation may provide.
 Sixth: The highest amount of in debtedness or liability, direct or con tingent, to which this corporation is a any time subject shall be seven thous and five hundred dollars (s7,5000O)
 Seventh: The private property of tn Stockholders of this corporation shal be exempt from corporate debts of an. kind whatsoever.
 IN WITNESS WHEREOF, we hav hereuntO set our hands and seals thi Twentieth day of May A. D., 1902.
 w. w. EDUCATION, (SeaD
 BENJAMIN K. HALL, (SeaD
 HENRY c. DIERS. (SeaD
 CLARENCE L. ANDREWS (SeaD
 WILLIAM F. MATLOCK.> (SeaD UNITED STATES OF AMERICA,