Arizona republican., 1902-09-16

ritory of Arizona shall be Phoenix, in Maricopa county. and it may have other offices within said territory, and Dat and in such other places. states or territories. and countries. as the board of directors may determine. at any of which it may keep the books of the company, and hold stockholders and directors meetings. and at any and all of which it may conduct the business of the corporation in all its branches.
 ARTICLE II.
 The objects for which the corporation Is established are:
 To carry on the business of concen- trating, converting, smelting. treating. preparing for market, manufacturing, buying selling, exchanging and othei wise dealing in gold, silver. copper, lead. zinc, brass, iron, steel. and all kinds of ores and minerals, and in the products and by-products thereof of every kind and description and by whatever process the same can or may be hereafter produced; and generally to purchase, lease, bond, locate or otherwise acquire, own. exchange, sell, orNotherwise dispose of. pledge, mort gage, hypothecate and deal in and deal with mining claims, mines, oil gas, as phaltum, petroleum. water and water rights, and to work. mine, explore and develop the same, and to do whatever Is necessary or appcrtains thereto; and to do a general real estate and mer- cantile business; to build, own and op- crate boarding houses; to own. handle, control. issue. license and dispose of letters patent and inventions: to bor- row money and execute mortgages or deeds of trust to secure the same; to hold. purchase or otherwise acquire sell, assign. transfer. mortgage. pledg., and otherwise dispose of the shares of the capital stock. bonds or other evil fences of indebtedness created by any other corpora tion. or corporations, and. while the holder of such stock. to exer- else all the rights and privileges of ownership. including the right to vote | thereon to the same extent as a natural person might or could do; to build, maintain and operate dams, wharves, wagon roads, tramways, steamship lines. steam and electric railroads, and owns, in connection with any and all mills. smelters or mining properties owned or controlled by this company nd in general to do all things neces- sary to the proper conduct of this cor ooration in the territory of Arizona and | elsewhere. not inconsistent with the laws of the territory of Arizona and the laws of the United States.
 ARTICLE III.
 The amount of the capital stock of this corporation shall be seven hundred thousand dollars, divided into seven hundred thousand shares of the par value of $1.00 each. At such time as the board of directors shall direct said capital stock shall be paid into this corporation. either in cash or by the ale and transfer of it for real or per ;onal property for the uses and pur- poses of said corporation, in payment for which shares of the capital stock of said corporation may be issued; and the capital stock so issued shall there 1pon and thereby be fully paid up and lon-assessable.
 ARTICLE ".
 The time of the commencement of this corporation shall be from the date of the filing of these articles of incor- ooration with the secretary of the ter ritory of Arizona. and the life Of the corporation shall be twenty-five years.
 ARTICLE V
 The management of the corporation shall be vested in a board of not less than three nor more than nine direct DTS who shall be elected annually by the stockholders of the corporation, ex- cept the first board, which shall be con- stituted as hereinafter set forth. Any vacancy in the board shall be filled by the remaining members thereof Such board shall have the power to estab- ish bylaws and make all rules and egulations necessary for the manage ment of the affairs of this corporation, lot inconsistent with the constitution md laws of the United States and the avs of the territory of Arizona.
 The following named persons shall constitute the board of directors of this corporation until the first annual meet ng of the stockholders, and until their 'ucccssors are duly elected and quail fed:
 W. c. Heimbeucher. A. H. Armour, ). NJ. Bell, J. F. Depew and J. J. 3rown.
 ARTICLE VI.
 The officers of the corporation shall be president, vice president. secre- tary and treasurer, and such other off, ,ers as the board of directors shall leem necessary for the purpose of transacting it's business.
 The following named persons shall be he officers of this corporation until he first annual meeting of the stock holders thereof, and until their sue cessors are elected and qualified, to- wit:
 President. .....W. c. Heimbeucher Vice President. A. H. Armour
 Secretary and treasurer. D. NJ. Bell
 ARTICLE VII.
 The highest amount of indebtedness )r liabilities. direct or contingent, to which the corporation is at any time ! subject, shall be one hundred and fifty thousand dollars.
 ARTICLE VIII.
 The private property of the stock holders of this corporation shall ba ,xompt from corporate debts of any kind whatsoever.
 ARTICLE TX.
 These articles may be amended modi- fled or changed by the written consent )f the stockholders os record holding 'ot less than two thirds of the stock If the corporation. or by vote of the