The news-herald., 1902-10-04

wise turn to account any such trade
marks, patents, licenses, processes and
the like, or any such property or rights,
incidental to the bUoiness Of the cor
poration.
To purchase, lease and otherwise ac-
quire, and to hold, occupy, cultivate,
develop and work and to lease, mott
gage, sell and otherwise dispose Of real
estate and interests in real estate OF
every sort whatsoever and wheresoevef
situated.
To purchase and otherwise acqu' ire
the good will, property, rights and as
sets of any person, firm, association or
! corporation, and to pay for the same in
cash, STOCK bonds of this corporation
or otherwise.
To purchase and otherwise require
and to hold, use and enjoy, aid to As
sign, sublet and otherwise dispose Ct
properties, franchises, concessions, sub.
sides, licenses, contracts and rights o.
every sort whatsoever and WheresOever
situated, and whether public or private
for or in relation to any of the purposes
herein set forth.
To issue it's capital stock as and
when it's board OF directors may de-
termine, for cash or in payment FOR
property acquired, or material fur
nished, or work done or contracted 20
be done, or services rendered. or con-
tracts, patent rights, or other right as
signed or otherwise acquired.
To borrow money. to make and issra
bonds, debentures. obligations and eY.-
dences of indebtedness of all kinds to
any amount not exceeding two-thirds
Of the par value of the capital stock,
and to secure the same by mortgage
pledge or otherwise.
To enter into, make perform anC
carry out contracts Of every sort and
kind, with any persons, firm, associa-
ton or corporation. private or public,
municipal or body politics, and with the
government of the United States Or IF
any state, territory or colony thereof,
and with any foreign government, in
cidental and necessary for the afore-
said purposes.
To conduct its business in any of the
states, territories, colonies or de-
Tendencies of the United States, in the
District of Columbia, and in any and
in all foreign countries; to have one or
more offices therein, and therein to
hold, purchase, mortgage and conve!
real and personal property, without
limit as to amount, but always subject
to local laws
To do any or all of the things Herein
set forth as principal or agent to the
same extent as natural persons might
or could do and in any part Of the
world. To do everything necessary,
suitable, convenient or proper for tht
accomplishment of any Of the purposes
/ herein set forth CT which are incidental
or conducive to the attainment Of tn9
powers herein named, with all the
1 powers now or hereafter conferred by
the laws Of Arizona upon corporations
! formed under the statutes.
The foregoing clauses shall be con-
strued both as objects and powers; and
ii is hereby expressly provided that thc
foregoing enumeration of specific pow
ecs shall not be held to limit or restrict
in Gny manner the powers Of the cor
pCratIOn.
Provided, however, this corporation
shall not engage in the business Of
banking, insurance or the construction
and operation of railroads.
Which corporation shall keep its
principal office i'll Arizona, in Phoenix,
Maricopa county, and it's principal
places as the directors may from time
to time decide.
The capital stock of said corporation
shall be Ten Million Dollars ($10,00O,-
| 100000, divided IN one million SnareS Ol
the par value of Ten Dollars ($10.0O)
each, all CT which shall be paid in cash
OF property within twelve az months
from this date.
The business of said corporation
shall be conducted by a board of d1-
rcctors, who shall have full power over
all the property and affairs thereof; 20
buy, sell, mortgage or otherwise dis
pose Of any lands, concessions, options,
franchises and other property for sad
corporation for such amounts and cE
such terms as they deem proper; to
elect officers, prescribe their duties and
compensation and delegate such poWe's
and authority to them and to agents
and committees as they deem proper.
All these powers, or any of them,