Arizona republican., 1902-07-10

handle and control inventions ana let ters patent relating to and incident to the mining, milling and smelling of ores: to buy. sell, own, use and control real estate, water rights, power, mill sites machinery. appliances, fixtures, buildings. stock of other corporations, letters patent and inventions: to con- duct and carry on a general mercantile business: to borrow money. issue bonds, and to mortgage. pledge or oth erwse dispose oi any and all of it's corporate property and to do any and all things. and to acquire all property. real and personal. which may be re- quired and necessary to carry into ef- feet the objects for which this said cor poration is formed.
 ARTICLE III.
 The capital stock of this corpora ation is and shall be Two Million (S2 .000.- .00) Dollars, divided into Two Mill lion 1000. .00O shares of the par value of One ($1.O0) Dollar each. and at such times as the Board of Directors may by resolution direct, said capital stock may be paid into this corporation, either in cash or by the sale and trans fer to it of real or personal property for the use and purposes of said cor II. of the capital stock oi said corporation may be issued, and the capital stock so issued shall thereupon and thereby be- come and be fully paid up and non-as- sessable, and in the absence of actual fraud in the transaction, the judgment of the directors as to the value Of the property purchased shall be conclusive.
 ARTICLE ".
 The time of the commencement of this corporation shall be the day upon which these Articles of Incorporation shall be filed for record in the office of County Recorder of said Maricopa County. Arizona Territory. and the time of the termination of this corpo- ration shall be twenty-five (25) years thereafter: and it may acquire, own and hold property and transact its business and exercise all its powers in any portion Of North America.
 ARTICLE V.
 The affairs of this corporation shall be conducted by Board of Directors, seven @ in number. who shall be stockholders in said Company, and the following shall constitute the Board of Directors. who shall hold their offices till the second Monday in January 1903. and until their successors are elected: Samuel c. Rogers, Newton Higbee. Ira C. Logan. William A. Crawford. William H. Barnhart, L. Bradley Dorr and Charles D. Black hall.
 ! Thereafter the Board of Directors shall be elected from among the stock holders as the bylaws of the corpora tion may provide, at the annual meet | i,,cr -tn al-bn nId i1I, held 2nd Monday in January, 1903. and annually thereafter.
 ARTICLE VI.
 The stockholders of this corporation and their private property shall be ex- empt from liability for corporate debts of this corporation, and the highest amount of indebtedness or liability tc which this corporation shall at any time subject itself. direct or contin- gent. is the sum of Two Hundred Thousand ($200, ,00O0O) Dollars ARTICLE VII.
 The Board of Directors shall have the power to appoint all necessary at torneys, agents and servants of the | corporation and to establish and amend bylaws, rules and regulations deemed necessary for the management; of the Company. not inconsistent with | the laws and these articles, to create the office of President Vice President Secretary and Treasurer and Genera i Manager and such other offices as may be deemed necessary.
 If any vacancy occur on account ci sickness, death or from any othe, cause in the Board of Directors sucf vacancy may be filled by the remaining members of the Board
 IN WITNESS WHEREOF, the in corporators hereof have hereunto se their hands this - day of June. A. D 1902
 WILLIAM Ii. BARNHART.
 SAMUEL C. ROGERS.
 IRA C. LOGAN.
 State oi New York.
 County of Erie, ss.
 Before me. John A. Van Arsdale, . Notary Public in and for said County New York State, on this day person ally appeared William H. Barnhart Samuel C. Rogers and Ira C. Logan known to me to be the persons whose names are subscribed to the foregoing instrument and acknowledged to m, that they executed the same for the purposes and considerations therei1 1 expressed.
 GIVEN under my hand and seal O. office this 18th day of June. A. D. 1902
 (Nctarial Seal)
 JOHN A VAN ARSDALE.
 Notary Public in and fo
 Erie Co.,, N. Y. State of New York,