Arizona republican., 1902-07-08


 lands mineral lands, oil. gas, asphal- tliin, petroleum. mining claims. water and water rights, and to work. refine, mine, explore and develop the same. to do a genel q real estate and mercantile business, .o own. handle and control letters patent and inventions. to bOr- TOW money ard execute mortgages CT deeds of trust to secure the same, anI in general to Go all things necessary to the proper conduct of the business of this corporation in the Territory of Arizona and elsewhere, not iuconsist- ent with ;he iaws of the United States and the Territory of Arizona. and to acquire and hold any property neces- sary or convenient in the transaction of any of it's business. It shall have the power 1o borrow money and to is sue its notes, bonds or other o5liga- tions, therefor, in it's corporate name and to secure the same. may pledge, ? OTtgage or convey in trust any prop erty or rights owned or controlled by it.
 THIRD. Among the powers Of this body corporate shall be to have per petuaI succession, to sue and be sued by it's corporate name, to have col9l- mon seal and alter the same at pleas ure to prescribe the mode of making transfers of stock or interests of it's stockholders, to make contracts. to ac- Guire and transfer property oG any kind and description, both real and personal, including shares of the cap ital stock and bonds or other obliga- tions of any corporation. and to pos sess the same powers in such respects as private individuals now enjoy; to establish bylaws and make all rules and regulations deemed eXpeiient for the mana agement of it's affairs not in consistent w'th the laws and consttu- ton of the United States and the laws of the Territory of Arizona.
 FOURTH: The capital stock of this corporation shall he Six Hundred Thousand Dollars ($6COOO0) divided into sixty thousand C60,G0O shares of the par value of Ten Dollars &lO each, the same to be issued full paid and non -assessab!e. Such stock may be issued in payment for property pur- chased CT otherwise acquired by the corporation at the time such property is conveyed tc the corporation or otherwise acquired by it. In the event that any of the stock is sold for cash the stock is to be issued at the time payment is made.
 FIFTH: The time of the commence ment of this corporation shall be the date Of the filing ot these Articles of Incorporation in the office of the Sec retary of Arizona. and the terminal ton thereof shall be t"e::uy-five (25) years thereafter. and it may own and hold property and transact it's business and exercise all it's powers in any DOT ton of the United States.
 SIXTH: The affairs of this corpora tioa shall be conducted by a Board Of not les sthan five (5) O. more than ten G0) Directors who shall be elected at such times and in suca manner as shall De prescribed by the bylaws, and when elected, each shall serve un- II his successor shall be elected, but until the first annual election the Board of Directors shall consist Of such and as many persons. not eXced- ing ten in number as the incorporators or stockholders may determine and elect.
 SEVENTH: The officers of the cor poration shall be the President. Vice President. Secretary and Treasurer. who shall he elected by the Board of Directors at tke first meeting held by the Board and immediately after the stockholders first meeting. Both off cers and Directors shall lold their of fees until the next annual meeting after their election and until their sue ,essors are elected and qualified. EIGHTH: The highest s.lsount O.. indebtedness or liability, direct or con tingent. to which this corporation shall subject itself at any time is One Hun dred Thousand Dollars ($100,O0G)
 NINTH: The private property of the stockholders of this corporation shall 6e exempt from all corporate debts of any kind whatsoever.
 IN WITNESS WHEREOF. We have hereunto set our hands and seals this zith day of June i. D. 1Gc2
 (L. S.) EDWARD r. LOND.
 Au Table, Mich. C.. S.) V. J. DALEY,
 Mt. Clemens, Mich. G. s3 JOHN S. QUINN.
 Detroit, Mich. G-. S.) W O. RANDALL,
 Port Huron, Mich. C.. S.) SAMUEL N. SMITH,
 Detroit, Mich. C.. SD w. F. THOMPSON. N. S.) JAMES C. WHITE. M. D.,
 Mt. Clemens, Mich. C.. S.) ". \. ELDRIDGF,.
 Detroit, Mich. U. s.) C. E. BANTER,
 Detroit, Mich C.. S.) !. W. GREEN.
 Detroit. Mich State of Michigan,
 County Of Wayne ss.
 Before me, Fred H. Aldrich, 2 No t21y Public in and for said County, personally appeared Edward r. Lond, W. J. Daley, John s. Quinn, W. O. Randall Samuel NJ. smith, W. R. Thompson, James c. White, M. D; W. A. Eldridge, C. E. Baxter and ,. ". Green, known to me to be the persons whose names are subscribed to the