Arizona republican., 1902-07-04

lands mineral lands. OIL gas, >asphal-
tum. petroleum, mining claims. water
and water rights, and to work. refine.
mine, explore and develop the same. to
do q genei IL real estate and mercantile
business, % own. handle and control
letters patent and inventions. to Dor
row money ard execute mortgages or
deeds of trust to secure the same, AMI
in general to do all things necessary to
the proper conduct Of the business of
this corporation in the Territory OF
Arizona and elsewhere, not inconsist-
ent with The laws 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. 1t shall have
the power 20 borrow money and to is
sue its notes. bonds or other obliga-
lions, therefor, in its corporate name
and to secure the same, may pledge
II ortgage 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-
petual succession, TO sue and be sued
by its corporate name. to have COM
mon seal and alter the same at pleas
ure, to prescribe the mode OF making
II ansfers of stock or interests of its
stot kholders. to make contracts, to ac-
quire and transfer property of 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 eXpedient for
the management of its affairs not in
consistent with the laws and constitu-
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 (s600000 divided
| into sixty thousand (60,000) shares of
| the par value of Ten Dollars (S1O
each, the same to be issued full paid
and nou-a ssessable. Such stock may
be issued in payment for property pur-
| chased or otherwise acquired by the
| corpora ton at the time such property
! is conveyed to 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 OF these Articles of
| Incorporation in the office OF the Sec
| rotary of Arizona, and the terminal
| ton thereof shall be twenty-five (25)
years thereafter, and it may own and
hold property and transact its business
and exercise all its powers in any por-
! ton of the United States.
! SIXTH: The affairs of this corpora
| ton shall be conducted by a Board of
not les sthan five 90 or more than ten
| QO Directors who shall be elected at
such times and in, such manner as
shall be prescribed by the bylaws,
and when elected, each shall serve I'M
/ til his successor shall be elected, but
until the first annual election the
Board of Directors shall consist of
such and as many persons. not exceed
! 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 be elected by the Board of
{ Directors at the first meeting held by
/ the Board and Immediately after the
! stockholders first meeting. Both off
| GERS and Directors shall hold their Of
J fees until the next annual meeting
after their election and until their sue
cessors are elected and qualified.
EIGHTH: The highest amount o.
Indebtedness or liability. direct or con-
| tingent. to which this corporation shall
subject itself at any time is One Hun
dred Thousand Dollars (s1OO,OOO).
NINTH The private property of the
/ stockholders of this corporation shall
be exempt from all corporate debts OF
any kind whatsoever.
IN WITNESS WHEREOF. We have
hereunto set cur hands and seals this
oath day OF June, A. D. 1902.
IL. 81 EDWARD F. LOND.
Au Table. Mich
q. 81 w. J. DALEY.
Mt Clemens. Mich
u. So JOHN S. QUINN,
Detroit, Mich
q. s. W. o. RANDALL
Port Huron. Mich
q. 81 SAMUEL NJ. SMITH.
Detroit. Mich
q. s. w. r. THOMPSON.
I l.. 81 JAMfS T. w Ill L NJ ~
Mt. Clemens, Mich
q. 81 w. A. ELDRIDGE.
Detroit. Mich
IL. So c. z. BAXTER,
Detroit, Mich
q. 81 l. w. GREEN,
Detroit. Mich
State of Michigan,
County of Wayne. IS.
Before me. Fred H. Aldrich. No
tary Public in and for said County
personally appeared Edward F. Lond
w. ]. Daley. John S. Quinn, w. o
Randall, Samuel NJ. Smith. w r
Thompson, James c.. White, NJ. D.; w
A. Eldrdge. c. E. Baxter and |. w
Green known TO me to be the person
whose names are subscribed to th'
foregoing instrument, and each &C
knowledged to me the signing and exc
cution of the foregoing articles of In