The news-herald., 1902-10-25

wise turn to account any such trade
marks, patents, licenses, processes and
incidental to the business Of the cor
poration.
To purchase, lease and otherwise ac
quire, and to hold, occupy, cultivate,
develop and work, and to lease, mort
gage, sell and otherwise dispose of real
estate and interests in real estate of
situated.
To purchase and otherwise acqu re
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 acquire
and to hold, use and enjoy, AID to As
sign, sublet and otherwise dispose CT
properties, franchises, concessions. sub
sides, licenses contracts and rights Of
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 "a
! be done, or services rendered, OF con-
tracts, patent rights, or other right as
signed or otherwise acquired.
To borrow money, to make and Issue
promissory notes, bills of exchange,
bonds, debentures, obligations and ev.-
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 anI
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 Of
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 or which are incidental
or conducive to the attainment of the
powers herein named, with all the
| 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
it is hereby expressly provided that the
foregoing enumeration of specific pow
ecs shall not be held to limit or restrict
in any manner the powers Of the cor
p(rGtion.
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 IN Arizona, in Phoenix,
Maricopa county, and its principal
Office outside Arizona in such place or
places as the directors may from time
to time decide.
The capital stock of said corporation
shall be Ten Million Dollars ($1O,0O0,
| OVO'OOJI uIFAOCO Ill OllC S1dl co VI
the par value of Ten Dollars ($10.00)
each, all of which shall be paid in cash
Or property within twelve (12) months
from this date.
The business of said corporation
shall be conducted by a board of d.
rectors, 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 said
corporation for such amounts and On
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.
I All these nON.prS Or nnU 0f them