Arizona republican., 1902-06-22
America and in for

otherwise, lands, mines, or mining claims, water rights, wells and con- duits fer water supply, rights of way fer the construction of conduits for conveying oil or water, as also to sell or lease the same. :. To engage in and carry on the business of mining or boring for oils, metals, minerals, coal. gypsum, or any valuable product, and to refine, man. 1 ufacture, reduce or render the same salable and marketable or profitable, or to sell the same.
 | 8. To construct. own and operate it's own line of railroad from it's proper | ties to the nearest connecting rail point, for the purpose of transporting | freight and the products of said com pany to and from it's property: also to construct. own, maintain and operate it's own telegraph and telephone lines and such other means of rapid com munication as may now or hereafter | be in existence for the purpose of ia cilitating or aiding in the convenient | transaction of the company's business: also to construct own, maintain and operate it's own gas or electric plant for its own or any other purposes whatsoever; also to do and perform all things necessary to transact the af- | fairs and business of the corporation within and without the Territory of Arizona, and requisite and proper for l the purpose of carrying out all CT any of the objects herein specified. and any CT all of said business can be trans acted to the same extent, purpose and | effect as the same or any part thereof could be done by natural person.
 Third. The amount of capital stock shall be the sum of Three Hundred and Fifty Thousand Dollars (s350. .0G0) divided into Three Hundred and Fifty Thousand (350,000) shares, of the par value of One Dollar CSD each. which capital stock when issued must be fully paid up and non -assessable; pro- vided. however, that the Board of Di- rectors may issue stock in payment Of land purchased or leased, or in pay ment of other valid obligations, and may sell fully paid up stock for more or less than One Dollar GD per share. The Board of Directors may sell stock to provide funds to pay expenses for incorporating and other preliminary expenses.
 Fourth. That the -erm fer which said corporation is to exist is TWENTY FIVE YEARS (20 from and after the date of it's incorporation.
 Fifth. The highest amount of in debtedness or liability to which the corporation shall at any time subject itself shall be the sum of One Hun dred Thousand (S1OO,OO0) Dollars.
 Sixth. The private property of the stockholders of this corporation shall be- exempt from all corporate debts ant. liabilities of every kind, and the stocllh oltiers of this corpora tion are hereby exempted from any liability for the debts or liabilities of this cCrpora- ton.
 Seventh. The business and affairs of this corporation shall be conducted and managed by a Board of Directors of not less than five (5) nor more than eleven QD members. and in said Board shall be vested the corporate powers of the corporation. The Board of Di- rectors shall be elected by the stock holders at their annual meetings and shall hold office and serve for one year from and after the date of said cleo ton and until the election Of their sue cessors.
 Eighth The Board Of Directors shall have power to pass bylaws and make amendments thereto, and the said corporation shall have power to increase or diminish it's capital stock by a two-thirds vote of the stockhold CTS represented at any regular stock holders meeting or any special meet ing of stockholders called for that pur- pose, and by filing the certificate there of, and by publishing the same in the manner as is provided by law for the recording and publishing of these ar ticles of incorporation.
 IN WITNESS WHEREOF, We have hereunto set our hands and seals this 2S day of May, A. D. 1902.
 Signed.
 l. L. BRYNER (SeaD
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