Arizona republican., 1902-07-09

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 a gene1 q real estate and mercantile business 70 own, handle and control letters patent and inventions, to bor- row money ard execute mortgages or deeds of trust to secure the same, and in general to do all things necessary to the proper conduct of the business of this corporation in the Territory O.; Arizona and elsewhere, not inconsist- ent with :he jaws of the United States and the Te. .r.tory 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 to borrow money and to is sue it's notes, bonds or other obliga- tionS, therefor, in it's 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 
 by it's corporate name, to have com- mon seal and alter the same at pleas ure, to prescribe the mode of making l transfers of stock or interests of its stoc 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 regulation deemed eXpedlent Tor the management of it's affairs not in- consistent with the laws and constltu- tion of the United States and the laws of the Territory of Arizona.
 FOURTH: The capital stock of this corporation shall be Six Hundred Thousand Dollars (s60O.OOO) divided into sixty thousand (60,0OO shares oi the par value of Ten Dollars ($1O each, the same to be issued full palo and non-assessable. Such stock may be issued in payment for property pur- chased or otherwise acquired by the corporation at the time such property is conveyed to the corporation or 1 that any of the stock is sold for cash 1 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 termina- i ton thereof shall be twenty-five (25) years thereafter, and it may own and i 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 ton shall be conducted by a Board ot not les sthan five (5) or more than ten Q0) Directors who shall be elected al such times and in such manner as shall be prescribed by the bylaws and when elected, each shall serve un- til his successor shall be elected, but until the first annual election the Board of Directors shall consist ot , 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 be elected by the Board ot Directors at the first meeting held by the Board and immediately after the stockholders first meeting. Both off ceFs and Directors shall hold their of ' fees until the next annual meeting after their election and until their sue cessors are elected and qualified. i EIGHTH: The highest amount O. ] indebtedness or liability. direct or con tingent, to which this corporation shal subject itself at any time is One Hun dred Thousand Dollars (s1OO,OO0).
 NINTH:The private property of the stockholders of this corporation shal be exempt from all corporate debts oi any kind whatsoever.
 IN WITNESS WHEREOF, We have i hereunto set our hands and seals this 24th day of June, A. D. 1902.
 G. S.) EDWARD r. LOND,
 Au Table, Mich C.. s.y W. J. DALEY. lb
 Mt. Clentefs, Mich C.. S.) JOHN S. QUINN,
 Detroit. Mich C.. S.) w. o. RANDALL,
 Port Huron, Mich C.. S.) SAMUEL NJ. SMITH, Detroit, Mich 1 C.. S.) w. R. THOMPSON, ! N. S.) JAMES G. WHITE, M. D., Mt. Clemens, Mich Q. S.) w. A. ELDRIDGE, Detroit, Mich | Q. S.) C. E. BANTER,
 Detroit Mich O. s.) l. W. GREEN,
 Detroit, Mich i State of Michigan,
 County of Wayne, ss.
 Before me, Fred H. Aldrich. a No tary Public in and for said County personally appeared Edward r. Lond W. J. Daley, John s. Quinn, w. O Randall, Samuel M. Smith. w. R Thompson, James G. White, M. D.; w A. Eldridge, C. E. Baxter and I. w Green, known to me to be the person whose names are subscribed to tn foregoing instrument, and each ac l knowledged to me the signing and exc cution of the foregoing Articles of In corporation for the uses and purpose N.s.r,