The news-herald., 1903-05-09

including water, steam and electric power, and
also deal in placer, quartz and gravel mines
numbering, mills, millstes, smelters, water
rights, hotels warehouses, docks, copyrights
and patents also franchises, rights of way
stocks, bonds and securities, both public and
private.
ITO buy, sell, construct, operate, charter
and deal generally in all kinds of steam and
sailing vessels, barges and boats and navigate
the same in all the navigable waters of the
earth for any and all purposes.
g-To engage in and carry on generally the
business of manufacturing, mining contract.
ing, mercantile, mechanical, construction,
commission, numbering, transportation, ship
ping and commercial business in all their
| branches.
h-To own, hold, acquire, buy, sell, lease,
mortgage and convey and deal in corporate
stock of every description, and while holder or
owner thereof to vote the same and to convey
and deal in corporate stock of every descrip-
| ton and nature.
| ito carry on the trade or business of
| storing goods or warehQuSing; to issue war
rants to persons warchousing goods with the
Company and make advances upon the security
of such goods.
| ITO apply for purchase or otherwise ac-
quire, and to hold, own, use, operate and to
sell, assign, or to otherwise turn to account
any and all inventions, improvements and
| processes used in connection with, or secured
under letters patent of the United States or
elsewhere, or otherwise, which the corporation
may think calculated directly Or indirectly to
! effectuate these objects.
| k-TO act in fiduciary capacity in every
| manner.
l-And in the usual course of business of
said corporation and for the purposes Incl
| dental to the legitimate business for which
| this corporation is formed to borrow and loan
money and to give and accept securities.
| m-To do and perform all other things
necessary or incident to the purp )ses herein
above set forth, and to transact any and all
kinds of business which natural person may
lawfully engage in.
| Fifth-That the place where the principal
business of said corporation is to be transacted
! is the City and County of San Franssco, State
| of California.
| Sixth-That the term for which said cor
pOration is to exist is twenty five C25) years,
from and after the date of its incorporation,
and may thereafter be renewed from time to
time for period not exceeding TWENTY-FIVE C25)
years as provided by law.
Seventh-That the number of Directors or
Trustees of said corporation shall be five, and
that the names and residences of the Directors
or Trustees, who appointed for the first
year, and to serve until the election or qualifi-
cation of such officers, are as follows, to-wit:
Names. Residences.
o. V. Eaton. San Francisco, California
F. II. Gassaway ...... San Francisco, California
G. F. Humphrey. San Francisco, California
j. E. Fagothey ...... San Francisco, California
c. H. Greene. San Francisco, California
Eighth-That the amount of stock of said
corporation is One Million One Hundred
Thousand Isl 100000 Dollars, and the number
of shares into which it is divided is One
Million One Hundred Thousand Il, 100000
shares of the par value of One C$1O0j Dollar
each. That capital stock may be paid for in
cash or property at such times and upon such
conditions may be provided by the bylaws
or the Board of Directors.
Ninth-That the amont of said capital stock
which has been actually subscribed is Twenty
five ($25.00) Dollars and the following are the
names of the persons by whom the same has
been subscribed, to-wit:
Names of No. of Shares Amount
Subscribers.
". v. al
F. II. Gassaway Five shares. ......... 90
G. +. Humphrey Five shares. ......... 5 90
J. +. Fagothey. ..... Five shares. ......... 5 CO
c. II. Greene ........ Five shares. ......... 5 0O
Tenth-That the highest amount of indebted
ness or liability, direct or contingent, to which
the corporation is at any time subject is Two
Hundred and Fifty Thousand ($25O,OOO) Dollars
Eleventh-That the private property fmem-
bers stockholders of said corporation shall
be exempt from liability for corporate debts.
Twelfth-At all elections of Directors, each
stockholder entitled to vote shall be entitled
to as many votes as shall equal the number OF
his shares of stock multiplied by the number
of Directors to be elected, and he may cast all
of such votes for a single Director or may dis
tribute them among the number to be voted
for or any two or more of them as he may see fit
In witness whereof, we have hereunto set
our hands and seals this Goth day of February,
A. d. one thousand nine hundred and three.
O.V. EATON, Seal
FL GASSAWAY, Seal ,
C.F HUMPHREY, Seal :
J.E. FAGOTHEY, Seal
G. II. GREENE, Seal
STATE OF CALIFORNIA,
City and County of San Francisco, 60
On this 25th day of February, one thousand
nine hundred and three, before me, w. T.
Hess, a Notary Public in and for said county,
residing therein, duly commissioned and
swoln, personally appeared o. V. Eaton, F. H.
Gassaway, G. +. Humphrey, j. K. Fagothey and
C. II. Greene. personally known to me to be the
persons whose names are subscribed to the
within instrument, and they each duly ac-