The news-herald., 1903-05-09
follows, to-wit:

/
To purchase, lease, locate. bond or
otherwise acquire. own, exchange, sell
or otherwise dispose of, pledge, mort
gage, hypCthecate and deal in, work,
mine, explore and develop mining
ciaims, oil. mineral, timber and agri-
cultural lands, oil. gas, asphaltum, pc
+troleum water and water rights; to
do a general real estate, mercantile
and mining business in all its
branches to own, handle and control
letters patent and inventions; con-
struct and operate pipe lines, fumes
and canals for the purpose of convert
ing water, the purchase, sale and leas-
ing and otherwise acquiring water ands
water rights, reservoir sites and, of
land appurtenant thereto, and the de-
Velopment of water by drilling or other
methods; to borrow money and exc;
cute mortgages or deeds of trust tc
secure the same; to issue bonds and
other evidences Of indebtedness; and
In general, to do all things nee
essary to the proper conduct az the
business of this corporation not incon-
lstent with the laws OF the United
States and the Territory Of ARIZONA.
Article Ill, Among the powers of
this body corporate shall he: to have
perpetual succession; to sue ar. be
sCe0 by its corporate, name, 10 have
common seal and alter the same at
pleasure; to prescribe the mode of
making transfer of stock or interest of
its stockholders; to make contracts: to
acquire and transfer property of every
kind and description, both real and.
personal, and to possess the same pow
ers in such respects as .priyate indi-
Vldual now enjoy; to establish bylaws
and make all rules and regulations
deemed expedient' for the management
of it's affairs. not inconsistent with the
laws and constitution of the United
States and',the laws of the Territory
of Arizona.
Article Nv. The amount. of capital
stock of the corporation shall be one
million dollars ($1,OOO,OOO.OO), divided
into one million Q,OOO, ,OO0) shares. ,of
the par value of one dollar ($feO) each.
fully paid up and forever non-assess-
able.
Article V. The time. of the com
mencement of this corporation shall be
the date of the filing of these Articles
of Incorporation in the Office OF the
Auditor of Arizona, and the termina-
tion thereof shall be twenty-five years
thereafter. ~
Article vi. The affairs of this cor
FOrat1on shall be conducted by
board Of seven, directors, who shall be
elected annually by the Stockholders
OF the corporation on the first Monday
of November in each year. Until the
first Monday of November, 1868 the
following named persons shall serve
as directors: o. H. Perry. j. C. Reed.
H. d. Perry, VIM. Scott, Fred l.. Pick
tholne, Stacy Matlock and Geo. W.
Campbell.
Article VII. The highest amour. of
Indebtedness or liability, direct Or con
Ilngent. to which this corporation
shall subject itself at any time is
twenty-five thousand t$25, ,OOO'OO) dol
lars. -, 80
Article VIII. The private propeyt,
of the stockholders of this corporation
shall be exempt from all corporate
debts.
In wisness whereof. we have here
unto set our hands and seals, this 31s
day of March, 1903.
o. III. PERRY,
j. c. REED,
WIN. SCOTT.
Witness:
D. J. CURRY,
Territory Of Arizona.
County of Maricopa. ss.
On thist 31st day of March, in =;
year 1903, before me, D. J. Curry,
notary public in and for the ter
tory and county aforesaid, residiI
therein, duly commissioned and swol
personally appeared o. H. Perry, j..
Reed and VIM. Scott, known to me
be the persons described in, wa1
names are subscribed to, and who q
cuted the annexed instrument, a
they acknowledged to- me that Il
executed the same for the purpo
aud considerations therein express
In witness whereof, I have hereu
set my hand and affixed my off1d
seal, at my Office, in the said territ
and county, the day and year
above written.
d. J. CURRY.
NOTARY Publ