The news-herald., 1903-05-02
follows, to-Wit:

follows, to-Wit:
To purchase, lease, locate, bond or
otherwise acquire, own, exchange, sell
or otherwise dispose of, pledge, mott
gage hypothecate and deal in, work,
mine, explore and develop mining
claims, 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 it's
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 and
water rights, reservoir sites and of
land appurtenant thereto, and the de-
veiopment Of water by drilling or other
methods; to borrow money and exc
cute mortga ges 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 CT the
business Of this corporation not incon-
istent with the laws of the United
States and the Territory Of Arizona.
Article III. Among the powers of
this body corporate shall be: to have
perpetual succession; to sue ara be
SCeo by its corporate name, 10 have
a common seal and alter the same al
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 private ind!-
Vidual now enjoy; to establish bylaws
and make all rules and regulations
deemed expedient for the MANAGEMENT
Of its affairs. not inconsistent with the
laws and constitution of the United
States and the laws Of the Territory
Of Arizona
Article ". The amount of capital
stock of the corporation shall be one
million dollars ($1, ,OOOO0), divided E
into one million Q,600,0O0) shares, of
the par value of one dollar (S1.O0) 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
or incorporation in the office OF the
Auditor of Arizona, and the termina-
ton thereof shall be twenty-five years
thereafter.
Article VI. The affairs of this cor.
roration shall be conducted by
board Of seven directors, who shall bd
elected annually by the stockholders
of the corporation on the first Monday
of November in each year. Until thd
first Monday of November, 1868. thc
following named persons shall serv,
as directors: o. H. Perry j. c. Reed
Fl. d. Perry, VIM Scott, Fred l.. picl,
tholne, Stacy Matlock and Geo. ~
Campbell
Article VII. The highest amoual
indebtedness or liability, direct Or coz
tlngent, to which this corporatio
shall subject itself at any time
twenty-five thousand (s25, ,Oo0OO do
lars.
Article VIII. The private propert
Of the stockholders of this corporate
shall be exempt from all corpora
debts.
In wisness whereof, we bave her
unto set our hands and seals, this 81
day OF March, 1903.
O. H. PERRY,
J. G. REED,
VIM. SCOTT.
Witness:
D. j. CURRY.
Territory of Arizona,
County Of Maricopa sa
On thist 31st day of March, in
year 1903, before me, D. J. Curry,
notary public in and for the tel
tory and county aforesaid, resid
therein, duly commissioned and swo
personally appeared 0. H Perry, r.
Reed and VIM. Scott, known to me
tie the persons described in, wn
names are subscribed to, and who
cuted the annexed instrument
they acknowledged to me that t
executed the same for the purpo
and considerations therein express
In witness whereof, l have here,
set my hand and affixed my Off
seal, at my office, in the said territ
and county. the day and year
above written.