Arizona republican., 1903-03-10
ARTICLES $ OF INCORPORATION
 OF THE SINALOA-CHfHUA RAIL. WAY AND SIMPLIFYING
 COMPANY.

KNOW ALL MEN BY THESE PRESENTS: That We, whose hands are hereunto affixed do hereby asso- ciate ourselves together for the purpose Of forming corporation under the laws Of the Territory of Arizona, and to that end make the following statement:
 FIRST: The names of the corpora tors are: R. J. HARTMAN, L. A. ARMBRUSTER. ELLIS BARTHOLO- NEW. P. B. WARNER, I. N. CO., VAULT, and the name of the corpora ton shall be, THE SINALOA-CHI- HUAHUA RAILWAY AND SMELT- ING COMPANY. The pricipal place in which the business of said corporation within the Territory of Arizona is to be transacted is Phoenix, Maricopa Coun- ty, Arizona. and the principal place of business of said corpora ton outside the Territory of Arizona, shall be New York City, in the State of New York. at which meetings of the Board of Di- rectors may be held, and the corpora tion may have such branch offices either within or without the Territory of Ari- Zona as may be established by the Board of Directors.
 1 SECOND: The general nature of the business proposed to be transacted by this corporation is as follows, to-wit: To purchase. lease, bond, locate or | otherwise acquire, own. exchange sell or otherwise dispose of. pledge mort gage, hypothecate and deal in real estate and any and all kinds of personal property, mines, mining claims, oil lands, mineral lands, oil, gas. asphal- l tor ,.ie e and machinery, and to work, mine, eX- plCre, operate and develop the same, to do 8 general real estate. manufac- | turing and mercantile business; to own
 handle and control letters patent and i inventions, and shares of capital stock of other corp9rations, to borrow money and to execute notes, bonds, mortgages or deeds of trust to secure the same and to exercise in respect of all such bonds. mortgages, notes, shares of cap- 1 ital stock and ether securities and ob- l legations any and all rights, powers and privileges of individual owners thereof including the right to vote upon any shares of stock held by it to the same extent that a natural person might or could do: and in general to do all things necessary to the proper conduct of the i business of this corpora ton in the Ter ritory and elsewhere, not inConsisten, with the laws of the United States and the Territory of Arizona.
 1 THIRD: The authorized amount oi capital stock of this corporation shall be SEVEN MILLION FIVE HUN DRIED THOUSAND DOLLARS. ($7,- 800, 00000) to be divided into SEVENTY FIVE THOUSAND C5OOO) shares oi each ($100.00), at such time as the Board of Directors may by resolution direct, said capital stock shall be paid | into this corporation either in cash ol
 by the sale and transfer to it of real ol personal property. for the uses and pur- poses of said corporation, in payment for which shares of the capital stock of said corporation may be issued, anj the capital stock so issued shall there, upon and thereby become and be fullJ paid up and n-assessable. and in the absence of actual fraud in the transac- tion the judgment of the Directors as
 to the value of the property purchased 1 shall be conclusive.
 FOURTH: The time of the com
 mencement of this corporation shall b,
 the date of the filing of these Article: of Incorporation in the office of tho
 Secretary of Arizona, and the termina
 tion thereof shall be twenty-five year: thereafter.
 FIFTH: The affairs of this corpora