Arizona republican., 1903-05-22

which this corporation is formed are: (a) To purchase. acquire. hold. own. sell lease. mortgage. improve. cultivate and otherwise deal in and dispose pf real estate wherever situated. and any interest or rights therein to purchase, acquire. hold. own. sell. lease. mort gage. pledge and otherwise deal in and dispose of all kinds of personal prop erty. chattels and chattels real, choses in action patents for inventions, bull lion, gold and silver ores: to purchase l take acquire, buy, hold. own. lease, sell mortgage and otherwise deal in and dispose of all kinds of mines, to take. acquire, purchase, hold. own. sell, lease, mortgage and otherwise deal in ranches and farm lands. and to conduct agri- | cultural, horticultural, pomological and | dairy businesses.
 (b) To take. acquire. appropriate. purchase. sell. store. supply and furnish water for irrigation. manufacturing, mining and domestic purposes, and for any other purposes to which water can be supplied as a use: to construct and | maintain reservoirs, dams, canals, ditches, fumes and pipe lines and all | other works necessary or convenient ] for storage. diversion. distribution or use of water; to purchase, construct, sell, lease. mortgage and otherwise dis pose of viaducts. ferries. wharves. chutes, piers, canals and ditches for draining, agriculture, mining, naviga- tion and other purposes.
 Co To buy, sell. mortgage. construct. maintain and charter vessels pro- pelled by means of sails, steam. cleo tricity or other power. and to navigate | the same in all the navigable waters of the earth.
 | (d) To engage in, conduct and carry on manufacturing. mining. mercantile. mechanical and commercial businesses in all their branches; to purchase build own, maintain. use. operate, lease and sell warehouses. shops. fac
 tories, mills. plants. stores. refineries. and grant to other persons. firms or corporations the right or privilege to carry on any lawful business whatso-
 ever. on the lands or premises of the
 corporation, on such terms as the di- rectors shall deem expedient or proper.
 (e) To construct and erect buildings;
 to take, acquire. purchase. sell. lease.
 mortgage. construct, erect, hold, main
 tain, and conduct hotels and lodging
 houses. and all businesses incident thereto. and connected herewith.
 (D To issue shares of stock. deben-
 lures, bonds. and other obligations, and to invest the money so obtained in car
 rying out the purposes set forth in this
 certificates; to purchase. acquire, hold
 and dispose of its stock. bonds and oth-
 CT evidences of indebtedness of any cor
 poration. domestic or foreign. and to issue in exchange therefor its stock bonds and other obligations; to ac-
 quire the good will. rights and property
 of any person, firm. association or cor poration: to pay for the same in cash
 the stock of this company bonds or 7 otherwise: to borrow money and exc
 cute notes. bonds, mortgages or deeds z of trust to secure the same; to exercis= , in respect to all of said bonds mort . gages, notes. shares of capital stock , securities and other obligations. any '. and all the rights and powers of indi-
 vidual owners thereof.
 (g) To guarantee the payment oi
 dividends or interest on any shares
 stocks. bonds. debentures of other SC = curities issued by. or any other con
 tract or obligation of any person, firm
 association or corporation with whom
 or with which. this corporation may al q any time have contractual relations. '' (h) To apply for. purchase or other
 wise acquire. and hold. own. use. ope = rate. and to sell. assign or otherwise T dispose of. or to grant licenses in re U spect of. or otherwise turn to accoun u any and all inventions, Improvements Il processes and formulae. used in con ,' nection with said company's business Il and letters patent of the United States ,' the Republic of Mexico. or any foreiGi D country.
 - CD To do all and everything neces = sary. suitable and proper for the ac - complishment of any of the purposes
 or the attainment of any of the oh
 jects. or the furtherance of-any of th' . powers hereinbefore set forth, either a . principal or agent. or in association If with other corporations. firms or in
 dividuals: and to do every other act o
 acts. thing or things incidentally per
 taining to, or growing out of. or con - nected with. the aforesaid business O
 powers. or any parts thereof, provide
 the same be not inconsistent with tn laws of the Territory of Arizona. O le the laws of the place where said power ii are exercised. V. FIFTH: The total authorized capi ' tai stock of this corporation shall b 'i one hundred and fifty thousand dollar ie (s1500 000) divided into fifteen hundre i' shares of the par value of one hundre '- dollars ($100) each. At such time a o' the Board of Directors may by resolu tion direct, said capital stock shall b ie paid in. either in cash or by sale an transfer to the corporation of real c
 personal property for the uses and pur
 poses of said corporation. and tn U shares of capital stock issued therefC u' shall thereupon become full paiG an S' non -assessable; and in the absence (
 actual fraud, the judgment of the d
 rectors as to the value of the propert
 purchased shall be conclusive.
 SIXTH: The time of the commence
 ment of this corporation shall be tn
 date of the filing of these Articles ( O. Incorporation in the office of the Cour r. ty Recorder of Maricopa county, Ar CT zona, and the termination thereof sha "a, be twenty-f five years thereafter.
 SEVENTH: The affairs of this col ou poration shall be conducted by a boar