Arizona republican., 1903-03-11
ARTICLES OF INCORPORATION
 OF IHE SlNALOA-CHIHUA UAHUA 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 rnai-o -Ae 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- HUAIUA 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.
 
 business proposed to be transacted by 'this corporatio is as follows, to-wit:
 To purchase. lease. bond. locate OF otherwise acquire, own. exchange. seti or otherwise dispose of. pledge. mort gage. hypothecate and deal in real estate and any and all kinds of personal property. mines, mining claims, oi! lands. mineral lands, oil. gas. asphal- tum. petroleum, water and water rights and machinery, and to work, mine, eX- plCre, operate and develop the same, to do a general real estate. manufac- turing and mercantile business; to own. handle and control letters patent and inventions, and shares of capital stock of other corporations, 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. mortgage notes, shares of cap- it2l stock and other securities and ob- 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 dc: and in general to do all things necessary to the proper conduct of the business of this corporation in the Te.- ritory and elsewhere, not inconsisten, with the laws of the United States and the Territory of Arizona.
 THIRD: The authorized amount c: capital stock of this corporation shat be SEVEN MILLION FIVE HUN DRIED THOUSAND DOLLARS. (s7.- .9c, ,G9O.GG) to be divided into SEVENTY FIVE THOUSAND C75.0OO) shares o1 | the par value of One Hundred Dollars each (Sl00.00). at such time as the Board of Directors may by resolution | direct said capital stock shall be paii into this corporation either in cash ol l by the sale and transfer to it of real oi ! personal property. for the uses and pur. | poses Of said corporation, in paymeu | for which shares Of the capital stocl of said corporation may be issued. an. l the capital stock so issued shall there upon and thereby become and be fulll paid up and on-assessable. and in tn absence of actual fraud in the transac tion the judgment of the Directors a { to tho value of the property purchasec shall be conclusive.
 | FOURTH: The time of the com | mencemeit Oi tniS corporation Sndli D. the date of the filing of these Article of Incorporation in the office of tn Secretary of Arizona, and the termina tion thereof shall be twenty-five year | thereafter.
 FIFTH: The affairs of this corpora tion shall be conducted by q Board o Fifteen G5) Directors, and the follow ing named shall constitute the Board 0 Directors until their. successors ar elected: ELLIS BARTHOLOMEW. R s. TININ, I. N. COVAULT. F. J
 HARTMAN. L. A. ARMBRUSTER. P | B. WARNER.
 The remaining members of the Boar of Directors to be elected at the frs meeting of the stockholders or at an
 adjourned meeting.