Arizona republican., 1903-03-13
ARTICLES OF INCORPORATION
 OF THE S1NALOA-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 a corporation under the laws of the Territory of Arizona. and to that end mako =!te following statement:
 FIRST: The names of the corpora tors are: R. J. HARTMAN, L. A. ARMBR USTER. ELLIS BARTHOLO- NEW. P. E WARNER, l. N. CO., VAULT. and the name of the corpora tion shall be. THE SINALOA-CHl- 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 corporate 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.
 SECOND: The general nature of the business proposed o be transacted by this corporation is 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- ioh e and machinery. and to work. mine. ex- plOre, 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. mortgages, notes, shares of cap ital 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 natural person might or could do; and in general to do all things necessary to the proper conduct of the business of this corporation in the Ter ritory and elsewhere not inconsistent with the laws of the United States and the Territory of Arizona.
 THIRD: The authorized amount of capital stock of this corporation shall be SEVEN MILLION FIVE HUN DRIED THOUSAND DOLLARS. (s7,- | 800 OOO.OO) to be divided into SEVENTY FIVE THOUSAND G5,000) shares of the par value of One Hundred Dollars each (S100.00), at such time as the l Board of Directors may by resolution direct. said capital stock shall be paid
 into this corporation either in cash or i by the sale and transfer to it of real or personal property, for the uses and pur- l poses of said corporation. in payment ] for which shares of the capital stock
 of said corporation may be issued an5 l the capital stock so issued shall there 1 upon and thereby become and be fully paid up and -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.
 1 FOURTH: The time of the com
 mencement of this corporation shall bt
 the date of the filing of these Article: | of Incorporation in the office of tho i Secretary of Arizona, and the termina
 tion thereof shall be twenty-five year: l thereafter.
 | FIFTH: The affairs of this corpora | tion shall be conducted by a Board o l Fifteen G5) Directors, and the follow ing named shall constitute the Board Q l Directors until their successors art elected: ELLIS BARTHOLOMEW, F & TININ, I. N. COVAULT, R. J l HARTMAN L. A. ARMBRUSTER. P F. WARNER.
 The remaining members of the Boari of Directors to be elected at the frs meeting of the stockholders or at an!
 adjourned meeting.