Williams news., 1903-02-28
office, either within without the territory of Arizona, may be established by the board xli

ofice either within or without the territory of Arizona. HIS may be established by the board of directors.
 That the general nature of the business pro- posed to be transacted, and the objects and purposes for which, and for any of which, this corporation is formed are, to do any or all of the things herein set forth to the same extent as d natural person might or could do, viz.:
 To conduct business in any of the states, ter ritories, colonies or dependencies of the United States, in Mexico, and in any and all foreign countries; to have one or more offices therein, and to hold, purchase, mortgage and convey real and personal property without limit as to amoun. % '" nGGn.re, pufcnaise oMn ana ana rights, and to sell, lease, rent or operate the same; to excavate for, mine and remove gold, silver. copper and all other minerals and min. eral substances; tC transport and dispose of the same and their products; to purchase, ac- framIaSs are % nciines and and % Whsrf f isndings; % to purchase, lease or construct buildings and boats. and to sell, lease, rent or use the same; to develop and improve lands and mines, to buy, sell and otherwise deal in, general mer chandise to construct, maintain and operate oil and gas wells. and pipe lines o and lines % con; con gas, or both oil and gas, to bore, prospect and operate for petroleum, natural gas, salt water and any and all other oils and gases; to trans port and dispose of the same and the products thereof; to construct, maintain and operate machinery and plants and appliances for the generation, distribution and use of electric light and power; to acquire rights and proper ties, and to undertake the whole, or any part of the assets and liabilities of any person, firm, association, or corporation, and to pay for the same in cash stocks or bonds of this cor poration. or otherwise to take out patents and acquire those taken out by others; to acquire or grant licenses in respect of patents or works, | or do whatever else to them may be thought execute and issue promisory notes, bills of ex. change, warrants, bonds, debentures and other negotiable or transferable instruments; to bor- lrntln raia vrnn yxif iYnt to fho | amount not exceeding $1OO,0OO by the issue of | or upon, bonds, debentures or debenture stock. l or in such other manner as the corporation shall think fit; to have one or more offices to
 carry on all, or any, of it's operations and busi-
 ness; to purchase or otherwise acquire, to
 dispose of real and personal property of every class and description in any of the United
 ones thereof, and in Mexico, and in any and
 all foreign countries or places, and in general
 with the foregoing, whether of manufacture or
 otherwise and to have and to exercise all pow CTS conferred by the laws of Arizona upon cor | tory of Arizona; and it is expressly provided
 that the foregoing clause shall be construed
 both as oo}eGts ana ana powers neang hereby es
 tion of specific powers shall not be held to limit
 or restrict in any manner, the powers of this corporation.
 That the amount of capital stock authorized
 is 10000, which is divided into 200,OOO shares l par Ndiuc $l.Oo cdCu.
 The officers of said corporation to conduct
 its affairs, shall consist of board of directors
 selected by the stockholders at each annual
 members, as follows: A. H. sain, David T
 Sain, M. K. Young, A: Bonneville, M j.
 as directors until the first annual meeting oi
 the board of directors.
 The board of directors shall, at each annusl
 meeting of the board of directors, elect from
 their body president. vice.president, secre.
 tary and treasurer the latter two of which
 offices = may be ,f,s held by the same person, and
 or may be deemed necessary in the manage.
 ment e9 of the corporate affairs;
 place for any meeting for the purpose of trans
 acting any business pertaining to the affairs oi
 the stockhoiders and and the the board of fs director. 1
 shall be on the lst Monday in December each year.
 The board of directors may adopt bylaws fol
 the government of this corporation, may au
 thOrize the president to have in charge the | enter into contracts, execute and accept deeds
 leases, or other conveyances. and do any and
 all other acts for and in the name of this cor 1 ing out the purposes for which this corporation
 is formed.
 VI.
 stockhOlder of said corporation is to be exempt | from all corporate debts, and the stock issued by said corporation shall be forever non- assessable.
 VII. The highest amount of indebtedness or liabil- | ity, to which the corporation may at any time ] subject itself is $10O,OOO.
 VIII.
 The time of the commencement of this cor poration shall be the date of the filing of these Articles of Incorporation in the office of the Secretary of Arizona, and the termination thereof shall be twenty-five years thereafter, and for such further time as may be permitted by the laws of the territory of Arizona. In witness whereof we have hereunto set our hands this 27th day of January, A. D. 1903. A. H. SAIN [Seal1 DAVID T. SAIN fSeali By A. H. Sain, his attorney in fact. M. K. YOUNG TSeal1 J. F. DUBLIN tSeal1 M. J. ROUNsEvILLE tSeal1 A. RoUNsEvILLE tSeal1 TERRITORY OF ARIZONA
 County of Coconino.