Weekly Arizona journal-miner., 1904-09-28

| of Erie, Neosho county, Kansas. at whici meetings of stockholders and the board ol directors may be held. and the corporation may have such branch offices either within or without the Territory of Arizona as may be established by the board of directors. Second: The general nature of the busi ness proposed to be transacted by this corpo ration is as follows, to wit:
 To make contracts: to purchase, lease bond. locate or otherwise acquire, own. ex- change, sell, or otherwise dispose of. pledge mortgage, hypothecate and deal in real estate and any of all kinds of personal prop erty. mines, mining claims, oil lands. min eral lanos, oil, gas, asphaltum, petroleum, coal, asbestos, salt water and water rights and machinery, and to work, mine, explore, operate and develop the game, to engage in the business Of supplying the above named products to individuals and public and private corporations and to engage in the general manufacturing and smelting busi- ness; and iD general to do all things neces sary to the proper conduct of the business of this corporation in the territory or Ari- zona and elsewhere, not inconsistent with the laws of the United States and the terri tory of Arizona.
 Third: The authorized amount of capital stock of this corporation shall be two hundred and fifty thousand dolla $, l$250.000) divided into two hun dred and fifty thousand (250,0O0) shares of the par value of one dollar ($1.00) each. At such times as the board of directors may by resolutions direct, said, capital stock shall be paid into this cOrpoTation, either in cash or by sale and transfer to 1t real estate or personal property for. the uses and pur- poses of said corporation. in payment for which shares of capital stock of said corpo- ration may be issued, and the capital stock so issued shall thereupon and thereby be- come and be fully paid up and nOh-assess- able. and in the absence of actual fraud in the transaction, the judgment of the direc- tors as to the value of the property shall be conclusive.
 Fourth: The time of the commencement of this corporation shall be the date of the filing of these articles of the corporation in the office of the county recorder and the termination thereof shall be twenty-five years thereafter.
 Fifth: The affairs of this corporation shall be conducted by board of directors, not less than two or more than eight in number, and the following named shall con- stitute the board of directors until their sue cessors are elected: NJ. V. Snyder, E. M Denton, A. F. Feldt, H. J. Harris, C. w.. Sellars and H. r. Paddock. Thereafter the board of directors shall be elected among the stockholders on the first Monday in Jan uary of each year. The officers of said corporation, until their successors are elect ed, shali be NJ. V. Snyder, President; H. J. Harris, Vice President; F. M. Denton, Treasurer and A. F. Feldt, Secretary.
 Sixth. The highest amount of indebted ness or liability, direct or contingent, to which this corporation is at any time sub ject, shall be $25.000, which amount does not exceed twO-thirds of the amount of capital stock.
 Seventh: The private property of the stockholders and the agents of this corpora tiOn shall be exempt from corporate debts of any kind or character whatsoever.
 In witness whereof, we have hereunto set our hands and seals this 18th day of July, l9Ol