Arizona republican., 1904-06-05

(a) To do any and all the things hereinafter set forth to the same ex- tent as natural persons might or could do as principals, agents, contractors, trustees or otherwise. either alone or associated with other corporations or natural persons. and to receive and to exercise all the rights, powers and priv ileges of natural persons in connect Ii herewith.
 (bl To locate, purchase. take on lease, or acquire by any and every sort and kind of tenure, mines, mining rights and land. and any and every kind of interest therein in the Territory of Arizona, and to explore, work, eX ercise, develop and turn to account the same; to quarry smelt, refine. dress. amalgamate and prepare for market ore, metal and mineral substances of all kinds, and to carry on any other opera tions which may seem conducive to any of the company's business; to buy. sell. manufacture and deal in minerals, ma chinery, implements. convenienc ss, provisions and things capable of bling used in connection with mining opera tions or required by workmen and oth- CTS employed by the company; to con- struct, carry out, maintain, improve, manage, work. control and superintend any roads, tramways, railroads, bridg es, reservoirs, water courses, aqueducts, wharves, furnaces, mills, crushing works, hydraulic works. factories, warehouses, and other conVenienceS which may seem directly or indirec ly conducive to any of the objects of the company, and to contribute to, subsi- dize or otherwise aid or take part in any such operation.
 (c) To enter into. make, perform and carry out contracts of every mature, kind or description whatever with any person, firm, association or corporation. (d) To invest. grant, bargain, sell. buy, deal in, owr. improve, lease or receive any and all kinds of property, real or personal in the Territory of Ari- zona, including the shares of stock and evidences of indebtedness of other cor porations, as we'll as its own shares Of stock. and to deal with the same as a natural person might do in all ways not inconsistent with law.
 (e) To manufacture. deal in, buy and sell all classes and kinds Of pro- | ducts. goods. materials, the purchase, | sale, manufacture, and use of which may be desirable in connection with or which may contribute or conduce | to the advantage of the company; and in general to carry on any other busi ness in competitor herewith, whethe. manufacturing, trading, building or otherwise, with all powers conferred up- on corporations by the laws of the | Territory of Arizona. CO To advance moneys, securities and credits upon any property. real or personal. to borrow or loan upon, and to purchase, receive, hold, own, sell, as- sign, transfer, mortgage. pledge or oth- | erwise dispose of any kind or class of property, real, personal or mixed. To | issue it's bonds or other obligations of | the company, and to secure the sane by pledge or deeds of trust or mortgages upon the whole or any part of the | property, rights and franchises of the company. and to sell, pledge or other wise dispose of such bonds fer cOrpor- ate purposes.
 | (g) To do each and every and Fl | things suitable, desirable, necessary oI proper for the accomplishment Ol | furtherance of the purposes or for the | attainment of the objects hereinb efort | enumerated, which shall at any time appear for the interest and benefit oi l the corporation; and in general to en- gage in lawful business for any law ul purpose as to the company may seem desirable, necessary or convenient | But nothing herein contained shall b' construed to invest the company witt the powers of a banking corporation.
 Article IV.-The authorized amount O capital stock of this corporation shal be Five Hundred Thousand ($5Oo,000 Dollars divided into Five Hundred Thousand (5O0,OOO) Shares of the pa value of One CsD Dollar each. At sucl time as the Board of Directors ma! by resolution direct, said capital stocl shall be paid into this corporation either in cash or by the sale and trans fer to it of real or personal property fo
 the uses and purposes of said corpora | tion.
 In payment of which shares of cap.
 tai stock of said corporation may b
 issued and the capital stock so issue
 shall thereupon and thereby becom
 fully paid and non-assessable.
 Article V.-The time of the com
 mencement of this corporation shall b
 the date of the filing of these Article
 of Incorporation in the office of tn
 County Recorder of Maricopa County
 Arizona, ana m the once or the Auot
 tor of the Territory of Arizona. an
 the termination thereof shall be twen
 ty-five (25) years thereafter.
 Article VI-The affairs of this cor
 poration shall be conducted by
 Board of four (D Directors, to b
 elected annually by the stCckholder
 thereof on the Third Monday of Ma
 of each year. No one shall be a direc
 tor who is not a stockholder in tn
 company.
 Article VII.-The highest amount Q
 indebtedness or liability, direct or con
 tingent. to which this corporation a
 any time is subject shall be Two Hun
 dred and Fifty Thousand (s250,O00) Dol
 lars.
 Article VIII.-The private property O
 the stockholders of this corporation
 shall be exempt from corporate debt
 of any kind whatsoever.
 Article IX.-The following named per
 sons, who are subscribers to the Capi
 tai stock of this corporation, shall cor
 stitute the first Board of Directors c
 the corporation, and shall hold their of
 fees until their successors are e'ecteI | and have qualified W