Arizona republican., 1904-06-30


 ate, rent. lease, dispose of or sell the same to others, also to mine,m mill, con lcentrate reduce, smelt, refine and treat said ores. minerals, metals, stones and other substances. and to sell or dis pose Of the product. and to conduct all and every necessary operation or busi- ness connected with or appertainlng to mines and mining of every name, na- ture and kind whatever; to build, erect, institute. conduct or purchase. own and operate dams reservoirs, canals, con duits, pipe lines fumes, sluices, storage and conveyances of water for it's own use in mining and manufacturing oper- ations, or for the sale of said said to others; To construct, build. purchase, own or operate electric or other pants for the production of power and light and the necessary wire lines, or other means of transmitting the power and light generated for its own use or for sale of said power and light to others to conduct, build, purchase, own and operate wagon roads, tramways or rail :. ways to be operated by steam or other power, for the transportation of ores. minerals, metals, stones or other sub stances, and freight for its own use. CT  rent, lease, or acquire real estate and own the same for it's own use and to sell such portions as it may not require 10 others; to conduct, own and operate q store or stores for the sale of provi- sions and general merchandise to It's own employees and to others.
 ARTICLE w.
 The amount of the capital stock of the said corporation shall be the sum of $1,,5O0, ,000.OO divided into one mill lion and five hundred thousand shares each of the par value of one dollar, and the terms and conditions upon which the said stock is to be paiG shall be fixed by the board of directors, and tn" said capital stock or any portion thereof, may be issued in payment of property purchased or to be purchased.
 ARTICLE V.
 The time of commencement of cX- istence of said corporation shall be the time when these articles are filed as re quired by the laws of the Territory of Arizona, and it shall continue in eX- istence for the period of twenty five years thereafter, that is to say, until the year 1929, with the privilege of renewal, in accordance with the axis.- ing laws of sad territory.
 ARTICLE VI.
 The affairs of said corporation are to be controlled and managed by a board of seven directors, who shall be elected at such times as the by laws of said corporation may provide. The presi- dent and vice president shall 3e cl acted by the directors from their own mum Der, and the secretary and treasurer shall be elected by the directors from I the body of the stockholders.
 ARTICLE VII.
 The highest amount of indebtedness which the said corporation is at any time to subject itself to shall not ex- ceed one-half of the amount of the ca pital stock as the same may be increas- cd O" decreased.
 | ARTICLE VIII
 The private property of the stock holders of said corporation snall he e:;- cmrt from the payment of corporate debts.
 IN WITNESS WHEREOF. we, the said incoporators, have hereunto set our hands and seals in the City of Chi cago, County of Cook an1 State uf Illinois, this 4th day of May. A. b. l9U4.
 DENNIS RYAN, (seaN
 EUGENE A. MORAN, (seaD
 JOSEPH I. KELLY, (seaD State O. Illinois,
 | County oe CJo4, ss:
 Before me, this 9th day of May, 4. D. 1904, personally appeared Dennis Ryan of St. Paul, Minnesota. U. s. A. ana E,u- gene A. Moran, and Joseph I Kelly of Chicago, Illinois, U $. A., known to me | to Ea he xyh h scribed to the foregoing instrument and ec;;nuW dged to me that they voluE . tar;ly executed the same for the pur- pose and consideration therein cx- pressed.
 Given under my hand and notarial seal this 4th day of May, A. D. 1904. (Notary SeaD CAREY w. RHODES,
 Notary public in and for the County of Cook and State of Illinois.
 My commission expires on the e4th day of Feb. 1907.
 State Of Illinois,
 County of Cook. ss:
 l. Peter B. Olsen, County Clerk of the County of Cook, do hereby certify that I am the lawful custodian of the official record of notaries public of said county and as such officer am duly authorlZei to isue certificates Of magistracy that Carey w. Rhodes, Esq. whose name Is subscribed to the proof of aclnowl- edg-nert of the annexed instrument m writing was at the time of taking such acknowledgment a Notary Public in and for Cook county, duly commissioned, sworn and acting as such and authorized 10 take acknowledgements and proofs cf deeds or conveyances of lands. tene- ments or hereditoments. in said State of Illinois, and to administer "aths all of which appears from the records and files in my office, that l am well ac- Quainted with the handwriting of seid Notary and verify believe that :ne sig nature to the said proof of acknON- ledgment is genuine, and fIrthet that the annexed instrument is executed land acknowledged according to the laws of the State of Illinois.