Arizona republican., 1905-11-06
meetings of stockholders and directors

meetings of stockholders and directors may be held.
 Second: The general nature of the business proposed to be transacted is: To make contracts; to purchase, lease, bond, locate or otherwise acquire, own, exchange, sell or otherwise dispose of, pledge, mortgage, hypothecate and deal in any and all kinds of real and personal property, including bonds and shares of mines, mining claims, oil lands, coal lands, mineral lands, oil gas, coal shale, asphaltum, petroleum, asbestos, salt, water and water rights and machinery, and to work mine explore, operate ana develop the same; to borrow money and execute notes, bonds, mortgages, or to exercise in respect thereof and of all shares of capital stock and other securi- ties and obligations, any and all rights, powers and privileges of individual own CTS, including the right to vote any shares of stock held by it to the same extent. that a natural person might or could do; and in general to Go all things necessary to the proper conduct of the business of this corporation.
 Third: The authorized amount of cap ital stock shall be one million dollars &l,0O00O0) divided into one million shares of the par value of one dollar (s1.0O each. At such times as the board of directors may by resolution direct, said capital stock shall be paid in. either in cash or by the sale and transfer of real or personal property to the said corporation for its uses and purposes, in payment for which, capital stock may be issued and the stock so issued shall thereupon, and thereby become and be fully paid up and non-assessable and the Judgment of the directors as to the value of the property purchased shall be conclusive.
 Fourth: The time of the commence ment of this corporation shall be the 12th day of September, 1905, and the ter mination thereof shall be twenty-five
 Fifth: The affairs of this corporation shall he conducted by board of not lowing named shall constitute such board and the officers of the corporation until their successors are eiected and qualified: T. D. Van Devort, president; J. H. Van Horn. secretary and treas urer. Thereafter the board or directors shall be elected from among the stock tember of each year. commencing in 1905.
 Sixth: The highest amount of Indebt- edness or liability to which this corpora tion is at any time subject shall be fifty thousand dollars (s50.OO0OO).
 Seventh: The private property of the stockholders of this corporation shall be exempt from corporate debts of any kind
 IN WITNESS WHEREOF. We have hereunto set our hands and seals this
 T. D. VAN DEVoRT. (SeaD State of Nevada,
 Before me Chas. l.. Hayes. a notary public in and for the state and county aforesaid, on this day personally appear ed J. H. Van Horn and T. D. Van De- wort, known to me to be the persons whose names are subscribed to the fore going instrument and acknowledged to me that they executed the same for the purpose and consideration therein ex- pressed.
 Given under my hand and seal of office, this seventh day of September 1905. CHAS L, HAYES (NotariaI SeaD Notarv Public
 My commission expires 18th day of September 1908.
 Filed according to law Sept. 12 19c5.