Arizona republican., 1905-06-29

1 authorized capital stock of said cor l poration shall be one million dollars,
 divided into shares of the par value of one dollar each making one million
 shares; that said capital stock shall | be issued only when paid for in money, property or services, and at such rate
 as shall be determined from time to ] time by the board of directors of said tcorporation, and every share of said
 stock shall be fully paid up and nOn- | assessable.
 l Fifth: That the number of directors | of said corporation shall be five and | the names and residences of the di | rectors for the first year are: Jonas B. Holmes, Los Angeles, Cali | fornia; Charles ". Bowman, Denver, | Colorado; William A. Eckerly, Los An geles, California;; William J. Handford.
 Los Angeles, California; Joseph Metz | Ter, Los Angeles, California, who are the subscribers hereto; and they shall conduct the business of the corpora ton until their successors are elected. l Sixth: That the business of the cor | poration shall be conducted by a board of five directors elected annually on the | first Thursday in May. by the stock | holders; and all meetings of stockhold- CTS and all meetings of the board of ! directors may be held out of the terri | tory of Arizona; the directors above named to act as such for the first year,
 or until their successors are elected. Seventh: That the highest total amount of indebtedness or liability, or i both combined, which the corporation shall at any one time subject itself, di-
 rectly or indirectly shall not exceed | fifty thousand ($5O0O0) dollars, and
 that private property of it's stockhold- CTS is to be exempt from the debts of the corporation.
 | Eighth: That the amount of capital stock which has been actually sub l scribed is one hundred shares, and the following are the names of the per ! sons by whom the same has been sub | scribed:
 Jonas B. Holmes, Charles W. Bow
 man. William A. Eckerly, William J. Handford and Joseph Metzler, who have subscribed for twenty shares and paid into said corporation the sum of twenty | dollars each.
 Ninth: That the said corporation is organized for the following purposes and shall have power
 (a) To acquire. possess. use, enjoy, mortgage. convey. lease. bond. rent, dispose of and deal in placer and lode
 mines. mining claims and all kinds of real property.
 Cb) To buy. sell, lease, own, hold or acquire inventions. patents or patent rights, copyrights, trade marks, or trade secrets for both the United
 States and old Mexico, and to manu- facture buy. sell, lease, or operate on royalty or otherwise, patents, patent rights, inventions, copyrights, trade
 marks. trade secrets, and to do any and
 all things necessary or usual to be done in or about the acquiring owning,
 manufacturing of mining and other
 machinery, selling, utilizing or dispos-
 ing of same, or renting, leasing by roy atty or otherwise of such mining ma
 chinery, and to acquire, own, hold, sell lease, buy or occupy real estate, placer
 ground, water rights. irrigating canals
 or ditches and laterals. to exchange,
 make. repair, smelt, refine, store, pro-
 tect. contract for, dispose of and other
 wise deal in all kinds of ore, merchan-
 disc and personal property of every
 description, tangible or intangible, in
 cluding the capital stock and obliga-
 tions of corporations and companies,
 franchises, minerals, gases, oils, ships,
 vessels. docks and wharves, railroads,
 rolling stock, locomotives, engines,
 cars. water works, electric light plants,
 telephone and telegraph lines, to buy lease, sell or operate manulacturlAS
 plants, etc.
 Co To act as trustee and agents
 for individuals and corporations and companies; to buy and sell the capital stock and obligations of this corpora
 ton; to pledge it's own capital stock; to lend and borrow money; and to have, exercise and enjoy all the rights and privileges of corporations according to the laws of the Territory of Arizona; and 60 do business according to these powers in any state, territory, island
 or land in, belonging to, or under the jurisdiction of the United States or the Republic of Mexico.
 In witness whereof we have hereunto set our hands this 10th day Of April, A. D. 1905.
 Signed:
 i JONAS B. HOLMES, (Seal) CHARLES w. BOWMAN, (Seal.)