Arizona republican., 1905-06-06
county of Maricopa, territory of Ari-

fOufth: Ihat the total amount Of authoritized capital stock of said cor 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 a5 shall be determined from time to time by the board of directors of said corporation. and every share of said stock shall be fully paid up and non- assessable.
 Fifth: That the number of directors of said corporation shall be five and the names and residences of the direct oTs for the first year are:
 Jonas B. Holmes Los Angeles, Cal; Charles w. Bowman, Denver, Colo: William A. Eckerly, Los Angeles. Cal; William J. Handford, Los Angeles, Cal; Joseph Metzler, Los Angeles, Cal, who are the subscribers hereto and they shall conduct the business of the cor poration until their successors are elected.
 Sixth: That the business of the cor poration shall be conducted by board of five directors elected annually on the first Thursday in May, by the stock holders and all meetings of stockhold- GiS anu all hictllAlSS OL AtE DOdI0 OA 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 both combined. which the corporation shall at any one time subject itself, di- rectly or indirectly. shall not exceed fifty thousand ($5O, ,O0O) dollars, and that private property of its stockhold- CTS is to be exempt from the debts of the corporation.
 Eighth: That the amount of capital stock which has been actually sub- 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- fracture, 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 aIty pr 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, merchant disc and personal property of every description, tangible or intangible, in cluding the capital stock and obliga- lions 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 manufacturing plants. etc.
 (c) To act as trustee and agents for individuals and corporations and companies; to buy and sell the capital stock and obligations of this corpora tion; 10 pledge its own capital stock; to lend and borrow money; and to have, | ,s.r- oil he rio fC T1H privileges of corporations according to the laws of the territory of Arizona; and to do business according to these pow CTS in any state, territory, island or land in, belonging to, or under the | jurisdiction of the United States or the Repblic of Mexico.
 In witness whereof we have hereunto set our hands this 10th day of April, A. T.. ] 9G5.
 Signed:
 JONAS B. HOLMES. (SeaD
 CHARLES M. BOWMAN, CSeaD WILLIAM A. ECKERLY, (SeaD
 WILLIAM J. .HANDFORD. (SeaD
 JOSEPH METZLER, (SeaD State of California,
 County of Los Angeles, ss.
 On this 18th day of April, 1905, be- fore me, c. E. Harpham, a notary public Tn and Tor said county, TeSlulhS therein, duly commissioned and sworn, personally appeared Jonas B. Holmes, Charles w. Bowman, William A. Eek erIy, on April 12. wm. J. Handford on April 18th Joseph Metzler, known to me to be the persons whose names are subscribed to the foregoing instrument and acknowledged to me that they and each of them executed the same for the purpose and consideration therein ex- pressed.
 Given under my hand and official seal April 10, A. D. 1905. l (NotariaI SeaD G. E. HARTMAN,
 Notary public, Los Angeles Co.,, Cal. l My commission expires on the goth | day of May, 1907.
 Recorders office, Phoenix, Maricopa | Co., A. T. Filed and recorded at re- quest of Wm. A. Eckerly, April 15,