The oasis., 1905-03-25

ships anH aslisas ssssis aIst ftiif1aas. ifsas #a art. fHfup| af1 fHaHIf l4 f11 fa sud ifuHa lis aofss nf rH'nsIpai p'afes 1i snslnes lo aNnneff wlil s9We n#9igshie Htfe n. 0f ~ 4emf egiFflne fallFead turnpike af p1htEe hIrNHag, fO HHf. seff. iNfHffl r9uttfuft af. f1ife. own and operate rfiaetsnQ dlfthfsi kHs plants electric power sieHu p1Nef power inet 0il coke ovens. buuF CTS, wiarVes IaudinNs and fauchesi to oun and operate stores electric light pants. h9arilHas houses. warehouses and banking houses. nud t0 euRaRe Q g geus eraI banking business Co lay OUt Hn0 plHt townsites, and io buy sell, lease and mortgage renl estate cOH uecfcd with said tOwusitef, or lt any manner connected with the business of this corporation, Co own, control and handle lettere patent and inventions, also shares Of the capital stock of this and other Corpora tione, even Co the extent and for the purpose Of owning, controlling and managing such other corp0ratiOns tO buy, sell. lease. manu- facture and deal in all kinds of property, real and personal; to borrow money and execute notes, bonds, mortgages and deeds of trust to secure the same; to purchase or in any lawful manner, accept possess, enjoy, operate and use franchises from any foreign country or state, or any state or Territory of the United States, or any municipal or private corpora ton, either local or foreign, and to issue fully paid and non-assessable stocks, bonds, or 0fh- CT obligations in payment of property pur- chased by it; to exercise in respect of all such bonds, mortgages, notes, shares Of capital stock and other securities and obligations owned by it. all the right, power and privileges Of in. dividual owners thereof. including the right 10 vote any shares of the stock held by it; and in general to do all things necessary to the proper conduct of the business of the Corpora ton in the Territory of Arizona and elsewhere.
 III. The amount of the capital stock of this Corporation shall be five hundred thousand i5O0,000l dollars divided into five hundred thousand (5OO,0O0l shares of the par value of one (1l dollar each.
 ". At snch times and upon such conditions as the Board of Directors of this Corporation shall by resolution accept or direct, said cap- ital stock shall be paid into this corporation either in cash or by the sale and transfer to it Of real or personal property, including the capital stock, franchises and property of other Corporations, either domestic or foreign, in payment for which the capital stock of this Corporation may be issued, and the capital stock so issued shall thereupon become and be iully paid and non.assessabe, and in the ab- senye of actual fraud in the transaction the judgement of the Board of Directors as to the value of the property 50 purchased shall he conclusive.
 V. The time of the commencement of this Corporation shall be the date of the filing oi these articles in the office of the County Re corder of santa Cruz County, Arizona, and the filing of a certified copy of the same with the Auditor Of the Territory of Arizona, and the termination thereof shall be twenty-five years thereafter. but the same may be renewed from time to time for a period of twenty-five years, aS provided by law
 VI The affairs of this corporation shall be conducted by Board of Directors, which shall be composed of not less than three nor more than seven members, 10 be chosen from among the stockholders of the corporation a the annual stock holders meeting, which shal be held in the town of NogAles, santa Cru County Arizona, on the second Thursday O September Of each year and until their sue cessors are elected and qualified, the Board Q Directors and officers of the Corporation shal be c. c. Rountree President. Aparci0 P0rchAs president: Miguel F. Hermosa Secretary Aurelio Sandoval, Treasnrer and John Miller
 VII. The highest amount ol liability, direct or contingent, to which this Corporation is ~ any time subject is one hundred thousand 100000 dollars.
 VIII The private property D the stockhold CTS Of this Corporation shall be exempt from corporate debts
 IN WITNESS WHEREOF we have hereunto set our hands this 2sd day oi February 1915.
 c. c. ROUNTREE.
 JOHN MILLER.