Arizona republican., 1905-05-16

 , working, or otherwise, as this Com
 pany may desire.
 VIII. To pay cash subscribed for,
 exchange or transfer, real or personal
 property of any character, or issue full paid and non-assessable stock for any
 real or personal property, or options
 on, or leases of real or personal proper
 ty, including bonds, stocks and obl-
 gations of other Companies, rights
 privileges or franchises purchased by | the Company and to hold, manage.
 or dispose of such real or personal | prorerty, leases, options, stocks,
 bonds and obligations of other Com | panics and generally to transact any
 and ali business, and to do any and | all things that may in any wise be | necessary, incident or appurtenant to
 the powers or business of the Com
 pany
 THIRD. That the amount of capi-
 tai stock authorized is One Million.
 Two Hundred and Fifty Thousand l C$1.2 ,OOOO dollars. and the number | of shares into which it is divided is | One Million. Two Hundred and Fifty
 Thousand q, ,25O O00.), of the par value
 of One Dollar ($1.) each, which amount is to be paid in at the date of l issuance or at such time as the Board of Directors may designate, in money,
 property, labor. or any other valua- bIe right or thing, and the Judgment
 of the Board of Directors or managing | officers as to the value thereof, shall
 be conclusive.
 FOURTH This corporation is formed to endure for twenty-five years (25) after it's articles are duly executed. but its charter rights may be renewed. (before it's charter eX- pires) from time to time for periods not exceeding twenty-five (25) years at time, perpetually.
 FIFTH That the officers of this Corporation, to conduct it's affairs, shall consist of a Board of Directors consisting of five (5) persons, viz: s. R. Earnest, George A Cockburn' d. A. Flston, C. G. Graham, all of the City of Colorado Springs. in said State of Colorado. and RusseI Prentice or Iida. Esmeralda County, State of Ne vada. who shall respectively be stock | holders in said Company, and who | shall manage the concerns and busi- ness of the Company for the first V. ar. which Board of Directors are to be elected hereafter on the third Tuesday in January of each year dur ing the life of this Company.
 SIXTH. That the highest amount or indebtedness or liability to which the AOEDBTd uOu AS eAA any N4AA-N " itself. is One Million Dollars, (S1.OOO'- OO0.).
 SEVENTH. That the private prop erty of each officer and stockholder of said Corporation is to be exempt from all corporate debts, liabilities or obligations.
 EIGHTH. The capital stock of this Corporation shall be, and is hereby made forever non-assessable for any purpose.
 of our said company shall be kept in the City of Phoe- nix. Maricopa County, in the Territory of Arizona, and branch of fices shall be kept at such other places, within or without the Terri tory of Arizona, as the Board of Di- rectors may determine.
 TENTH The principal business and operations of said Company shall be carried on in The Lida Mining District in Esmeralda County, in the State of Neva6a. and may be extend- l ed to and carried on in any other Coun- ty or Counties in the State of NeVa- : da. as in the judgment of the Direct ors the business or interests may re- quire, and t1le said Company may also carry on business in any of the States
  the Board of Directors may determine
 ELEVENTH. Any meeting of the Board of Directors for the election of officers, or for any other purpose, may be held at any office of the Com pany. either within or without the Territory of Arizona.
 TWELFTH. Stockholders meetings may be held outside of the Territory ,f Arizona at any of the principal of Ices of said Company.
 THIRTEENTH. The Directors of ' ,ur said Company shall have the pow ar to make such prudential Bylaws IS they deem proper for the manage nent and disposition of the stock and business affairs of the said Company md its operations, not inconsistent I with the Laws of the Territory of and the prescribed duties or ihe officers and servants that may be employed by said Company, and for he appointment of their officers and - Or the carrying on of all kinds of business within the objects and pur- poses of this Company, which By -avs may be revoked, added to, or amended by said Directors. in a man Ter to be prescribed in said Bylaws. The Board of Directors by the affirma- i've vote of a majority of the whole Board, may appoint from their num- 1er, an executive committee consist A ng of two or more, and to such an S xtent as shall be provided by the By - Laws, such committee shall respect 2 vely have, and may exercise all or my of the powers of the Board of Di- 'ectors, including the power to cause c he seal of the corporation to be af- h fixed to all papers. h The Board of Directors may appoint .o+ only other officers of the Corpora E ion, but also a Vice-President, an 1ssistant Treasurer, and an As istant Secretary, and to the xtent provided by the By < .aws, or by the Board of Direct T ITS, the persons so appointed respect j. vely, shall have and may exercise all i he powers of the President, and of 2