Arizona republican., 1905-06-22


 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 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 di- rectors for the first year are:
 Jonas B. Holmes, Los Angeles, Cali fornia; Charles w. 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.
 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.
 
 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 (s50O0O) 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 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. Randford 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.
 , (b) 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 alty or otherwise of such mining ma f chinery. and to acquire, own, hold, sell lease buy or occupy real estate, placer r ground. water rights. irrigating canal! 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 r. description, tangible or intangible. in cfuding the capital stock and obiga 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 bu! | lease. sell or operate manufacturing 9 plants, ntc.
 Cc) To act as trustee and agent! l for individuals and corporations an6 companies; to buy and sell the capita 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 ana privileges of corporations according to the laws of the Territory of Arizona & and to do business according to thes powers in any state territory, islant o or land in, belonging to. or under tn jurisdiction of the United States or tn Republic of Mexico.
 In witness whereof we have hereunt' O set our hands this 10th day of April A a D. 1903.
 Signed:
 f JONAS B. HOLMES, (Seal. CHARLES w. BOWMAN, (Seal. n WILLIAM A. ECKERLY, (SeaI.
 WILLIAM J. HANDFORD, (Seal f JOSEPH METZLER, (Seal. State of California
 County of Los Angeles.-ss.
 On the 10th day of April 1905, be fore me, G. E. Harpham, a notary