The oasis., 1905-03-04

shtfs snd aaifas FeeaaIs fffo fafiffsdt fam NtYt. i1fupiss 4ni eenfit i0 lead e. fNi ifem iis Nofs rf ViHrpe places 4 sDtl"ftt ,o spme atlsfiua rsilfoaH. fnupikp yf public hiehWHy fa bay. teil iffafe. eauttfuft sf Ifire oWu sud ,yemte ifrsailug dlffhts, eae plants electric power steam power. power ipel ilsenkr ovens, buni CTS. wfNfvcsi laudiurs Hna fauenesi co own Wna operate stores, eltftFc light plants. uoartnxs houses warehouses and banking honscs and fO engage a xen- erai banking busiussS; Co lay out and Piat iowustes, and Go buy, sell. loase and mortgage real estate connected with ssid townstes, or in any manner connected with the business os this corporation; Co own control and handle letters patent and inventions, also shares os the capital stock of this and other Corpora ti0ns, even to the extent and for the purpose Of owning controlling snd managing such other corporations; Go buy, sell. lease. manu- and persOnal to borrow money and execute notes bonds, mortgages snd deeds 0t trust to secure the same Go purchase or Tn any lawful manner, accept possess. enjoy, operate amt use franchises from any foreign country or state, pr any state or Terre0 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 oth- CT obligations in payment of property pur- chased by it; to exercise in respect of all such bonds, mortgages. notes, shereS of capital stock and other securities and obligations owned by t, all the right. power anA privileges oi in- diyidua owners thereof, including the right to vote any shares of tho 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. IT. The amount of the capital stock of this Corpontion shall be five hundred thousand f50g0a01 dollars, divided into five hundred thousand (500000 shares of the par value of one (1l dollar each.
 ". At such times and upon such conditions as the Board of Directors of this Corporation shall oy resolution accept or alreet, said gap tal stock shall be paid into this corporation, either in cash or by the sale and transfer tO t of real or personal property, including the capital stock, franchises and property Of other Corporations, either domestic or foreign, Tn payment for which the capital stock or this Corporation may be issued, and the capital stock so issued shall thereupon become and ee fully paid and nonassessable, and III the ab- senee of actual fraud in the transaction Ehe judgement of the Board 0i Directors as co the value of the property so purchased shall he conclusive.
 v. The time of the commencement of this Corporation shall be the date of the filing of these articles in the office of the County Re- e0rder of ~anta Cruz County, Arizona, and the filing of 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 fora period of twenty-five years, AS provided by law.
 VI. The affairs of this corporation shall be conducted by Board nf Directors, which shall be composed of not less than three nor more than seven members, to be chosen from among the stock holders Of the corporation 1t the annual stock holders meeting, which shall be held in the town of Nogales, santa Cruz County, Arizona, on the second Thursday Of September of each year. and until their sue cessors are elected and qualified, the Board of Directors and officers of the Corporation shall be c. C. Rountree. President; ApArlcio PoFehass Vice-presidentj Miguel F. Hermosa, Secretary; Aurelio Sandosal, Treasurer; and John Miller.
 VII The highest amount of liability, direct or contingent, to which this Corporation is at any time subject Is one hundred thousand (100.000l dollars
 VIII. The private property of 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, 1905
 (. c. ROUNTREE.
 JOHN MILLER.