Arizona republican., 1905-05-13

for the interchange of traffic, tram
 way service, operating portion. joint l 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 COT personal property, or options on. or leases of real or personal proper ty including bonds, stocks and obll- cations of other Companies, rights, privileges or franchises purchased by l the Company and to hold, manage. 1 or dispose of such real or personal property, leases, options, stocks | bonds and obligations of other Com panfes and generally to transact any and all 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-
 tal stock authorized is One Million. Two Hundred and Fifty Thousand | s1.25O.OOO) dollars, and the number | of shares into which it is divided IS | One Million, Two Hundred and Fifty
 Thousand Q,25O O0O). of the par value of One Dollar ($1) each, which amount is to be paid in at the date Of
 issuance, or at such time as the Board of Directors may designate. in money, property, labor, or any other Valua- | ble right or thing, and the judgment of the Board of Directors or managing officers as to the value thereof, shall | be conclusive.
 FOURTH. This corporation is | formed to endure for twenty-five wears (25) after it's articles are duly executed, but dts charter rights may be renewed, (before its charter eX- pires) from time to time for periods | not exceeding twenty-five (25) years at time, perpetually.
 FIFTH. That the officers of this | Corporation, to conduct its affairs shah consist of a Board of Directors, consisting of five (5) persons, viz: S'
 R Earnest, George A. Cockburn, J.
 A Flston. C. c. Graham, all of the City of Colorado Springs, in said State of Colorado, and Russel Prentice, or
 I,ida. Esmeralda County. State Of Ne vada. who shall respectively be stock-
 holders in said Company, and who shall manage the concerns and busl- ness of the Company for the flrst wear. which Board of Directors are to be elected hereafter on the thlru Tuesday in January of each year dur- ing the life of this Company SIXTH. That the highest amount Of
 indebtedness or liability to which the Cornoration is at any time to subject itself. is One Million Dollars, ($l.OOO'- OOO).
 SEVENTH. That the private prop
 ertv 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- i Territory of Arizona, and branch of 1 fees shall be kept at such other
 places. within or without the Terri | tory of Arizona, as the Board of Di-
 rectors may determiDe.
 ] TENTH. The principal business ! and operations of said Company shall
 be carried on in The Lida Mining District in Esmeralda County, in the 1 State of NevaGa, and may be extend- i ed to and carried on in any other Coun- l tv or Counties in the State of NeVa- | da- as in the judgment of the Direct ors. the business or interests may re-
 uuire. and tie said Company may also ! carry on business in any of the States l or Territories of the United States, as | the Board of Directors may determine l ELEVENTH Any meeting of the | Board of Directors for the election Of 1 officers. or for any other purpose,
 may be held at any office of the Com pany, either within or without the l Territory of Arizona.
 TWELFTH. Stockholders meetings
 may be held outside of the Territory
 of Arizona at any of the principal of fices of said Company.
 THIRTEENTH. The Directors ot
 our said Company shall have the pow
 CT to make such prudential By-LaWs as they deem proper for the manage ment and disposition of the stock and
 business affairs of the said Company and its operations, not inconsistent
 with the Laws of the Territory of
 Arizona, and the prescribed duties of
 the officers and servants that may be | employed by said Company, and for the appointment of their officers, and for the carrying on of all kinds or ! business within the objects and pur-
 poses of this Company which By i Laws may be revoked, added to, or
 amended by said Directors, in a man. ner to be prescribed in said Bylaws.
 The Board of Directors by the aff1rma-
 tive vote of a majority of the whole
 Board, may appoint from their num- Der, an executive committee consist ling of two or more, and to such an
 extent as shall be provided by the By
 ha f.