Arizona republican., 1905-10-24

and the corporation may have such other offices, principal or branch, either within or without the territory of Arizona, as may be established by the board of directors, at which meet ings of the stockholders and board of directors may he held.
 Second: The general nature of this corporation is as follows, to-wit: Min ing for diamonds, precious stones, gold, silver and other minerals, the prepar- alton and marketing the same. The carrying on the business of grazing and animal industry; general trading and merchandising. The construction and operation in Brazil of roads railroads, tramways. electric lines. steamships, steamboats, lighting, power, telephone and telegraph lines, and all other forms of transportation incidental to and necessary in the conduct of it's affairs The buying and selling of timber lands and lumber. For all these purposes the company will acquire, hold, use and work such rights and property as may be necessary in the conduct of it's busi- ness.
 The company shall have power to carry on it's business and operations in the United States of Brazil, the United States of America, and in all other countries Of the world.
 Third: The capital stock of the cor poration shall be one million dollars i CS1, 900, ,OOO) divided into one million shares of the par value of one dollar each, and said stock shall be issued | full paid and non -assessabIe at such times as the board of directors may de 1 signate, in exchange for cash, prop | erty, services. or other valuable right or thing, and the Judgment of the di- rectors as to the value thereof shall bC ! conclusive.
 Fourth: The time of the commence ment of this corporation shall be the date of the filing of these articles ol 1 incorporation in the office of the audi tor of Arizona and the termination thereof shall be twenty-five year: thereafter.
 Fifth: The affairs of this corpora tion shall be conducted by a board oi directors consisting of five persons who shall be elected annually on the second Wednesday of December of eacf year.
 1 Sixth: The highest amount of in debtedness or liability, direct or con. tingent, to which this corporation i! at any time subject, shall be sixty si1 thousand dollars ($66,00O) whici lamount does not exceed two-thirds th' amount of the capital stock.
 Seventh: The private property O the stockholders of this corporation shall be exempt from the corporal, debts of any kind whatsoever.
 Eight: Among the power of this bod! corporate shall be first, to nave perpet ual success; second, to sue and b, sued by the corporate name; third t, have common seal and to alter tn, same at pleasure; fourth, to render tn, shares of the company transferabl, and prescribe the mode of making sucl transfers; fifth to make contracts, ac quire and transfer property, possessing the powers in such respects as private individuals now enjoy; sixth, to estab fish bylaws o05 make all rules anC regulations deemed expedient for tn, management of the affairs of the com. pany.
 Tn witness whereof we have here unto set our hands and seals this sev. enth dey of October. 1905.
 Signed and sealed in the presence O ! Charles Edgar Mills, H. Pennock. TIMOTHY HURLEY, G. S)
 THOMAS H. ARMSTRONG, L. S.) lVALENTIN ROBINSON, C.. S.)
 State of New York
 I City and county of New York. ss.
 Before me Charles Edgar Mills, commissioner of deeds for the territory of AriZona, in and for said state anC county of New York, on this day per sonally appeared Timothy Hurley Thomas H. Armstrong and ValentiI Robinson known to me to be the per
 sons whose names are subscribed t the foregoing instrument, and acknow. t1edged to me that they executed tht same for the purpose and consideration therein expressed.