Arizona republican., 1905-10-27

| Of any property or any business in
 which this company is, or may become l interested. To buy, sell, or deal in stocks, bonds or other evidences Of ownership, interest in, or indebtedness l of mining industries, or other corpor- Iations, companies, or associations. | 2. To enter into arrangements and contracts with any person or corpora ltion owning mining properties, ma Ichinery, factories, franchises or plants.
 | adjacent to, O. which can be of req IsOnable use to this company for the
 exchange of traffic, tramway. service. operating portion. joint workings or otherwise, as the board of directors
 may desire.
 s. To pay cash subscribed for. eX- change or transfer real or personal property of any character. or issue full paid and non -assessable stock for any real or personal property or option on, | Or leases of real or personal property,
 including bonds, stocks, and obligations | of other companies, rights. privileges.
 or franchises purchased by the com pany, and to hold, mortgage. or dis | pose of such real or personal property, leases, options. stocks, bonds and obIf- gations of other companies, and gener-
 ally to transact any and all business. 1 and to do any and all things that may i in any wise be necessary, incident or Iappurtenant to the powers, purposes or business of the company.
 | Third. That the amount of capital stock authorized is one million five hundred thousand dollars and the mum i Der of shares into which it is divided 1 is one million five hundred thousand, i of tha par value of one dollar each. which amount is to be paid in at the date of issuance, or at such times as the board of directors may designate, 1 in money, property, labor, or any other valuable right or thing, and the judg- ment of the board of directors or man aging officers as to the value thereof shall he conclusive.
 Fourth: This corporation is formed to endure for twenty-five years after it's articles are duly executed. but its charter rights may be renewed. Cbe- fore it's charter expires) from time to time for periods not exceeding twenty five years at 9 time perpefraU-- Fifth. That the officers of said cor poratOn, to conduct it's affairs shall consist of five persons, viz. B. P. An derson. w. D. Shemwel. J. A. Elston. | s R. Earnest, of the city of Colorado Springs, Fl PasO county and state Of Colorado, and Jerry Culbertson of Har- risonviIIe, state of Missouri. who shall respectively be stockholders in said company, and who shall manage the concerns and business of the cOnDanv for the first year; the board of direct ors are to be elected on the taird Tuesday in October of each year here after during the life of this company. Sixth. That the highest amount of Indebtedness or liability to which the corporation is at any time to subject itself is one million dollars
 Seventh. That the private property of each officer and stockhOlder Of said corporation, is to be exempt from all corporate debts. liabilities or obliga- tions
 Eigath. The capital stock of this corporation shall be, and is hereby made forever non-assessable for any purpose.
 Ninth. This company shall keen a local office at Phoenix. Arizona. and may keep other offices and places of business within or without the terri tory of Arizona as the board of di- lrectOrs may determine, at which place or places, all incOrporators'. stock holders, and directors meetings may be held and all corporate business may be transacted.
 Tenth. The principal business and operations of said company shall be carried on in the Chief mountain min | Ing district in Lincoln county, in the state of Nevada, and may be extended to, and carried on in any other county or counties in the state of Nevada, as in the judgment of the directors it's business or interests may require: and the said company may also carry on business in any of the e+~--- 0- ter ritories of the United States. as 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 company. either within or without the territory of Ari- zona.
 | Twelfth The directors of our said company shall have the power to make such prudential bylaws as they deem proper for the management and dispO- sitiOn of the stock and business af- | fairs of said company. and its opera | tiOns. not inconsistent with the laws of ! the territory of Arizona. and the pre- iscribed duties of the officers and ser
 wants that may be employed by said | company, and for the appointment of | Itneir officers, and for the carrying on | of all kinds of business within the ob- i ject and purpose of this company which bylaws may be revoked. added
 to. or amended by said directors in
 manner to be prescribed by said by laws.
 | The board of directors, by the affir-
 Imative vote of a majority of the whole
 board. may appoint from their num-
 Der, an executive committee. consist
 ing of one or more and to such an ex-
 ltent as shall be provided by the by
 flaws, such committee shall respectively
 lhave, and may exercise all or any oS
 the powers of the board of directors
 including the power to cause the seal
 lOf the corporation to be affixed to all
 lpapers.
 The board of directors may appoint
 mot only other officers of the corpora
 tion, but also vice president. an as
 Isistant treasurer and an assistant sec
 lretary, and to the extent provided by
 lthe bylaws. or by the board of direct