Arizona republican., 1905-07-06
county of Maricopa, Territory of Ar


 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 tion 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, or until their successors are elected. DeNeIlns mat lilH LlSlAGSt LOteAl amount of indebtedness or liability, or i both combined. which the corporation shall at any one time subject itself, di- rectly or indirectly, shall not exceed l fifty thousand (S5O,OO0) dollars. and that private property of it's stOckhold- l 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 1 man. William A. Eckerly, William J. Handford 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.
 Cb) 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- l fracture. buy. sell. lease. or operate on royalty or otherwise. patents, patent
 rights inventions, copyrights. trade marks. trade secrets and 10 do any and l all things necessary or usual to be done 1 in or about the acquiring owning, manufacturing of mining and other machinery, selling. utilizing or dispos- ] ing of same. or renting, leasing by roy atty or otherwise of such mining ma chinery. and to acquire, own, hold, sell, l lease buy or occupy real estate. placer ground water rights, irrigating canals ! or ditches and lateraIs. to exchange make repair smelt, refine. store, pro ] tect, contract for. dispose of and other wise deal in all kinds of ore, merchan- i disc and personal property of every l description. tangible or intangible, in l cIuding the capital stock and obliSa- l 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 buy i lease. sell or operate manufacturing plants, etc.
 co To act as trustee and agents for individuals and corporations and companies; to buy and sell the capital stock and obligations of this corpora
 ton: to pledge its own capital stock; to lend and borrow money; and to have
 exercise and enjoy all the rights and privileges of corporations according to
 the laws of the Territory of Arizona and to do business according to these
 powers in any state, territory, island
 or fand in. belonging to, or under the
 jurisdiction of the United States or the Republic of Mexico.
 In witness whereof We have hereuntc
 set our hands this 10th day of April, A
 D. 1905.
 Signed:
 TONAS F HOLMES. (Seal.)
 CT4ARTFS w. BOWMAN, (Seal, 1rTA1r ECxE2TY (Seal'