Arizona republican., 1905-11-09

 transacted, is Phoenix. Maricopa county, Arizona, and the corporation may estab- fish branch offices within or outside of said territory where the meetings of the directors and stockholders may be held and the ordinary business of the corpor- ation may be transacted, including the execution of all deeds, documents and writings bearing the corporate seal of the said corporation, and the transferring of shares of this corporation and the is suing certificates thereof.
 @ The general nature of the business proposed to be transacted and the pur- poses for which this corporation is form ed are as follows:
 a. To carry on the business of mining in Arizona or any state or territory of the United States of America, or the United States of Mexico
 b, To make contracts. purchase. lease bond, locate, devise. or otherwise ac- quire, own, sell, exchange or otherwise dispose of. pledge, mortgage, hypothe- cate. and deal in real estate. in either or both of the said countries, and in all other kinds of property, mines, mining claims, oil lands, coal, gas, oil. shale. asphaltum,, petroleum. water and water rights, and machinery. and to work, mine, explore. operate and develop same 1;
 c. To erect and maintain in either Of the said countries all machinery and plants for the purpose of reducing ores or for any other operations of this com pany.
 ds store-houses placed for storing petroleum or other substances, and to carry on the business of buying and selling goods and
 e. To subscribe for and purchase stock and shares in any other corporation, or corporate company. and to become a stock or shareholder in any other cor poration.
 f. To build. erect. maintain and oper- ate rail or other roads and tramways. for the carriage of passengers. ores or freight from any mines or other prop erty owned by this company. to connect with any railroad or water way or town. and other plants. and to generate and supply electricity.
 and telephone lines and to operate the same.
 i. To erect and maintain pipe and oth- CT lines for the purpose of conveying water oil, petroleum, and other sub
 j. To develop water and supply the same for irrigating. domestic, mining
 k. To acquire from F. E. Yoakum. one of the incorporators hereof. all of his vio de Orc. in Sinaloa. a....................... ...!...... .-.......... .................. .',''. Mexico. and to carry out an agreement between the incOrporatorS hereof for the purchase thereof by this company when incorporated.
 (S) The authorized capital of this com pany shall be five hundred thousand (S5O0 000) dollars, divided into five thous- and (5,000) shares of the par value of one hundred ($1O0.OO) dollars each, which may be paid in at such time and place as the directors, for the time being of this com pany, by resolution, shall direct, and may be so paid in either in cash or by the purchase and transfer to it of shares in any other corporation or company or for such considerations as are not inconss- tent with the laws of Arizona, and as the board of directors for the time being shall consider good, and on sucn pay ment, the capital stock so issued shall thereby become paid up and non-assess- able, and the Judgment of the directors as to the value of the said property pur- chased or considerations given for the said stock shall be conclusive as against the said corporation, its officers, direc- tors, or stockholders, and all other per son or persons.
 (D The time of the commencement of this corporation shall be the cate of the filing of a certified copy of these articles of incorporation in the office of the coun- ty recorder of Maricopa county, Arizona. and the termination thereof shall be % years thereafter
 (5) The affairs of this corporation shall be conducted by board of three direc- tors, with power at any time, by unani- nous resolution of the said board to fill vacancies in the board, or to increase the number of directors to nine. The rol!ow- ing named shall constitute the board of directors until their successors are elect Yoakum and D. M. Mcdonald. There after the board of directors shall be elected from among the stockholders on the second Tuesday of January in each year, or so soon thereafter as the meet ing thereof shall be held.
 (6) The officers of the said corporation until their successors are elected shall be-: R. b. Yoakum, president and gen eral manager; F. F. Yoakum, Vice-presi . dent, secretary and treasurer. with power in case of the death or resignation of any one or more of such officers, to appoint some other person or persons to act in the place of the one or more so dying or reSigning
 @ The highest amount of indebted ness or liability direct or contingent to which this corporation is at any time to be subject shall be s15O.OOO which amount does not exceed two-thirds of the said capital stock.
 Gl The private property of the stock holders of this corporation shall be ex- empt from any liabilities of any kind whatsoever for corporate debts or other
 IN WITNESS WHEREOF, We have hereunto set our hands and seals this 18th day ofAugu st. 1905.
 State of California,
 County of Os AngeleS,-SS.
 On this 18th day of August. in the year of our Lord one thousand nine hundred and five, before me, Maude Cooper, a Los Angeles, state of California, duly commissioned and sworn. and residing therein. personally appeared F. E. Yoa- me to be the persons whose names are subscribed to the within instrument, and acknowledged to me that they executed the same for the intents and purposes therein mentioned.
 IN WITNESS WHEREOF, have hereunto set my hand, and affixed my official seal the day and year in this cer- tseaD " 9' A'O' MAUDE COOPER, Notary Public in and for the said county
 of Los Angeles, California. State of Missouri
 City of St. Louis,-ss.
 On this 30th day of August, in the year of our Lord. one thousand nine hundred and five, before me, a notary public in and for the county of St. Louis. state of Missouri. duly commissioned and sworn. and residing therein, personally appeared R. D. Yoakum, known to me to be the person whose name is subscribed to the within instrument, and acknowledged to me that he executed the same for the