Arizona republican., 1905-05-09

mines, mining claims, mill sites, ditches, fumes, mills and every kind of mining property or other real
 estate and all property used in con- nection with mines or mining. Cb) To erect or construct and operate all
 kinds of mills, reduction works or oth- CT plants used in the treating of ores or products of mines in general or in extracting precious or other metals from the same. Co To carry on the mining and ore purchasing business in all it's branches. (d) To own. control. deal in or sell patents and patent rights. Gel To construct, buy, sell or lease or operate railroad tramways or tramroads, boats or vessels, electric light and power lines and plants, wa
 ter works, fumes, ditches and pipe lines Cf0 To lend or borrow money
 and own. hold, sell or control stocks or bonds of other corporations. (g) To do all and everything necessary
 for the convenient and proper carry
 ing out of the purposes above set forth
 whether within or without the terri
 tory of Arizona. 8. The capital stock
 of the corporation shall consist of two
 hundred thousand shares having a par
 value of one dollar per share. The capital stock shall be fully paid up
 when property or money to the value
 of S200000 shall have been transferred
 to or paid In to the corporation by
 those subscribing for the capital
 stock, the stock to be fully paid within two years from date of incorporation.
 4. The corporation shall commence it's corporate existence January, 1905 and
 shall continue in existence for twenty five years from that date. 5. The af-
 fairs of the corporation are to be con ducted by q board of directors who shall be elected annually by the stock holders. The directors may elect or appoint such other officers as they deem proper The annual election shall be held on the first Monday in
 February each year. 6. The highest amount of indebtedness or liability to which the corporation shall at any time subject itself shall be fifty thou sand dollars. :. The private property of the stockholders of the corporation shall be entirely exempt from the debts of the corporation and under no cir
 cumstances shall there be any indi- vidual liability on the stockholders for corporate debts whether capital stock 1 subscribed for has been fully paid up or not S. Al! stock of the corpora tion shall be issued as fully paid up
 
 Newson, H. B. Lynch, Robert C. Ray.
 Witness Carmen D. Bradford, R. F. Lewis Commission expires July 22,
 1906. State of California, city and county oe San Francisco ss. On this 2Sth day of January. A. D., 1905, before me. Carmen D. Bradford, notary pub lie ia and for the said city and county, residing therein, duly commits
 stoned and sworn, personally appear
 ed John r. NewsOm, H. B. Lynch and
 Robert c. Ray, known to me to be the
 persons whose names are subscribed
 to the within instrument, and ac1now-
 ledged to me that they executed the
 same In witness whereof I have here
 unto set my hand and affixed my off,
 ciaI seal at my office in the city and county of San Francisco. the day and year in this certificate first above written. Carmen D. Bradford, notary
 rubIic in and for said city and county
 state of California All Crossley building.