Arizona republican., 1906-09-26

and privileges of every kind and na- ture whatsoever for profit and other wise; and to do any and all things use ful, necessary or requisite to operate the same; and to do any and all things useful, necessary or requisite to carry out any of the purposes for which said company is formed.
 Third: The capital stock of our said company shall be Ten million dollars
 (s10,000, ,0OO.O0) divided into one million
 (1.O00.000) shares Of the par value of Ten dollars ($1O.O0) for. each share, and said stock shall be issued full paid and non -assessable, at such time or times as the Board of Directors may desig- nate, in exchange for cash, property, services. or other valuable right or thing, and the judgment of the Board of Directors, in the absence Of actual fraud, shall be conclusive.
 Fourth: Our said company is to ex- | ist for the term of twenty-five (25l years, and may be renewed at the ex-
 piration of that time
 1 Fifth: The affairs and management
 of our said company is to be under the control of Board of five (5) Directors,
 and w P. Durham, F. c. Thomas. R.
 H. Reid. c. K. Mccormick and William Bayly are hereby selected to act as
 s5e-AA NAA NNNoAss anu AD AlAGAA1EsE e1AA and concerns of said company during
 the first year of its existence and until
 their successors are duly elected and . qualified
 Sixth: The operations of our said company will be carried on in the County of Pinal, and other counties in
 the Territory of Arizona. and in other
 states and territories of the United States of America and republic or Mexico; and the principal place and lbusiness office of said company shall
 be located in the City of Phoenix County of Maricopa. and Territory Of
 Arizona aforesaid. Branch offices may
 be established in such other cities Of
 the United States and elsewhere, as
 the Board of Directors may designate
 by bylaws or resolutions and meet
 .ings of the Board of Directors or Stock holders may be held at such points out
 side of the Territory of Arizona. and at
 such times as the best interests of the company may require. The principal place of business outside of the city of | Phoenix. shall be the city of Los An geles, California.
 . Seventh: The Board of Directors shall have the power to make such
 prudential bylaws as they may deem - proper for the management of the af-
 fairs of this company, and subject tC the approval of the stockholders Of the
 company, according to the statute oi , the Territory of Arizona, in such case } made and provided
 Eighth: The private property oi members and stockholders of our caiC company shall be exempt from liability
 for corporate debts of the company except as provided by the laws Of ths
 Territory of Arizona. The highest in R debtedness or liability. direct or con
 tingent, to which the corporation Is al B any time to be subject. shall in no cas- a exceed two-thirds (ss) Of the amour - of the capital stock thereof IF In testimony whereof. we have here a unto set our hands and seals. this 12tl e day of September, 1906, A. D. .el w P. DUNHAM CSeal .e E. G. THOMAS CSeaI d R. H. REID (Seal If State of California, County of Lo .- Angeles-ss-
 m On this 12th day of September, in tn 1f year one thousand nine hundred am I- six A. D.. before me, Estelle M- LeSage i'd Notary Public in and for said Count
 of Los Angeles, State of California. re le siding therein. duly commissioned an ,e sworn, personally appeared W F. Dun
 ham, E. G. Thomas and R H Reit IF personally known to me to be the pre- ,- sons whose names are subscribed . 2 the within instrument and acknOWl I'd edged to me that they executed tn Id same for the purposes and consider e ations therein expressed
 VI In witness whereof. I have hereunt ,d set my hand and affixed my official sea off the day and year in this certificate frs ,d above written.
 ,d CSeaD ESTELLE N. LESAGE Id Notary Public in and for the Count Q of Los Angeles. State of Calif0rni. ,d Territory of Arizona, County of Mar ,n icopa.
 y- I. c. F. Leonard. county recorder l al and for the County and Territor ,d aforesaid. do hereby certify that th a- within instrument was filed for recor r. at 200 o'clock D. m. on this 14th da s- of September. 1906. and duly recorde % in Book No. 40 of Inc Records of Maj s. icopa County. Arizona. at pages 1ol or 1O6.
 nal tSeaD C. F. LEONARD. s. County RecOrde