Arizona republican., 1906-01-26

including bonds and shares of the capi- tai stock of other corporations, mines. eral lands, placers, oil. coal, shale as phaltum, petroleum, salt. water ant water rights. and machinery, and to work, mine, explore, operate and develop the same; to purchase, hold. sell lease O- otherwise deal with or in letters patent ana patent rights or this and foreign countries, to borrow money and execute notes, bonds, mortgages or deeds uI trusc to secure the same and to exercise iu re- spect thereof and of all shares of capital stock and other securities and obligations any and all rights, powers and priVi- leges of individual owners including the right to vote any shares of stock held by it to the same extent that a natural per son might or could do, to guarantee and preferred stock of other corDorations. and in general to do all things necessary 10 the proper conduct of the business or this corporation.
 Third: The authorized amount of the capital stock shall be two million dol lars (S2.000 000) divided into two million dollar t$D each. At such time as the board of directors may by resolution di- rect, said capital stock shall be paid in either in cash or by the sale and trans fer of real or personal property to the said corporation for its uses and pur poses, in payment for which capital stock may be issued, and the stock so issued shall thereupOn and thereby become and be fully paid up and non-assessable, and the judgment of the directors al to the value of the property purchased shall
 Fourth: The time of the commence ment of this corporation shall be the date of the filing of these articles of in- in the office of the Territorial Auditor. and the termination thereof shall be twenty-five (25) years thereafter.
 Fifth: The affairs of this corporation shall be conducted by a board of three S5) directors; and q president vice presi- ties shall be prescribed in the bylaws, and said board and said officers snaSI be elected annually on the first Tuesday af- ter the first day of December of each year as the bylaws shall provide. And until their successors are elected and qualified. the following shall be the off, cers of this corporation:
 F. IT. Prentiss, president; c. z. Ellis. vice president. and F. C. Lane, secretary and treasurer; and the directors shall be F; H. Prenaiss, R. C. Lane and C. z.
 Sixth: The highest amount of indebt- edness or liability to which this corpora shall be one hundred thousand dollars CS1O0, ,00O.
 stockholders of this corporation shall be and is hereby made forever exempt from all liability for the debts or obligations
 Eighth: The capital stock of this cor poration shall be and is hereby made forever non-assessable by this corpora
 In witness whereof we have hereunto set our hands and seals this 9th day of
 FREDERiCK H. PRENTIss. (seaD
 ROBERT c. LANE. (SeaD State of California,
 City and County of San Francisco, ss.
 On this 9th day of November in the year one thousand nine hundred and five Q9O5), before me. George PattisOn, a mo- tary public, in and for said city and county, residing therein. duly commis- stoned and sworn. personally appeared Frederick Fl. Prentiss and Robert C. Lane. known to me to be the persons whose names are subscribed to the with in instrument, and acknOW iedged to that they executed the same for the pur- poses therein mentioned.
 In witness whereof l have hereunto set my hand and affixed my official seal. at my office in the city and county of san Francisco. the day and year in this certificate first above written.
 CNOtarial SeaD
 GEORGE PATTISON, Notary Public in and for the City and
 County of San Francisco, State of Cal
 ifOrnia.