Arizona republican., 1906-12-28


 w. Afford, Wm. J. shelton, Charles Brand and Walter s. Dillon and three (3) others to be named by said board. The majority of the board of directors shall constitute a quorum for the transaction of business.
 Sixth. The highest amount of in- debtedness or liability either direct or contingent, to which this corporation Is to be at any time subject shall not exceed the sum of seven hundred and fifty thousand dollars ($750. .000.00), and the private property of the stockhold- CTS of this corporation shall be exempt from the payment of its corporate debts.
 Seventh. The general nature of the business proposed to be transacted by this corporation Is to locate, buy, bond, acquire, hold, own, lease, possess, op- crate. or sell or otherwise dispose or mines and mining claims, or prospects of gold, silver or copper and all other minerals, and all kinds of mineral lands or properties; to buy, lease or otherwise acquire, to hold and own, manage. operate, improve, mortgage, sell or convey or otherwise dispose of any developed lands, concessions, franchises. mining claims. oil wells and any and all other real estate and in terests in any of said properties; to engage in the building of stamp mills. smelters and other mills and the oper- ating of the same, extracting precious metals, boring, digging, drilling, tun- neling and exploring for. producing. refining. treating, piping, handling. storing, dealing in. buying and selling. gold, silver. copper. coal, iron, oil. lead, zinc, salt, petroleum. mineral gas, as- phaltum. bitumen. bituminous rock and other minerals and hydro-carbon sub stances and for such purposes to buy, contract for. lease or otherwise acquire, hold. own, manage, operate, mortgage or sell or otherwise convey refineries. pipe lines. tank cars. manufactories, machinery and other works. property and appliances and rights of way that may be necessary or convenient or appurtenant for the purposes of said corporation; to manufacture electric ity, obtain rights of way. erect poles. string wires, and buy or sell electric ity, to carry on and control a general merchandise. forwarding. commission and storage business and to that end to deal in any and all commodities of every kind conducive to the successful conduct of said business; to buy pro- cure, hold, own, sell. construct. equip, mortgage. maintain and operate rail- roads. steam ships, ferries, trainways. stagelines, automobiles and any and all other kinds of transportation, including equipments thereof and therefor. for mining or transporting. or for other lawful use or business: to own, handle or control letters patent and inventions. 10 purchase or otherwise acquire. hold. own, pledge, hypOthecate, sell or dis pose of the capital stock of this or other corporations and also bonds, de- bentures. bills. promissory notes, mort gages and pledges of other partner ships, corporations and persons; to borrow money ard execute bonds. notes. mortgages and deeds of trust to secure the same: to register stock of other corporations and to act as trans fer agent for the same, and to do and perform each and every act and thing which it is lawful for natural persons to do, all of which business or occupa- tions may be carried on at such places either in the United States of America or foreign countries as the board of directors may deem best for the in- terests of the corporation.
 Eighth. Within a reasonable time after the organization of any board of directors they shall meet at any of the offices of the corporation and elect the officers of the corporation which shall be a president, vice president, secre- tary and treasurer, and such other off, cers or agents as the board may deem necessary for the best interests of the corporation.
 The president, secretary and treas urer shall be members of the board of directors. and the offices of secretary and treasurer may be filled by the same director. All <the officers shall hold their office during the life of the board of directors by whom they are elected and qualified. unless sooner re- moved for causes by a vote of two- thirds (25) of the directors.
 Ninth. These articles of ineOrpora- tion may be amended or altered at any regular meeting of the stockholders or any special meeting called for that purpose by an affirmative vote of the stock then issued, and the board of directors or any three (3) stockholders may call a meeting of the stOckhold- CTS for this or any other purpose not inconsistent with law, but notice of such meeting and the object of the same shall be given each stockholder either personally or in writing by mail at least fifteen Q5) days prior to the meeting at which such amendment shall be voted upon.
 In witness whereof, we have here unto set our hands this 18th day Of October. 1906.
 FRANK w. ARFORD. (SeaD
 VIM. J. SHELTON. (SeaD
 CHARLES BRAND. (Seal)
 WALTER $. DILLON. (SealJ State of Illinois.
 County of Cook, ss.
 Before me, Mabel C. Hutchings, a notary public in and for said county, on this day personally appeared Frank w. Arford, Wm. J. Shelton, Charles Brand and Walter $. Dillon, known to me to be the persons whose names are