Arizona republican., 1906-01-31

in and throughout the S.aP -yF California; to acquire and secure privileges and tne right of working mines; to own, hold, de- VeIop, improve, lease, let, mort gaze, grant, bargain, sell and convey mines and mining rights and mining claims and property of all kinds, real personal or mixed in the state of California. and to sub-lease and to purchase leases to mines; to build, erect, construct own, operate lease, let, mortgage, gram, bar gain, sell and convey all mining machin- cry, apparatus, mills reduction and re- Inning works for the milling, reduction and smeltlng of ores and to deal in pre- clous metal and minerals and the prod ucts of mines of every kind, character, nature or description and 10 provide ways and means of transporting the sarne to market and to market and sell the same: 10 acquire by purchase or otherwise and own, improve, develop. hold, use, lease. let, mortgage grant bargain and sell real and personal property water water Ilghts, privileges and franchises of every Kind, character and description in the state of California, and to buy build construct, maintain and operate in con neclloh with said business, water dftches, numes. conduits and pipe lines: to buy sell, acquire. own. operate, carry on. lease. let and mortgage, electrical plants and property and deal in electricity Tn all It's branches, together with electrical ap- plances and machinery: to establish and and to appoint and employ agencies wherever it may be deemed best and proper by said company, and generally to do everything and anything necessary, proper or eXpedient to carry out the aforesaid purposes and to carry on all such business of said corporation that may be deemed necessary or convenient by the board of directors.
 Third; That said corporation fs to commence November 1sU, 19J5. and to terminate November 1st 1930, subject to be renewed from time to time for a period not exceeding twenty-five C25) years upon each renewal or such other period as may be hereafter fixed by the laws of the territory of Arizona in the manner provided by said laws
 he nal vl1- -r transacting business of said corporation in the territory of Arizona shall be the Cl,y or PhoenlX, Maricopa county, and lIle pTlncipal place of business of said corporation in the state of California shall be the city and county of San Fran cisco. and all meetings of boards of di- rectors and stockholders of said corr ora ton shall te held in said city and county or San Francisco in said state of Cali Fifth: The private property of stock holders shall be exempt from the corpo- rate debts and the stockholders shall not be liable for the debts of the corpcra-
 sixth: The shares of the capital stock shall be forever nOn-assesabie.
 Seventh: That the amount of the capi- tal stock of said corporation is five hum dred thousand dollars G500 090.p0) and the number of shares into which it is divided IS hVe hundred thousand (50),0OO) of the par value of one dollar (SL00) each and said shares are to be paid for in cash or the issuance thereof
 Eighth: That the board of directors or trustees of said corporation shall be five and that the names and residences of the directors or trustees who are appointed for the first year or to serve until the election and qualification of such officers are as follows to-wit:
 W. F. Kelly. whose residence is at Oak land. Cal; Claus KrOeger, whose resi- cence is at Oakland. Cal. John D. Eby nose residence is at Oakland Cal; l.. L. Dow, whose residence is at Oakland. Cal; A. C. Rumble, whose residence IS a ( Morgan HlI, santa Clara county. Cal.
 Ninth: That the analrs of the corpora- ton are to be conducted by the said board of nve directors 10 be elected an nualy on the second Monday in January or each , ear.
 TenJn: mat the highest amount Of in debtedness and liability, direct or indi- rect or contingent to which the said cor poratIon is at any time to be subject is tue sum or u1ty thousand dollars tSJs.- vyJ-tU unless the stockholders of said col pOrauCn by a JwU-tnIrus voc s-t d lneet- Ing regularly called for that purpose oe- JeIm4ne 70 increase said amOLnt, which snail not in any event exceed two hun ured and hfIy thousand dollars (SzoU,- UUJ.UuJ.
 Eleventh: That the amount of the cap itaI stock which has D-en actualIy su.,- scrlbed Is the sum of i've uOllars (S5.uUJ and the following are the names or the persons by whom the same has been sup scrlDeds to-WlL.