Arizona silver belt., 1906-05-03

merchandise; a general manufacturing
business; the leasing, buying, or other
wise acquiring of any or all means
necessary for the transportation of
goods, wares, merchandise and passen-
gers, and the operation of same; to
build, buy, sell, lease and otherwise
acquire. equip, develop and operate
water and water powers and privileges,
water, light and power plants, mines
and mining property, and to carry out
contracts for the building, equipment,
or operation of such plants; to buy,
sell and deal in all kinds of real and
personal property; to buy, or otherwise
acquire, the capital stock of this cor
poration or other corporations, and to
own, hold, vote, control and dispose of
such stock and to do all things essen
tial or Incl to the various lines of
business herein specified, and at such
place or places as may suit the conven-
fence of the corporation.
ARTICLE III.
The total authorized capital stock of
this corporation shall be Fifty Thous-
and Dollars $3.50, 000.0O), divided into
Five Hundred $500 Shares of the par
value of One Hundred Dollars ($100
each.
The stock may be issued in exchange
for cash, services, or property upon
such conditions as may be determined
by the Board of Directors, who shall
have full discretion to fix the value of
property, or services, in exchange for
which stock may be issued, and may
sell stock for cash at such price or
prices as they may from time to time
determine, but not at less than par.
All stock shall be issued fully paid
and worcestershire, and stockholders
shall be entitled to cast one vote for
each share of subscribed stock issued
to and standing in their names on the
books of the corporation at stockhold-
ers' meetings, and such votes may be
cast in person or by proxy, provided
the proxy shall be a stakeholder.
ARTICLE Nv.
The time of the commencement of
this corporation shall be the date of
the filing of these Articles in the Office
of the County Recorder of ella county,
Arizona, and certified copy in the
office of the Auditor of the Territory
of Arizona, and it shall terminate
twenty-five (25) years thereafter, I'M
less it be renewed in the manner pro-
vided by law.
ARTICLE V.
The affairs of this corporation are to
be conducted by board of five (5)
rtrr rhn oh hn oil
by the stockholders and shall serve I'M
til their successors are elected and
qualified.
The first annual meeting of such
STOCKHOLDERS shall be held as soon as
these articles of incorporation are filed
and recorded, and thereafter annual
meetings shall be held on the first
Wednesday in February of each year.
The Board of Directors shall have
full power to establish bylaws and
alter and amend the same, and make
all rules and regulations deemed ex-
pedient for the management of the
affairs of the corporation.
ARTICLE vi.
The officers of this corporation shall
be president, vice-president, secre-
tary, and treasurer, who shall be
elected by the board of directors, i'm
mediately after each annual meeting
of stockholders, and shall hold office
for one year, or until their successors
are elected and qualified.
In the event of vacancy in any
office, the board of directors may fill
the same by election, and the person
so elected shall serve during the I'M
expired term of his predecessor.
The board of directors shall have full
power to appoint such managers and
agents with such powers and titles as
1T may to it seem necessary for the
proper transaction of the business of
the corporation.
ARTICLE VII.
The highest amount of Indebtedness
or liability, direct or contingent, to
which this corporation may at any time
subject itself is thirty-two thousand
five hundred dollars 1892, 100000
ARTICLE VIII.
The private property of stockholders
Snail De exempt from corporate debts
of this corporation.
In Witness Whereof, we have here
unto set our hands and seals this
thirteenth day of April, A. d. 1906.
N. S. BERRAY, [Seall
GEO. w. P. HUNT, [Seal1
r. B. HEGARDT, Seal
j. SUFFER-, [Seal]
TERRITORY OF ARIZONA
County of ella o.
Before me, George j. Stoneman,
Notary Public, in and for the county
of ella, Territory of Arizona. on this
day personally appeared N. S. Berray,
George w. P. Hunt, R. B. Hegardt,
and Jacob Suter, known to me to be
the persons whose names are subscribed
to the foregoing instrument, and
acknowledged to me that they and
each of them executed the same for
the purpose and consideration therein