The border vidette., 1906-12-29

chandise. timber. lumber. ore mining machin- | cry and other materials. incident and ap- pertaining to the business of the company; to | acquere. lease and operate water rights and | fumes for the purpose of mining and treating | ore and running and operating machinery. | transporting lumber. timber goods. and mer- | chandise in connection with the business of the company. to own and manage saw and | flour mills; to buy and sell timber. lumber and | merchandise and carry and do q general | mercantile business; to buy. own. sell and | deal in the stock of other corporations; to bor- row money and execute notes or other evidences | of indebtedness. and secure tlIe same. by bond | or otherwise on the property of this company | and upon all contract rights of this company. all to the sa.nc extent and the same manner that a natural person might could do.
 TO pdrchase lease. bond locate or otherwise acquire. own. exchange. sell or otherwise dls- pose of. pledge. mortgage. hypotecate and deal in real estate and any and all kinds of personal property. mines. mining claims oil lands. mineral lands oil gas. asphaltum. petroleum. water and water rights and machinery. and to work. mine. explore operate and develop the same; to do general real estate, manufacturing and mercan- tile business; to own handle and control lotters patent and inventions and shares of capital stock of other corporations: to borrow money and execute notes. bonds. mortgages or deeds of trust to secure the same. and to exercise in respect to all such bonds. mortgage notes shares of capital stock and other securities and obligations any and all rights. powers and privileges and individual owners thereof in cluding the right to vote upon any shares of stock held by it to the same extent that a natural person might could do; and in gen eral to do all things necessary to the proper conduct of the business of this corporation in the Republic of Mexico or in the Territory of Arizona elsewhere. also to lease or own and operate a smelter or smelters or otEer plants
 for the reduction of ores and to lease or own and to operate telephone and telegraph lines
 Article 4. me amount of the capital stock of said corporation is S5.0oo.oo. and the number of shares into which 1t is divided is
 5000 of the par value Of $l,Oo per share.
 Article g. At such time as the Board of Directors by resolution may direct. the capital
 stock shall be paid into the corporation. and such payments may be made either in cash or
 by the sale and transfer to it of property ofany
 kind for the uses and purposes of said corpora
 tion and shares of said capital stock may then
 be issued and said shares so issued shall there
 upon and thereby be and become forever fully
 paid up. and in the absence of actual fraud the
 judgment of the Board of Directors as to the
 value of such property purchased or services
 rendered to the corporation for shares Of stock
 in said corporation shall be forever conclusive.
 ano shares of stock may be issued for services
 rendered to said corporation either in it's
 creation or for other services and such stock
 shall stand upon the same footing as if it had been paid for in actual cash. The shares of the capital stock of this corporation may be sold
 by order of the Board of Directors at any sum less than par which the Board of Directors at their discretion may direct. and when so sold and issued fully paid said stock shall be
 deemed fully paid. and the holder or holders
 thereof shall never be or become liable to said corporation the creditors thereof or to any other person whomsoever for the amount of the
 difference between the price paid for said shares of stock of said corporation and the par | value thereof.
 Article G. That the existence of this corpo- ration shall be deemed to commence upon the | date upon which duly certified copies of these articles of incorporation shall be nled with the | Territorial Auditor of the Territory of Arizona and the termination thereof shall be twenty live years from said date. unless renewed or | extended pursuant to the laws of said Terri | tory Of Arizona.
 Article 7 The Affairs Of this corporation | shall be conducted by board of seven or more directors majority of whom being present
 and acting may proceed with authority. and | their acts shall be as binding as if all were | present The following named persons wIl l constitute said Board of Directors until their | successors shall be duly elected. Albert NJ Conard of Nosales, Arizona. William K. Moore of Kansas City. Missouri. | Edward D. Ellison oi Kansas city. Missouri ! J. NJ. Lowe of Kansas City. Missouri. Robert $. Stone of Kansas City. Missouri. | c. E. Kroh Of Kansas City. Kansas. | F. E. Reed of Kansas City. Kansas l All subsequent directors shall be elected | from among the stockholders as the bylaws | of the corporation may provide. and the vote l of any stockholder may be east Tn person or by | written proxy. which written proxy when once
 executed shall continue in force until revoked
 in writing. and such revocation filed with the | secretary of the corporation.
 Article g. This corporation shal never create
 any indebtedness against itself ID an amount
 exceeding s2.5OO.OO dollars.
 Article Q. The stockholders of this corpo- | ration and their private property shall be for
 ever exempt from all corporate debts and | liabilities of this corporation of whatsoever
 character. and shares of stock in this corpora | tion shall be forever non-assessible. l Article TO- The directors hereof by Iesolu- | tiJn may provide such officers. agents. repres- | entatIves. employees. or servants as the needs l of the corporation may demand and compensa-
 ton in money stock in this corporation may l be given them in any manner they may deem
 best V isest
 INWITNEss WHEREOF. We have hereunto
 set our hands and seals this Sth day of No l vember. l9J6.
 l Albert NJ. Conard
 By w. R. Moore his Attorney in fact. | William R. Moore.
 | Edward D. Ellison.
 | c. F. Kroh.
 | J. M. Lowe.
 | F. F.. Reed.
 l Robert $. Stone.
 | State of Missouri
 l County of Jackson