Arizona republican., 1906-01-24

freight from its principal works to some existing railroad, turnpike or public otherwise prepare. or to deal in or deal with any materials, machinery, appli- ances, supplies or products which may Ee used in connection with any of the ob- jectS aforesaid.
 TO hold, purchase, or otherwise acquire. to sell, assign, mortgage, p-edge or oth- eTwise dispose of the shares of the cap ital stock, boncs, or other evidences Of debt incurred or Ieated by other cOrpo- ratoins and while the holder of such stock, to exercise all the rights and priv ileges of ownership, including the right to vote thereon. to the same extent as natural person might or could do; to ap- ply for, obtain, register. lease, or other sell, assign. or otherwise dispose of. any trade marks. trade names, patents, lIl- VenttonS, improvements and processes used in connection with or secured under letters patent of the United States, or Of any other countries, or otherwise. and lo carry on any business whatsoever which the corporation may deem proper or convenient to be carried on in con- nectlon with any of the foregoing pur-
 Without in any. particular limiting or CTS of the corporation, II IS hereby e21- pressly declared and provided that the corporation shall have power to issue bonds and other obligations in payment for property purchased or acquired by it. Tor money borrowed or for any other to mortgage or pledge any property which may be acquired by it. to secure
 
 uons by It., issued or incurred; to guar antee any dividends. bOnds contracts. or OtneI opHSStIohs' 70 make ana perIof1Il cCntracts or every kind and descriptions and in carrying on it's business or for the sole purpose of attaining or further Ing any of It's objects or purposes, to do any and all other things and exercise any and all other powers, which now or here after may he permitted Dy law.
 Third: The capital stock of the cor poration shall be one million five hun dred thousand dollars Csi, ,500, COO. dfvidel three hundred md shares at the par value of five (S5) dol lars each, of which fifty thousan1 (50. eVO) shares are preferred over the other two hundred and fifty thousand C250O00) shares of common stock. The preferred stock shall be entitled to dividends al the rate or seven per cent per annum. from the net earnings of the company in pri- orlty to the dividends on the common stock: Gul with no right to any other or additional share in the earnings of the company In the event of HuuidaJIon of the company the preferred stock is to receive it's par value before any distribu- tion IS made on the common stock.
 The pref rred stock is issued subject 10 1 he right of Co1ur,auxr to Y-a6ae,, fbe per share. IA least thirty days notice of the proposed redemption must be given by mail. to each record stockholder: said redemption shall he of the entire issue cumulative.
 At such time as the board of direct DTS may hy resolution direct. both classes of capital stock shall be paid in either in CdSii' UT bN the sale ana transfer Of real or personal property 10 the said cOrpo- ration, for its uses and purposes in pay ment for which capital stock may be is- sued, and the stock so issued shall there upon and thereby become and be fully paid up and nOn-aSsessable and the Judgment of the directors as to the value or the property purchased shall be con elusive.
 Fourth: The time of the commence nent of this corporation shall be the date or the filing of these articles of in- corporation in the office of the auditor of farnNN twenty-five years thereafter.
 Fifth: The affairs of this corporation shall be conducted by a board of direct ors consisting of seven persons who shall on the second Tuesday of October in each year, commencing in 1906.
 sixth: The highest amount of indebt- edneSs or liability, direct or contingent, which this corporation is at any time subject to shall be one million (Si,O COO dollars. which amount does not exceed two-thirds of the amount of the capital stock Seventh. The private property of the stockholders of this corporation shall be exempt from corporate debts or any kind
 Tn witness whereof. we have hereunto set our hands and seals this twenty-third day of October. A. D. 1905.
 HICKMAN c. BROOKE.
 GEORGE D. IVES.
 NJ. C. FARRELL
 State of Massa chUsetts,
 County of Suffolk. ss
 Before me Henry D. Tudor. notary public in and for the State and county peared Hickman c. Brooke. George D Ives and M. C. Farrell, known to me 10 be the persons whose names are sub scTibed to the foregoing instrument, and