Arizona republican., 1906-12-25


 | ing members or the board by appoint ment from among the stockholders. and such appointment shall be for tho unexpired term for which the appoint ment is made
 | The first board of directors shall consist of the following persons; Frank w. Arford. Wm. J. Shelton, Charles Brand and Walter S. Dillon and three | () others to be named by said beard. The majority of the board of directors shall constitute a quorum for Jhe transaction of business.
 Sixth. The highest amount of in- debtedness or liability either direct or contingent. 10 which this corporation Is to be at any time subject shall not exceed the sum of seven hundred and fifty thousand dollars Cs550O0000). and the private property of the stOckhold- CTS of this corporation shall De exempt from the payment of it's corporate debts.
 Seventh. The general nature Of the business proposed tO be transacted b. this corporation is to locate. buy. bond. acquire. hold. own. lease. possess. of- 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. Co 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. lcOntract for lease or otherwise acquire. hold own. manage. operate. morJgag.
 or sell or otherwise convey relnerieS,- pipe lines. tank cars. manufacturers
 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 Co that end
 to deal in any and all commodities "f every kind conducive to the successful . conduct of said business. Co 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,
 to 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 and execute bonds. notes. mortgages and deeds Of trust Co 2 secure the same: to register stock of other corporations and tO act as trans~ . fer agent for the same. and Co do and perform each and every act and thing which it is lawful for natural persons ] to do. all of which business or Occupa- 1 tions may be car, jed on at such places . either in the United States Of America
 or foreign countries as the board Of T directors may deem best for the in Q terests of the corporation
 5 Eighth Within a reasonable time HrH 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 ofi- ' cers or agents as the board may deem
 necessary for the best interests of the corporation.
 z The president secretary and treas . urer shall be members of the board ot directors. and the otaces of secretary '. and treasurer may be hlled by tlr
 same director. All the officers shall hold their office during the life of thr
 board of directors by whom they are ., elected. and until their successors are = elected and qualified. unless sooner re- '. moved for causes by a vote of two- r, thirds (25) of the directors
 = Ninth These articles of incorpora- 70 ', ton may be amended or altered at ans regular meeting of the stockholders or any special meeting called for that .. purpose by an affirmative vote cf the :. stock then issued. and the board n- - directors or any three t5l stockhollf-s ,- may call a meeting of the stockhol-- = CTS for this or any other purpose mos
 inconsistent with law. but notice oi ', such meeting and the object ot tne I same shall be given each stockho.der either personally or in writing by mall ' at least fifteen G5) days p-io- to tht . meeting at which such anentin"ii. ,- shall be voted upon.
 In witness whereof. we have here .a unto set our hands this 18th day o' ,f October. 1906.
 ?, FRANK W. ARFORD. tSvaI'
 VIM. J. SHELTON t>ta-'
 CHARLES BRAND t~-Ili V. WALTER =. DILLON tSc-il , State of Illinois
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