Arizona republican., 1906-01-23

incluqfng bonds and shares of the capi- mining claims, oil lands, coal lands min eral lands, placers, oil, coal, shale. as- phaltum, petroleum, salt, water and water rights, and machinery. and to work, mine, explore. operate and develop the same; to purchase, hold, sell, lease or otherwise deal with or in letters patent and patent rights of this and foreign countries to borrow money and execute notes, bonds, mortgages or deeds SI trus- to secure the same and to exercise in re- spect thereof and of all shares of capital
 S, 9s uii tlSs2 ilu 1Jit any anu sall TiBfIS- powers ana -pflEi- leges of individual owners, including the right to vote any shares of stock held by IL 10 the same extent that natural per son might or could do. to guarantee and secure the payment of interest on the preferred stock of other corporations, and in general to do all things necessary 10 the proper conduct of the bus ness or
 Third: The authorized amount of the capital stock shall be two million dol lars CS2, ,000, OOO) divided into two million (2,0O0,O00 shares of the par value of one dollar tSD each. At such time as the board of directors may by resolution di- rect, said capital stock shall be paid in either in cash or by the sale and trans fer of real or personal property to the poses, in payment for which capital stock may he issued, and the stock so issued shall thereupon and thereby become ana be fully paid up and non-assessable, and the judgment of the directors as to the value of the property purchased shall
 Fourth: The time of the commence ment of this corporation shall be the date of the filing Of these articles of in- corporation or certified copies thereof. in the office of the Territorial Auditor. and the termination thereof shall be twenty-five (25) years thereafter-
 Fifth: The affairs of this corporation shall Ee conducted by Q board of three dent, secretary and treasurer. whose du- ties shall be prescribed in the bylaws. and said board and said officers snaiE be elected annually on the first Tuesday at- ter the first day of December of each year as the bylaws shall provide. And until their successors are elected and qualified. the following shall be the off, cers of this corporation:
 P. IT. Prentiss. president; c. z. Ellis. vice president, and F. C. Lane, secretary and treasurer; and the directors snail be F.. H. Prenaiss, F. c. Lane and C. z.
 sixth The highest amount of indebt- edness or liability to which this corpora tion is or may at any time be subject shall be ore hundred thousand dollars CS10O, ,00Ol.
 stockholders of this corporation shall be and is hereby made forever exempt iron: all liability for the debts or obligations
 Eighth: The capital stock of this cor poration shall be and is hereby made forever non-assessabIe by this corpora
 In witness whereof we have hereunto set our hands and seals this 9th day of FREDERiCK IT. PRENTIss. CseaD
 ROBERT c. LANE. (SeaD State of California
 City and County of San Francisco, ss
 On this 9th day of November, in the year one thousand nine hundred and five G905), before me, George PaJtison, mo- tary public, in and for said city and county residing therein. duly commis- stoned and sworn, personally appeared Frederick H. Prcntiss and Robert C. Lane. known to me to be the persons whose names are subscribed to the with in instrument, and acknowledged to m that they executed the same for the pur- poses therein mentioned.
 In witness whereof I have hereuntO set my hand and affixed nay official seal. at my office in the city and county of San Francisco. the day and year in this certificate first above written.
 tNOta-ial ScaD
 GEORGE PATTISON, Notary Public in and for the City and
 County of san Francisco, State of Cal
 ifOrnia.
 Filed according to law Nov. 13 1905.