Arizona silver belt., 1906-04-26

| IleTCUdIlulSc, HtuCIdi hit, 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 incident 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 (S50, ,000.00, divided into Five Hundred (500 Shares of the par value of One Hundred Dollars ($l0O) 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 on-assessable, 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- CTS meetings, and such votes may be cast in person or by proxy, provided the proxy shall be stockholder.
 ARTICLE ".
 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 Gila county, Arizona, and a certified copy in the office of the Auditor of the Territory of Arizona, and it shall terminate twenty-five (25) years thereafter, un- less it be renewed in the manner pro- vided by law.
 ARTICLE V.
 The affairs of this corporation are to directors who shall be elected annually by the stockholders and shall serve un- 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 un- 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 it 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 (S32, 500.00)
 ARTICLE VIII.
 The private property of stockholders shall be 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, Seal]
 GEO. w. P. HUNT, tSeal1
 R. B. HEGARDT, Seal]
 J. SUTER, Seal TERRITORY OF ARIZONA l ss
 County of Gila '''
 Before me, George J. Stoneman, a Notary Public, in and for the county of Gila, 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 expressed.
 Given under my hand and seal of office this thirteenth day of April, 1906. GEORGE J. STONEMAN, | TNotariaI Seal1 Notary puhlic