Arizona republican., 1906-12-30

water and water rights, to acquire purchase. buy, own. sell, lease, con- struct, maintain and operate, dams, canals. ditches. levees. fumes and pipe lines for the production of power, for agricultural, mining or transportation purposes and to impound, store, con- duct. use and sell water.
 co To purchase, lease or In any way acquire real and personal property. to own. hold. use. improve and to sell. lease. let or otherwise dispose of same.
 CD) To borrow money. issue bonds. promissOry notes or other evidences of indebtedness and to secure the pay ment thereof by mortgage or deed of trust, or in any other lawful manner.
 (E) To loan money. with or without security and to take mortgages. pledges and securities of real or per- sonal property or other security to secure loans made by it.
 F) To subscribe for. acquire. buy, sell, hold, use, assign. transfer, mort gage, pledge, or otherwise dispose of shares of the capital stock of other corporations. or any bonds. securities, indebtedness or evidences of indebted ness created by any other corporation or corporations or individuals.
 GO To guarantee. assume, protect or otherwise become obligated in respect to shares of the capital stock of other corporations. or any bonds, securities, indebtedness or evidences of indebted ness created by any other corporation or corporations or individuals.
 GID To engage in and carry on the business of numbering in all its forms. general wholesale and retail merchan- disc business. storage and warehouse business and insurance business of all kinds.
 CD To acquire. purchase. buy. own. sell, lease. deal in, develop and oper- ate oil claims. lands and wells and to treat refine, transport and dispose of the same and to acquire. maintain and operate pipe lines, refineries and ali plants. works and materials that may be necessary or convenient thereto.
 CD To acquire, buy, own. sell, lease, construct, manage and operate roads and lines for the transmission of cleo trical energy and all other public and private improvements.
 (K) To do any act or thing necessary or appertaining to the transmission Of any or all of the said business and to carry on and transact any and all other kinds of business to the same extent, purpose and effect as the same or any part thereof could be done by a natural person.
 Third: That said corporation is to commence October 25th, 1906. and to terminate october 25th. 1881. subject to be renewed from time to time for a period not exceeding twenty-five years upon each renewal of such other period as may be hereafter fixed by the laws of the Territory of Arizona in the manner provided by said laws.
 Fourth: That the principal place of business of said corpora ton shall be the city of Phoenix, Mari copa county. Territory of Arizona. and the principal place of business of said in the state of California shall be the city and county of San Francisco, State of California, and all meetings of the board of directors and of said corporation shall be had in said city and county of San Francisco. State of California.
 Fifth: Private property of stock holders shall be exempt from the cor porate debts and the stockholders shall not be liable for the debts of the cor poration.
 Sixth: The shares of the capital stock shall be forever non-assessable.
 Seventh: That the amount of the s.r fgs $500, ,00000 and the number of shares Into which it is divided is 5OO.OOO of the par value of one dollar each and said shares are to be paid for in cash or other property of equivalent value, upon the issuance thereof.
 Eighth: That the number of direct DTS or trustees of said corporation shall be five and that the names and resi- fences of the directors or trustees who are appointed for the first year or to serve until the election and qualifica- ton of such officers. are as follows, to-wit:
 Names. Whose residence is at JOHN A. BRETON.
 San Francisco, Cal. F. V. T. LEE, San Francisco, Cal. | c. w. CONLISK. San Francisco. Cal. H. BOSTWICK, San Francisco, Cal.
 Ninth: That the affairs of the cor poration are to be conducted by the said board of five directors to be elect ed annually on the first Monday after the first Monday in June of each year.
 Tenth: That the highest amount of and liability. direct or indirect or contingent to which the said corporation is at any time to be subject is the sum of five hundred thousand dollars (s5OO.OOO).
 Eleventh: That the amount of the capital stock which has been actually is the sum of five hundred dollars (S50O.OO) and the following are the names of the persons by whom he same has been subscribed, to-wlt:
 Names of No. of
 Subscribers. Shares. Amount. John A. Britton, 100 $100.O0 P. V. T. Lee, 100 10000 P. NJ. Reeves, 100 10000 .. w. Conlisk. 100 10000 H. Bostwick. 100 10000
 In witness whereof, we have here unto subscribed our names this 18th day of October. 1906.
 JOHN A. BRETON. (SeaI) l
 F. V. T. LEE. (SeaD l