The oasis., 1906-10-06
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 sfcoNn. fine general nutlfo ol thc buslDe.s proposed Co bc transacted hy 'b0s Corporation k ns follows. tO.Wtt
 To conduct general mimaeand exploration business with full powers tp make cOntfactst q Co purchase, lease. bond. locate Or otherwise acquire. OVID exchange, sell or otherwise dispose of, pledge, mortgage, hypOthecate and deal in real estate and any and all kinds of personal property; mines. mining claims. oil lands. coal lands mineral lands, oil. gas, coal, shale asphaltum petroleum, asbestos, salti water and water rights and machinery and tO work, mine. explore. operate and de. velOD the same; and Tn general co do all things necessary e the proper cOnduc. Of the business Of this Corporation in the Territory and elsewhere, not inconsistent with the laws of the United states and the Territory of Arizona.
 THIRD. The authorized amount of capital stock of this Corporation shall be One Million Dollars ($l 0J0.OJO). divided into One Million shares of the par value of One Dollar SL0D each At such times as the Board of Directors may by resOlu- ton direct, said capital stock shall be paid into this Corporation, either in cash or by the sale and transfer tO 1t, Of real or personal property for the uses and purposes of said corporation, i'll payment of which shares or the capital stock Oi said corporation may be issued, and the capital stock so issued shall thereupOn and thereby become and be fully paid up and nOn-assessaDle, and in the absence of actual fraud m the transaction the judg- ment of the Directors as to the value of the property purchased shall be conclusive.
 FOURTH: The time Of the commencement ot this Corporation shall be the date of the filing of a certified copy of these Articles of lncor- poration ill the office of the territorial auditor, and of the recorder of santa Cruz County, and the termination thereof shall be twenty-five years thereafter.
 FIPrH The affairs of this corporation shall be conducted by Board or Directors of six members and the following named shall con stitute the Board of Directors until their successors are elected: Charles C. Felton, Marion " Kegg. John J. Joyce John C. Eel ton, J. r. Williams and Paul Eachus. There after the Board of Directors shall be elected from among the stockholders on the First Tuesday Tn January of each year. me oHlcers of said Corporation until their successors are elected shall be: Paul Eachus, President Marion " kegg, Vice resident: John J. Joyce, Secretary; John C. FeltOn, Treasurer.
 SIXTH. The highest amount of indebted ness or liability, direct or contingent,t0 which this Corporation is at any time subject shall be Five Hundred Thousand Dollars ($50OG00), which amount does not exceed two-thirds of capital stock.
 SEVENTH: The private property of the stock holders of this CorpoTatiOn shall be exempt from corporate debts If any kind whatsoever.
 IN WITNESS WHEREOF, We have hereunto set our hands and seals this fifteenth day Oi August 1906. CHARLES c. FELTON, lSEAL.l
 MARION V. KEGG, SEAL
 JOHN C. HILTON, SEAL.]
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