Graham guardian., 1906-02-02

The amount Of capital stock of this corpora
ZION shall be sl,0000OO, divided into 100000
shares Of the par value OF one dollar each, and
said capital stock shall be paid up at the date
Of issue, or any time designated by the Board
OF Directors, In money, property, or any other
valuable right or thing, and In the absence OF
Directors or managing officer as to the value
thereof she'll be held as conclusive.
ARTICLEIv
The general nature of the business authorized
to be transacted by this corporation is as 70
lows, to-wit
10 make contracts, to purchase. to hond to
lease, locate, or otherwise acquire, own, ex-
change, Sc | or otherwise dispose of, pledge,
mortgage, hypothecate. and deal in real estate
md any aud all kinds OF persona properly
ana any aud all kinds of mines, and mining
| claims mineral lands and precious metals, oil :
oil lands, coal, coal lands, gas, asphaltr m
petroleum, asbestos salt any and ali minerals
and metals, water and water rights, and ma
and de eIop the me To build aud operate
roads, bridgeH, tramways and railroads 70 some
existing railroad, turnpike, or public hlgnway,
which may at any time be necessary LOT the
development and handling ofany of the proper
ties Of the corporations; to lay, erect ard main
tain oil and gas pine lines for the purpose OF
transporting oil and gas; To acquire rights OF
way 10 do general real estate, general manu-
,acturing aid mercantile business
70 buy, sell, work, treat, refine, any ana all
minera and metal ores, tailings, dumps OF
products or by-nroducts from any OF its prop
cries or those of other companies or indiVld-
nals, To bnid, equip and opera machinery,
Smelters. bag plants and refining plants
for hand! nS s"uhe, machine shops and 10 hu-
cries, and to buy and sell the products thereof,
To manufacture. buy, sell, contract for ana
furnish material for Improvements, and for he
erection of buildings; to own handle and con
troll letters patent and inventions, and shares
of capital stock of its own corporation and any
stock Of other corporations, to borrow money
and execute bonds, notes, mortgages, or neeqs
of trust TO secure the same and to exercise IN
respect to all such bonds, mortgages, notes,
shares OF stock and other securities and obligt
tons, any and all rights. powers and privileges
Of individual owners thereof, including the
right 70 vote upon any shares Of stock held D
1t TO the same extent that Latural person
might or could do, and in general to do all
things necessary to the proper conduct OF the
business of this corporation, as above stated
and iIcrein set forth, in the Territory "f Ari-
zona, Shd in any other state and territory, not
inconsistent with the laws of the United states
and the territory of Arizona.
ARTICLE
The affairs of this corporation shall be con.
Quoted by board of five directors, composed
of tive stockholders, who shall be elected an
nually on the thi d Monday in January of each
wear, as the bylaws shall provide, and until
such election the following persons shalSaet as
aud be such directors, to.wit: II. 2. Mcintosh,
]. ]. Birdno, Wiley FL ones, Thomas H. Bell
G. d. Reppy.
The officers of this corporation, until their
successors are elected and q alifed shall be
U. ID. Reppy, PRESIDENT Wiley u. Jones, vice
president, John J, Blrdno, secretary and treas
urer
ARTICLE VI
The highest amount Of Indebtedness or liabil-
ity to which this corporation shall at any one
time subject itself shall not exceed One Hun
dred Thousand Dollars.
ARTICLE VII
This corporation Is formed to endure twenty
Ave years after Its articles are duly executed,
and its charter rights may be renewed for per
iods not 10 exceed twenty-five years at time.
ARTICLE VIII
The private property Of the stockholders Of
this corporation shall be and hereby Is made
forever exempt from all liability for its debts
or obligations.
ARTICLE
and is hereby made forever nonassessable, by
this corporation tor any purpose.
ARTICLEX
These articles of incorporation may be
amended in any particular, by vote of mRjOri-
ty OF the stockholders of the company at any
annual meeting called for that "urpose, and the
amendment shall be filed with the recorder Of
Graham county and the auditor Of the territory
OF Arizona and printed as required by law.
In witness whereof, we have hereunto set
1906.
IsRALl JoHs J. BIRDNo,
lsEAR WILEY Z. JONES,
tsEALl THOs. H. BELL,