Arizona republican., 1906-01-27

including bonds and shares of the capI- tal stock of other corporations, mines eral lands, placers, oil. coal, shale, as phaltum, petroleum, salt. water and water rights, and machinery. and to work. nine explore, operate and develop the same, to purchase, hold, SC 1. lease or oIherWise ueai with or m letters patent ana patent rlghts or this and foreign countries, to borrow money and execute notes, bonds, mortgages or deeds uI trusC 70 secure the same ana 10 e&erclse in re speCt thereof and of all shares of capital stock and other securities and obligations any and all rights, powers and privi- leges of individual owners. including the right 10 vote any shares of stock held by it to the same extent that a natural per son might or could Go to g-Iarantee and preferred stock of other corDorations. and in general to do all things necessary to the proper conduct of the business or
 Third: The authorized amount of the capital stock shall be two million dol- lars (S2,G00 0OO divided into two million (2,0O0,C00) shares of the par value of one dollar t$D each. At such time as the board of directors may by resolution di- either in cash or by the sale and trans fer of real or personal property to the said corporation Tor its uses and pur- poses, in payment for which capital stock nay be issued. and the stock so issued shall thereupon and thereby become and the judgment of the directors a 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 (z5) years thereafter.
 Fifth: The affairs of this corporation shall be conducted by a board of three dent, secretary and treasurer; whose du- ties shall be prescribed in the bylaws, and said board and said officers snalE be elected annually on the first Tuesday at- ter the first day Of December of each year as the bylaws shall provide And qualified. the following shall be the off, cers of this corporation:
 F. H. Prentss, president, C. Z- Ellis. vice president, and R. C. Lane, secretary and treasurer; and the directors shall be r. r. Prenaiss, R. c. Lane and C. C.
 sixth: The highest amount of indebt- edness or liability to which this corpora tiCn is may at any time be subject shall be one hundred thousand dollars CS1O0,O0O).
 stockholders of this corporation shall be and is hereby made forever exempt from all liability for the debts or obligations
 Eighth: The capital stock of this cor poratton shall be and is hereby made forever non-assessable by this corDOra--
 In witness whereof we have hcreunto set our hands and seals this 9th day of
 FREDERiCK H. PRENTIss. (seaD
 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 Q905), before me, George Pattison. a no tary public, in and for said city and county, residing therein. duly cCmrnis- stoned and sworn. personally appeared Frederick H. Prent.ss and Robert C. Lane, known to me to be the persons whcse names are subscribed to the with in instrument. and acknowledged to r. that they executed the same for the pu-- poses therein mentioned.
 In witness whereof, I have hereunto set my hand and affixed my official seal. al my office in the city and county of san Francisco. the day and year in this certificate first above written.
 (NotaTial SeaD
 GEORGE PATTISON, Notary Public in and for the City and
 EnLInlE- of San Eranniscn ELata of Eal-