The border vidette., 1907-01-05

all to the same extent and the same manner that a natural person might or could do.
 To purchase. lease bond locate or otherwise acquire. own. exchange. sell or otherwise dls- pose of. pledge. mortgage. hypotecate and deal in real estate and any and all kinds of personal property. mines. mining claims oil lands. mineral lands. oil gas. asphaltum. petroleum. water and water rights and machinery. and work mine. explore operate and develop the same; to do a general real estate. manufacturing and mercan- tile business to owD handle and control lotters patent and inventions and shares of capital stock of other corporations; to borrow money and execute notcs bonds. mortgages deeds trust secure same. exercise respect all such bonds. mortgage notes shares of capital stock and other securities and obligations any and ali rights. powers and privileges and individual owners thereof. in cluding the right to vote upon any sharCs of stock held by it to the extent that T natural person might r could do; ar q in gen eral to do all things necessary to the prop3r concuct Of the business of this corporation in the Republic of Mexico or in the Territory of Arizona elsewhere. also to lease own and operate q shelter smelters ct5er plants for the reduction of and to lease own and to operate telephone and telegraph lines.
 Article 4. me amount of the capital stock of said corporation is S5,OOo.OO, and the number of shares into which It is divided is 5000 of the par value O. GO per share.
 Article 5 At such time the Board of Directors by resolution may direct the capital stock shall be paid into the corporation. and such payments may be made either in cash or by the sale and transfer to it of property of any kind for the uses and purposes of said corpora t;Un. and shares uf said capital stocK may then be issued and -,id shares so issued shall there upon and thureo, be and become forever fully paid u,s. and in absence of actual fraud the Judgment of I}.c Board of Directors as to the value of auch property purchased or services resliercd to tht, corporation tor shares of stock iu said corporation shall be forever conclusive. ;Arid shares of stock may be issued for services rendered to snid corporation either in it's creation or for other services and such stock shall stand upon the same footing if it had been paid for in actual cash. The shares of the capital stock Of this corporation may be sold by order of the Board of Directors at any sum less than par which the Board of Directors at their discretion may direct. and when so sold and issued fully paid said stock shall be deemed fully paid. and the holder or holders thereof shal1 never be or become liable to said corporation the creditors thereof or to any other person whomsoever for the amount of the difference between the price paid for said shares of stock of said corporation and the par value thereof.
 Article G. That the existence of this corpo- ration shall be deemed to commence upon the date upon which duly certified copies Of these articles of incorporation shall be filed with the rerrit torial uditor of the Territory of Arizona. and the termination thereof shall be twenty five years from said date. unless renewed or extended pursuant to the laws of said Terri tory of Arizona.
 Article '. The Affairs of this corporation shall be conducted by board of seven or more directors majority of whom being present and acting may proceed with authority. and their acts shall be binding if all pre- ,,lsrl following named persons vii constitute said Board or Directors until their successors shall be duly elected.
 Albert M. Conard of Nosales, Arizona.
 William R. Moore of Kansas City, Missouri.
 Edward D. Ellison oi Kansas city. Missouri
 J. M. Lowe Of Kansas City. Missouri.
 Robert $. Stone of Kansas City. Missouri.
 c. E. kroh Of Kansas City. Kansas.
 F. E. Reed of Kansas City. Kansas
 All subsequent directors shall be elected from among the stockholders as the bylaws of the corporation may provide. and the vote of any stockholder may be cast Tn person or by written proxy. which written proxy when once executed shall continue in force until revoked in writing. and such revocation filed with tn secretary Of the corporation.
 Article 8. This corporation shal never create any indebtedness against itself Tn an amount exceeding 2.5OOOO dollars.
 Article 9. The stockholders of this corpo- ration and their private property shall be for ever exempt from all corporate debts and liabilities of this corporation of whatsoever char Icter. and shares of stock in this corpora tion shall be forever non-assessible.
 Article 10. The directors hereof by 1esolu- tiOn may provide such officers. agents. repres- entatIves. employees. servants the needs of the corporation may demand and compensd- ton in money or stock in this corporatian may be given them in any manner they may deem best isest.
 IN WITNESS WHEREOF. We have hercunto set our hands and seals this sth day of No vember. 1906.
 Albert M. Conard.
 By w. R. Moore. his Attorney in fact.
 William R. Moore
 Edward D. Ellison.
 c. E. Kroh.
 J. M. Lowe.
 r. E. Reed.
 Robert s. Stone.
 State of Missouri
 County of Jackson
 Before me Belle Olson 9 Notary Public. in and for the County of Jackson and State of Missouri. this day personally appeared William R. Moore. Edward D. Ellison. J. M. Lowe. Robert s. Stone. c. E. Kroh and F. E. Reed and A. M. Conard by William R Moore his attorney in fact. known to be the persons whose names are subscribed to the foregoing Articles of Incorporation. and who acknowledged to that they executed the their free act and decd. for the pur- poses considerations therein expresse
 Also w. R. Moore. who Is known to me to be the a.toaney in fact for Albert M. Conard. acknowledged the execution of the above in under written power of attorney from said Albert M- Conard. at said time exhibiting to me said power Of +ttorney fully authorizing said William R E,a.4.a % so execute above