Daily Arizona silver belt., 1907-07-07

ALSO, 70 c0nSlruct, own, maintain ana operate plant for the manufacture distribution and sale of gas, for illum nation, for fuel and for any other purpose; to acquire, hold, manage and operate buildings, tanks, machinery pipe and pipelines, and any and all other appliances, for manufacturing 5 producing and distributing gas, and any and all other illuminant products, for light, heat, power and any and all other beneficial uses and purposes to which they may be applied.
 And to manufacture, produce, gener. ate or otherwise obtain electric light heat and power.
 , Also, tos condemn, purchase or other wise acquire rights of way, easements and franchises for the purposes of mar keting, selling, storing, furnishing, con dueting and transporting light, power, water and gas, as aforesaid, to the in- habitants of the City of Globe, Ari- zona, and elsewhere; and to rent, sell, furnish and deal in electric light, heat, water, gas and power, and to rent, sell and supply such portion thereof, as may not be used by this corporation, to cities, counties, towns, villages, private corporations and individuals.
 Also, to erect, construct and oper- ate such buildings, structures. machin- cry, apparatuses and devices, as may be deemed necessary or convenient for the purposes of this corporation
 Also, to transmit electric light, pow. CT and heat, by means of poles and wires, conduits and subways, or other wise, over, through and under any lands, streets, or alleys, or both, in the said City of Globe, Arizona, and elsewhere
 Also, to acquire by deed, gift, grant or otherwise, lands, tenements, heredit aments, leasehold estates, bonds, notes, evidences of indebtedness, stock of this and other incorporated companies, fran chises, privileges and licenses, property and every estate, right, interest, and appurtenances, in, to, or concerning real and personal property of every name and nature, legal and equitable, and to have and to hold, use and enjoy, man. age, control, grant, assign, transfer and convey, cucumber by mortgage or deed of trust, and otherwise dispose of the same or any part thereof, or interest therein.
 Also, to engage in the business of supplying light, heat and power by elee trical appliances, water, gas or other. wise.
 And to do and perform all other acts or things necessary or incidental to the purposes hereinabove set forth; and, also, to engage in any and all kinds of business in which natural per sons may lawfully engage.
 ARTICLE V.
 The amount of capital stock of this corporation shall be Five Hundred Thou sand Dollars (s5O0,Ooo.OO), divided into Five Thousand (5,000) shares of the par value of One Hundred Dollars (s100.O0) each, and when issued shall be fully paid in cash, services, or prop erty of an equivalent cash value, and shall thereafter be non -assessabie.
 ARTICLE VT.
 The corporate existence of this corpo ration shall commence on the day of the filing of these Articles of Incorpor- ation in the office of the County Rec order of Gila County, Arizona, and a certified copy thereof with the Auditor of this Territory, and shall continue for period of twenty-five (25) years thereafter, but its Charter rights may be renewed, before this Charter expires, from time to time, for periods not ex- ceeding twenty-five (25) years at a tune.
 ARTICLE VII. The business of this corporation shall be conducted by a Board of Directors, consisting of not less than seven CD nor more than twenty-one (2D, who shall be stockholders in this corpora ton, to be elected annually at the an nuaI meetings of the stockholders, and the number decided upon and elected at any annual election shall constitute the number of directors for that year A meeting of the stockholders for the election of Board of Directors of this corporation shall be held immediately after the signing of these Articles and at said meeting said Directors so elect ed shall elect the officers of this cor poration to serve until the second Tues day in May, A. D. 1908.
 The first annual meeting of the stock holders of this corporation shall be on TnnoIa,v .,. and annually on the second Tuesday in May of each and every year thereafter; said meetings shall be held in the City of Globe, Arizona.
 The officers of this corporation shall be a President, Vice-President, Secre- tary and Treasurer, who shall be stock holders of this corporation, and shall be elected by and from the Board of Directors, at their annual meetings, and shall hold their office for the term of l one year and until their successors are duly elected and qualified. The Board of Directors may appoint such other of | ticers and agents as the business of the corporation may require. The office of l the Secretary and the Treasurer may be held by the same person.
 ARTICLE VIII.
 The highest amount of indebtedness or liability, direct or contingent, to which this corporation at any time shall be subject, shall in no case exceed two thirds (2-3) the amount of it's capital stock.
 ARTICLE TX.