The oasis., 1907-03-09

shogDs enc eansfu naflfe hffht bu.lhsst
 proposed t1 be transnrled by lhis Corporation
 V as follows t0.Wlt fu tue HUnubiit tf Mex
 ic0t United -tHies oi Amefiea 0f 8uy 0fhNf
 county tO engage 10 and carry 0u fhe busi
 ness 0i promotion and t8 t0udt ct and ffantHcf
 a general real estate aud mining busihess,
 with iull powers Co make contracts Co buf.
 chase, lease. bond. fOtHte Of otherwise afqutfh
 own, exchange sell or otherwise dispose of
 pledge mortgage, hyrOthecate and dcai in real estate, grants. concessions and licenses and
 any and all kinds of personal property in
 cluding bonds and shares of the rauifHl stock 0i this and other corpora tiOns, mines mining claims oil lands coal lands mineral
 lands, oil, gas, coal, shale, asphaltum, petro. leuin, asbestos, salt water and water rights
 and machinery; and to work, mine. explore
 operate and develop the same; to borrow
 money and execute notes, bonds, mortgages or
 deeds 0t trust, to secure the same, and Co exercise in respect thereof and of all shares of capital stock and other securities and obiga-
 tons any and all rights, powers and privileges Of individual owners, including the right to vote any shares of stock held by it to the same
 extent that natural person might or could do: and in general to do
 all things necessary to the proper con duct 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, or the Republic of Mexico.
 THIRD: The authorized amount of capital
 stock ofthis Corporation shall be Five Million Dollars, ($5,OoOOOo) divided into One
 Million. QO0O,ooO) shares of the par
 value of Five Dollars ($5.00) each. At such times as the Board of Directors may by resolution direct, said capital stock shall be paid into this Corporation, either in cash or by the sale concessions granted by governments, corporations or private parties, for the uses and purposes of said corporation
 in payment for which shares of the capital stock of said corporation may be issued, and the capital stock so issued shall thereupon and thereby become fully paid up and non assessable, and in the absence of actual fraud ln the transactions the judgment f the Direct
 ors as to the value of the property shall be conclusive and irrevocable.
 FOURTH The time of the commencement of this corporation shall be the date of the filing ot certified copy of these Articles of Incor- poratlOn in the office of the Territorial Auditor, and of the Recorder of Santa Cruz l County; and the termination thereof shall be twenty-five years thereafter, but the same may
 be renewed for further periods of twenty-five
 years perpetually, as provided by law. FIFTH: The affairs of this Corporation shall De conducted by Board of not less than three and not more than seven Directors and the following named shall constitute the Board of Directors until their successors are elected: c Albert John Aitkens, Henly Sell, Thomas George Lamb, Francis Heron Rogers and Isaac Thomas CThree of the Directors shall consti- 1 ute quorum), Thereafter the Board of Directors shall be elected from among the stockholders on the second Tuesday in January oi each year. Any and all vacancies occurring in the Board of Directors may be filled by the remaining members of the Board appointing others to supply such. Until their successors
 are elected the officers of said incorporation
 shall be: Henry SeH President; Isaac Thomas, Vice President; Albert J. Aitkens, secretary; Thomas G. Lamb. Treasurer Any
 two of the above offices, except those of Presi- 1 dent and Vice-President may be held by the same person. The officers of this Corporation hereafter shall be selected by the Board of Directors
 ' SIXTH: The highest amount of indebtedness
 or liability, direct or contingent, to which this corporation is at any time subject shall be , Three Millions Three Hundred Thousand Dollars (S3,@0QO0) which amount does not eXeed two thirds of the amount of the capital stock
 SEVENTH: The private property of tue stock holders of this Corporation shall be exempt from Corporate debts of any kind whatever
 EIGHTH This Corporation shall have and it hereby reserves the right to alter or amend
 any or all of the provisions of these Articles in such manner as is now or may be hereafter provided by th9 laws of Arizona
 ! INWITNEss WHEREOF we have hereunto set our hands and seals this Fourth day of Febru-
 ary, One Thousand Nine Hundred and Seven ALLEN T. BIRD, [SEALl DANE D. BIRD, [SEAL.l