The border vidette., 1907-04-06

of other corporations, and also bonds, debent-
urss. bills, promissory notes. mortgages and
pledges of either corporations, partnerships and
persons; to borrow or loan money, to give and
take mortgages; manufacture electricity,
obtain rights of way, erect poles, string wires.
and buy sell electricity; also to bargain and
agree for, buy sell. mortgage. hypothecate, and
in any and very way and manner deal in and
with goods, wares and merchandise, real
estate mines and mining machinery. chooses in
action, and other property in possession or in
action IN expectancy, and to make, do and
transact all and every kind of business of what
nature and kind soever; to sign, seal, execute,
deliver and acknowledge such deeds. covenants.
indentures, agreements, mortgages, hypothec-
ations bottomries charter parties bills of lading
bile, bonds. notes, receipts, evidences of debt,
releases and satisfaction of mortgages, judge
ments and other debts, and such other instru-
ments in writing of whatever XII nd and nature
may be necessary convenient or proper in
the premises; to buy, procure, hold, own sell,
let. lease, demise, mortgage, construct, equip,
maintain and operate railroads, ferries, tram
ways, stage lines, and any and all other means
of transportation, including equipments there
of and therefor for mining for any other
lawful purposes; to build, make, cons
truct, manufacture. repair, buy, SELL lease
mortgage, own, maintain and operate all
kinds of boats, barges, steamships, sailing
vessels and all kinds of water craft and any
and all things incident thereto; to acquire,
locate, manufacture, procure construct, Duy
hold own sell let, lease demise. mortgage, main
tain. operate, develop, distribute transmit and
furnish both for itself and others, water rights
water power electric lights, electric light plants
electric power, steam power and any and all
other kinds of power for any and all lawful
uses and purposes; to treat, smelt, matte, mill
stamp and reduce ores minerals, metals, bull
lion and concen; rates of every kind, nature
and description; to erect. construct. maintain,
operate buy, hold, own, sell, dispose of, let,
lease, demise and mortgage mills, smelters
concentrators and any and all kinds of ma
chinery and to repair the same, and all part
and appliances incident necessary per
tanning thereto: to engage in the business of
inspectiI 6, examining exporting and reporting
upon mines and mineral lands of every kind
and nature for itself others, and to buy,
own, sell and deal in assayers supplies of all
kinds; to own handle and control letters
patent and inventions; to do a general real
estate and mercantile business, and for that
purpose may carry in stock such articles the
Board of Directors may deem necessary or ex-
pedient; to buy, own, contract for, feed or sell
or otherwise dispose of CATTLE and to do and
carry all things pertaining to the cattle
business; to do and perform each, every and all
matters and things necessary or expedient or
proper to carry out the purposes, businesses or
acts for which individuals may lawfully as
seciate themselves together to perform. and to
do and perform each and every act and thing
which it is lawful for natural persons to do;
all of which business may be carried on at
such place places the Board of Directors
shall deem to be for the best interests of the
corporation
The time of the commencement of this cor
poration shall be the day of the filing of its
Articles of Incorporation in the office of the
County Recorder of Santa Cruz county, Arizona, |
and a certified copy thereof in the office of the
Auditor for the Territory of Arizona, and the |
thereof shall be twenty-five wears |
thereafter, unless the same be dissolved or be |
renewed prior to that time by a majority vote |
of it's members or by operation of law.
".
The amount of the capital stock of this cor
poration shall be Five Million (5OoO,OOO Dol
lars, diyided into One Million 100000 shares |
Of the par value of Five Dollars SO each, TO be
paid for at such time and in such manner as
the Board of Directors shall determine. and |
said stock when issued, sha be fully paid and |
shall be non aesessible. The capital stock may
be increased decreased by the affirmative
vote of a majority of the stockholders; but in
case of the increase of the capital stock, each
shareholder shall have the privilege of subs
cribing for such number of shares of the
proposed increase, as Ire may be entitled to &C
,ording to the number of shares owned by him
before the stock is increased
v.
The highest amount of Indebtedness
liability to which this corporation is at any
Of Two Million 100000 Dollars; and the
private property of the stockholders of this
corporation shall be exempt from the payment
Of it's corporate bebts.
The Business affairs of this corporation shall |
be conducted by Board of Directors, consist
ing of not less than three-S-nor more than
each of whom shall be
and whenever any director ceases
to be a stakeholder he shall at the same time
cease to be director. The directors shall be
elected by the stockholders at Their regular an
nua meeting and shall hold their office until |
their successors are elected and qualified, The |
first annual meeting of the stockholders shall !
be held the first Monday of February, 1903, |
and until such first annual meeting, the Board |
Of Directors of this corporation shall consist of
the incorporators whose names are hereto subs
cribed. Annual meetings of the stockholders |
shall thereafter be held on the first Monday of |
in each year.