The oasis., 1907-05-11

9f nll other kinds of mineral inuds pf profaf tles. uil Hells and 0tUnf feHl nsfHtH HHa InfDf rsis iu nuf nf said properties i0 eunHge in anI carry Yu tbn Businrls Of mining. buiflfup NDl opcrhliug stamp h1ilis, Htt mlle. cement rllI HHd tih "f hIils. smnlfHfs and fedunfiuu Wfft. tor reducing ufos ul tFrfF description. Co 4p. quife utirs t0 miuoe NHt mining pfoporflo. mills reHl rsiHte. pcvHHaI bIpprffV aud nl. pthef property ol uuy Hpd every kiud What eyer iog 1isltr and necessary fI the trHnsaofiOu ot iis business. Go work, dispose ol aud aenl iu tu' siI9' ana ID lDt product thelcti ta cHlrl ph ana t'npufi t general glerrnaudt-e bu.i. mess. and tJ Chat end to deal in ans and aI' commodities oi every kind conducive Co tue successful conduct pi eaid business. tg pur chase, hold, 0wn, c0ntfI and dcal iu tlin siar' and properties ut other rompanic. and e0rppra,iUus. tO lDCate. buy. bond acquire hold, oWn lease, possess, operate. sell. mort gage, pledge Or otherwise hypothccs te oil lands, mineral lands, timber land roal lan1 oil, gus, asphaltHm, petroleum. uruuy Of their products, asbestos. salt. water and water rights, or any and all kinds of machinery; c. own, handle and control letters patent and inventions; td build and operate railways to connect the mines and properties of the com pany with other railways; to build and operate and maintain telegraph and telephone lines, electric light plants and ice plants, tramWays, steambOats and water tIanspCrta- tlOn facilities outside of the Territory Of ArlZ0na; tO borrow money and eXecute notes bonds. mortgages CT deeds of trust to secure the same; and generally tC do all things incl. dent or necessary tO the p;oper conduct of the business of this corporation. and tu do and perform each and every act and thing which It IS lawful for natural persons To do; all of which business and occupations may be car ried on al such places a. the Board of Director. may deem for the best interests cf the corpora tiOn
 ,. The authorized amount of the capital stock of this corporation shall be Two Hundred and Fifty Thousand (S25O, O0.00) Dollars divided into Two Hundred and Fifty Thousand shares ot One Dollar ($l) each. At such time as the board of directors may by resolution direct said capital stock shall be paid into this cor poratlon, either in cash or by the sale and transfer to 1t of real and personal property. for the uses and purposes of said corporation, in payment for which shares of the capital stock of said corporation may be issued, and all ot the capital stock issued by the Company shall be fully paid up and non-assesSablc
 6. The time of the commencement of this corporation shall be the date of the filing of these Articles of Incorporation in the office Of the Auditor of the Territory oi Arizona. and tine terminati0n thereof shall be twenty-five years thereafter.
 :. The affairs of this corporation shall bc conducted by a board of five or more directors who shall be elected annually by the stock - holders Of the corporation. Uatil the first annual meeting the following persons shall constitute the Board of Directors: Robert F. McClellund. Benjamin F. Fletcher George M <. skeily. Robert Fair and r NJ Wilson.
 The Board of Directors shall have ul power to adopt snch bylaws for the government Of this corporation as to them may seem proper
 
 filled by the remaining members of the boarh <. by election fron among the stockholders.
 Within ten days after the election of any Board of Directors, they shaH meet and elect from among their number the officers of this corporation. who shall be 8 President, Vice President Secretary and Treas urer, and such other minor officers or agents as the Board of Directors may deem necessary for the best interests of the corporation. They shall hold their offices during the life of the i Board of Directors by whom they are elected but may sooner be removed by Il vote of two thirds of the board of directors
 3. The highest amount of indebtedness or liability, direct or contingent, to which this corporation shall be at any time subject, shall mot be more than One Hundred and Fifty Thousand ($l50,00000) Dollars.
 l 10. The Capital stock may be increased or decreased by the affl native vote of the ma Jorlty ot the stock then issued but ill case oi the increase of the Capital Stock, each share holder of either common or preferred shares shall have the privilege of subscribing for i such number of proposed increase as he may be entitled to, according to the number oi shares held byShm as evidenced by the records ot the company before the stock is increased. I II. The private property of the stockholders of this corporation shall be exempt from cor porate debts of any kind whatsoever
 F. Annual meetings of the stockholders shall be held at the city of Nogales, Santa Cruz county, Territory of Arizona, for the pur pose of electing directors and for such othel purposes as may be necessary and proper. | l3. These Articles of Incorporation may bt amended at any regular meeting of the stock holders or at any special meeting called fol that purpose; but notice Ot said amendment shall be given to each stockholder either per sonally or in writing at least sixty days before the date at which such amendment is to b. voted upon.
 IN WITNESS WHEREOF We have hereunto se our hands and seals this 16th day of April A. D. 1907
 tsigned) R. E. McCLELLAND, SEAL.
 SE