The border vidette., 1907-01-12


 all to the same extent and the same manner that natural person might could do
 To purchase. lease. bond locate 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 to work mine. explore operate aud develop the same; to do a general real estate. manufactUring and mercan- tile business; to OVID. handle and control lotters patent and inventions and shurcs of capital stock of other corporations; to borrow money anl execute notes. bonds. mortgages or deeds of trust to secure the same. an to exercise n respect to all such bonds. mortgage notes shares of capital stock and ether securities and obligations any and all rights. powers and privileges and individual owners thereof. in cluding the right to vote upon any shares of stock held by it to the same extent that natural person might could do; and in gen eral to do all things necessary to the proper conc uct of the business of this corporation in the Republic of Mexico in the Territory of Arizona or elsewhere. also to lease or own and operate shelter smelters or etEer plants for the reduction of ores and to lease or own and operate telephone and telegraph lines. Article amount of the capital stock of said corporation is S5.O00.00. and the number of shares into which It is divided is 5000 of the par value of SI. .0) per share.
 
 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 tion. and shares of said capital stock may then be issued and said shares so issued shall there upon and thereby be and become forever fully paid up and in the absence of actual fraud the judgment of the Board of Directors to the value of such property purchased or services rendered to the corporation tor shares of stock in said corporation shall be forever conclusive. shares Of stock may be issued for services rendered to said corporation either in it's creation or for other services and such stock shall stand upon the same footing as 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 as fully paid said stock shall be deemed fully paid. and the holder or holders thereof shalf 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
  and the termination thereof shall be twenty five wears from said date. unless renewed or extended pursuant to the laws of said Terri tory of Arizona.
 Article z. The Affairs of this corporation shall be conducted by a board of seven or more directors. a majority of whom being present and acting may proceed with authority. and their acts shall be binding if all were pr 1:GIt.I 1e relieving n med persons Will constitute said Board of Directors until their successors shall be duly elected.
 Albert M Conard of Nogales, Arizona.
 William R. Moore of Kansas City. Missouri.
 Edward D. Ellison oi Kansas city. Missouri J. NJ. Lowe of Kansas City, Missouri.
 Robert S. 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 the bylaws of the corporation may provide. and the vote Of any stockholder may be cast ln person or by written proxy. which written proxy when once executed shall continue in force until revoked in writing. and such revocation filed with the secretary of the corporation.
 Article 8. This corporation shal never create any indebtedness against itself 1n an amount exceeding $25oO.Oo 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 character. and shares of stock in th1s corpora tion shall be forever non-assessible.
 Article TO- The directors hereof by Iesolu- tiJn may provide such officers. agents. repres- entatIves. employees. or servants the needs of the corporation may demand. and compensa- 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 hereunto set 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. F. Kroh.
 I M Lowe