Arizona republican., 1907-02-04

l business or meTcndHuiSihs HAAb Syn
 eral trading in connection with said mining. milling and reduction busi-
 ness; and to acquire, purchase, con struct. rent, own and operate electric
 and other plants for the production
 of power and light and the necessary
 wire lines or other means of trans mission of power and light operated i for it's own use, and for the sale of such power and light tO others; to 1 construct. build, purchase. lease, own
 and operate telephone systems
 and lines; to construct. own and operate such canals, wire and oth- | CT tramways or railways to be oper- ated and run by electricity, steam or otherwise. as may lead from its prin- cipal works or place of business 10 some navigable stream or to some ex- isting railroad. turnpike or public highway; to lay out towns and town sites. and sell and dispose of lots therein and Improvements to same; to
 construct. purchase. or otherwise ac- quire. own and operate ice plants for
 the manufacture of ice for it's own business and for the purpose of sale;
 to borrow money, to make and issue
  Idebentures and obligations and other i evidences of indebtedness of every kind and description necessary or needful in the conduct of the business
 and to secure the same by mortgage. l pledge or otherwise.
 ". The capital stock of this cor p0ration shall be one Million Dollars
 Cs1, 900. .OGO). divided into one hundred
 thousand 100000 shares, of the par value of Ten Dollars Cs1O each; which stock. when issued. shall be is sued as fully paid up and nOn-assess- able. and may be issued in exchange
 for cash services or the payment of
 the purchase price of property, and
 the judgment of the directors as to the
 price paid for and the value of the property purchased shall be cOnclu-
 sive.
 V. The time of the commencement
 of this corporation shall be the date
 of the filing of a certified copy of
 these articles in the office of the
 Auditor of the Territory of Arizona.
 and this corporation shall terminate
 twenty-five (25) years thereafter, un-
 less renewed in the manner provided
 by the laws of the Territory of Ari-
 zona, now in force.
 VI. The business of this corporation
 shall be conducted by board of not
 less than three nor more than seven directors. who shall be stockholders and shall be elected annually by the
 stockholders of this corporation; the
 number of directors to serve during the next ensuing year to be determined
 at each annual meeting of the stock holders; and the officers of this cor
 poration shall be a president. vice president. secretary and treasurer, who shall be elected by the board of direc- tors: and such other officers and agents of the company as shall be nes- essary for the conduct of its business shall be selected by the board of di- rectors. in such way or manner as may be prC,ided in the bylaws; any two of the offices mentioned herein may be held by one person Any va cancies in the board of directors shall 1 be filled by the board of directors at | any regular or special meeting called ' for that purpose. and all directors shall hold office until their successors are elected and have qualified. The ' first meeting of the board of directors { for the election of officers and trans action of such other business as may | come before it. shall be held on the 1 first Monday in February. 1907, or as soon thereafter as the same can con | venienty be held at the principal of- | flee of this corporation. in Phoenix. \ Arizona. And said board shall meet | annually thereafter at said office in 4-f.. NTnnf1ar~
 in February of each year
 II VII. The first annual meeting of T. the stockholders of this corporation
 shall be held on the first Monday in February, 1907, at the principal place of business of said corporation in Phoenix, Arizona. and annually there after a meeting of the stockholders
 shall be held at said principal office on the first Monday in February of each year; notice of such meetings | shall be duly given to the stOckhold- | CTS: and until the first annual meet | ing of the stockholders after the or ganization of this corporation, Joseph J. Shaw. James H. Bennett and Will liam w. Cunningham shall constitute the board of directors.
 The directors named herein may adopt such rules. regulations and by laws for the conduct of the affairs of this corporation as they may deem wise. not inconsistent with the Jaw s of the United States. the Territory of Arizona. or these articles of incorpo-
 ration. which shall be in force until
 the first annual meeting of the
 stockholders.
 VIII The highest amount of in
 debtedness. direct or contingent. to
 which this corporation may at any . time subject itself. shall be One Hun dred Thousand Dollars (S1O0.000). TX. The private property of the of- . ficers. directors and stockholders ot this corporation shall be exempt from
 all liability. and shall in no event be liable for the debts of this corpora , tion.
 x. The stockholders may be repre-
 scented by proxy at any or all meetings
 of the stockholders, and vote upon all
 questions as though present in person
 XL The cumulative system of vot- , ing is hereby adopted and prescribed l as the system of voting at all election: \ of directors for this corporation . XII. These articles of incorporation
 may be amended at any annual meet - ing of the stockholders. or at any spe' % cial meeting of the stockholders callet
 | for that purpose, by a majority vot'