The oasis., 1907-02-23

holders aad Directors may bo hold. .baso h01etf mal vote by proxy at nll general mtef iugs oi ihe Corporations
 4h0Nb. Tto general nature of Che bpslte.s pf1pnse1 t0 be ifantacfcd by fhis C0fr0fHtfnu
 as loiloWs tn-Wit ln tnn Republic of Mex. 'vf lHlieN riate. of America. or any other rouItff t0 engage in and carry On the b0ai. ness o promotion and ttcoudt ct and ffeneoot Q general foal estHte and mining businpse Wlih lull powers Go make cotJGrtf. Co nur- chase, icHeet bond. locate or Othert. i4l aD,uir. own, exchange. soil or otherwise dIfp6soof piedRc mortgage. hypOthccatc and deaf In reai etlhte, gthis, e0ntessions and licenses, and any aHd al kinds Of personal property. iu. tlhtuhE bonds and shares gf the capifnl stOoF oi this and other corporations, mines mining claims oil lands coal lands piupref :ands oll gas, coal, shaie, asphalGum, pefro- leuln, asbestos, salt water and water righfs ana machinery; and to work, mine explore operate ana develop the same; to bdrroty money and execute notes, bonds mortgages or deeds Of trust to secure the same ond "a exercise li respect thereof, and of all shares of capital stock and other securities and oblipa tlons any and all rights, powers and privileges or individual owners including the right to vote any shares Of stock held by it tO the same extent that natural person nigbt or, could do and in general to do all things necessary to the proper con Tuct r QI the business of this Corporation in the Territory and elsewhere, not inconsistent with the laws of the United States and the Ierrltory of Arizona, or the Republic of Mexico. V
 THIRD: The authorized amount of cani+sl stock ofthis Corporation shall be Five Million Dollars, ($50OO000) divided into One Million Q,OO00O0) shares of the par value of Five Dollars ($5O0) each At such tin,es as the Board of Directors may by resolutio1s direct, said capital stock shali be paid into this Corporation, either in cash or by the sale or transfer to IL, oi real and personal property, corporations or private parties, for the uses and purposes of said corporation m payment f i for which shares of the capital the capital stock so issued shaII thereunon and thereby become fully paid up and non assessable, and in the absence of actual fraIrd m the transactions the judgment cf the Direct ors as to the value of the proper1v shall be conclusive and irrevocable.
 FOURTH: The time of the commencement of this corporation shall be the date of the fling of certified copy of these Articles of IneoT3 poratl0n ln the office of the Territoriel Auditor, and of the Recorder of Santa Crng Countyi and the termination thereof shall ba ttwenly,nVe years thereafter, but the same may be renewed for further periods of twenty.ive years, perpetually, as provided by law.
 FIFTH: The affairs of this Corporation shall pc 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:
 Albert John Aitkens, Hemy Sell. Thomas George Lamb, Francis Heron Rogers and Isaao Thomas (Three of the Directors shall consti- ute quOrum). Thereafter the Board of Directors shall be elected from among the slOckHoluefs OH the second Tuesday in January of 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 incorporatior. shall be: Henry Sell, President Isaac Thomas, Vice President; Albert j. Aitkens Secretary; Thomas q. Lamb Treasurer. Anr two of the above offices. except those of Presj- dent and Nice-President may be held by the same person. The officers of this Cornoration | 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 (S330O000) which amount does not exceed two thirds of the amount of the capital stock
 SEVENTH: The private property of the stock holders of this Corporation shall be exempt from Corporate debts of any kind whatever EIGHTH This Corporation shall have and ie 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
 IN WITNESS WHEREOF we have hereunto set our hands and seals this Fourth day of Febru. ary One Thousand Nine Hundred and Seven ALLEN T. BIRD, [SEAL.1
 DANE D. BIRD fSEAL.1