The oasis., 1907-03-02

proposed Co be tfansacted by tltis Corporation "a ns follows tUiwit fH the Eepublic of Mex ic0, thited states of America. or any other county, to engage in and carry on Che bust ness 0f promotion and tOc0ndtet and transact a general real estate and mining business, with full powers tu make contracts. to puf. chase, lease, bond, locate or otherwise acquire, own, exchange, sell or otherwise dispose of. estate, grants. concessions and licenses, and any md all kinds of personal property, in clnding bonds and shares of the capital stock of this and other corporations, mines mining claims, oil lands, coal lands, mineral lands oil, gas, coal, shale asphatum, petro- leum, asbestos, salt, water and water rights and machinery; and to work, mine, explore operate and develop the same; to borrow money and execute notes, bonds, mortgages OY deeds of trust, tO secure the same, and to exercise in respect thereof, and of all shares of capital stock and other securities and obliga- tons any and all rights, powers and privileges of individual owners, including the right to vote any shares of stock held by 1t to the same extent that natural person might or could do: and in general to do all things necessary to the proper con duet of the business of this Corporation in the Territory, and elsewhere, not inconsistent with the laws of the United States and the Territory of Arizona, or the Republic of Mexico.
 THIHn: The authorized amount Of capital
 
 Dollars, ts5.OO0.0OO) divided into One Million Q,00000o) shares of the par value of Five Dollars (S5.00) each. At such times as the Board of Directors may by resolution direct, said capital stock shall be paid into this Corporation, either in cash or by the sale or transfer to it, of real and personal property, granted by uses and purposes of said corporation in payment for which shares of the capital stock of said corporation may be issued, and the capital stock so issued shall thereupon and thereby become fully paid up and non assessable, and in the absence of actual fraud in the transactions the judgment the Direct ors as to the value. of the property shall be conclusive and irfevocabie.
 FOURTH: The time of the commencement of this corporation shall be the date of the filing of certified copy of these Articles of lncor poratlon in the office of the Territorial County; and the termination thereof shall be twenty live years thereafter, but the same may be renewed for further periods of twenty i've years, perpetually, as provided by law. FIFTH The affairs of this Corporation shall be 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, Henry Sell Thomas George Lamb, Francis Heron Rogers and Isaac Thomas. CThree of the Directors shall eonsti- tnte qu0rum). Thereafter the Board of Directors shall be elected from among the stockholders on the second Tuesday in January i ct each year. Any aud all vacancies occurring 1 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 oi said ineorporation 1 shall be- Henry Sell, President; Isaac l Thomas, VieelPfesident; Albert J. Aitkens, ] Secretary; Thomas q. Lamb, Treasurer Any twoUfthe above offices except those of Presi- dent and Vice-President may be held by the I same person. The officers of this Cornoration hereafter shall be selected by the Board of 1 Directors.
 ] SIXTH: The highest amount of indebtedness orliability, direct or contingent, to which this { corporation is at any time subject shall be Three Millions Three Hundred Thousand Dollars .0O0) which amount does not exeed two thirds ofthe amount of the capital ! stock. t ftt .'t
 SEVENTH: The private property of the stock holders of this Corporation shall be exem pt from Corporate debts of any kind whatever. EIGHTH: This Corporation shall have and ii 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 sci our hands and seals this Fourth day of Febru ary, One Thousand Nine Hundred and Seven
 ALLEN T. BIRD, SEAL
 DANE D. BIRD, [SEAL.l