Daily Arizona silver belt., 1907-05-17

about the formation or promotion of the company or in the conduct of it's busi- ness.
 To use and apply the surplus earn. ings of the corporation, or it's accumu. lated profits authorized by law to be reserved, to the purchase of, or invest ment in, it's own stock in payment or satisfaction of indebtedness to the cor poration, and to reissue and sell any of the stock so purchased or acquired, to such extent, in such manner, and on such terms, as the Board of Directors of the corporation shall determine, it being provided, however, that stock shall not be declarable in dividends, unless majority in interest of the stockholders so determine; but the cap ital stock of the company shall not be decreased, except as provided by the laws of Maine.
 To apply for, purchase or otherwise acquire, and to hold, use, own, operate and rent, sell, assign or otherwise deal in any trade marks, trade names, copy rights, patents, inventions, improve ments and processes used in connection with or secured under Letters Patent of the United States or elsewhere or other wise, and to use, exercise, develop, grant licenses in respect thereto, and otherwise turn to account any such trademarks, trade names, copyrights, patents, licenses, processes and the like, or any such property or rights; and with view to the working and devel- opment of the same, to carry on any business which is necessary or inciden- tai thereto.
 The company may from time to time conduct any of its corporate business in any of the states, territories, colonies or dependencies of the United States and in any and all foreign countries, have one or more officers therein, and therein to hold, purchase, mortgage, and convey real and personal property nee essary or incidental to carry out the purposes of this corporations; provided, however, that nothing herein contained shall be construed to authorize the cor. poratiou to transact business in any other state, territory or foreign country contrary to the provisions of the laws of such state, territory or foreign eoun. try.
 In carrying on its business, or for the purpose of attaining or furthering any of its objects, to do any and all other acts and things, and to exercise any and all other powers which co-part- nership or natural person could do or exercise, and which now or hereafter may be authorized under the provisions of the general laws of the State of Maine appertaining to corporations.
 Provided, however, that the follow ing corporate purposes shall be exer- cised only in states and jurisdictions other than Maine, namely, the construe- tion and operation of railroads, or aid. ing in the construction thereof, tele- graph or telephone companies, and gas or electrical companies, and such busi. nesses are to be carried on only in states and jurisdictions when and where permissible under the laws thereof.
 
 To purchase, holt, and reissue the shares of its own capital stock.
 The amount of capital stock is One million, five hundred thousand dollars (si ,500,000).
 The amount of common stock is One million, five hundred thousand dollars (sl, l,500,0O0).
 The amount of preferred stock is nothing. The amount of capital stock already paid in is nothing. The par value of the shares is One Dollar ($l.00).
 The names and residences of the owners of said shares are as follows:
 No. of Shares Names. Residences. Common Albert F. Knowlton, Boston, Mass. 5 Harold P. Knowlton, Maiden, Mass. 5 Joseph w. Hawes, Kittery, Maine. 5 o. Sumner Paul, Kittery, Maine , Albert H. Peavey, Kittery, Maine. 5 Stock not suhseribe for 1QQ Q-E