Daily Arizona silver belt., 1907-05-18

s---- about the formation or promotion of the company or in the conduct of its 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 Tor 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 determihe; 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 ineiden- 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 corporation; provided however, that nothing herein contained shall be construed to authorize the cor poration to transact business in any other state, territory or foreign country contrary to the provisions of the laws of such state, territory or foreign coun try.
 In carrying on its business, or for ths purpose of attaining or furthering any of its objects, to do any and all other
 acts and things, and to exercise an.
 and all other powers which co-part
 nership or natural person could do ol
 exercise, and which now or hereafte
 may be authorized under tho provision
 of the general laws of the State o
 Maine appertaining to corporations.
 Provided, however, that the follow
 ing corporate purposes shall be exer
 cised only in states and jurisdiction
 other than Maine, namely, the construc
 ton and operation of railroads, or aid
 ing in the construction thereof, tele
 graph or telephone companies, and ga
 or electrical companies, and such busi nesses are to be carried on only i states and jurisdictions when and wher , permissible under the laws thereof. To purchase, holG and reissue tn shares of its own capital stock. l The amount of capital stock is On !. million, five hundred thousand dollar (sl ,5OO,OOO).
 The amount of common stock is On million, five hundred thousand dollar
 ($l l,500,0O0).
 l, The amount of preferred stock , nothing. The amount of capital stoe r already paid in is nothing. The pa , value of the shares is One Dolla 3 (sl00).
 l The names and residences of th 7 owners of said shares are as follows: n No. of Share n Names. Residences. Commo r Albert E. Knowlton, Boston, Mass. 5 Harold P Knowlton, Maiden, Mass. 1. Joseph W. Hawes, Kittery, Maine-..... l O. Sumner Paul, Kittery, Maine..-.....
 Albert H. Peavey, Kittery, Maine. F Stock not subscribed for............1 ,499, ,97 iotai .---.- ''VV,VV