The border vidette., 1908-08-15

place of business of said corporation outside of the Territory of Arizona shall be the City of Kansas City, County of Jackson. State of Mis- souri, in the United States of America at which place meetings of the Board of Directors may be held and it may establish and maintain such other branch offices either within or with the Territory of Arizona the Board of Directors may order. At such office in Kansas City. Mis- souri, the first and subsequent meetings of the Board of Directors may be held and all its corporate business transacted. not inconsistent with the laws of the Territory of Arizona The first meeting of the stockholders shall be held in the City of Negales, Arizona, well all subsequent meetings, unless otherwise ordered
 ARTICLE III.
 The general nature of the business proposed to be transacted by this corporation is as fol- lows to-wit: To buy, own, bCild erect, maintain uperata, smelters of every kind and to erect. maintain, operate, and stamp mills and reduction works of every description whatsO- ever for the purpose of smeiting and treating ores Of all kinds and description; to acquire, hold plant into city and town lots, sell. lease, buy and mortgage real estate and mlll property; to work. operate, buy, sell, lease, locate, ac- quire, hold and deal in mines, metals. mineral and placer claims, miaing and water locations and water power of every kind and description. to build, erect, maintain and keep in repair water dams across streams so as to back water and to build, erect and maintain, lease and sell.
 
 storage of water; sell and supply water for all purposes of mining, agriculture or other pur- pose; to buy, bond, sell, bulld operate ana conGuct ferries, tramways and other means Of transportation of goods, merchandise. timber, lumber, ore, mining machinery and other ma terials incident and appertaining to the buSi- ness of the Company; to maintain operate electric light and power plants for the purpose of furnishing and leasing electric and water power for all purposes; to acquire lease and operate water rights and fumes for the pur- pose of mining and treating ore and reducing ore, and operating machinery, transporting lum ber timber goods, and merchandise in con- nection with the business of the Company; to and manage saw and flour mills; to buy and sell timber. lumber and merchandise and to carry and do general mercantile busi- ness; to buy, own sell and deal in stock of other corporations; to borrow money and execute notes or other evidences of indebtedness and secure the same by bond or otherwise on the property of the Company and upon all contract rig hts of the Company ard to the same extent and the same manner that natural person might could do.
 To purchase. lease, bond, locate otherwise quire, own exchange sell or otherwise dis pose of, pledge. mortgage, hypothecate, and deal in real estate an all kinds of personal property, mines mining claims, oil lands, min- eral lands, oil, gas, asphaltum. petroleum water and water rights and machinery, and to work, mine, explore, operate and deveope the same; to do d general real estate manufacturlng and mercantile business; to own, handle, control letters patent and inventions ant chares of ca pitol stock of other corporations; to borrow money and execute bonds, mortgages or deeds of trust to secure the same and 60 exercise in respect to all such bonds. mortgage notes, shares of capitol stock and other securities and obligations, and any and all rights, powers and privileges of individual owners thereof, in cluding the right to vote upon any share of haII hy in, a natural person might or could do; and in gen eral to do all things necessary to the proper conduct of the business of this corporation in the RepubI of Mexico or in the Territory of Arizona or elsewhere; also tu lease or own and operate a smeIter or smelters other plants for tine reduction of ore and t." lease or own and to operate telephone and telegraph lines. ARTICLE ".
 The amount of the capitol stock of the suid corporation is Three Million CSI.OGO.GD) Dol lars and number of shares into which it is divided is Three Hundred Thousand GA0.G0O of the par value of Ten (SlCO)) Dollars per share. "
 At surh times as the Board of Directors by | resolution direct. the capitol stock shall be may be made either in cash or by the sale and | transfer to it of property of any Xiii for the uses and purposes of said corporation and | shares of said capitol stock may then be issued and said shares so issued shall thereupOn and 1 thereby be and become forever fully paid up ] and in the absence of actual fraud the judg- l ment of the Board of Directors to the va ua of such pl loperty purch %sed services ien Ter