The border vidette., 1908-03-07

business of the company, and the Board may transact business at any of it's offices.
 Fourth. The general nature of the business proposed to be transacted by this company is mining, converting, preparing for maket and otherwise producing and dealing in all kinds Of ores, metals and minerals, oils, gas, and coal and in the products thereof; to purchase or otherwise acquire, own, exchange, sell or otherwise dispose of, mortgage, hypothicate and deal in mines and mineral lands of all kinds, in oil. coal and timber lands, and in real work, explore, operate and develop the same; to purchase or otherwise acc uire, erect, own and operate any and all kinds of buildings, mills and plants; to own and control letters patent and inventions and shares of its own capital stock and that of other corporations, and to vote any shares of stock owned by it as any natural per- son might do; to issue bonds, notes, debentures and other evidences Of in debtedness, and secure the payment of the same by mortgage, deed of trust or otherwise, and in general to do and perform such acts and things and transact such business in connection with the foregoing business, not in consistent with law, in any part of the world, as the Board of Directors may deem necessary for the advantage of the corporation.
 Fifth. The capital stock of the cor poration shall be One Million Dollars (S1, ,000, 900 0O) divided into One Hun dred Thousand Shares GOO, 000,) of the par value of Ten Dollars ($10 00) each, which shall be fully paid for at the time of issuing the certificates therefor. All or any portion of the capital stock may be issued in payment for real or per- fAK FAr other thing of value, or any legitimate indebtedness of the company, and when so issued shall become and be fully paid, and the Directors shall be tho sole judges of the value of any prop erty, right or thing acq uired, or ser vices or indebtedness for which said stock shall be issued. All stock when issued as in this Article mentioned shall be non- -assessable.
 Sixth. The existance of this corpor- ation shall commence on the day these al tIcles are filed as req uired by law and shall continue for the full term of Twenty Five Years thereafter, with the right to perpetuate its existance in accordance with the provisions of the law under which it is organized.
 Seventh. The highest amount of in- debtedness and liability direct or con tiDgent, to which 1t shall at any time subject itself shall not exceed two thirds of it's capital stock.
 Eighth. The first annual meeting of this company shall be held on the first Monday of March, A. D., 1909, and its annual meetings shall be held there after on the first Monday of March, of each succeeding year.
 Ninth. The affairs of the Corpor- ation shall be cond ucted by Board of Directors, consisting of not less than three, nor more then seven members, who shall be stockholders, and shall be elected by the stockho elders at their annual meetings, and until the first annual meeting on the first Monday of March, A. D., 1909, the incorporators hereof, to-wit: Sidney H. Woodruff, Henry $. MacKay and William IT. Magee, shall constitute its Board of Directors. Of whom Sidney H. Wood ruff shall be President: Henry s. Mac Kay Treasurer and William H. Magee Secretary.
 Tenth. The Directors shall have power to adopt, amend and rescind by laws; to fill vacancies occurring from any cause. and to appoint all employees necessary for the transaction of the business of the comp panY.
 Eleventh The private property of the stock hold CTS shall be forever ex- emDt from it's debts and obligations.
 Twelfth The officers of this com pany shall be a President, Treasurer and Secretary.
 In witness whereof we have hereto set our hands and seals this 27th day of February A. D., 1908.
 Witness Present.: Eb. Williams.
 SIDNEY 1T. WOODRUFF, (SeaD
 HENRY s. MACKAY, (SeaO
 WILLIAM H. MAGEE, (SeaD