The Winslow mail., 1908-10-10

maintained at such other places within
or without the Territory of Arizona as
the Board of Directors may designate,
at which said offices or either of them
meetings of the Board of Directors and
Stockholders may be held.
"
The general nature of the business to
be transacted and the objects and pur-
poses for which said Corporation is
formed, are: "Io make contracts; to
purchase, lease, bond, locate, prospect,
or otherwise acquire, own, exchange,
sell or otherwise dispose of, pledge,
mortgage, hypOthecate, and deal III any
and all kinds of real and personal pro-
perty, including bonds and shares of
the capital stock of its own and other
corporations, mines, claims, mining
claims, oil lands, coal lands, mineral
lands, oil, gas, coal, shale, asphaltum,
petroleum, asbestos, salt, water and
water rights, machinery and to work,
mine, explore, develop, operate and
exploit the same;
80 build, own and operate iron fur
naces, mills, smelters, reduction works,
refnerles, or other manufacturing
works that may be necessary for the
purpose of carrying on such business
as this corporation may become engag-
ed in, under this charter;
"To buy, sell, own, aid acquire by
purchase, lease or otherwise, or use,
lands, construct wells, tunnels, shafts,
storage tanks, reservoirs, bitches and
pipe lines, water or irrigation systems,
or plants;
30 buy, sell, own and acquire by
purchase or otherw Sc, lands for town
sites or real estate of any character,
and to plat and sub-divide the same in
to town-lots, and sell, bond or lease the
same;
"To do a general real estate, manu-
featuring and mercantile business;
go own, handle, and control letters
patent and shares of its own capital
stock and that of other corporations,
and to vote stock owned by it the same
as a natural person might do;
"To issue bonds, notes, debentures
and other evidences of Indebtedness
and to secure the payment by mortgage,
deed of trust, or otherwise;
$40 borrow and loan money;
"To build, construct, lease, maintain
and operate commissary stores and
ware houses;
"To construct, prepare, maintain,
opeI ate, sell, mortgage, and lease any
railway, tramway, turnpike, tunnel,
canal, bridge, or highway whatsoever;
"To build, own, operate and maintain
private roads and highways;
"To do anything and everything
necessary, suitable, convenient and
proper for the accomplishment OF the
general or Incidental purposes afore-
said, or the attainment of any one or
more of the objects or purposes herein
enumerated or incidental to anything
herein contained or which shall at any
time appear advisable or eXpedlent for
the protection or benefit of the cor
poration, either as holder of or interest
ed in any property or otherwise.
V.
The amount of capital stock of this
Corporation shall be seven hundred
and fifty thousand Dollars, divided in
to seven hundred and fifty thousand
shares of capital stock at the par value
of one ($l OO) Dollar each, which shall
be paid In, at such times as the Board
of Directors may designate, in cash,
real or personal property, contracts,
services, or other valuable right CT
thing, for the uses and purposes of the
Corporation, and all shares of capital
stock shall, when issued in exchange
thereafter, thereupon and thereby be-
come and be full paid and nor-assessa-
BILE forever, and the judgment of the
Board of Directors as to the value of any
prope rty, right or thing acquired in
exchange for capital stock shall be con-
elusive.
VI
The Corporation shall commence at
the date of the signing of these Articles