Arizona republican., 1908-08-10

ditDlStS Ol lIe OUlltu states or Mexico or any political subdivision of said countries, any county or munich pal corporation therein, and any other foreign country; to acquire, buy, sell. possess, enjoy, hold, construct, main. tain and operate telephone and tele- graph lines; to construct, acquire, buy, sell, own, lease, possess, enjoy, main tain and operate railroads, tramways. wagon roads, turn bikes and canals between it's works and places of busi- ness and otherwise;
 To acquire and manufacture all structures, buildings, devices and ma chinery deemed necessary by the board of directors for conducting the busi- ness of said corporation:
 To acquire lands for the use of said corporations; to buy, sell, lease, hold, possess, enjoy and dispose of all kinds of property whether real, personal or mixed; to acquire by location or any other lawful manner all kinds of prop erty; to lay out and locate townsites on land acquired by the corporation and to dedicate to public uses any DOT tion thereof; to conduct a general mercantile business, to manufacture, make, buy. acquire, sell, own use, hold, and otherwise trade in and deal in goods, wares and merchandise of every kind and character, particularly chem icals, acids. explosives and compounds of every sort useful in carrying on the business of this corporation;
 To make contracts; to borrow and loan money and secure the same by mortgages, deed -of-trust or otherwise;
 To issue bonds and debentures to any amount authorized by law for the purpose of securing funds for corpo- rate purposes, and tO secure the pay ment of the same by pledges, deeds of trust or mortgages of or upon the whole or any part of the property, real or personal of the corporation, and to sell or pledge such bonds or debentures for corporate purposes, as and when the board of directors shall determine. but nothing herein is to be construed as intended to form a bank ing company, q trust company, a say ings bank. or a corporation intended, as part of its business, to derive profit from the loan and use of money;
 To purchase, exchange, or otherwise acquire, possess, enjoy. sell, assign, transfer, mortgage, pledge or other wise dispose of shares of the capital stock, bonds, bills, notes and any and all other evidences of indebtedness created by any and all corporations, both private and municipal and while the holder thereof to exercise all the rights and privileges of ownership, in- cluding the right to vote thereon;
 To acquire any good will, rights, property and assets of all kinds, and to undertake the whole or any part of the liabilities of any person, firm. assOcia- tion, company or corporation, and to pay for the same in cash, stock, bonds or other securities of the corporation or otherwise;
 To become a member of any part nership or any party to any lawful agreement for sharing profits, or to any union of interests, agreement for reciprocal concessions, joint adventure or cooperation, or mutual trade agreement, with any person, firm, com pany or corporation that is carrying on or engaged in, or that is about to carry on or engage in, any business which this corporation is authorized to carry on. or that is conducting or transactng any business capable of being conducted so as directly or in directly to benefit this corporation;
 To remunerate any person. firm or corporation for services rendered or to be rendered in selling. pledging or guaranteeing the disposal of any of the shares of the capital stock of the ,e curities of the company that may from time to time be issued;
 To do all and everything necessary, suitable, convenient or proper for the accomplishment of any of the purposes or the attainment of any one or more of the objects herein enumerated, or incidental to the powers herein named, or which at any time shall appear con- ducive or eXpedient for the protection or benefit of the corporation, either as a holder of or interested in any property or otherwise;
 To do any and all kinds of business which private persons might or could do; to do and perform any and all 1 acts not inconsistent with the laws of the United States or of said territory of Arizona; to own, control and en- gage in any other business permitted by law; to do all things incidental to the purposes aforesaid or connected herewith;
 But in no event shall any power herein enumerated be construed to deny any right or power which might or could be exercised by said corpora tion.
 ARTICLE III. The amount of the capital stock of said corporation shall be one million dollars (s1 ,000, ,00000) to be divided into ten thousand Q0,- 000) shares of the par value of one hundred dollars (S1OO.OO) each.
 At such times as the board of direc- tors may by resolution direct, the capital stock of said corporation shall be paid into this corporation, either in cash or by the sale and transfer to it of property for the uses and purposes of said corporation, and in payment therefor shares of stock of this cor portation, which shall or may be issued shall. immediately upon the issuance therof, become and be fully paid up and forever non-assessable; and in the