Daily Arizona silver belt., 1908-05-24
ARTICLE II


 tion shall be in the City of Globe, Gila County, Arizona, at which place the meetings of the stockholders and direc tors shall be held, provided that brancl offices may be established at such places, either within or without the Ter ritory of Arizona, as may, at any time, be determined by the board of directors where the meetings of the stockholders and directors may be held, and at sucl places any and all business may be transacted which may not be in conflict with the laws of the Territory of Ari. zona, or the laws of any such othel states or territories where the branch offices may be established and maintain ed.
 ARTICLE III.
 The general nature of the business proposed to be transacted by this cor poration shall be as follows, to-wit: to engage in the real estate business and in that connection to acquire by purchase, location or otherwise, real es. tate and lands of every nature or class, mines and mining claims, or any inter ests therein; to own, hold, develop, i'm prove, use, operate and otherwise deal in the same; to sell, exchange, mort gage, pledge, rent, lease, hypotheeate or otherwise dispose of the same; to | lay out townsites and to deal in and with the lands and property so laid out; I n nnfo Int 4o to otherwise acquire, real estate and mining property and to make contracts to dispose of the same; to acquire and dispose of buildings and improvements ' If all kinds and character, to lease and lot the same and to collect the rents tain such buildings and Improvements; to operate and maintain stores and to engage in the general mercantile busi. ness; to acquire, erect, operate, main tain and dispose of boarding houses, lodging houses and hotels; to acquire, construct, hold, operate, sell, lease, or otherwise dispose of, power houses, electric power plants, water pumping plants, buildings and improvements, ma chinery and equipments for the gen. eration of production of electricity and for the manufacture and production of gas, and to maintain pipe lines, and water and gas mains; to locate. buy, own, sell, lease, mortgage and bond water locations and water rights; to dig wells, erect reservoirs and other means of storing water; buy, sell, pump and distribute water; to manufae ture, rent, store, buy, sell, distribute and deal in electricity, gas, power and light and all purposes for which electricity, steam, gas or compressed air may be used; to own, operate, and dispose of telephone and telegraph lines, sewer systems, street railways and all other public utilities; to do a general banking busi- 1 ness; to borrow money and execute notes, bonds, mortgages and other evi- denees of indebtedness to secure the | same; to loan money on recognized | security; to acquire, hold, use and dis | pose of franchises; to deal in and with ! all kinds of personal property, stocks, bonds and securities; to net as the | agent, or broker, in the buying and sell l ing of real and personal property; to | engage in the abstract business and to I make and execute abstracts of title to | property; to engage in the insurance | business; and, in general, to do all acts, or things, necessary or incident to the | purposes above set forth.
 ARTICLE ". The authorized capital of this Cor poration is, and shall be. Twenty Thous- and (s20,000.00) Dollars, divided into two hundred (200) shares of the par value of One Hundred (sl00.00) Dol | lars each, and when issued shall be full | ly paid for in cash, services or property ! of an equivalent cash value, and shall | thereafter be non.assessable.
 ARTICLE V.
 The time of the commencement of this Corporation shall be the date of ! the filing of these Articles of Incor- poration with the County Recorder of Uila County, and a certified copy there of with tho Territorial Auditor; and l the term thereof shall be twenty-five | (25) years from and after said date, unless renewed for a greater length | of time.
 ARTICLE VT. The affairs of this Corporation shall l be conducted by board of not less ! than three (3), nor more than seven 1 (D, directors elected annually by and from among the stockholders of this Corporation The first annual meeting for this purpose, and for tho transae- ton of any other business which may properly come before the stockholders, shall be held on the first Thursday in May, A. D. 1908, and such annual meet ings of the stockholders shall theresf- ter be held on the same day in each succeeding year.
 The officers of this Corporation shall consist of a President, vice-Presi- dent, Secretary and Treasurer, and such other officers as may, from time to time, be provided for by the bylaws of this Corporation. The board of di- reetors shall have the power to perform all of the duties usually connected with like offices, which powers shall include the adoption of corporate seal and of bylaws for the internal management of the affairs of this Corporation; and the said board of directors shall fur ther have the power to sell, assign, transfer, convey, or otherwise dispose of all or any part of the property or assets of this Corporation, either for cash or in exchange for other property or securities on such terms and condi tions as it may deem proper and to the best interests of the stockholders.
 ARTICLE VII.
 rha h;nhnaA nr,,nnnA nf inhnht odnnao