The Coconino sun., 1908-08-21

This company shall keep princip pal ofice in the town of Prescott in the county of Yavnpai Territory of Arizona. md may keep other prin ciDal offices and plaecs Of business at such other places as.the Board Of Directors may es- tablish, and at such place or places incorpora- tors stockholders and directors meetings may be held and all corporate business may be transacted.
 ARTICLE III
 The amount Of capital stock Of this corpora ton shall be one million (sl.OO0OO1) dollars divided into one million shares of the par value of one SO0 00 dollar each, and said capital stock shall be paid up at the date of it's issu> ance, or at such time aS the Boald of Directors may designate, in money property, labor or any other valuable right or thing and the judgement of the Board of directors or managing officers as to the value thereof shall be conclusive thereof.
 ARTICLEIv. The general nature of the business in which the incorporators shall engage is tto develop ment exploration. exploitation ana operation Of mines and mining properties the milling. smelling and reducing and treating by the op- eration of any and all kinds Of plants and pro- cesses Of all kinds Of mineral bearing rock or ore, the generation, transmission and utiliza- tion Of any and all kinds Of, and for any and all purposes, electric power, and In furtherance of It's general purposes and powers thss cor poration shall have power to acquire, dispose Of and otherwise deal with any and all kinds Of property; to do any and all acts and things and Co engage in any and every lawful business not prohibited by the law of the Territory of Ari- zona or the United States Of America, in any part of the world, as in the judgement Of the Board of Directors may be deemed necessary proper or expedient, having and excersing the same rights and privileges as private indiyi- duals now enjoy.
 ARTICLE The existence of this corporation shall com mence on the day when these articles are filed in the offiee of the County Recorder Of Coconino County, Arizona Territory, and a certified copy thereof filed with the Territorial Auditor Of Arizona and shall terminate twenty live ts5 years thereafter, but this charter may be re- newed from time to time, as now provided by law, or as may be hereafter provided by law, so as to make the same perpetual. AR. .ICLE VI
 The highest amount Of indebtedness to which this corporation shall at any time subject itself is Five hundred thousand ts50O,00O) dollars which may be in such form and secured in such manner as the Board Of Directors ma, deter mine
 ARTICLE VII.
 The private property of the stockholders of this corporation shall be and k hereby made forever exempt from any and all liabilities for it's debts or obligations.
 ARTICLE VIII
 The capital stock Of this corporation shall be and is hereby made forever non-assessable by this corporation for any purpose.
 ARTICLE TX. The affairs Of this corporation shall be con- ducted by Board of seven Directors who shall be elected from among the stockholders at the annual stock aolders meeting, which shall be held at the principal office Of the corporation on the third Tuesday in December in each year Said Directors shallhold ofise for one year or until their successors are elected and quail fled and said Board shall have power to all va cances in it's own membership and to make and establish bylaws, rules and regulations for the government Of the corporation and the management of it's affairs Until the first an uual meeting of the stockholders, or until their successors are elected and qualified, the follow ing persons shall constitute the Board of Di- rectors Of this corparation
 R. H. Cameron, A. W. Davis, F. A. Wing. r. M Ward, Byron smith, J. A. Carter and T. F. Pulliam.
 ARTICLE X.