Daily Arizona silver belt. (Globe, Gila County, Ariz.) 1906-1929, 1908-04-12

of this company.

(3) In the course of its business Il
guarantee or assume the payment O,
principal, dividends or interest of OF
on any shares Of stocks or notes, bonds
or other securities of any other corpora
ton, firm or individual, whose stock
business or property shall be acquired
or controlled in whole or in part by thii
company, and to use its name and cred
it for the benefit of said corporations
firms or individuals, as may to the ma
jority Of the board of, directors seem
good.
az To cause or allow the legal title
estate or interest in any property nc,
quired, established or operated by the
company to remain or be vested OF
registered in the name Of, or operated
by, any person, firm or foreign or do.
nestle corporation formed or to be
formed, and either upon trust for, OF
as agents or nominees Of this company
or upon any other proper terms or con.
ditions which the board of directors
may consider for the benefit of this
company, and, so far as pertinent to
the property and purposes Of this COM
pany, to manage the affairs or take
over and carry on the business of such
foreign or domestic corporation, eth.
err by acquiring the shares, stocks or
other securities thereof, or otherwise
howsoever
(5) To borrow money, make, issue
and sell, pledge or otherwise dispose of
checks, drafts, bills of exchange, bonds,
debentures and other evidences of in.
debtedness of all kinds, whether Sc
cured by mortgage or otherwise, and
without limit as TO amount, but only
to carry out the purposes of the com.
pany, and to pledge or sell such bonds
or securities as well as any bonds or
other securities held by IL for any of
its purposes, on such terms and. condi
tons and at such prices as the board
of directors shall determine; to execute
trust deeds or mortgages. or both. upon
the whole or any part of the plant, per
sonal and real property, concessions,
rights, privileges, incomes, profits and
general assets then owned or thereaf-
ter to be acquired by the company,
in the absolute discretion of the board
of directors.
(6) To lend its funds and make adj
vances to any affiliated company, part.
nership, person or association upon the
security of their or his undertaking,
estate, assets and effects, or
any part thereof, upon such terms as
the board of directors shall determine
and may deem expedient.
(D To purchase, acquire and take
over as going concern or otherwise,
md to carry on, maintain and operate
al or any part of the property or bust
ness of any person, firm or corpora
lion possessed of property which can be
used for any of the pur.
poses of this company, or for carrying
IN any business which this company is
to carry on, and as the con-
'ideration for the same to pay cash
,r TO issue any stocks, debentures, bonds
,r obligations of this company, and in
with any such transaction
% assume or guarantee any liabilities
'elating to the business or property so
Jure chased, acquired or taken over, and
likewise to issue stocks for services rem
Tered to this company and stock Is
ued in payment of such property or
ervices shall be full paid stock and
rot liable to any further call or pay
nent thereon, and in the absence of
lctual fraud in the transaction, the
Judgment of the directors as TO the
value of the property purchased or
ervices rendered shall be conclusive.
(s) The corporation shall have the
,ower TO do any and all things set forth
Is its objects, 10 the same extent and
IS fully as a natural person might or
ould do, as principal, agent, contractor
" otherwise, and to carry out all or
my of the foregoing objects as prin-
ipals. agents, contractors, or other
wise and by and through trustees,
gents, sub-eontractors or otherwise,
md alone or jointly with any other
association, firm or person,
md in any part of the world, and to do
III and everything necessary or incl
lental for the accomplishment of any
f the purposes or the attainment of
my one or more of the objects herein
or incidental to the powers
Ierein named, or which shall at any
ime be necessary or incidental for
he protection or benefit of the corpora
ion.
10y Through it's board of directors,
to sell, improve, manage,
mortgage, let, dispose of, turn to ae-
cunt or otherwise deal with the whole
r any part of the property, rights and
of this company or any 9th
r similar company upon any terms, and
o form and pay the expenses of the
ormation, registration and advertising
# any company formed to purchase
he whole or any part of the enterprise
nd property, rights and liabilities of
his or any other similar company, and
f the issue of the capital stock Of
uch new company, including commits
ions for obtaining applications for or
,lacing shares thereof.
(l0) To remunerate any person or
PERSONS or corporation for services, rem
lered or to be rendered, in placing or
ssisting to place or guaranteeing the
,lacing of any Of the shares of this
n of any other company, OF in or
bout the formation or promotion of
his or of any other company or of the
onduct of its business.
(l1) The board Of directors may, by
esolution passed by majority of the
whole board, designate in the manner
provided in the bylaws two or more of
heir number to constitute an executive
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