The Winslow mail., 1908-10-24

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 then
meetings of the Board of Directors and
Stockholders may be held.
".
The general nature of the business tC
be transacted and the objects aud pur
poses for which said Corporation is
formed, are: ''Io make contracts; tC
purchase lease, bond, locate, prospect
or otherwise acquire, own, exchange
sell or otherwise dispose of, pledge
mortgage, hypOthecate, and deal in any
and all kinds Of real and pers onal pro
perty, inc uding bonds and shares o.
the capital stock of its own and othel
corporations, mines, claims, mining
claims, oil lands, coal lands, minera
lands, oil, gas, coal, shale, asphaltum
petroleum., asbestos, salt, water anC
water rights, machinery and to work
mine, explore, develop, operate anC
exploit the same;
80 build, own and operate iron fur
naces, mills, smelters, reduction works
rehneries, or other manufacturin.
works that may be necessary for the
purpose of carrying on such business
as this corporation may become engag
ed in, under this charter;
40 buy, sell, own, aud acquire by
purchase, lease or otherwise, or use
lands, construct wells, tunnels, shafts
storage tanks, reservoirs, bitches anC
pipe lines, water or irrigation systems
or plants;
''To 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;
"To own, handle, and control letters
patent and shares of its own capita
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, debenture'
and other evidences of Indebtedness
and to secure the payment by mortgage
deed of trust, or otherwise;
80 borrow and loan money;
$40 build, construct, lease, maintain
and operate commissary stores anC
ware houses;
"To construct, prepare, maintain
operate, sell, mortgage, and lease any
railway, tramway, turnpike, tunnel
canal, bridge, OF highway whatsoever;
"To build, own, operate and maintain
private roads and highways;
"To do anything and everything
necessary, suitable, convenient anC
20 ha nj . N mant of fhE
general or Incidental purposes afOre
said, or the attainment of any one ol
more of the objects or purposes herelI
enumerated or incidental to anything
herein contained or which shall at any
time appear advisable or eXpedlent fol
the protection or benefit of the cor
poration, either as holder of or interest
ed in any property or otherwise.
V.
The amount of capital stock of this
Corporation shall be seven hundred
and fifty thousand Dollars, divided III
to seven hundred and fifty Thousand
shares of capital stock at the par value
of one ($l 0U) Dollar each, which shal
be paid III, at such times as the Boarf
of Directors may designate, in cash
real or personal property, contracts
services, or other valuable right Cl
thing, for the uses and purposes of tht
CORPORATION, and all shares of capita
stock shall, when issued in exchange
thereafte er, thereupon and thereby be
come and oe full paid and non-assessa
BILE forever, and the judgment of the
Board of Directors as to the value of any
prope rty, right or thing acquired il
exchange for capital stock shall be con
elusive.
vi
The Corporation shall commence al