Daily Arizona silver belt., 1908-01-02
LEGAL ADVERTISEMENTS

other government, and to use, exercise
develop, grant licenses in respect of. OF
otherwise to turn to account. anv ana
all such trademarks, patents. licenses
concessions, processes and the like. oil
any such property, rights and inferma
ton so acquired, and with view tc
the working and development of tn,
same, to carry on any business, whether
mining, smelling refining, manufacture
ing, hydraulic or otherwise, which the
corporation may think calculated di
rectly or indirectly to effectuate these
objects.
(m) To authorize and permit any OF
all of the Directors of the Company
Notwithstanding their official relations
to 1T, to enter into, negotiate, consum.
mate, and perform any contract or
agreement of any name or nature be.
tween the company and themselves. or
any or all of the individuals from time
to time constituting the Board of Di.
rectors Of the Company, or any firm or
corporation in which any such Director
may be interested directly or indirect.
ly, whether such individual or individ-
uals, firm or corporation, thus CON
tracing with the company shall there
by derive personal or corporate profit
or benefits, or otherwise; the intent
hereof being, TO relieve each and ev.
cry person who may be or become a
Director of the company from any dis.
ability that might otherwise exist of
contracting with the company for the
benefit of himself, or of the eo-partner-
ship or corporation in which he may be
in any wise interested.
(n) To do any or all of the things
herein set forth, and such other things
as are Incidental or conducive to the
attainment of the above objects, to the
same extent as NATURAL persons might
or could do, and in any part of the
world, in so far as the same are not in.
consistent with the provisions of the
said "Aet Providing for a General
Corporation Law" and the acts amenda.
tory thereof and supplemental there
to-
The objects and powers specified in
any clause contained in this Third Par.
agrsph shall, except where otherwise
expressed in said paragraph, be in no
wise limited or restricted by reference
to or inference from the terms of any
other clause of this or any other par
agraph in this Charter, but the OBJ
jects and powers specified in each of
the clauses of this paragraph shall be
regarded as Independent objects and
powers.
FOURTH: The amount of the total
authorized capital stock shall be three
million dollars ($3,0O0,OOO) divided into
six hundred thousand $500, 000) shares
of the par value of FIVE dollars $50
each. From time to time the capital
stock may be issued in such amount and
for such purpose as shall be determined
by the Board of Directors, and as
may be permitted by law.
FIFTH: The Directors of the cor
poration shall be elected annually un-
til otherwise provided by the by laws.
The ineorpOrators may at the or
ganization meeting, and the Directors
may at their first meeting, or at any
subsequent meeting, provide by appro-
pirate bylaws for that purpose for the
number of Directors, for their election,
for an increase or reduction in their
number. or their division into classes,
in respect of the time for which they
shall severally hold office. and as to
any and all other matters concerning
the regulation of the affairs of the
company not inconsistent with the Laws
of the State of Delaware or of this
Charter.
The Directors shall have the further
power to provide, by the bylaws or
otherwise, for the selection from
among their own number of an Elk.
ecutive Committee of such number as
they may from time to time designate
and TO delegate to such Executive Com
mittee all or any of the powers of the
Board of Directors, in so far as the
delegation of such powers is not con
trary to law.
SIXTH: The names and post Office
addresses of the incorporators, and the
number of shares subscribed for by
each, the aggregate of which, One
thousand dollars $4,000, is the amount
of capital stock with which this cor.
poration will commence business. are as
follows:
Number Of
Names. p o. Add Shares
Subscribed
Edward M. Neary, 81 Wall st.
New York, 6S
Anton j. Dittmar, 81 Wall ST.
New York, 66
Raphael Brill, 81 Wall st.
New York, 60
SEVENTH: The duration of the
company shall be perpetual.
EIGHTH: Neither the private prop.
erty of the stockholders nor that of any
of them shall be subject to the pay.
ment of any of the corporate debts of
the company.
NINTH: l. The Board of Directors
shall have power, without the assent
or vote of the stockholders, from time
to time, to make, alter, amend and
rescind the bylaws of this corporation,
and to fix the amount to be reserved as
working capital, and to authorize aud
cause to be executed debentures, mort
cages and leases upon the real and Per
sonal property of the corporation.
2. The Directors shall have the pow
er to sell, assign, transfer, convey and
otherwise dispose of a part of the prop
erty, assets and effects of the cor
poration, less than the whole or sub
stantially the whole thereof, on such