The border vidette., 1908-08-08

place of business of said corporation outside of the Territory of Arizona shall be the City of Kansas City, County of Jackson. State of Mis- souri, in the United States of America, at which place meetings of the Board of Directors may be held and it may establish and maintain such other branch offices. either within without the Territory of Arizona as the Board of Directors may order. At such office in Kansas City. Mis- souri. the first and subsequent meetings Of the Board of Directors may be held and all it's corporate business transacted, not inconsistent with the laws of the Territory of Arizona. The first meeting of the stockholders shall be held in the City of Negales. Arizona, as well as all subsequent meetings. unless otherwise ordered.
 ARTICLE III.
 The general nature of the business proposed to be transacted by this corporation is as fol lows to-wit To buy, own, bCild erect, main tain. operate. smelters of every kind and to erect. maintain, operate, and own stamp mills and reduction works of every description whatso- ever for the purpose of smeltlng and treating ores Of all kinds and description; to acquire, hold. plant into city and town lots, sell. lease, buy and mortgage real estate and mIll property; to work. operate. buy, sell, lease, locate, ac- quire, hold and deal in mines, metals. mineral and placer claims, mining and water locations and water power of every kind and description, to build, erect, maintain and keep in repair water dams across streams so as to back water and to build, erect and maintain, lease and sell, the water ponds and other places for the storage of water; sell and supply water for all purposes of mining, agriculture or other pur- Dose; to buy, bond, sell. build operate and conduct ferries, tramways and other means of transportation of goods, merchandise. timber, lumber, ore, mining machinery and other ma terials. incident and appertaining to the busi- ness of the Company; to maintain operate electric light and power plants for the purpose of furnishing and leasing electric and water power for all purposes; to acquire, lease and operate water rights and fumes for the pur- pose of mining and treating ore and reducing ore, and operating machinery. transporting lumber, timber goods and merchandise in con- nection with the business of the Company; to own and manage saw and four mills; to buy and sell timber. lumber and merchandise and to carry and do a general mercantile busl- ness; to buy, own sell and deal in stock of other corporations; to borrow money and execute notes other evidences of indebtedness and secure the same by bond otherwise on the property of the Company and upon all contract rights of the Company and to the same extent aud the same manner that a natural person might could do. I
 To purchase. lease, bond, locate or otherwise acquire, own exchange, sell or otherwise dis pose of, pledge. mortgage, hypothecate. and deal in real estate an l all kinds of personal property, mines, mining claims, oil lands, min eral lands. oil, gas, asphaltum. petroleum water and water rights and machinery, and to work, mine, explore, operate and develope the same; O do a general real estate manufacturing. and mercantile business; to own. handle, control letters patent and inventions and chares of capitol st ock of other corporations; to borrow money and execute bonds, mortgages or deeds of trust to secure the same and to exercise \ in respect to all such bonds, mortgage notes, shares of capitol stock and other securities and obligations, and any and all rights, powers and privileges of individual owners thereof, in cludnS the right to vote upon any share of stock held by it to the same extent that a natural person might could do; and in gen eral to dc all things necessary to the proper conduct of the business of this corporation in the Republic of Mexico or in the Territory of A Arizona elsewhere; also td' lease own and operate a smelter smelters other plants for the reduction of and to lease or own and to operate telephone and telegraph lines.
 ARTICLE ".
 The amount of the capitol stock of the said corporation is Three Million (S3. .OGOCO0) Dol lars, and number of shares into which it is divided is Three Hundred Thousand GOOGOO) of the par value of Ten ($lO.UD) Dollars per share.
 At such times us the Board of Directors by resolution direct, the capitol stock shall be paid into the corporation and such payments may be made either in cash or by the sale and transfer to it of property of any kir-d for the uses and purposes of said corporation and shares of said capitol stock may then be issued and said shares issued shall thereupon and thereby be and become forever fully paid up and in the absence of actual fraud. the judg- of such property purchased or services render