Daily Arizona silver belt., 1908-04-18
LEGAL ADVERTISEMENTS


 guarantee or assume the payment of principal. dividends or interest of or on any shares of stocks or notes, bonds or other securities of any other corpora. tion, firm or individual, whose stock, business or property shall be acquired or controlled in whole or in part by this company and to use it's name and cred it for the benefit of said corporations, firms or individuals, as may to the ma 1 iority of the board of directors seem good
 i (D To cause or allow the legal title, estate or interest in any property ac quired, established or operated by the company to remain or be vested or I 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, or 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 | 1any, to manage the affairs or take over and carry on the business of such foreign or domestic corporation, eith- CT 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
 hecks, drafts, bills of exchange, bonds, lebentures and other evidences of in lebtedness of all kinds, whether se-
 ured by mortgage or otherwise, and without limit as to amount, but only Q carry out the purposes of the com. any, and to pledge or sell such bonds l IT securities as well as any bonds or other securities held by it for any of its purposes, on such terms and condi-
 ions ard at such prices as the board If directors shall determine; to execute rust deeds or mortgages, or both, upon he whole or any part of the plant, per onal and real property, concessions, tights, 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.
 1 co To lend it's funds and make ad- vances to any affiliated company, part nership, person or association upon the security of their or his undertaking property. estate, assets and effects, or any part thereof, upon such terms as the board of directors shall determine and may deem expedient.
 CD To purchase, acquire and take over as a going concern or otherwise, and to carry on, maintain and operate all or any part of the property or busi- ness of any person, firm or corpora ton possessed of property which can be incidentally used for any of the pur- poses of this company, or for carrying on any business which this company is authorized to carry on, and as the con sideration for the same to pay cash or to tissue any stocks, debentures, bonds or obligations of this company, and in connection with any such transaction to assume or guarantee any liabilities relating to the business or property so purchased, acquired or taken over, and likewise to issue stocks for services rem dered to this company, and stock is- sued in payment of such property or services shall be full paid stock and not liable to any further call or pay ment thereon, and in the absence of actual fraud in the transaction, the judgment of the directors as to the value of the property purchased or services rendered shall be conclusive.
 (s) The corporation shall have the power to do any and all things set forth as its objects, to the same extent and as fully as a natural person might or could do, as principal, agent, contractor or otherwise, and to carry out all or any of the foregoing objects as prin- cipals, agents, contractors, or other wise and by and through trustees, agents, sub-contraetors or otherwise, and alone or jointly with any other corporation, association, firm or person, and in any part of the world, and to do all and everything necessary or incl dental for the accomplishment of any of the purposes or the attainment of any one or more of the objects herein enumerated or incidental to the powers herein named, or which shall at any time be necessary or incidental for the protection or benefit of the corpora ton.
 (9) Through it's board of directors, generally, to sell, improve, manage, mortgage, let, dispose of, turn to ac- count or otherwise deal with the whole or any part of the property, rights and enterprises of this company or any oth- CT similar company upon any terms, and to form and pay the expenses of the formation, registration and advertising of any company formed to purchase the whole or any part of the enterprise and property, rights and liabilities of this or any other similar company, and of the issue of the capital stock of such new company, including eommis- sions for obtaining applications for or placing shares thereof.
 N0) To remunerate any person or persons or corporation for services, ren- dered or to be rendered, in placing or assisting to place or guaranteeing the placing of any of the shares of this or of any other company, or in or about the formation or promotion of this or of any other company or of the. conduct of it's business.
 CID The board of direc tors may, by resolution passed by majority of the whole board, designate in the manner provided in the bylaws two or more of their number to constitute an executive committee, which committee, for the