Arizona republican., 1908-06-01

and enjoy smelting and concentrating
 plants and mills. and processes of all
 kinds for the treatment and reducing
 of ores, and saving and obtaining val
 ues from all kinds of mineral bearing
 rock, earth and ores. and of doing any and all things that may be proper,
 useful and necessary or requisite to carry on a general mining and milling,
 smelling and ore-reducing business;
 and to buy and sell ore of all kinds containing precious minerals and
 metals: and of owning any and all
 kinds of property. real, personal and
 leased, necessary to the proper con- duct of said business; and of doing any and all things useful. necessary or requisite to carry into effect the business purposes for which the said company is formed; and for the pur- pose of buying, acquiring by location, acquiring by lease and leasing. bond ing selling. operating and disposing of water rights and privileges; and to construct and operate electric light plants. electric power plants, water power plants and all kinds of plants for the purpose of employing water in the manufacture of power and light ing; and to construct and operate pipe lines for the purpose of conveying water, and for the purpose of selling the water that may be conveyed by such pipe lines; and for the purpose of selling. leasing. renting, and in gen. eral disposing of water power, cleo tric power and electric lights; and to construct and operate railroads, tram ways. turnpikes and canals. dams and reservoirs. leading to or from the prin- cipal works and other places Aof busi- ness of this company, to navigable streams and existing railroads. turn bikes and public highways. as allowed by the statutes of the territory of Ari- Zona; and to build. equip and operate telegraph and telephone lines for the purpose of facilitating the business of the company and for profit; to carry on a general commercial and merchan- dising business; and to maintain stores and other necessary institutions incl dent to said merchandising business; to acquire, use and operate water and ditch rights and privileges of every kind and nature whatsoever for profit and otherwise: and to do any and all things useful necessary or requi- site to operate the same and to carry out any of the purposes for which said company is formed.
 Third: The capital stock of our said company shall be one million dol lars (s1.OOO, ,0OO.OO) divided into one million G,OOO, ,O0O.00) shares of the par value Of one dollar (s1O0) for each share. and said stock shall be issued full paid and non-assessable. at such time or times as the board of directors may designate, in exchange for cash, property, services or other valuable right or thing. and the judgment of the board of directors, in the absence of actual fraud, shall be conclusive.
 Fourth: Our said company is to exist for the term of twenty five (25) years. and may be renewed at the ex- piration of that time.
 Fifth: The affairs and management of our said company is to be under the control of a board of seven CD direc- tors, and w. P. Dunham, F. G. Thom- as. G. A. Whiteford, c. F. SchilIing. George Bayly, J. R. Talpey and Sam uel c. Pierce are hereby selected to act as said directors, and to manage dli dlldiIS anu OOiCtIIiS Ol Sctlu CDII1- pany during the first year of it's ex- istence, and until their successors are duly elected and qualified.
 Sixth: The operations of our said company will be carried on in the ter ritory of Arizona. and in other states and territories of the United States of America and Republic of Mexico: and the principal place and business office of said company shall be located in the city of Phoenix, county of Mari copa, and territory of Arizona afore- said. Branch offices may be estab- lished in such other cities of the United States and elsewhere. as the board of directors may designate by bylaws or resolutions; and meetings of the board of directors or stockhold- CTS may be held at such points outside of the territory of Arizona, and at such times as the best intersts of the com pany may require. The principal place of business outside the city of Phoe- nix. shall be the city of Los Angeles,