The border vidette., 1908-07-25

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 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 Nogales, Arizona, well 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, build erect, main tain. operats. smeters of every kind and to erect, maintain operate, and own stamp mills and reduction works of every description whatso- for the purpose of sme:ting and treating Of all kinds and description; to acquire, hold plant into city and town lots, sell. lease, buy and mortgage real estate and mlll 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 ant keep in repair water dams across streams s 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 pnr- pose; 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 busl- 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 flour mills; to buy and sell timber. lumber and merchandise and to carry and do a general mercantile busi- ness; to buy, own sell and deal in stock of Oth6r corporations; to borrow money and execute notes other evidences of indebtedness and secure the same by bond or otherwise on the property of the Company and upon all contract rights of the Company and to the same extent and the same manner that a natural person might could do
 To purchase. lease, bond locate otherwise acquire, own exchange sell or otherwise dis pose of, pledge mortgage, hypothecate, and deal in real estate an 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:
 
 mercantile business; to own. handle, control letters patent and inventions and chares Of capitol stock of other corporations; to borrow m, ,ney and execute bonds. mortgages or deeds of trust to secure the same and to e. ercise i n respect 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, i'm | cluding the right to vote upon any share of , stock held by it to the same extent that a natural person might or could do; and in gen eral to do all things necessary to the proper conduct of the business of this corporation i u the Republic of Mexico in the Territory of Arizona r elsewhere; also t'' lease or own and operate a shelter smelters or other plants for the reduction of ore and to lease or own and to operate telephone and telegraph lines.
 ARTICLE ". The amount of the capitol stock of the eaid corporation is Three Million tS3OGO,COW Dol lars, and number of shares into which it is divided is Three Hundred Thousand COO.GCW of the par value of Ten (SlC.UO Dollars per share.
 ARTICLE V.
 At su.h times as the Board of Directors by resolution direct, the capitol stock shall be paid into the corporation and such payments may be made cit her in cash or by the sale and transfer to it of property Of any Xiii d for the uses and purposes of said corporation and shares Of said capitol stock may .h: be issued and said shares so issued shall thereupon and thereby be and become forever fully paid up and in the absence of actual fraud, the judg- ment of the Board of Directors $ the va u2 of such pi operty purch sed scrv ccs Ten fer