The border vidette., 1909-11-06

tions, and agreements with other persons, i firms indi viCinals and corporations, for build ing, constructing, operating and maintaining railroads, Jramways. power ana lif;htirg plants or for any other law fuI purpose whatsoever; and to buy, sell or otherwise dispose of, any i and all such contracts, bonds. options, leases and agreements may have been entered into between other individuals, firms, persons or | corporations.
 ! To operate sell. hypothecate. or otherwise : dispose of. any property. real personal ! poration by foreclosure of it's nlorteages upon any and all such property.
 To enter into contracts for removal. opera. ton and construction of millS smelling and reduction works. hoIsting IEachinerS mining handle. sell and dispose of the To engage in any and all bus siness herein mentioned, or in any business which may be within the United States. n any -ta e. Ter ritory or Country of the world, and generally to do and perform every other t and thing. and to engage in any and every line of business may % ne 9 fb m or businesses for which this corporation is ganlzed.
 The capital stock of this o corporation @ shell Le One Million II oto oool shares of par value He of one dollar iSi.0Jl each. which stock shall be s as may be % perserihed by the Board of Director of the corporation. and the Board of Directors is hereby authorized to issqe aoy and all of said stock fully paid up and non a:sessab;e, in consideration of the payment thereof i'll property. rights interests of any 'esc-i ption. or services rendered or to be rendered for the corporation and the valuation appraisal by the Board of Directors of any D .operty. rights ered de ore o b f shall be b,pdjng M ling and conclusive np9n the stock dealing with the corporat on.
 ARTICLE
 The capital stock of this corporation, when issued, shall be forever non -asSess1b ble-
 ARTICLE VI The highest amount of indebte'iness or liab- ility. direct or contingent, to which this cor poration is at any time to be subject, is and shall be, sum less than two-thirds of the ''''- 0 ARTICLEvII
 The time for which this corporation shall endure shall be twenty-iive l23I years from ami after the date of filing of these art!cles of in County Recorder of Phoenix, Maricopa, Ari- zOna.
 The business and affairs of this corporation shall be managed. controlled aud administered by a Board of Directors consisting of not less than three 1 3l stockh olders, provided, however, the power to increase it's members to a nun Der not exceeding nine l9] at any eaular meeting of the board SD selected by the then existing board shall hold office until the next succeed,o og annual election of Directors by the Stockhold- of the corpDr atOn.
 A majority of the Board of Directors shall ha Rod oe for o year CD and until thelr success"rs are elected vided.
 The B~ard of Dirpctols shall ba elected an nnally at a regular meeting of the st ckholders: which meeting shall be held on the Is day of October.
 Any vacancy occurring in tn" Beard of Di- rectors. or in any office. shall b4 filled by the remaining members of u e board The Board of Directors is hereby -anthorized and empowered to ma Ike and establish By Laws for the government of the corporation. and to alter and amend the same. and to make all rules anj reguati ions. which. in their judgment. are need fnl or nee ssary for their management of affairs of the ration. and for the s<nid- ence and control of the officers thereof. Pro vided that such Iy-Laws or regulations shall i not conflict or De inconsistent with these Ar tIcles O IncOrporation the laws ot the Terri l tory of Arizona, O the constitution and laws of the United States.
 ARTICLE Tx The private property of every stockholders in i tn is corp orati on shall be forever exempt from liability for the corporate debts of the corpOr- ation.
 ARTICLE The officers of this corporation shall be q i Nice-PreSident. Secretary. and 9 !! Treasurer and such other officers and agents