The Arizona sentinel., 1909-04-01

! Territory Of Arizona, and adopt, execute, and
acknowledge the following al the Articles OF
Incorporation thereof:
The name Of the corporation shall be
BoUSE TOWNSHIP. LAND
AND IMPROVEMENT COMPANY.
Its principal place OF transacting business
shall be IN Bouse, Yuma County. Arizona, and
may have branch oflccs at snch other places as
may be designated By its Board OF Directors.
II.
The corporators OF this incorporation are E.
Greenwo d. A Philbrick c. c. Thompson, N.
IL Frame and H. Z. Stone.
The objects for which this corporation is es-
tabiishel are: To purchase, acquire,
own, SELL exchange, lease, mortgage,
manage, or Otherwise dispose Of
all real estate and personal property, incud-
ing franchises of every kind and description
gas, electricity, steam, water. electric light ana
power plants, and steam OF water power plants.
stores, houses. and buildings of every kind
notes, bonds. mortgages. merchandise nachn-
cry farming lands, and waterrights; to use, sell
and distribute gas, electricity, water, steam
electric light and power and steam or water
power, and establish maintain and operate MI
necessary works for the manufacture and &C.
velopment Of the same; 10 acquire, construct
maintain and operate railways, tranwayS tcle-
phone and telegraph lines. roads and bridges.
To acquire the good will, property, rights as.
sets aud securities OF any person, firm or cor.
poration; 70 engage in o general brokerage and
insurance business and 20 enter into, make and
execute aud perform contracts Of every kind
for any lawful purpose Vi:h any person, firm or
corporation;
| To lend or borrow money and give or take Sc
eurity for the same; TO mortgage. pledge, or n.y.
pothecate all or any portion Of its property 10
secure any Of its Indebtedness;
| To Gpply for, obtain. register, purchase lease
or otherwise acquire and hold, use, own, operate
introduce, sell, assign or Otherwise dispose of
trade marks, trade names. letters patent. inven.
tons, improvements and processes;
To use the stock OF this corporation In the
purchase Of acquisition OF any OF the real or
personal proparty herein mentioned;
TO conduct business in any OF the states, ter
ritories colonies or dependencies OF the United
States, the District OF Columbia and In any
foreign countries;
To acquire all property, real, personal or
mixed. and 10 do any and gil things, whether
connected with those hereinbetore specified or
not, which may be convenient or necessary 70
carry into effect the objects for which this cor
por&tiol Is formed.
The capital stock OK this corporation shall be
one million dollars. divided into two hundred
Thousand shares OF The par value OF five dollars
each, and the same shall be fully paid and non.
asSesSac1e.
The capital stock OF this corporation shall be
issued and paid for upon the conditions and at
tho times provided for by resolution OF the
Board OF Directors hereof, at such price and up
on such terms as said Board may determine, in
cash, labor, stock OF other corporations real or
personal property, or other thing OF value for
the uses and purposes OF this corporation, and
IN the absence OF actual fraud in the transsc-
ton. the judgment OF said Board shall &c con-
elusive as TO the value Of the services. property
or other thing Of value accepted In payment for
;se stock OF the corporation.
The tIl14 Of the commencement o: this cor
Forattnn shall be tie day upon which these Ar
tso.eS ee Eicd IN the ONCE Of the auditor OF the
Yrsrt.o7y 81 Arizona AID s:.i, cor Portion shall
terminate twenty Ave years thereafter.
VI.
TIE government OF the corporation is vested
II board Of Directors cOnssSting os not fewer
than three nor more Than nine members, who
shall be elected st the annual stockholders
meeting and shall hold of1ce for one year from
the date Of their election and qualification and
until their SUCCESSORS are elected and qualified;
Provided, however that any vacancy or vacan-
c!cs occurring in tho Beard OF Directors may be
alled by said Board; Such Board OF Directors
shall have the power to increase; the number OF
It's members, as hereinbefore limited, and in the
event OF such action shall designate the ad
aitiooal members thereof who shall serve until
their successors are duly elected and qualified.
Such Board Of Directors shall have power to
hold any meeting and transact any business for
the company at any time or place within or
without the Territory Of Arizona, and all acts
OF said board at such meetings held without
said Territory, or at any place other than at the
established offices OF the corporation, shall be
valid provided majority Of all the members OF
the board shall be present and shall vote in IA
vor oi the action taken thereat, and such vote
shall be conclusive evidence OF the sufnciency
Of notice for such meeting; the board OF direc-
tors shall have power to establish bylaws and
make al rules and regulations necessary for
the management OF the affairs Of the corpora
ton;
The FIRST board OF directors OF this corporation
shall consist OF five members Gnd until their
successors arc elected and qualified the follow
Ing named persons shall constitute said board
to-wit: L. Greenwood, i. Philbrick, {, G.
Thompson. n. L. Frame, II. Z. Stone,
VII.
The officers OF this corporation shall be Pres.
idcnt, Vice President, Secretary, Treasurer, and
such other officers as the Board OF Directors
shall deem necessary for the transaction OF its
business, such officers to be elected by the board
Of directors; provided however, that until their
successors are duly elected and qualified the fol-
lowing shall be the officers hereof E. Green.
wood. President; a. Philbrick, Vice President;
H. E. Stone, secretary and Treasurer.
VII.
The time for holding the annual meeting OF
the stockholders OF this corporation is berehy
fixed for the first Monday in January Of each
year.
The highest amount Of Indebtedness or iiaoil-
ity to which this company is at any time to sub
jest isself IS six hundred fifty thousand dollars.
X.
The private property Of the stockholders Of
this corporation shall be exempt from liability
for the payment Of corporate debts; and neither
the corporation, its board Of directors. nor
other officers shall have power to levy ony as.
Sessrncnt upon any PAID up share of stock.
In Witness Whereof, said eorPorators have
hereunto set their ban Is this iIth day Of Janu-
airy, 1919.