The oasis., 1909-09-11

ing machinery, or mining claims or prospects of gold, silver, copper, or any or all other kinds of mining or mineral properties. oil wells water rights and water powers, oil wells, real estate, and interests in any of said properties; to en- gage in and carry on the business Of mining and reduction of ores Of any and all klndsi to build own and operate stamp mills, saw mills and other mills, smeiters, sampllng works and reduction works Of any and every description for milling, smelling, sampling and reducing ores and ore products; to develop and enlarge water powers, and apply the same to the operation of electrical machinery of all kinds, and to sell to others the electrical power so generated; to acquire title to mines and mining properties mllis ana all kinds of reduction works, electrical and other machinery, real estate, personal proper ty and all other kinds of property necessary and requisite to the transaction of it's business; to work. dispose of and deal in the same and in the products thereof; to carry on and con- duct general mercantile business, and to that end own and operate stores and to deal Ill any and all commodities of every kind conducive Go the successful conduct of such business; to construct, own and operate saw mills and to market the lumber and timber products there Of; to purchase, hold, own and control and deal in and handle it's own and the shares and stocks of other corporations; to locate, buy, bond, acquire, hold, own, lease, possess, oper- ate sell, mortgage, pledge or otherwise dispose of or hypothecate oil lands, mineral lands, oil, gas, asphaltum, petroleum or any of their pro- ducts, asbestos salt water and water rights and any and all kinds of machinery and processes necessarily connected with the transaction of its business to borrow money and to execute notes bonds, mortgages or deeds of trust to secure tue same; also to acquire, build own ana operate railroads, tramWays turnplkes canals, and other means Of transportation to and from its mines or works tc any existing railroad, waterway or highway; and generally to do all things incident or necessary to the proper and successful conduct of it's business, and to do and perform each and every act and thing which it is lawful for natural persons to do all of which business may be carried on at such place or places either in the United States or foreign countries, as the Board oi Directors may deem for the best interests of the corpora ton, provided that no such acts or transactions shall be inconsistent with the laws or the United States and the Territory of Arizona, or the laws Of any foreign state or country III which this corporation may be doing business THIRD: The authorized amount Of the capl- tai stock of this Corporation shall be Five Million Dollars (S5,00O0OO) divided into Five Million (5000.000) shares of the par value of One Dollar ($) each. A such times as the Board of Directors may by resolution direct said capital stock shall be paid into this Cor pOretiOu, either in cash or by the sale and | transfer to it of real or personal property for l the uses and purposes of said Corporation. in payment for which shares of the capital stock | of said Corporation may be issued, and the capital stock so issued shall thereupon and | thereby become and be fully paid up and non l | in the transaction the judgment Of the Direc tors as to the value of the property shall be conclusive.
 FOURTH. The time of the commencement o | this corporation shall be the date of the filing | of certified copy of these Articles of Incor poration in the office of the Territorial Audi 1 tor, and of the Recol der of Santa Cruz County and the termination thereof shall be twenty l five years thereafter.
 FIFTH: The affairs of this Corporation shal be conducted by Board of Five (5) Directors and the following named shall constitute tho Board of Directors until their successors art elected: Carlos F. Von ETXeben, Ben R
 Koering, James H. Dougherty, Allen T. Bird | Ed Cunningham. Thereafter the Board O Directors shall be elscted from among th'
 stockholders OF the first Monday in January O
 each year. The Board of Directors shall havt
 power to add to the number of Directors, SC
 the total number may be seven, by adoption l of a resolution in due form, recorded in thu
 minutes of any meeting of said Board.
 Until their successors are elected the officer
 of this Corporation shall be: Ben. R. Koering
 President; James Dnugherty, Vice President
 Carlos F. Von ErXleben, Secretary and Treas
 urer.
 SIXTH The highest amount of indebtedness
 or liability, direct or contingent to which thi
 Corporation shall be subject al any time, i
 One Hundred Thousand Dollars ($l00,000)
 which amount does not exceed two-thirds tn
 amount of capital stock.
 SEVENTH: The private property of the stock
 holders of this Corporation shall be exemp
 from corporate debts of any kind whatsoever.
 IN WITNESS WHEREOF We have hereunto SC
 our hands and seals this First day of Septem
 Der, l909
 CARLOS F. VoN ERxLEBEN, SEAL ALLEN T. BIRD, SEAL.