The oasis., 1909-10-09

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 md water powers oil wells, real estate, and interests in any of said propert es; to en- gage in and carry on the business ot mining and reduction of Cres f any and all kinds; to build, own and operate stamp mills, saw mills and other mills, smeliers, shmpling works and reduction works of any and every description for milling, smeltlng, sampl ng and reducing ures and ore products; to develop ana enlarge water powers, and apply the tame 10 the operation of electrical machinery ot all kinds, and tO sell to others the electrical power SD generated; to acquire title to mines and mining properties. mills and 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; Co work. dispose of and deal in the same anu in the products thereof; t0 carry on and con. duet general mercantile business, and to that end own ant operate stores and to deal in any and all commodities of every kind conducive to the successful conduct Of such business to construct own and operate saw mlllS, ana 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, 1 bond acquire, hold, own, lease, possess oper- | ate, sell mortgage pledge, or otherwise disp SC l of or hypOtheCate oil lands mineral lands, oil, 1 gas, asphalum petroleum or any Of their pro- duets. asbestos, salt, water and water rights and i any and all Kinds Oi machinery and processes l necessarily connected with the transaction of | it's busine ss to borrow money and 10 execute 1 notes, bonds, mortgages or deeds oi trust to l secure tue same; also Co acquire, build, own ana operate railroads, t.AmWayS, turnplkes, canals, aud other meaus of transportation to and from it's mines or worSs to any existing railroad waterw y or highway; and generally | lO do all things incident or necessary to the l proper and successful conduct of it's business. ' a nd fn dn pn ! thing which it is lawful for natural persons tO do; all of which business may be carried on at such place oT places either m the United states | or foreign countries As the Board of Directors may deem for the best interests of the corpora- tOn, provided that no such acts or transactions shall be inconsistent With the laws of the United States and the Territory of Arizona, or the laws of any foreign state or country in which this corporation may be doing business
 THIRD: The authorized HmOnnt Of the eapl- tai stuck Of this Corporation shall be Five Million Dollars (S0O0O0D divided into Five
 Million G 00 0l0) Shares of the par value of One Dollar ($) each Al such times As the
 Board of Directors may by resolution direct
 said capital stock shall be paid into this Cor.
 pOratiOn, either in cash or by the sale and
 transfer 10 it of real or personal property ioi
 the uses Hnd purposes of said OrpOrAtiun in
 payment for which shares uf the capital stock
 of said Corporation may be issued, and the
 capital stock so issued shall lhereupon ahd i, thereby become and be fully paid up and non
 
 : in the transaction the judgment of the Direc
 tors as Co the value of the property shall bt conclusive.
 FOURTH: he time of the commencement O.
 this corporation shall be the date Uf the tiinl
 of d certified copy of these Articles of lncor . purati0n in the office oi the Territorial Audi
 tor, and Of he Reco der of santa Cruz County and the teTmin ,liol thereof shall be twenty
 five years thereafter
 , l1FrH: The affairs of this Corporation shal be cunduuted by Board of Five @ Directors
 and the following named shall constitute thu
 Board of Directors until their successors arr
 elected: Carlos F. Voa ETxleben, Ben K ' Koerng, James H. DOughery, Allen Y. Bird 7 Ed Cunningham. Thereafter the Board O . Direrto shall be elected from among tn
 stockholders OE the first Monday in January O Z each year. The Board of Directors shrll hay
 power to add to the number of Directors, S
 the total number may be seven, by adoption . of q resolution in due form, recorded in tn
 minutes of any meeting of said Board. I Until their successors are elected the officer
 of this Corporation shall be- Ben. K. Koernl
 President; James D ugherty Vice President
 Carlos F. Von Erxleben, Secretary and Treas = urer.
 SIXTH: The highest amount of indebtednes
 or liability, direct or cont 'ngent, to which thi n Corporation shall be subject at any time, Z. One Hundred Thousand Dollars (Sl00,0O0 N which amount does not exceed two-thirds th F. amount of capital stock.
 g SEVENTH: I he private property oi the otoct . holders of this Corporation shall be eNeml from corporate debts of any kind whatsoever. - IN WITNESS WHEREOF We have hereunto sC ,r our hands and seals this First day Of Septen ,. Der, 1909.
 , y CARLOS F. VoN ERXLEBEN, SEAL r ALLEN T. BIRD SEAL.