The Arizona sentinel., 1909-03-18


acknowledge the following as The Articles OF
! Incorporation thereof:
The name Of the corporation shall he
BoUSE TOWNSHIP, LA>;D
AND IMPROVEMENT COMPANY.
! It's principal place OF tssDsactlng business
shall be ia BouSc, Yuma County, Arizona, and
rauy hsvc branch Uraces III such other places rs
mar be designated by It's Board OF Directors,
II.
The rorporaeors Of this incorporation arr T..
{syrenvco {. a. Philbric}1, I. C. 19lonpso;! y.
r.. Frumc and 4. <. Stone.
The objects Tor whtrh mis- corporation is cs-
tsbli>ned are; To purchase, acquire,
oyn, SELL exchange. lease, mortgage,
manage, or otherwise dispose of
all real cS.ptc and personal property, fnclud-
ing franchises OF every kind ana description,
gas, electricity, steam, water electric light and
power plants. and steam or water power plants,
stores houses, and buildings Of every kind,
notes, bonds, mortgages merchandise, Iaachin-
e1y farming lands. ana waserr.gpts; to use, sell
and distribute gas, electricity, wafer, steam.
electric ligh: and power. and steam or water
/
necessary works Tor the manufacture and de-
velopuent OF the same; to acquire, construct,
maintain and operate railways, tranways, tele-
phone aud telegraph Enes, roads and bridges.
To acquire the good viii. property. rights, as
sets ana securities or any person, firm or cor
pora,ion; 10 engage in general brokerage and
insurance business. and TO enter into, make and
execute and perform contracts OF every kind
FOR any lawful purpose with any person, firm or
corporation;
To lend or borrow money and give or take Sc
curity for the same; TO mortgage pledge, or hy
potlecate ali or any portion OF its property 10
secure any OF It's Indebtedness;
To apply for, obtain. register purchase. lease
OF otherwise acquire and hold, use own, operate
introduce, SELL assign or otherwise dispose OF
trade marks. trade names letters patent inven-
tons. Improvements ard processes
To use the stock OF this corporation in the
purchase Of acquisition Of any OF the real or
personal property herein mentioned;
To conduct business in any OF the states, ter
rieories, 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 TO do any and all things, whether
connected with those hereinbe:ore specified or
not which may be convenient or necessary to
carry into effect the objects for which this cor.
poration is formed.
".
The capital stock OF this corporation shall be
one million dollars, divided into two hundred
thousand shares OF the par value Of i've dollars
each and the same shall be fully paid and non
assessable.
The capital stock OF this corporation shall be
issued and paid for upon the conditions and at
the 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 ana purposes OF this corporation, and
in thciabsence OF actual fraud in the transac.
tion, the judgment OF said Board shall be con-
elusive as to the value OF the services property
or other thing OF value accepted in payment for
the stock Of the corporation.
V
Tie time OF the commencement OF this cor
peration shall be the day upon which these Ar
;cles filed in the Office OF the Auditor OF the
9erTstorv 81 .atf2SAa. ase said corporation shall
,oTsaiAate tpeHty five yeaTs thereafter
VI
The government OF the aorrorEtaoD 81 vested
il Board o: Directors consisting of not fewer
than three nor more thun nine members, who
shall be elected at the annual stockholders
meeting and shall hold Office 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.
css Occurring in tho Board Of Directors may be
filled by said Bourd; Such Board Of Directors
shall have the power TO increaSe:th number o:
i:S members, as hereinbeforo limited and In the
event OF such action shall designate the adj
6itional members thereof who shall serve until
their SUCCESSORS are duly elected and qualified.
Such Board OF Directors shall have power 70
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 a majority OF ali the members of
the board shall be present and shall vote in IA
vor OF the action taken thereat, and such vote
shall be conclusive evidence OF the suhiciency
OF notice for such meeting; the board OF direc
tors shall have power TO establish bylaws and
the management OF the affairs Of the corpora
ton:
The first board OF directors OF this corporation
shall consist OF five members, and until their
successors are elected and qualified the follow
ing named persons shall constitute said board
to.wit: f. Greenwood. A. Phlbricli, c, c.
Thompson, y. H. Frame, II. 4. Stone
VII.
The officers OF this corporation shall be Pres
ident. Vice President, Secretary, Treasurer and
such other officers 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 arc duly elected and qualified the fol.
lowing shall be the officers hereof: +. Green
wood President; A. Philbrick, Vice President;
II E. Stone, Secretary and Treasurer.
VIII.
The time for holding the annual meeting OF
the stockholders Of this corporation is hereby
6xed for the FIRST Monday in January OF each
year.
The highest amour: ofizdebtedness or rabil.
fly 10 which this company is Ct any time to sub.
ject Itself is six hundred fifty thousand dollors
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, It's board OF directors nor
other officers shall have power TO levy any as.
seksnent upon any paid up share OF stock.
In witness Whereof, said corpora;orS have