Daily Arizona silver belt., 1909-01-14
LEGAL ApvERrrsEs1zNrs.

CONCESSIONS, patents ana patent rights privileges and easements; to make in. ventions and to use, sell and dispose of the same.
 Sth. To make loans, to receive loans to buy, sell, hypothecate, incumber and deal in bonds, bills, notes, claims and all other estates, rights and interests pertaining to real and personal prop ! erty of every kind and nature whatso. ever.
 9th. To purchase, acquire, own, hold sell, mortgage, hypothecate or other wise dispose of stock or shares of stock in this corporation, and all other cor porations, and to sell its own stock at any price agreed upon by a majority of its board of directors, at any of the meetings of said board of directors.
 10. To sue and to be sued by its corporate name; to have common seal and alter the same at pleasure; to rem der all shares or interests of stock. holders transferable, and prescribe the mode of making such transfer; to fix through it's board of directors, a price for the sale of stock of this corpora. tion, either above or below par, and to soil the same at the price so fixed; to make contracts and acquire and trans fer property, both real and personal, and possess the same powers in such re- spects as private individuals.
 II. To establish Bylaws and make all rules and regulations deemed expe- dient for the management of the affairs of this corporation, not inconsistent with the constitution of the United States and the laws of the Territory of Arizona.
 l2. To appoint agents, and hire and discharge all kinds of help necessary and requisite to conduct, maintain and carry on the business of mining and milling and all other business of every kind and nature which this corpora ton may engage in at any time.
 l3. To purchase, acquire, own man age, operate, sell and dispose of any and all property, appliances, supplies, and material that may be incident, aux Hilary, or necessary to conduct and car. ry on the business herein set forth, or the business that may be deemed nee essary or expedient to carry out the intentions herein expressed, and to do each and every act and thing proper, convenient and necessary according to the best judgment of the Board of Di- rectors of this Corporation; to carry out and fulfill any and all of the mat ters herein enumerated, as fully to all intents and purposes as if the same were herein set forth.
 That the principal place of business of this corporation shall be at Payson, Gila County, Territory of Arizona.
 That this corporation shall also main tain an office at Los Angeles City, County, of Los Angeles, State of Cali fornia, and this corporation shall have branch offices at any other place or places which the board of directors shall designate by resolution passed at any regular or legally called special meeting of said board of directors.
 ".
 That the commencement of this cor poration shall be upon the issuance of by the secretary of the Territory of Arizona, over the Great Seal of the Territory, certificate that copy of the Articles containing the required statement of facts has been filed in his office, and said corporation shall exist for period of twenty-five years (25} from said date.
 V.
 That the affairs of this corporation shall be conducted by board of di- rectors composed of seven stockholders, who shall be elected annually by the stockholders, on the first Tuesday of June of each year, after the first eight months, and for the first eight months and until their successors are duly elected and qualified, the following named persons, whose places of resi- denee are set forth opposite their names respectively, shall constitute the board of directors of this corporation.
 Name Residence