The oasis., 1909-09-18

ing machinery, or mining claims or prospects oi gold silver, copper, or any or all other kinds oi mining or mineral properties, oil wells, water rights and water powers oil wells, real estate and interests in any of said properties; 10 en- gage ln and carry on the business of mining and reduction Of creS Cf any and all kinds; to build, own and operate stamp mills, saw mills and other mills, smelters, sampling works and reduction works of any and every description for milling, smelling, samplmg 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. 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 its business ; 10 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 in any and all commodities of every kind conducive to 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 hyDOtheCate oil lands, mineral lands oil, gas, asphaltum, petroleum or any of their pro- duets, 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 the same; also to acquire, build, own and operate railroads, t-Amways, turnpikes, 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 Co 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 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 amount of the capi- tai stock Of this Corporation shall be Five Million Dollars ($j 0000OW divided into Five Million (5O00O00) Shares of the par value of One Dollar ($D each At such times as the Board of Directors may by resolution direct, said capital stock shall be paid into this Cor porstiOn, either in cash or by the sale and transfer to it Of real or personal property for the uses and purposes Of said torporation in payment for whicn shares Of the capital stock of said Corporation may be issued, and the capital stock so issued shall thereupon and 1 tHeIeDy Decolne anu De lullN ptlu up ana non asSessablei Hnd in the absence Of actual fraud 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 oi . this corporation shall be the date 0f the filing of certified copy Of these Articles of IncOr- pOratiOn in the office of the Territorial Audi tor, and Of the Reco der of Santa Cruz County and the termination thereof shall be twenty five years thereafter
 FIFTH The affairs of this Corporation shall be conducted by Board of Five @ Directors and the following named shall constitute the Board of Directors until their successors are elected: Carlos F. Won Erxleben, Ben R Koerng, James Il. D0ugherly, Allen T. Bird i Ed. Cunningham. Thereafter the Board oi Directors shall be elected from among the stockholders OF the first Monday in January ol each year The Board of Directors shall have 1 power to add to the number of Directors, SC the total number may be seven, by adoption of resolution in due form recorded in the minutes of any meeting of said Board. 1 Until their successors are elected the officers l of this Corporation shall be: Ben. R. Koering | President; James Dougherty, Vice President Carlos F. Von Erxleben, Secretary and Treas urer.
 SIXTH: The highest amount of indebtedness, or liability, direct or contingent to which this | Corporation shall be subjec6 at any time, is One Hundred Thousand Dollars ($l0O,00O) | which amount does not exceed tWo-thirds the amount of capital stock.
 1 SEVENTH: The private property of the Stock holders of this Corporation shall be exempt | from corporate debts of any kind whatsoever. | IN WITNESS WHEREOF We have hereunto sci our hands and seals this First day of Septem 1 Der, 1909.
 CARLOS F. VoN ERxLEBEN, [SEAL
 ALLEN T. BIRD, SEAL.