The oasis., 1909-10-02

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 cres f 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, smetlng, samplng and reducing ores and ore products; to develop and enlarge water powers, and apply the tame to the operation Of electrical machinery Of all kinds, and to sell Go others the electrical power so generated; to acquire title to mines and mining properties. mills and nll kinds of reduction works, electrical and other machinery real estate, personal proper ty and all other kinds oi 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 10 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 hOid own and control and deal in and handle its own and the shares and stocks of other corporations to locate, buy, bond, acquire, hold, own, lease, possess 0per- ate, sell, mortgage, pledge, or otherwise dispose of or hypOthecate oil lands, mineral lands, oil, gas, hsphaltum, 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; 10 borrow money and to execute nOtes bonds, mortgages or deeds of trust to secure the same; also to acquire, build, own ana operate railroads tTamWays, turnptkes, canals, aud other means of transportation to and from it's mines or works to any existing airOad. waterway or highway; and generally 10 do all things incident or necessary Co the proper and successful conduct of its business, and Co do and perform each and every act and thing which it is lawful for natural persons Go do; all of which business may be carried on a such place or places either n the United States or foreign countries. Hs the Board Ol 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 l THIRD: The authorized amount Of the capi- i tal stock Of this Corporation shall be Five l Million Dollars t$5OO000) divided into Five 1 Million (j00O000) shares of the par value of One Dollar Hl each At such times as the Board Of Directors may by resolution direct. said capital stock shall be paid into this Cor l pOrati0u either in cash or by the sale and i transfer Co it Of real or personal property for the uses and purposes Of said corporation in 1 payment for Whicn shares ot the capital stock Of said Corporation mHy be lsSucd, and the { capital stOJS issued shall lhereupon and thereby become and be fully paid up and non | assessable ana in the absence Of actual fraud ! in the transaction the judgment of the Dlrec- tors as Co the value of the prorerty shall be conclusive.
 FoURTH: The time of the commencement of i this corporation shall Toe the date uf the filing i ol a certified copy oi these Articles of Iucor- puratlOn 70 the office of the Territorial Audi tor, and Of lhe Reco der oi santa Cruz County and the termination thereof shall be twenty
 five years thereafter
 FIFTH: The affairs Of this Corporation shall be cundut ted bya Board of Five 60 Directors, ! and the following named shall constitute the l Board Oi Directors unttl t1eir successors are elected: Carlos F. Von Erxleben, Ben R. koeriug, James II. D0HgheTty, Allen r. Bird 1 Ed Cunningham Thereafter the Board ol Directors shall be elected from among the ] stockholders OE the first Monday in January ol each year. The Board Of Directors shall have power 70 add Co the number of Directors, Sd l the total number may be seven, by adoption of a resolution in due form, recorded in the minutes of Huy meeting Of said Board.
 r Unti their successors are elected the officers
 of this Corporation shall be: Ben. k. Koering
 President; James D iugherty, Vice President
 Carlos r. NOn ErXleben, Secretary and Treas
 urer
 SIXTH: The highest amount of indebtedness or liability, direct or contingent, to which thi'
 Corporation shall be subject at any time, is
 One Hundred Thousand Dollars (Sl0000W
 which amount does not exceed twO-thirds the
 amount of capital stock
 SEVENTH: he 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 se
 our hands and seals this First day of Septem
 Der, 1909.
 CARLOS F. VoN ERXLEBEN, [SEAL
 ALLEN T. BIRD. lSEAI.