Sierra County advocate., 1910-04-01

and operate the same, also to(Duild, buy,
construct, and operate toll roads. to
manufacture or otherwise acquire, goods,
wares and merchandise and personal
property ofevery description and to hold,
own, mortgage, sell or otherwise dispose
Of, trade, deal in and deal with the same.
To buy mining property, real estate,
personal property or property OF any
kind or description, either real personal
or mixed, and to pay for the Same with
the stock Of this corporation, or any cor
poration in which tlls company may be
interested. Aso to buy sell or other
wise acquire and hold, own, mortgage,
sell or let, rent or otherwise deal in or
dispose of water, water rights, appro-
priaton OF water, pipe lines and water
works in general, Of every description.
To buy, sell. or otherwise acquire, and
to hold, own, let, rent, irrIgate, or other
wise deal In or deal with or ,Gispose OF
any and all lands for agricultural pur-
poses.or otherwise.
To engage in the live stock business
and to buy, sell breed and raise cattle,
horses, sheep, goats and any other kind
OF 1--we stock and to do. all things inci-
dent thereto.
To apply for, obtain, register, pur
ch ase, lease, or otherwise to ACQUIRE,
and to hold, use, own, operate and in
troduce, and to SELL assign or otherwise
to dispose Of any trade marks, trade
names, patents, Inventions, improve
ments and processes used in connection
with or secured under letters patent of
the United States or elsewhere or other
wise, and To 1se, exercise, develop,
grant licenses, in respect CT, or other
wise to turn TO account any such trade
marks, patents, licenses, processes, and
the like, or any such property or rights
To buy, sell, issue or dispose Of any
stock, bonds, or any obligation of this or
any other corporation, and enter into
make, perform and.carry outconiracis of
every kind, and for any lawful pursose,
with any person, drm, association. or cor
poration.
To erect and operate mills and smelt-
ers for the reduction ofall kinds Of min
eral bearing ores, also to purchase, sell
and improve land and lay out said lands
in townsites, blocks, lots streets, allevs,
commons and parks, also to construed
and operate wagon roads, toll roads, res
ervoirs and railroads from the mining
property or properties which this com
pany is interested in to other railroads.
To conduct all aud any OF the various
business htreinbefore set forth ia any of
the states, territories, colonies or depen-
denotes OF the United States, and in the
District of Columbia, and in any and all
foreign countries, and to have one or
more offices therein, to hold real estate
therein without limit as to amount in
any such state, territory, colony, depen-
tlency, district or foreign country but
always subject TO the laws thereUf and
to do all things incident to the various
kinds Of business as herein set forth.
Third. The amount OF authorized
capital of this corporation is Sl0000000
divided into 7, 900 900 shares of common
stock OF the par value OF Sl.00 per share.
and 100000 shares of preferred or treas
ury stock, OF the par value OF Sl.00 per
share. The capital stock issued shall
aud thereby become and be
fully pad-up an worcestershire, and in
absence OF actual fraud in the tYansac-
ton, the judgment of the Directors as to
the value OF the property purchased
snail be conclusive.
FOURTH: The time OF the com.
Of this corporation shall be
the date of the filing OF these Articles of
in the Territory of Arzo-
IA, and the termination thereof shall be
twenty-five years thereafter
FIFTH: The affiirs OF this corpora
ion shall be conducted by Board Of
Directors and the following named shall
compose the Board of Directors until
heir successors are elected.
Thereafter the Board Of Directors
hall be elected from among the stock
holders, as the Bylaws of the corpora
tion may provide. The officers OF the
aid corporation until their successors
ire elected shall be;
C. III. AKERS, President;
S. PALMER, Vice President; and
ii. X. TRITLE, Secretary and Treasur-
,r.
SIXTH: The highest amount OF in
lebtedness or liability, direct or contin-
,ent, to which this corporation is at any
ime subject shall be IS ,000, 10000 which
Ioes not exceed two-thirds OF the
he amount OF the capital stock.
SEVENTH: The private property OF
he Stockholders and Directors shall be
Exempt from corporate debts of any kind
whatever.
IN WITNESS WHEREOF we have
ereunto set our hands and seals this
End day oi November 1909.
G.. III. AKERS
ii, X. TRITLE
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