Arizona republican., 1910-09-24

of the Directors as to the value of such property, services or other right. or thing so purchased or acquired shall be conclusive.
 ARTICLE III.
 The general nature of the business proposed to be transacted is:
 CD To acquire. hold. own, improve. lease and dispose of real estate.
 CD To acquire hold. own. use. lease and dispose of water and power rights.
 (2) To acquire. hold. own. operate. lease and dispose of mines and mining claims
 (D To acquire. construct. hold. use. operate. lease and dispose of trans and tramwavs.
 (5) To acquire. construct hold. own. use. operate. lease and dispose of mills. smelters. concentrating. reduction and metallurgical plants and works.
 co To hold. construct. acquire build. own. lease carry on. conduct, operate and dispose of hotels, boarding and roOming houses.
 CD To acquire. own, carry on and conduct mercantile business Tn all it's various forms
 (S) To borrow money. issue evidence of indebtedness therefor and secure payment of the same by the mortgage. pledge and hypothecation of any and all of the property of the corporation. (9) To guarantee, purchase, hold. sell, assign. transfer, mortgage. pledge and otherwise dispose of the shares of the capital stock of said corporation, or any bonds, securities, or evidence of Indebtedness created by any other cor poration, private or public, and to all low the owner of such stock to eXer- else all the rights, powers. privileges or ownership, including the right to vote thereon. and generally 10 do and perform any and all acts and things in- cident to and necessary, proper, and convenient in the doing. carrying out, and making effective any and all of the objects and purposes herein men toned
 ARTICLE ".
 The affairs of this corporation shall be conducted by a Board of Directors of not less than three (3) nor more than five (5) and the following named persons shall constitute the Board of Directors until their successors are elected: Charles B. Bemis, Robert Fl. Holcomb ana Clara J. Baker and shall hold office until the annual meeting of the stockholders to be held on the first TucsdaZ after the 17th of June of each year. Said Board of Directors shall have full power to adopt, amend op ht--l necessary and to fill vacancies on the Board of Directors.
 ARTICLE V.
 There shall be no cumulative nor dis tributive voting of stock, but each stockholder shall have one vote for each and every share of stock held by him.
 ARTICLE VT
 The amount of liability that this Corporation may subject itself to at any one time shall not exceed one Hundred Thousand Dollars.
 ARTICLE VII.
 This corporation shall endure twen- ty-five years from the date of filing a certified copy of the Articles in the Office of the Auditor of Arizona.
 ARTICLE VIII.
 
 The private property of the stock holders shall be forever exempt from all liabilities for its corporate debts or obligations.
 IN WITNESS WHEREOF. we here to affix our signatures and seals this 14th day of June, A. D. 1910.
 CHARLES B. BEMIS. (SEAL)
 ROBERT H. HOLCOMB. (SEAL) State of Illinois, County of Kane, ss Before me, Alice M. Callan, Notary Public in and for the County and State aforesaid, on this day personally ap- peared Charles B. Bemis and Robert H. HolcOmb. known to me to be the same persons whose names are sub scribed to the foregoing instrument, and acknowledged to me that they executed the same for the purpose and considerations therein expressed.
 Given under my hand and seal of of flee this 14th day of June. A. D. 1910. (SEAL) ALICE NJ. GILLIAN,
 Notary Public. My commission expires March 15, 1914