Sierra County advocate. [volume] (Kingston, N.M.) 1884-1960, 1910-04-08

| wise to dispose thereof or to maintain
and operate the same, also TO build, buy,
con struct, and operate toll roads. to
manufacture or otherwise acquire, goods,
wares and merchandise and personal
property ofevery description, andt to hold,
own, mortgage, sell or otherwise dispose
of, trade, deal in and deal with the same.
To buy mining property, real estate
PEI sonal 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 this company may be
Interested. Also to bay, sell or other
wise acquire and hold, own, mortgage.
sell or let, rent or otherwise deal in or
dispose of water water rights, apprc-
priation Of water pipe lines and water
works insgeneral, oi.every description.
To buy, sell, or otherwise acquire, and
to hold, own, let, rent, irrigate, or other
wise deal IN or deal with or dispose of
any and all lands for agricultural pur-
pores 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 live stock and to dc. all things incl
dent thereto.
To apply for, obtain, register, pur-
chase, lease, or otherwise 10 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 use, exercise, develop.
grant licenses, in respect Of, or other
wise to turn to account any such trade
marks, patents, licenses, processes, and
the like, or any such property or rights,
10 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 out contracts OF
every kind, and for any lawful pursose.
with any person, firm, association or cor
polation.
To erect and operate mills and smelt-
ers Tor the reduction of kinds Of min
eral bearing ores, also to purchase, sell
and improve land and lay out said lands
IN townsites, blocks, lots, streets, alleys,
and parks, also to construct
ana operate wagon roads, toll roads, res
ervoirs and railroads from the mining
or properties which this com.
pany is interested in to other railroads,
TO conduct all and any of the various
business htrelnbefore set forth in any of
the states, territories. colonies or depen-
dencies 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-
llency, district or foreign country, but
always subject to the laws thereof, and
to do all things incident to the various
kinds of business as herein set forth.
Third; The amount Of apthorwed :.
capital Of this corporation is $lO,OOOOO0
divided into 7 200 900 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 81 90 per
share. The capital stock issued shall
thereupon and thereby become and be
fully pald-up an worcestershire, and in
absence OF actual fraud in the transac-
ton, the judgment of the Directors as to
the value OF the property purchased
snail be conclusive.
FOURTH: The time of the com.
mencement of this corporation shall be
the date of the fling Of these Articles Of
incorporation in the Territory of Arizo-
ma, and the termination thereof shall be
twenty-five years thereafter.
FIFTH: The affairs OF this corpora
ton shall be conducted by Board of
Directors and the following named shall
compose the Board of Directors until
their successors are elected.
Thereafter the Board of Directors
shall be elected from among the stock
holders, as the Bylaws of the corpora
ton may provide. The officers of the
said corporation until their successors
are elected shall be:
G. II. AKERS, President;
$. PALMER, Vice President; and
II. Il. TRlTLE, Secretary and Treasur.
Or.
SIXTH: The highest amount OF in
lebtedness or liability, direct or contin.
gent, to which this corporation is at any
lime subject shall be So 5,000, 100000 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
hereunto set our hands and seals this
22nd day Of November 1909.
@. II. AKERS