Mohave County miner., 1910-02-12

capital stock. bonds. debentures, shares, secur-
 itles, and other obligations and evidences or ln- debtedness of any other corporations or com panies whereSoever created or organlzedi 70 underwrlte or subscribe for the same, conul- tiOnally or otherwise; to aid in any manner all corporations whose stock, bonds. securetles, or other obligations are held or in any manner guaranteed by this corporation, and to do any other acts and things for the preservation, pro tection, improvement Or enhancement or the value of any such stock, bonds, securities or other obligations, and to do any act or thing designed for any such purpose; and while the owner or holder of any such stock. bonds, de- bentures, securities, or other obligation 10 ex- ercise all of the rights powers and privileges of ownership thereof, and to, exercise any and all voting power thereon;
 To give C. edlt on such terms, and to such persons as n ay seem expedlent; to loan ana advance money, and to let real and personal property Tor hire, upon such terms and cOndi- ttons, aud with such security as may be deemed proper by the Board of DlrectOrs:
 To borrow money Co make and issue prnmls- sory notes. bills of exchange, bonds. and evil denceS of indebtedness of all kinds; to secure the pawn mt of its notes, bonds and other in debtednesS. and the interest thereon. by pledge, hypOthecation, mortgage, deed of trust or other wise, of any or all of the property then owned by said corporation. and if deemed best. of any or all property which it may thereafter acquire | to sell or exchange said notes. bonds. or other evidences of indebt btedneSs for property of any kind whatever, and to sell or exchange capital
 stock of the corporation hereby created. or any
 part thereof, for the capital stock of other cor pUrationS and for other property. rights or | franchises as the Board of Directors of this cOrporation may deem necessary or convenient | in the transaction of its business:
 To carry on any business. whether herein in dtcated or not, that may seem to the corpora tiOn capable of being conveniently carried on | in connection with any of the business, objects | or purposes herein specified. O- likely to, al rectly or indirectly, enhance the value of the | business, property or rights Of this corporation; Said corporation may. from time to time do | any one or more of the acts and things herein II FUg in
 and all other states, in any and all of the terri | tories. colonies and dependencies of the United | States. in the District of Columbia, and in any | and all foreign countries, and may purchase. | hold mortgage. cucumber and convey real and l personal property without limit as to amount.
 either in or out of the Territory Of Arizona. | ARTICLEv
 | That the authorized amount of capital stock | of said corporation IS one million dollars (sl,- | OOO,OOO OOl: and the number of shares into which it is divided is forty thousand (40O0Ol of | the par value of twenty-five dollars (s25 .OOl
 each; that the time when and the condition
 upon which said capital stock is to be paid ln
 are as follows; Said capital stock shall be paid
 in at the date Of its iSsuar ce said capital stock | or any part thereof, may be paid for in money
 or n the purchase. exchange, or transfer of | real or personal property, or in labor or serv | ices rendered, or in any other valuable right | or thing. and in the absence of fraud in the | transaction the judgment of the Board of Di l rectOrs as to the value of any property pur f chased exchanged. or transferred, or services | O. labor rendered. or other right or thing re- | ceived in payment for capital stock shall be
 conclusive and when so paid for said stock | shall be non asSeSsable.
 | ARTICLE VI
 That the time Of the commencement of said l corporation shall be the date of the filing of l the certified copy of these Articles of IncnrpOr | atiOn in the office of the erritorial Auditor of
 said Territory of Arizona, and the time of the | termination of said corporation shall be twen- | ty-fve l25l years thereafter.
 | ARTICLE VII.
 That the officers or persons by whom the af ] fairs of said corporation are to be conducted | are a Bosrd of Directors consisting of five (5 persons that the first Board of Directors shall be elected at the first meeting Of the corpora tors of said corporation and the Directors l elected at said meeting shall hold office until the first annual meeting of the stockholders Of | said corporation; that thereafter said Board of Directors shall be elected at each annual meet ing of the stockholders Of said corporation. | which annual meeting shall be held on the | second Tuesday in November of each year. The | Board of Directors at its first meeting after such election of Directors shall elect a Presi-
 dent. and a Vice President. who must be of | their own number and Treasurer and Sec | retary, and may elect such other officers and | agents may be provided for in the By Laws. | and the Bylaws may provide that the same person or persons may be elected to hold more than one of said offices
 ARTICLE VIII.
 | That the highest amount of indebtedness or | liability to which said corporation is at any time tU subject itself is iOne) six hundred thou
 sand dollars tS6OO OOOO OO.
 ARTICLE TX.
 | That the private property of the stockhold- | CTS of said corporation is to be exempt from it's
 corporate debts of every kind.
 1 In Witness Whereof. We have hereunto set
 our hands and seals this sixth day of Decem-
 WI HOLE. CSeaD