Mohave County miner., 1910-02-05

capital stock. bonds debeutures, shares, secur- ities, and other obligations and evidences of in- debtedness of any other corporations or com | panieS whereSOever created or organized. to Iunderwrlte or subscribe for the same condl- | tiOnally or otherwise; to aid in any manner all corporations whose stock, bonds se curetieS, 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 Of 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. oonds, de- ercise all of the rights powers and prlvi eges Of ownership thereof, and to exercise any and all voting power thereon;
 To give e edit on such terms, and to such persons, as ay seem expedient; to loan and advance money, and to let real and persona, property for hire, upon such terms and condi- tiOnS. aud with such security as may be deemed proper by the Board of Directors;
 To borrow money, to make and issue promis- sory notes. bills Of exchange, bonds. and evi- denceS of indebtedness Of all Kinds; to secure the pawn. nt of it's 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 o' all property which it may thereafter acquire to sell or exchange said notes. bonds, or other evidences of indebl edneSS 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
 
 franchises as the Board of Directors of this cOrpOration may deem necessary or convenient in the transaction of it's business;
 To carry Cn any business whether herein in dicated 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, di 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 business 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 personal property. without limit as to amount. either in or out of the rerrito' y Of Arizona.
 ARTICLE That the authorized amour of capital stock of said corporation one illion dollars (Sl,- OO0O0O O0J: and the number of shares into which it is divided IS forty thousand (4O.OOOl of the par value of twenty-five dollars 1895. .OOl each; that the time when. and the condition upon which said capital Stt ok is tO be paid m are as follows; Said capital stock shall be paid in at the date of it's iSSuar said capital stock or any part thereof. may be paid for in money. | or m 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 Ut the Board of Di- rectOrS as to the value of any property pur- chased. exchanged. or transferred or services, l Or labor rendered, or other right or thing re- CtlNtu lu payment TOT CdplIfl SHOCK Sndll pc conclusive and when so paid for said stock shall be non assessable.
 ARTICLE VI That the time of the commencement of said corporation shall be the date of the filing Of | the certified copy of these Articles Of IncnrpOr- atiOn the office of the erritorial Auditor of said Territory of Arizona, md the time of the ! termination of said corporation shall be twen- | ty-ive ,25l years thereafter.
 ARTICLE VII. That the officers or per.onS by whom the af fairs of said corporation are to be conducted | are a Board of Directors consisting of five (5l | persons; that the first ard of Directors shall | be elected at the first r eetiug of the corpora | tors Of said corporati and the Directors elected at said meeting shall hold office until | the first annual meetinr of the stockholders of | said cnrporatiOn; that thereaft r said Boaro of Directors shall be elected at each annual meet | ing of the stockholders Of said curDuratiou. | which annual meeting shall be held Ou the | second Tuesday in November of each year. The | Board of Directors at its first meeting after I such election of Directors shall elect a PreS- | dent, and a Nice-PrrSident. who must be tf | their own number and a Treasurer and Sec | retary, and may elect such other officers and | agents {" may be provided for in the Bv- Laws | and the By Laws may provide that the same | person or persons may be elected to hold more | than one of said offices
 AR ICLE VIII That the highest amount of indebtedness or | liability to which said corporation is at any | time to subject itself is 'one) six hundred thou sand dollars (S6O0 coo CO.,
 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
 In Witness Whereof We have hereunto set our hands and seals this sixth day of Decem- Der. 1909.