Williams news., 1911-12-23

frigeratfng plants and sell or otherwise dispose of the use thereof; to erect, construct or other. wise acquire reservoirs for the impending of water for irrigation, domestic and power pur poses and canals, ditches, fumes, gates and other appliances and works for the conveyance of water for any of said purposes; tn supply water for irrigation, power, domestic and stock purposes; to develop subterranean sources of water supply and to construct and otherwise acquire. install and operate the necessary works to make the water therefrom available for irrigation, power. domestic and stock pur- poses; to buy, breed, grow and otherwise ac- quire and to sell and otherwise deal in and with cattle, sheep, horses, mules and other do- nestle live stock; to grow, buy, sell, and other wise deal in wool; to cut timber and sell the same; to manufacture and deal in lumber and fuel of all kinds; to purchase. lease, bond, op- tien. or otherwise acquire, own. exchange, sell or otherwise dispose of; pledge, mortgage, hy- pothecate and deal in mines and mining claims and all kinds of ores, metals and minerals, oils, gas and coal mineral lands, coal lands, oil lands, timber lands, water and water rights. and all other property both real and personal and to work, explore. operate, mine and de velop the same; and to deal in the products and by-products thereof; to purchase, lease or otherwise acquire. erect, own, operate, and dis pOSC Ois SluclliuS duu Orc EcuucLlOn WOIkS, Vll refneries, to do general manufacturing and mercantile busfness; to own, handle and con trol letters patent, inventions and franchises; to purchase own, hold, cancel and reissue shares of its own capital stock and to own shares of the capital stock of other corpora tiOns, to issue bonds, notes, debentures, and other evidences of indebtedness and to secure the payment of the same by mortgage, deed of trust or otherwise and to exercise in respect thereto and to all shares of capital stock and other securities and obligations, any and all the rights, powers and privileges of natural person; to act as agent, trustee, broker, or in any other fiduciary capacity; to borrow and loan money, and in general to do all things necessary or convenient to the proper conduct of the business of the corporation in any part of the world.
 ARTICLE III.
 The authorized amount of capital stock of the corporation is Ten Million Dollars ts1O, ,o00- ooo.oO), divided into One Million q ,OO0,00o) shares of the par value of Ten Dollars (slo.oo) each. which shall be paid in at such times and in such manner as the Board of Directors may designate in cash, real or personal property. services, option to purchase, or any other val uable right or thing, for the uses ana purposes of the corporation, and all shares of capital stock, when issued in exchange therefor, shall thereupon and thereby be and become full bald, the same as though paid for in cash, at par, and shall be and become forever non -as sessable tor any purpose whatsoever, and the judgment of the Board of Directors as to the value of any such property, services. right or thing acquired In exchange for Capital Stock
 ARTICLE ".
 The time of the commencement of tbe eorpor- lat ebo11 ho ho q rf poration are filed in accordance with law and the termination thereof shall be twenty-five years thereafter, with privilege of renewal for like periods, as provided by law. ARTICLE V. The affairs of the corporation shall be con- ducted by Board of three Directors. The Board of Directors shall be elected from among and by the stockholders on the first Monday of Decem- Der in each year and until the first annual meeting and until their successors are duly elected and have qualified, the following named persons shall constitute the Board of Directors Edward B. Perrin, ST., Edward B. Perrin. Jr., and Lilo NJ. Perrin Jr. The number of Directors may be increased by the Bylaws not to exceed nine (9). 4 The stockholders shall adopt Bylaws for the government of the corporation.
 | ARTICLE VI.
 
 liability. direct or contingent, to which the corporation is at at any time subject, shall be Six Million Dollars (s6,ooo. 900 oo). which amount does not exceed two thirds the | amount of the capital stock.
 ARTICLE VII.
 All private property owned by stockholders shall be forever exempt from the debts and obligations of the corporation.
 ARTICLE VIII
 At any meeting of the stockholders of the corporation, any shares of its capital stock en- l titled to vote at such meeting may be voted by proxy, in such manner as the Bylaws may provide.
 IN WITNESS WHEREOF, we have hereunto set 1 our hands and seals this 1lth day of No. yember, 1911.
 EDWARD B. PERRIN. SR., lseall | EDWARD B. PERRIN. JR., tseall