Arizona sentinel and Yuma weekly examiner., 1911-10-05


 plants, railroads and tramways to lead from the company's principal works, and steam, electric and motor rail- roads to serve as common carriers and otherwise, outside the territory of Arizona; to do general manufactur- ing and mercantile business; to own, handle and control letters patent and inventions; to own cancel and re-is- sue shares of it's own capital stock and to own and vote shares of other corporations, to issue bonds, notes, and other evidences of indebtedness, and to secure the payment of the same by mortgage, deed of trust, or otherwise; to act as agent, trustee, broker, or in any other fiduciary ca pacity, and to borrow and loan mon .ey, and in general to exercise and possess all the powers and privileges that private individuals and natural persons now enjoy.
 Fourth. The authorized amount of capital stock of the corporaton shall be Two Hundred Thousand (S20o,O dollars, divided into two hundred thousand shares, of the par value of one dollar ($1) each. All to be com mon stock; said capital stock may be paid into this corporation, either in cash, or by the sale. to it and trans ferring to it of real, personal or mix ed property, for the use and benefit and possession of this corporation. in payment for which, shares of capital stock of this corporation may be is- sued, and the capital stock so ssued shall thereby become and be, fully paid and non-assessable, and in the transaction, the judgment of the di- rectors as to the value of the property so purchased, shall be conclusive.
 Fifth All stock shall be non-as- sessable and shall be fully paid up before issued.
 Sixth. The time for the commence ment of this corporation shall be the date of filing these. articles in the of flee of the county recorder of Yuma county, territory of Arizona and the termination thereof twenty-five years thereafter.
 Seventh. The affairs of this cor poration shall be conducted by a board of seven directors, until the second Monday, in January, 1912, when board of seven directors shall be elected from among the stockholders The following named shall constitute the board of directors until their suc- cessors are elected, to-wit: Charles M. King. Robert B. Pate, Fred Kuchler, James Brumby, F, L. Balkwill, Walter A. Scott and Walter H. Scott.
 The officers of said corporation un- til their successors are elected shall be Charles M. King, President; Rob- ert B. Pate, vice president, and Fred Kuchler, secretary and treasurer
 Eighth. The highest amount of in- debtedness or~ liability to which this corporation at any time, to be sub ject to, or subject itself shall be ten thousand ($1O,0OO) dollars.
 Ninth. The private property of the stockholders of this corporation shall not be liable for, and shall be exempt rom corporate debts of any and every kind whatever.
 Tenth. These articles may be at any regular meeting, or special meeting, of the stockholders ,alled for that purpose.
 In witness whereof, we have here into set our hands and seals, this Fist lay of August, A. D., 1911. SeaD Charles M. King, SeaD Robert B. Pate SeaD Fred Kuchler tate of California,
 County of Sacramento, ss:
 Before me, W. S. Hunter, a notary ublic in and for the county of Sacra- lento, State of California, on this day ersonally appeared Charles M. King, -obert B. Pate and Fred Kuchler, nown to me to be the persons whose ames are subscribed to the foregoing lstrument and acknowledged to me lat they executed the same for the urpose and consideration therein ex- ressed.
 Given under my hand and seal of 'fice this Fist day of August, A. D., III. ...- .,.
 w & HITNTER