Williams news., 1911-12-09
to erect or otherwise acquire heating and re-

to erect or otherwise acquire heating and re
 frigerating plants and sell or otherwise dispose
 of the use thereof; to erect, construct or other
 wise acquire reservoirs for the impounding oi
 water for irrigation, domestic and power pur
 poses and canals, ditches, fumes, gates and
 other appliances and works for the conveyance ofwater for any of said purposes; to 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 1 for irrigation, power. domestic and stock pur.
 poses; to buy, breed, grow and otherwise &C., 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- tion 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 pose of. smelling and ore reduction works. oil refineries, to do general manufacturing and mercantile business; 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 tha mi If hpr af 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 f1duciary 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 i of the world.
 ARTICLE III.
 The authorized amount of capital stock of
 he corporation is Ten Million Dollars ($10 900 .
 no.0o) divided into One Million q. 900 0oo,
 shares of the par value of Ten Dollars ($i00O)
 sch. which shall be paid in at such times and
 in such manner as the Board of Directors may
 designate Tn cash. real or personal property.
 services. optioneto purchase, or any other val
 uable right or thing, for the uses ana purposes
 If the corporation. and all shares of capital
 stock, when issued in exchange therefor, shall
 thereupon and thereby be and become full
 paid. the same as though paid for in cash, at
 par, and shall be and become forever non-as. sessable for 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 shall be conclusive.
 ARTICLE W.
 The time of the commencement of tbe eorpor. ation shall be the day these Articles of Incor. 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 6 Board of three Directors. The Board of Directors shall be elected from among and by | the stockholders on the first Monday of Decem ber: in each year and until the first annual meeting. and until their successors are duly elected and have qualified, the following named 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 (s). The stockholders shall adopt Bylaws for the government of the corporation. ARTICLE VI.
 The highest amount of indebtedness oi l liability. direct or contingent, to which the corporation Is at at any time subject, shall be Six Million Dollars (s6,ooo. 900 0O), 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
 titled to vote at such meeting may be voted by proxy, in such manner as the Bylaws may provide.
 INWITNEss wHEREoF,>w have hereunto sci
 our hands and seals this 1lth day of No vember, 1911.
 EDWARD B. PERRIN. sR., tseall EDWARD B. PERRIN. JR., [SealJ LILO M. PERRIN. JR. [Seall | TERRITORY OF ARIZONA,
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