The copper era and Morenci leader., 1912-11-08
(Continued from Page g.

property, as may De necessary, con- venient or proper for the successful conduct of the business for which this company is organized
 GID To borrow money and incur such indebtedness as in the judgment of it's board Of directors may be deen'- ed necessary or proper in the conduct of it's business, and to issue it's bonds, debentures or other evidences of in- debtedness therefor, and to secure the payment thereof by mortgage or deed of trust upon any or all of the con- pan.' s property, real, personal or mix ed, including any and all rights, priv lifeges or franchises which it may own -T acquire.
 t12) To take over, acquire, pur- :laSe by deed, conveyance, assign ment or otherwise, and in any manner acquire, control, hold, own,- maintain, operate, improve or extend, the tele- phone lines, exchanges and systems, franchises, rights of way, physical Of every kind and character, owned or controlled by the Rocky Mountain Bell Telephone Company in the states lof Utah, Montana, Idaho, Wyoming or elsewhere, and to use or operate the same in connection with or independ- ently of the properties and franchises of this company, located elsewhere
  gage, lease or otherwise dispose of any such physical property, franchises or rights so acquired or to be acquir ed.
 13) To purchase, acquire and take over as a going concern or otherwise, and to carry on, maintain and operate, all or any part of the property, fran chiseS, rights of every kind and char acter or business, of any person, firm or corporation, possessed thereof, which can be- incidentally used for any purposes of this company, or for carrying on any business which this company is authorized to carry on, and as the consideration for the same, to pay cash or to issue any stocks. debentures, bonds, or obligations of this company, and in connection with any such transaction to assume IT guarantee any liabilities relating to the business or property, franchises, rights of every kind or character, or business so purchased, acquired or taken over, and likewise to issue stock for services rendered to this company, and stock issued in pay ment for such property or services shall be full paid stock, and not liable | to any further call or payment there on, and in the absence of actual fraud in the transaction, the juds- 1
 
 of the property purchased or services .endered shall be conclusive.
 14) The board of directors may l by resolution passed by majority of | the whole board, designate in the man l ner provided in the bylaws, three or more of their numebr to constitute | an, executive committee, which com mittee shall act by majority vote of | a quorum, and shall, to the extent [ named in the bylaws have and exer- else the management of the business and. affairs of the company subject, ] however, to the approval and direction . of the board, of directors. 4 (15} Generally to carry on under k take any and.aI business of the same Z general nature, which from time to f time seem to the directors of this ly carried on~in connection with the n above mentioned .objects,or calculated directly or indirectly: to render, valu- able or enhance any of the company's privileges or rights. +'~'' @ HI. :1
 The lines of telephone and tele- graph of this company shall begin at Denver, Colorado, and shall pass into and through every county in the state of Colorado and into and to all the cities and towns thereof, and out ( of the state of Colorado into the terri tories of New Mexico, and Arizona and the states of Utah; Montana, Idaho and Wyoming and adjoining states, and shall pass into and through ever' of said states and territories and into and.- to all cities and towns thereof. : o-is-<- -I
 ,-4 .., .a,1.z.--s -IN--- .
 The capital stock or -oar said com- { pany is fifty million, ( $50, ,000, 100000 dollars, divided. into five s' hundred , thousand (500,e0O.) shares of the pa: value of one; hundred ($100.00) dor ars each. >-.
 The number of directors of our said f shall be eleven (11), ani 9. B. Field, Edw. B. Field, Jr., Craw- ord Hill, Edwin s. Kassler, Philip c w. l.. Graham, A. V. Hunt 1T, E. M. Burgess, Philip Hamlin, l.. t. C 'hipps, Jr, and J. E.. Macdonald are hereby designated and shall constith- e the board of directors who shall I manage the affairs of said company f md serve for one year and until their successors are elected and qualified.
 VI.e
 The term of existence of said cor t ,oration shall be twenty (20) years. The principal business of this com- ,any shall be carried on in thecity and of Denver and busniess may t lso be carried on in every county of l, he state of Colorado, and in such r IT all of the counties of the states of :tah, Wyoming Idaho and Montana, nd the territories of Arizona and lew Mexico, and in such other states, u erritories or colonies of the United II 'tates, or of any foreign country, as 0 the board of directors may seeIl u eceSsary, convenient or proper. 0
 VIII. Il The principal office of this con- il any shall be in the city and county