Arizona republican., 1913-05-21

! ness Of developing and transmitting
! power or mechanical energy, and the
! selling or otherwise disposing of the
! same.
! (e) To do a general real estate,
| manufacturing and mercantile bust
ness
! (O To buy or otherwise acquire,
| own. hold. and sell. or otherwise dis
| pose OF all realestate and personal
property of every kind, including
stock. shares, bonds and debentures
of other corporations. and to exer-
else in respect of such any and all
rights, powers and privileges of in
dividual owners thereof, including the
right to vote. sell. hypothecate and
! dispose OF any of such stocks, shares,
bonds and debentures held by it. to
the same extent that a natural per-
son might or could do.
60 To borrow money and execute
| notes, bonds. mortgage or deeds of
trust to secure the same.
I'D To associate with any other
person or corporation for the pur-
! pose Of furthering the interest. or for
the profit in any way OF this cor
! pOration.
il To acquire or purchase the
good Will Of the business and rights
and property Of every kind, and the
whole or any part thereof of the as
sets. property, shares. stock, bonds
or debenture of any person, firm,
association or corporation. and to
pay for the same in cash, shares of
stock of this corporation. bonds or
! otherwise.
81 To apply for, obtain, register.
| purchase, lease or otherwise acquire,
and to hold. own, use, operate, intro
duce, sell, assign, or otherwise dispose
/ OF all copyrights and rights analo-
gous thereto, and all inventions, i'm
provements and processes used in
/ connection with or secured under let
tiers patent of the United States, or
any other government, or otherwise;
and with a view to the working, de-
veloping or selling of the same, or
TO use. work or develop the same in
connection with the business of min
ing or milling, working or reducing
/ Of ores
( Ck) To loan and advance money to
/ persons or corporations upon such
terms, conditions. securities and in
terest as the board of directors may
determine
| ID To do all and everything ne
| cessary. suitable or proper for the
accomplishment OF any Of the pur-
poses or attainment of any Of the
objects hereinbefore enumerated.
ARTICLE Y.
The capital stock of this corpora
ton shall be One Million Dollars
| Isl 900, 0O0) divided into one million
| shares OF the par value of one Dol
| lar ($1.00) each, and said capital
stock shall be issued, fully paid, and
| non -assessable at such time or times
! as the board of directors may desig-
nate, in exchange for cash. property,
services, or other valuable right or
interest, and the judgment of the
! board Of directors or managing Of
| ficers as to the value thereof shall
| be conclusive.
ARTICLE VI.
The time of the commencement of
this corporation shall be the date
of the filing of these articles of in
corporation in the office of the coun-
! ty recorder of Mdricopa county, Ari-
! zona and the termination thereof
shall be twenty-five years there
after. -IE
ARTICLE VII
The private property of the mem
bers, officers and stockholders Of
this corporation shall be exempt from
any corporate debts or liabilities
whatever.
ARTICLE VIII.
The affairs of this corporation shall
be conducted by a board of five di-
rectors for the present and the num-
Der of members of such board of di-
rectOrS shall be determined by the
stockholders hereafter and the fol-
| lowing named persons shall consti-
/ tute the board of directors until their
| successors are elected and shall quail
| ify, to-Wit: w. f. Olmstead, F. II.
Ottmer. c. w. Taylor. J. +. Coonan.
| and Phillip Bruce The board of di-
rectors shall be elected from among
the stockholders on the first Tues
day in August, 1913, and annually
| thereafter
been duly elected and qualified the
| officers of this corporation shall be:
w. F. Olmstead, president;
F. II. Ottmer, president;
| C. w. Taylor, secretary;
! J. +. Coonan, treasurer.
! Vacancies in the board of directors
may be filled by majority of the
remaining directors of the corpora
| ton.
ARTICLE TX.
| The regular annual meeting of the
! stockholders shall be neld at such
office of the company as the board
| Of directors may direct on the first
| Tuesday in August Of each year,
at which meeting among other bust
ness transacted, the board of direc-
tors shall be elected from among the