Arizona republican., 1913-03-24

or It's eQulNalent, III ldpoi, pAoPoi'S or other valuable right or thing, and the judgment of the Board of Dlrec- tors shall be conclusive as to the I value of any such equivalent re- ,ceived in payment for stock other than money. Each holder of the capital stock of this corporation shall be entitled to one CD vote for each share of stock so held by him. which may be cast in person or by written proxy. Transfers of stock shall be effected by endorsement of the holders certificate and proper notation of such transfer upon the books of the corporation.
 w.
 The general business of the cor poration shall be to acquire, by pur- 1 chase, exchange, contract or lease, !! l in the State of Iowa or any other l part of the United States real es- | tate, for the purpose of quarrylng rock, granite, marble or any other mineral therefrom, for sale either m it's natural condition, or by prepar- ing the same for any purpose for which it may or can be used, ana selling the same in such quantities and at such place or places as, III the judgment of the Directors. shall be to the interest of the corpora ton: and the sale of any and all , ibyproducts resulting from the quar- rying of the minerals herein re- ferred to, either in their natural condition, or changing such condl- ton by combining herewith other substances or materials; and sald . corporation may engage in the manu- ,, facture of cement, brick and tile, III r buying and selling merchandise. ma chinery and tools, and in the op- eration of its lands for agricultural ! nurposes; and said corporation may angaga in any other business tnat the Directors may deem advantage ous in connection with that herein
 specified: and for the purposes doi
 which this corporation is organized
 if may acquire machinery, tools anc i,nplements and all other property
 necessary in the transaction of th'
 husiness for which the corporation ia organized. and it may erect. o e. cause to be erected, buildings, elthe 1t for machinery. or stores or ware if houses. or for residences for its em
 ployes or for any other purpos
 racassarv in the transaction of tn ds business for which the corporation he organized. It may lease, cons'ruc mt eouip and operate such tramway! tZ, | railways or other means Of trans Til portation as may be necessary i'll tn fg, prosecution of it's business, and ma of acouire by lease or purchase. ease he ments or rights s-of-way over re; he estate not owned by it, for the pun I ;aI 60 the right to sell and convey any ar -pe all real or personal estate acquils ith rnder inc provisions of these article Jus and to purchase such other real al md personal property as may De usel nal in the prosecution of it's pushes cle 1t shall have the right to porfo lge money and execute proper eVloenc ter of indebtedness therefor, ana m 'm- secure the same, with the conse 'iv- of the majority of the capltal s'o' is by real or chattel mortgages on a
 property owned by the corpordtlo
 and this corporation shall nave
 right to do all things necessary a
 convenient to be done to carry OF all of the purposes for which II OF organized.
 tion The affairs of this corporal Im shall be conducted by a Board ! of not less than five (5). nor more u
 nine (e). Directors. who shall Real elected from the stockholders
 their annual meeting. and, subject Hon. the provisions herein contair Su- shall hold their office for one ,nty, tvear or until their successors reby elected and qualify by signifylng lter- writing their acceptance or Mis- trnst From it's members said Be the may elect a President and flute President, and shall also elect lere Treasurer and Secretary who may n on may not be stockholders. A 1913, iority of the whole number of ar as Directors elected and who shall ourt- qualified shall be necessary to )ora- stitute a quorum and to enable sell Board to transact any business. Block ma iority of the capital stock $ gom- have the right to terminate the 'enix ficial connection of any of its
 lrectors or officers at any reg seal or special meeting of the st day holders.
 AS, The Directors shall have pOwe Clerk. adopt amend and rescind Bylaws
 to fill vacancies occurring m
 Board of Directors. or any other TON fices of the corporation. from
 cause, and to appoint from their
 number an Executive Committee
 vest said committee with all 1ESE powers granted to the Director nder- these articles.
 our VII.
 sI The highest amount of indel ness to which this corporation ia" subject itself at any time shall 'ia' exceed two-thirds (2-3) ot oiiow amount of its capital stock.
 VIII.
 The commencement of the sna'i poration shall be the day these CoM- ticles are filed with the Cor e III tion Commission of Arizona. and aho corporation shall endure for the term of twenty-five (25) years | lriihs after. with privilege of perI 'e oi succession, as provided by stat
 TX.
 'rhhs Special meetings of the s lte oi holders may be called by the
 dent or Vice President. by o"' ten OO) days notice in wriul