Arizona republican. [volume] (Phoenix, Ariz.) 1890-1930, 1913-05-22

lIdnSlIlSSlOn ana appllcatlOn OF pow
er or mechanical energy.
Cd To buy or otherwise acquire,
sell, and deal in any
and all products. materials. and
things used in the business OF min
ing and the milling and reduction of !
ores; to engage in and conduct the
business OF contracting for the con-
struction of works for the develop |
ment, transmission and application I
Of power or mechanical energy, and /
to engage in and conduct the bust |
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, /
and mercantile bust !
ness
90 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 natural per-
son might or could do.
(g) To borrow money and execute
notes, bonds. mortgage or deeds of
trust to secure the same.
h 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
ID To acquire or purchase the
good viii 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.
GD 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.
(1) To loan and advance money to
persons or corporations upon such
terms, conditions, securities and in
al,
determine.
% To do all and everything ne
cessary, suitable or proper for the
poses or attainment of any of the
objects hereinbefore enumerated.
ARTICLE V.
The capital stock of this corpora
ton shall be One Million Dollars
(s1,00OO0O) divided into one million
shares of the par value of one Dol
lar (S1.OO) 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 corpora ton shall be the date
of the filing of these articles of in
corporation in the office of the coun-
ty recorder of Maricopa county. Ari-
IONA, and the termination thereof
shall be twenty-five years there
after
ARTICLE VII.
The private property of the MEM
bers, officers and stockholders of
this corporation shall be exempt from
any corporate debts liabilities
whatever
ARTICLE VIII.
The affairs of this corporation shall
be conducted by d board of five di-
rectors for the present and the num-
Der of members of such board of di-
rectoss shall be determined by the
stockholders hereafter, and the fol-
lowing named persons shall consu-
tute the board of directors until their
SUCCESSORS are elected and shall quail
ify, to-wit: w. e. Olmstead, f. IL.
Ottmer c. w Taylor, ]. f. Coonan,
and Phillip Bruce. The board of di-
rectors shall be elected from among
the stockholders on the first Tues
day in August, 1918, and annually
thereafter.
Until their successors shall have
been duly elected and qualified the
officers of this corporation shall be:
w. e. Olmstead, president;
f. H. Ottmer.. vice. president;
c. w. Taylor, secretary;
j. f. Coonan, treasurer.