Arizona republican., 1913-05-17


 buying and selling merchandise and supplies, and any other business ne cessary or convenient to said busi- ness of mining, and the milling. working and reduction of ores to op- 1 crate stores. boarding houses. cleo
 tric power and lighting plants. water power and pipe line plants; to ac- quire, own. develop, hold or dispose l of water rights water power rights. and rights of way for canals. ] ditches, aQueducts and reservoirs; 10 1 acquire, construct, own hold and dis pose of works for the development, transmission and application of DOW CT or mechanical energy. 1 (d) To buy or otherwise acquire manufacture, sell, and deal in any and all products. materials and things used in the business of min Ing and the milling and reduction of i ores; to engage in and conduct the l business of contracting for the con- struction of works for the develop ment, transmission and application l of power or mechanical energy, and to engage in and conduct the busi- ness of developing and transmitting power or mechanical energy, and the selling or otherwise dispOsing of the same.
 (e) To do q general real estate, manufacturing and mercantile busi- l ness.
 l CD To buy or otherwise acquire, 1 own, hold, and sell, or otherwise dis 1 pose of all realestate and personal property of every kind, including | Ct cha 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 l dispose of any of such stocks, shares, bonds and debentures held by it. to 1 the same extent that a natural per son might 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 1 pOratiOn.
 D 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 i 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.
 CD To apply for. obtain. register, purchase, lease or otherwise acquire, and to hold, own. use, operate intro duce. sen assign, or otherwise dispose Of all copyrights and rights analo- gous thereto. and all inventions, inn proVements and processes used in connection with or secured under let ! tcrs patent of the United States, or f any other government. or OtherWise 1 and with a view to the working, de 1 Veloping or selling of the same, or i to use work or develop the same i'll 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 i terms. conditions, securities and in i terest as the board of directors may determine
 CD To do all and everything ne cessary, suitable or proper for the l accomplishment of any of the pur- 1 poses or attainment of any of the objects hereinbefore enumerated. ARTICLE V. 1 The capital stock of this corpora l ton shall be One Million Dollars 1 (S1.O00, ,000) divided into one million 1 shares of the par value of one Dol lar ($1.00) each, and said capital stock shall be issued, fully paid, and 1 non -assessable at such time or times ! tlD ,f1 nate, in exchange for cash, property, 1 services. or other valuable right interest, and the judgment of the board of directors or managing of | ficers as to the ralue 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 Maricopa county. Ari- zona 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 or liabilities whatever.
 ARTICLE VIII.
 The affairs of this corporation shall be conducted by board of five di rectors for the present and the num- Der of members of such board of d- 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 fly, tO-Wit: w. F. Olmstead, F. H. Ottmer. C. w. Taylor, J. F. 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.
 Until their successors shall have been duly elected and qualified the officers of this corporation shall be:
 w F. OmStead, president: