Arizona republican., 1913-03-20

Directors may designate i'll money, or it's equivalent, in labor property or other valuable right or thing, and the judgment of the Board of Direc- tors shall be conclusive as to the 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.
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 The general business of the cor poration shall be to acquire, by pur- chase. exchange, contract or lease, in the State of Iowa or any other part of the United States, real es
 tate for the purpose of quarrying rock, granite. marble or any other mineral therefrom, for sale either in it's natural condition, or by prepar- ing the same for any purpose for which it may or can be used, and selling the same in such quantities and at such place or places as. in the judgment of the Directors, shall be to the interest of the corpora ton: and the sale of any and all byproducts resulting from the quar- rying of the minerals herein re- ferred to- either in their natural condition. or changing such condi- ton by combining herewith other substances or materials and said corporation may engage in the manu- i fracture of cement, brick and tile, ID l buying and selling merchandise ma chinery and tools, and in the op- eration of it's lands for agricultural | purposes: and said corporation may | engage in any other business that
 the Directors may deem advantage i OuS in connection with that herein | specified: and for the purposes for which this corporation is organized, l it may acquire machinery. tools and 1 implements, and all other property l necessary in the transaction of the business for which the corporation | is organized and it may erect. or | cause to be erected, buildings, either 1 for machinery, or stores or ware | houses, or for residences for its em- | ployes. or for any other purpose | necessary in the transaction of the | business for which the corporation IS l organized It may lease, construct | equip and operate such tramWays railways or other means of trans | portation as may be necessary m the l prosecution of it's business, and may acquire. by lease or purchase, ease ments or rights-o over real l estate not owned by it. for the pur- 1 poses herein specified. It shall have the right to sell and convey any anC all real or personal estate acquired
 under the provisions of these articles
 and to purchase such other real ant
 personal property as may be usefu
 in the prosecution of it's business Ii shall have the right to borrow
 money and execute proper evidence:
 of indebtedness therefor, and ma! secure the same with the consen of the majority of the capital stock
 by real or chattel mortgages on an, } prODertv owned by the corporation
 and this corporation shall have tn
 right to do all things necessary an convenient to be done to carry Ou 2 all of the purposes for which it i organized.
 The affairs of this corporatlo | shall be conducted by a Board c r rot less than five (5), nor more tha i nine (9), Directors, who shall b