The Parker post. (Parker, Ariz.) 1910-1918, 1916-12-23

Arizona, shall be at Parker. In the
county of Yuma. and the principal
place OF transacting business outside
of Arizona, shall be at San Diego,
in the county of San Diego and Stat
Of California. and at such other
places as the board of directors may
determine, where meetings Of the
directors may be held and all bust
ness transacted, and the board of dir
rectors shall discontinue meeting
Of said board at pleasure and may
resume or call special meetings out
side Of the state Of Arizona.
ARTICLE III.
The general nature Of the busin ess
proposed to be transacted by said
Company in the state of Arizona
and In the state of California and
in any other state or territory of the
United States are stated and declar-
ed to be as follows:
To-wit, to acquire by purchase,
lease, option, locate, or otherwise
acquire, own, exchange, sell, or other
wise dispose OF, pledge, mortgage,
| hypothecate and deal in mines, min
ing claims, min eral lands, coal lands.
oil lands. timber lands, real and per-
| sonal estate, water, water rights, and
to work, explore, operate and develop
the same and to extract any and all
minerals, petroleum.. naptha, oils and
gas therefrom and deal in the pro-
| ducts and by-products thereof; to
purchase, lease, or otherwise ao1
qudre, erect, own. operate, or sell
smelling and Gre reduction works, oil
refin cries, saw mills and power
plants; to do a gen era1 real estate.
| nufacturing and mercantile bust
ness; to own, handle and control
letters patent and Inventions and
shares of it's own capital stock and
that OF other corporations, and to
cancel and reissue shares of its
! own capital stock; to issue bonds
| notes, debentures and other evil
dsnces Of Indebtedness and to Sc
| cure the payment of the same by
mortgage. deed Of trust or otherwise:
to act as agent. trustee, broker, or
Ia any other fiduciary capacity; to-
borrow and loan money; and in gen
eral to do andperform such acts and
things and transact such business.
not inconsistent with the constitu-
ton and laws of the state of Arizona
and as the board Of directors may
deem to be to the advantage OF said
Corporation.
ARTICLE w.
The authorized amount OF capital
stock OF this Corporation il and shall
be Eleven Hundred Thousand ($1.-.
100000 Dollars divided into Eleven
Hundred Thousand shares of the par,
value Of 81 each. And at such times
al the board Of directors may by res
otution direct, said capital stock
shall be paid into this Corporation,
either in cash or by the sale and
transfer to it Of real or personal
property, contracts, services, or any
other valuable right or thing for the
use and purpose Of said Corporation,
In payment for which, shares OF the
capital s. ock of sald Corporation ma
be issued. and the capital stock so
issued shall thegeupon and thereby
become and be fully paid up and
worcestershire forever, and in the
absence of all actual fraud in the
transa ctdOn OF he business of this
Corporation the judgment of the di
rectors as to the value of the prop
erty purchased shall be conclusive
ARTICLE V.
The time OF the common cement of
said Corporation shall be the date of
che issuing to it of a certificate of
incorporation by theArizona Corpora
ton Commission and the termination
thereof shall be twenty-five years
thereafter with the privilege OF re-
newal as provided by Law.
ARTICLE vi.
The affairs of this Corpora tion
shall be conducted by a Board of Dd.
fectcrs. and such officers as the d.
rectors may elect or appoint, and
the following named shall constitute
the board Of directors until their sue
cessors are elected and have quail
fled: George H. McGinnis, B. l..
Vaughn, D. c. Reed, L. NJ. Arey, and
R. H. Moffitt, Jr. And thereafter tn
board Of directors shall be elected