The Coconino sun., 1916-06-30

lishment of any of the purposes for
which the corporation is formed or
obtained by foreclosure of street
assessments or street bonds or liens;
to utilize and dispose of the by-pro-
duct of its business; to purchase, ac-
quire, make US of and dispose of
patents, patent rights, processes, de-
vices, inventions, brands, labels,
trademarks and other rights; to
build, lease, construct and erect paw
ing plants, crushers, mills, store
houses, bins, factories, plants, refine
ries and tanks for oil, asphalt and
other products, and to equip, operate
and maintain the same with all ne
cessary machinery and apparatus;
also to buy, sell, lease and otherwise
acquire and obtain and own and gen.
orally deal in personal property; to
subscribe for, purchase or otherwise
acquire, and to hold, sell, hypothecate
and dispose of stocks, bonds or other
securities or obligations of any cor
poration, domestic or foreign, and to
exercise all the rights and powers in
cidental to such relation; to buy, sell,
hold, hypothecate and dispose of
assessments, warrants, bonds and i'm
provement bonds and certificates of
Indebtedness levied and issued upon or
against private property for the costs
of improvements or such as are the
obligation Of states, counties, munich
palities, districts or divisions; to ex-
change the capital stock of this cor
poration or any part thereof for the
capital stock of other corporations,
and for services or other property
rights or franchises in the dissertation
of the Board of Directors, and gener-
ally to deal in and with every manner
and species of property and to borrow
money and to issue bonds of the cor
poration, and to invest moneys of the
corporation in the same manner as an
individual might do, and generally to
make and execute contracts for the
performance of any Of the powers
above enumerated, and to do any and
every act and thing necessary, proper
or expedient to accomplish or fulfill
any of the purposes above stated, or
the transaction Of any Of the business
therein mentioned.
Third: That the place where the
principal business of the said corpo-
ration is to be tranacted is the city
of Los Angeles, in the County of Los
Angeles, State of California.
Fourth That the terms for which
said corporation is to exist is fifty
(50) year from and after the date Of
its incorporation.
Fifth: That the number of Direct
ors of said corporation shall be five
(5), and that the names and resi-
dences of Directors who are appointed
for the first year are as follows, to
wit:
Name Residences.
C. S. Kent--Los Angeles.
l.. L. Chandler-Los Angeles.
c. w. Sparks-Los Angeles.
F. H. Locher-Los Angeles.
c. d. Tompkins-Los Angeles.
Sixth: That the amount Of the
capital stock of said corporation is
one hundred fifty thousand dollars
($150, 000) and the number of shares
into which it is divided is fifteen
thousand of the par value Of ten dol
lars $4,000 each.
Seventh; That the amount of such
capital stock which has been actually
subscribed is five hundred dollars
| (s500) and the following are the
names of the persons by whom the
same has been subscribed, to wit:
Names of subscribers. No. shares Am
C. S. Kent. ......... 10. $4,000
l.. l.. Chandler. .... 10. $1,000
C. w. Sparks. ..... 10. =. $4,000
F. Fl. Locher. ...... 10. /. $4,000