The copper era and Morenci leader., 1917-03-23

 such acts and things and transact | such business in connecton with the l foregoing objects not inconsistent | with law, in any part of the world, as the Board of Directors may deem of advantage to the corporation.
 ARTICLE III.
 The capital stock of the corporation shall be fifty thousand (S50,00O) di- vided into one thousand shares of the par value of fifty ($50 .00) dollars each, which shall be paid in, at such time as the Board of Directors may designate, in cash, real or personal property, services, lease, option to purchase, or any other valuable right or thing, for the uses or purpose of the corporation, and all shares of capital stock, when issued in exchange here for, shall hereupon and thereby be- come and be fully paid the same as though paid for in cash at par, and shall be non-assessable forever; and the judgment of the directors as to i the value of any property, right or thing acquire din exchange for capital stock shall be conclusive. | ARTICLE W.
 The commencement of the corpora tion shall be the date of the issuance to it of a certificate of incorporation by the Arizona Corporation Commis- sion, and it shall endure for the full term of twenty-five years thereafter, with the privilege of perpetual suc- cession as provided by statute.
 ARTICLE V.
 The affairs of the corporation shall be conducted by a board of directors andj such officers as the boadr of di- rectors may elect or appoint. The number of the directors shall be de- slgnated by the bylaws and shall be elected from among the stockholders at their annual meeting to be held on the first Monday in February of each year.
 I Until the first annual meeting of the stockholders and until their suc- cessors have been elected and have { been qualified, the following named persons shall be the officers and dt { rectors:
 D. L. Bouse. ... President A. A. Michael. ,. Vice. erPresident M. T. Anderson. =. Sec. Treas. ARTICLE VI.
 The directors shall have power tc adopt, amend and rescind bylaws, to
 fill vacancies occurring in the board
 from any cause, and to appoint from
 their own number an executive com
 mittee and to vest said committed
 with all the powers granted the direc 1, tors by these articles.
 ARTICLE VII.
 The highest amount of indebted ness or liability to which the corpora ion may at any one time subject itsel : is twenty-five thousand ($25,00O) dol 1, lars.
 ARTICLE VIII. f Tho rriuofa nf the ct0nk : holders of the corporation shall b' z forever exempt from it's debts or ob t legations.
 4 ARTICLE TX. The corporation docs hereby ap ! point D. L. Bouse, of Morenci, Ari | zona, who has been bona fide resi- g dent of the State of Arizona at leas y three years, it's lawful agent in ant j. for the State of Arizona for and in be | half of said company, to accept and ac | knowledge service of, and upon whom ! may be served, all necessary process z es in any action, suit or proceedin; 2 that may be had or brought agains :, the said company in any of the court | of tie said State of Arizona, such SCI > vice of process or notice, or the ac s ceptance thereof by the said agent CT I dorsed thereon. to have the same l. force and effect as if served upon tn f president and secretary of said con V Eany.
 't In witness whereof, we have here z unto affixed our signatures and seal 4 this 7th day of February, 1917. 4 D. L. BOUSE (Seal $ A. A. MICHAEL (Seal e M. T. ANDERSON (Seal 'f State of Arizona,
 g. County of Greenlee, ss. V- Before me, Dave W. Ling, a N D. tary Public, in and for the State an n County aforesaid personally appeare st M. T. Anderson, D. L. Bouse an
 A. A. Michael known to me to be tn
 parties who signed the foregoing A le ticles of Incorporation and several [6 acknowledged to me that they ex
 cuted the same for the purpose an consideration therein expressed.
 Given under my hand and seal ( 5: office this 7th day of February, 1917 s- (Seall DAVE W. LING, of Notary Public vs My commission expires Feb. g, 192'