Arizona republican. [volume] (Phoenix, Ariz.) 1890-1930, 1917-03-23


lands, ores mineral bearing dirt and
rock, water and water rights and ma
chinery of any and all kinds. in the
State of Arizona and elsewhere.
To build, acquire, operate, lease,
buy, sell and deal in mills, shelters,
concentrating and reduction plants,
and any and all kinds of mining ma
chinerE, appliances, tools and equip
ment.
To construct, acquire, own, operate,
sell and dispose of such railroad or
railroads, as may be necessary, con-
venient or eXpedient to connect tho
properties, works and places of bust
mes of this company with any exist
ing railways. turnpikes, or public
highways.
To buy. sell. own, build, construct,
maintain, operate and dispose of tele-
phone and telegraph lines, plants and
equipment whether wireless or OPP
Grated with wires, electrical plants,
machinery, appliances and equipment.
TO own, acquire, buy, build con-
struct, operate, sell and dispose of
canals, fumes, pipe lines and other
equipment, waters, water rights,
! storage dams or reservoirs.
To do a general mining, reduction,
concentrating, smelling, brokerage.
real estate and mercantile business, or
/
! branches
| To buy, own, acquire, handle, con-
| troll lease, sell and deal in letters
patent and inventions of every kind
and nature whatsoever.
TO borrow money, to issue notes
i and bonds and other evidences of in
debtedneSS, and to execute merit
! cages and deeds of trust to secure
the payments of the same; and to
! loan or advance money to individuals,
| firms or corporations on open ac-
count or on personal or corporate
notes of such individuals, firms or
corporations, with or without security.
To buy, own, hold or otherwise ac-
quire. pledge, sell OF otherwise dis
pose of shares of the capital stock OF
/ bonds of this corporation, and also Of
other corporations, including the right
4 to deal in bonds or obligations of any
municipality, state or government
To enter into contracts of all kinds
with firms, individuals, corporations,
and civil, municipal, state or govern
I mental authorities, whenever the
! same shall be authorized by the di-
rectors Of this corporation, or by the
! bylaws Of this company.
TO merge or consolidate this COM
pany with any other corporation or
I corporations, to sell, lease, exchange,
| surrender, or otherwise deal with the
whole Of the undertaking and plop-
erty and rights of this corporation.
or Any part thereof, for such con-
sideration as the board of directors
may think fit. and in particular for
any shares (Whether credited as part
~ or fully paid up. or otherwise)
deDentures or securities of any other
company, and to divide such part or
| parts. as may be determined by the
/ board Of directors, of the purchase
moneys, whether in cash. shares, or
other equivalent which may at any
time be received by this corporation
on a sale, or other dealing with the
whole or part of the property, estate,
effects, and rights of the corpora
ton, amongst its stockholders by way
Of DIVIDENDS or bonus in proportion
to their shares. or otherwise to deal
| with the same as the board of =.
rectors may determine; provided
I however, that such merger, CONSOLE
dation, sale, lease, exchange, sur
/ render or other disposition of the
| property and rights OF this corpora =
ton, shall be. either authorized in the
! premises, or, subsequently ratified by
| the vote or written consent or assent
of q majority of the outstanding and
issued stock of company.
in this Article shall, except where
otherwise herein expressed be in nc
wise limited or restricted by refer
ence to- or inference from, the terms
of any other clause or paragraph IL
these Articles of Incorporation, but
each shall be deemed to be separate
objects of powers, and and each OF
them, shall be deemed to be in
furtherance of, and not in Limitation
: Of hn l.,
the laws of the State of Arizona
This corporation shall have per-
petual succession, may sue and be
sued by its corporate name shall
have q common seal and may altel
it at its pleasure; may render the
shares or interests of its stockhold-
ers transferable and prescribe the
mode of making such transfers; may
establish bylaws and make all rules
and regulations necessary or eXpedi-
emf for tbs management and contro
of its corporate affairs; and in gen.
eral to do each and everything nee
essary, suitable. OF proper for tbs
accomplishment of any of the pur-
poses. or the attainment of any ono
or more of the objects herein enum-
Grated, or which shall at any time
appear conducive to or expedien
for the protection or benefit of this
/ corporation.
ARTICLE V.
: The authorized amount of tn,
Capital Stock of this corporation
, shall be Two Million Five Hundred
/ Thousand and noI10O (s2,50O, 10000
. Dollars, DIVIDED INTO Two Mil
lion. Five Hundred Thousand (2,50O,
000) Shares. of the par value of On.
(Sl0O) Dollar each.
Said Capital Stock shall be paiC
into this corpora ton Immediately up.
on subscription therefor, either il
cash, services, or by the sale o.
; transfer it to for the purposes, us.
. and benefit of the corporation O
} property, real, personal or mixed, o.
any of them, and in payment fo
which, shares of the Capital Stock o
this corporation may be issued, anC
| the stock so issued and when issued
! shall thereupon and thereby becom
! fully paid uD and worcestershire
! and in the absence of actual fraud il
,, the transaction, the judgment of tn
Board of Directors of this compan,
as to the value of the services rend
+ cred or of the property purchased
shall be conclusive.
8 ARTICLE VI.
The time of the commencement o
, this corporation shall be the date o
!. the filing of the original Articles o
Incorporation in the office Of tn
Corporation Commission OF the Stat
of Arizona, and a certified copy there
of in the office Of the County Re
corder of the County of Greenlee
State of Arizona, and the tern.ina
ton thereof shall be twenty five year
| thereafter with the privilege OF re