The Parker post., 1917-04-07

prOuuCLS anu Dy-pfOuuCIS IHofeOl
to purchase, lease or otherwise ac-
quire, erect, own, operate and sell
milling, smelling and other ore re-
ductiOn works, oil refneries, saw
mills, clay works, power plants, rail
roads and tramways to lead from
the company's principal works; to do
a general manufacturing and mer-
camille business; to own, handle, and
control letters patent and inven-
tions; to own, cancel and reissue
shares of it's own capital stock and
to own and vote shares OF other cor
poratiOns, to issue bonds, notes and
other evidences of Indebtedness and
to secure the payment of the same
by mortgage or deed of trust, or
otherwise; to act as agent, trustee
or broker, and to borrow and loan
money; and in general to do and
perform such acts and things and
transact such business, not incon-
sistent with law, in any part of the
world, as the board Of directors may
deem to the advantage of the cOrpOr-
alton.
ARTICLE III.
The amount of the authorized cap
ital stock of the corporation is One
Million Dollars ($1,OOO,OOO), di-
vided into one million G,000,000)
shares of the par value of One Dol
lar ($1.OO) 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 and purposes of the cOrpor
alton, and all shares of capital stock,
when issued in exchange therefor,
shall thereupOn and thereby be-
come and be full-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
the value of any property, right or
thing acquired in exchange for cap
ital stock shall be conclusive.
ARTICLE ".
The time of the commencement of
the corporation shall be the day
these articles are filed in accordance
with law, and the termination there
Of shall be twenty-five years there
after, with privilege of renewal and
right of perpetual succession as now
provided by law.
ARTICLE V.
The affairs of this corporation
shall be conducted by a board of di-
rectors of such number as shall be
fixed by the bylaws, but not less
than three or more than seven di-
rectOrs, by whom a president and
vice-president shall be elected and
secretary and treasurer appointed.
The directors shall be elected by and
from among the stockholders on the
first Monday in February of each
year. Until their successors are cleo
ted and qualified, the following
named persons shall be the directors
and officers as stated: M. E. Priest.
director and president; Fl. c.. Nat
ter, director, secretary and treasur
er; G. c. Spicer. director.
ARTICLE Vi.
The directors shall adopt bylaws
for the government of the corpora
tiOn and may amend the same. They
shall have power to fill vacancies oc-
curing in the board of directors
from any cause, and to appoint from
among their number an executive
committee which, to the extent pro-
vided by resolution or by the said
bylaws, shall have and exercise the
powers granted the directors by these
Articles.
ARTICLE VII.
The highest amount of Indebted
ness or liability to which the cor
poratiOn is at any time to subject
itself is Six Hundred Fifty Thousand
Dollars ($65O,00O)
ARTICLE VIII.
The private property Of the stock
holders of the corporation shall be
forever exempt from corporate DEBTS
Of any kini whatsoever
ARTICLE TX.
This corporation hereby appoints,
authorizes and empowers o. NJ
Spence, of Parker, Arizona, it's resi-
dent agent for the acceptance Of
service of all necessary process in
any action, suit or proceeding that
may be had or brought against this
company in any of the courts of the
State of Arizona
IN WITNESS WHEREOF, We
hereto affix out signatures this Sth
day of February, 1917.
c. G. SPICER (SEAL)
IT. c. NATTER (SEAL)
State of California, County of Los
Angeles-ss.
Before me, Mary e. Priest, No
tary Public in and for the county
and state aforesaid, on this day per-
sonally appeared c. G. Spicer and
H. G. Natter, known to me to be
the same persons who signed the
foregoing instrument, and acknowl-
edged to me that they executed the
same for the uses and purposes there
in mentioned
Given under my hand and seal
of office this Sth day of February,
1917.
My commission will expire on the
9th day of December, 1919.
(SEAL) MARY E. PRIEST,
Notary Public in and for the Coun-
ty Of Los Angeles, State Of Cali
fornia.
Filed in the Office of the Arizona
Corporation Commission, Feb. 10,
1917.