Arizona republican., 1918-04-26
in the products and by-products

.n 1Ho p'VoUSts anu py-PiouuSlS thereof:
 (b) to carry on the business of | wholesale and retail ! importers, exporters, and | distributors generally and specifically | in each. every and all branches; to deal | in chemicals, pharmaceutical, medici- l nal and other preparations and appa ratus; to act as forwarding agents and 1 maintain and operate storage ware houses; to own, acquire, handle. control and sell letters patent and inventions. patent rights. formulas and secret processes for the manufacture of any article of commercial value:
 Co to undertake and carry on any business, transaction, or operation commonly undertaken or carried on by contractors, capitalists, financiers, and generally to institute, enter into, per form and participate in financial, com mercial, mercantile, industrial and oth- CT business. works, contracts, under takings and operations; to hold in trust, issue on commissions, make, ad- vance upon, sell or dispose of any of the undertakings aforesaid, and to act as financial agents, brokers, fiscal agents or in any fiduciary capacity; to obtain the grant of, purchase, or other wise acquire any concessions. rights, patents, trade marks, privileges, un- dertakings or business. or any right option or contract, and to develop and turn to account, maintain, dispose of, and deal in and with the same:
 (d) to own, cancel and reissue shares of its own capital stock and to own and vote shares of other corpora tions; to issue bonds, notes and other evidences of indebtedness and to se- cure the payment of the same by mort gage, deed of trust. or otherwise; to issue shares, notes, stocks, debentures, debenture stocks, bonds, and other ob- legations, and to invest the proceeds thereof and hold, sell and deal in and with stocks, bonds. debentures and se- curities of all kinds, of any Govern ment, State, Municipality, Corporation, Firm or Individual: to make, advance upon, own, hold in trust, issue on com mission, or otherwise, sell or otherwise dispose of any of the investments aforesaid and to vote any shares of stock owned by it the same as a nat ural person might do; to borrow and loan money; to engage in the business of brokerage, generally and specifical- ly in all It's branches:
 (e) to buy, sell, own, hold, lease, mortgage and generally to deal in real estate of every kind and character; to acquire in any, lawful manner lands and concessions of any and all kinds and to own, hold. improve and dispose of the same: to layout, sub-divide, survey and plat any of said lands in any way it may think proper and to appropriate, dedicate, mortgage, con- vey in trust, sell. grant, lease, or other wise dispose of any lands owned, held or controlled by it; to construct, erect and maintain houses, buildings, works or improvements of any kind on said lands or elsewhere, and to rent, lease, sell, or otherwise dispose of or deal with the same or any interest therein:
 CD to construct, own, lease, equip, operate and manage, vehicles and ves- sels of all kinds and description, in cluding airships:
 (g) to engage in and carry on the business of common carriers, generally and specifically in all its branches and to do and perform all such matters and things as are incidental thereto: (h) to generate, buy and sell light, heat and power;
 U) to develop natural products: G) to engage in a general manufac- turing and mercantile business: (k) and in general to do and per- form such things and transact such business, not inconsistent with law, in any part of the world, as the Board of Directors may deem to the advantage of the corporation.
 Article III
 The amount of the authorized capi- tai stock of the corporation is one hundred thousand '(s100,oo0) Dollars divided into one hundred thousand shares of capital stock of the par value of one CsD Dollar per share, which shall be paid in, at such time as the Board of Directors may designate, in cash. real or personal property. ser vice. lease, option to purchase, or any other valuable right or thing. for the uses of the corporation, and all shares 1 of capital stock when issued in ex- change therefor, shall thereupon and | thereby become and be full-paid the same as though paid for in cash al par, and shall be non -assessable for ever; and the judgment of the Board of Directors as to the value of any property, right or thing acquired in ex- l change for capital stock shall be con. elusive.
 Article ".
 The time of the commencement o the corporation shall be the day these Articles are filed in accordance witt | law. and the termination thereof shal l with privilege of renewal and right o perpetual succession as now provided by law.
 Article V.
 The affairs of this corporation shal be administered by Board of not les! than three nor more than seven Di rectors, by whom a President and Vice President shall be elected and Seere tary and Treasurer appointed. The Directors shall be elected by ana from among the stockholders at tn, annual meeting of the stockholder which shall be held on the secon, Tuesday in April of each year. Until their successors are elected an, qualified the following named person shall be the Directors and officers: President, Director, A. G. HULETT. Vice. President, Director, M. J. Nor ley.
 Secretary and Treasurer, Director Doane Merrill
 Article VI.
 The Directors shall adopt Bylaw for the government of the Corporation and may amend the same. They shal have full power to fill vacancies oc curing in the Board from any cause and to appoint from among thei number an Executive Committee whic to the extent provided by resolution o by the said Bylaws, shall have an exercise the powers granted the Direc tors by these Articles.
 Article VII.
 The highest amount of liability | which the corporation shall at an . time subject itself shall not exceed tw thirds of its capitalization.
 Article VIII. , The private property of the stock holders of the corporation shall be for ever exempt from liability for cor