Arizona republican., 1918-01-05


 otherwise dispose of, without limit as to amount, within or without the State of California, and in any part of- the world, personal property or real estate and real property and any interest and rights therein.
 (k) To acquire the good will, rights and property of all kinds, and to undertake the whole or any part of the assets and liabilities of any person, firm, association or corpora ton, and to pay for the same in cash, stock of this Company, bonds or other wise.
 tL) To apply for, obtain, register, purchase. lease or otherwise acquire, ana to hold, own, use, operate, intro- duce and sell, assign, or otherwise dispose of, any and all trade marks, trade names and distinctive marks and all inventions, improvements, and processes used in connection with or secured under Letters Patent of the
 United States or elsewhere. or other wise, and to use. exercise. develop, grant licenses in respect of, or other wise turn to account any such trade marks. patents, licenses, concessions, processes and the like, or any such property, rights, and information SC acquired, and with a view to the working and development of the same,
 to carry on any business, whether
 mining, manufacturing or otherwise,
 which the Corporation may think cal ! culated, directly or indirectly to ef- fectuate these objects.
 (M) To hold, purchase or otherwise
 acquire, to sell, assign, transfer. mort
 gage, pledge or otherwise dispose of
 shares of the capital stock. bonds, or
 other evidences of indebtedness created | by other corporation or corporations,
 and while the holder of such stock to
 exercise all the rights and privileges
 of ownership, including the right to
 vote thereon, to the same extent as a
 natural person might or could do. To acquire, take, hold and manage the
 shares of the capital stock of this cor
 poration as security for or in payment
 or satisfaction of any indebtedness,
 obligation or liability due or owing to it; to loan its money and rent its
 property; to borrow and hire neces-
 sary money or other property; and to
 issue bonds, debentvves, or obligations
 of the Company and to secure the
 same by mortgage or Deed of Trust
 or pledge or lien on any or all of the
 real or personal property of the Com-
 pany, and to sell or otherwise dispose
 of any or all of the same.
 (N) To purchase, lease, exchange
 
 rights. privileges, permits or franchises
 suitable or convenient for any of the
 purposes of it's business; to erect and l construct. make, improve or subscribe l towards the construction, making ana , improvement of mills, factories, store 1 houses, buildings, roads, docks. piers wharves. houses for employees an( others, and works of all kinds. (O) To make and enter into con tracts of every sort and kind with an, 5 individual, firm, association, corpora tion, private, public, or municipa , body. polite, and with the Governmen l of the United States or any State 7 Territory or Colony thereof, or an, s other country.
 (P) To guarantee the payment o , dividends or interest on any shares o stocks, bonds, debentures, or otne ;, security issued by or any contract 0 obligation of this or any Corporatio '' whenever proper or necessary for tn z business of this Corporation in tn y judgment of it's Directors. To conduc ,, and perform any part of it's bushes II and to have one or more offices an Il to hold, purchase, lease. mortgage, an
 convey real and personal property i s or out of the State of California, an II in any such place or places in any ( 1 tuc ScNcTdl SldleS UT COlOn u ial possessions, or territorial acquisi Il tions of the United States and in an j, foreign country as it shall from tim u to time deem necessary and convent l. ent for the transaction of any part U the CompanyS business; and to . any acts required by law in any sue y place to enable 1t to do business ther e And generally to do all and everythir d d necessary suitable. proper or COT " venient for the accomplishment of ar 'r of the purposes or obligations here u enumerated, or incident to the powel IL herein named or eXpedient for the pro n tection or benefit of the Corporatio l. either as holders of or interested
 any property, and in general to carr 'e on any business, whether manufactul }, ing, mining, merchandising or othel u wise.
 s, co To purchase any of the issue of stock of this corporation for a reason III able amount
 li (R) It is the inten,Ion that the ol jects, purposes and powers specific y. and clauses contained in this secor se paragraph shall, except where othe u' wise expressed in sasd paragraph, e. in nowise limited or restricted by re T. erence to or inference from u $, terms of any other clauses of this ls any other paragraph in this charte s' but that the objects, purposes al Ie powers specified in each of the claus II Of this paragraph shah De regarded is independent objects, purposes al lo powers.
 m THIRD, that the place where t y- principal business of said corporati 9 is to be transacted, is in the City e Los Angeles, State of California. g FOURTH, that the term for whi 1d said corporation is to exist is fiji al (50) years, from and after the da s- of its incorporation.
 b- FIFTH, that the number of dire
 tors or trustees of said corporati O. shall be five (5) and that the nam ,s and residences of the directors or tru ,s tees, who are appointed for the fiji or year, and to serve until the electi es and qualification of such officers, a he as follows. to-wit:
 IT, 1. Lyman Stewart, Los Angel m California.
 a. ?. E. T. Earl, Los Angeles, Ca or fornia.
 mt g. W. c. Loughbom, Los Angel nd California. @.ss @ 4. Alfred c. Stewart. Los Angel H. California.
 no 5. c. M. Smith, Los Angeles, Ca lie fornia
 nd REGULATIONS & LIMITATIONS a- SIXTH. (A) The Corporation sh D. have no power to mortgage its r es. property, except upon the assent nd writing first obtained of the hold ch of two-thirds of the issued stock, ne. upon the affirmative vote of the ho lrd CTS of a majority of said stock at to- meeting of the stockholders duly cal tes for that purpose.
 od (B) The Board Of Directors, a rty when the Board is not in session,