Arizona republican., 1918-04-24

zona is Phoenix. Offices may be es- tablished, business transacted, and of stockholders and directors held at such other places either With in or outside the State of Arizona as the Bylaws of the Corporation may provide.
 Article II.
 The general nature of the business proposed to be transacted is;
 (a) to make contracts; to purchase lease, option, locate, or otherwise ac- quire, own, exchange, sell or otherwise dispose of, pledge. mortgage, hypothe- cate and deal in real and personal property, and to work, explore, oper- ate and develop the same, and to deal in the products and by-products thereof:
 (b) to carry on the business of manufacturers, wholesale and retail merchants, importers, exporters, and distributors generally and specifically in each, every and all branches; to deal in chemicals, pharmaceutical, medicl- nal and other preparations and appa- ratus; to act as forwarding agents and maintain and operate storage ware houses; to own, acquire, handle, control and seA 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 merciai, 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 it's 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 con- | 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; 10 engage in the business of brokerage, generally and specifical- | ly in all it's branches:
 1 (e) to buy, sell, own, hold, lease mortgage and generally to deal in real estSte 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 tC appropriate. dedicate, mortgage, con- vey in trust, sell, grant, lease, or other i wise dispose of any lands owned. helo | or controlled by it; to construct, erect and maintain houses, buildings, works 1 or improvements of any kind on saiC lands or elsewhere. and to rent, lease sell, or otherwise dispose of or dea with the same or any interest therein:
 f) 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, general, and specifically in all its branches anc to do and perform all such matters ant things as are incidental thereto: (h) to generate, buy and sell light heat and power;
 G) to develop natural products:
 CD to engage in a general manufac turing and mercantile business: (k) and in general to do and per form such things and transact sucl business. not inconsistent with law, il any part of the world, as the Board O i Directors may deem to the advantag, of the corporation.
 Article III
 The amount of the authorized capi tai stock of the corporation is on hundred thousand (SlO0,000) Dollars divided into one hundred thousant shares of capita, stock of the par valu of one (s1) Dollar per share, whicl oHe1il bC pau III, dt SuCu llIile as LII Board of Directors may designate, il cash, real or personal property, ser vice, lease. option to purchase, or an, other valuable right or thing for tn uses of the corporation, and all share of capital stock when issued in ex change therefor, shall thereupon an, thereby become and be full-paid tn same as though paid for in cash a par, and shall be non- -assessable for ever; and the judgment of the Boar of. Directors as to the value of an, property, right or thing acquired in eX change for capital stock shall be COT elusive.
 Article ".
 The time Of the commencement 0 the corporation sllal, be the day thes Articles are filed in accordance wit Jaw, and the termination thereof sha' be twenty (.5) five years thereafter with privilege of renewal and right 0 ] perpetual succession as now provide by law.
 Article Y.
 The affairs Of this corporation shal be administered by Board of not les than three nor more than seven Di : rectors. by whom President and Vice l President shall be elected and a Secre tary and Treasurer appointed. The Directors shall be elected by an
 from among the stockholders at tn annual meeting of the stockholder which shall be held on the secon 5 Tuesday in April of each year.
 Until their successors are elected an