Arizona republican., 1918-08-01

forwarding by railroads, SteambOats, ships, canals, stages and other means of transportation, goods, wares, mer- chandise, money, bills, notes, bullion, packages, parcels and movable valu- ables of any description, over and upon such lines and routes as it may from time to time establish, and in and be- tween the points, places or stations at which it may from time to time estab- fish and continue agencies; and the said corporation is hereby invested with the powers necessary and proper for said purpose, as we'll as the powers incident and appropriate to express carriers, and especially with full power to give such security in the nature of a general transportation bond as may be required by the laws of the United States and the regulations passed in relation thereto for the transportation and delivery of dutiable merchandise and other property in bond, from port to port in the United States, or through the United States.
 To take bonds of indemnity with Or without security from its agents and employees. to acquire by purchase, de- wise or otherwise, and to hold real and personal estate of any value to the amount necessary and proper for the purpose for which it is incorporated and to sell, mortgage or otherwise dis pose of the same;
 To borrow. when necessary for the purpose of it's business, money, with or without pledge of or mortgage on all or any of its property, real or personal as security;
 To take, hold and dispose Of any n Ort p ga rpal norSOn9l estate. and to issue bonds debentures or ohli- gations of the corporation from time to time for any of the objects or purpos- es of the corporatin;
 To have one or more offices. to carry on any or all of its operations or busi- ness and without restriction or limits as to amount to purchase or otherwise acquire to hold, own, to mortgage, sell convey. or otherwise dispose of req and personal property of every class and description in any of the states | territories, districts. colonies or posses sions of the United States and in adja. cent foreign countries, subject to tht | laws of such state. district, territory colony, possession or country; To enter into, make, perform, anC carry out contracts of every kind fol any lawful purpose without limit as {, amount with any person. firm, associa- tion or corporation; and to act a, agent for any person, firm, association or corporation for any lawful purpose and to do a general collection business The foregoing clauses shall be con strued both as objects and powers. ant it is hereby expressly provided that tn, | foregoing enumeration of specific pow CTS shall not be held to limit or restric in any manner the powers of this cor poration.
 In general, to have and to exercis all the powers conferred by the laws 0 Delaware upon corporations forme' under the laws of said State.
 To purchase, hold and reissue any o the shares of it's capital stock.
 FOURTH: The total authorized cap ital stock of this corporation is Fort
 Million Dollars (s40000, ,000), divide into Four Hundred Thousand (40o. .000 shares, of par value of One Hundre Dollars (s100.) each.
 The amount of capital stock wit
 which this corporation will commenc
 business is Thirty-three Million Dol
 lars Cs33.Oo0,O ,O0e).
 The names and places of residenc
 of each of the subscribers to the capi , tai stock are as follows: William NJ. Barrett. PIP West SSt
 St, New York City, N. Y. ] George c. Taylor. BPS Cliff Ave, Pel
 ham Heights. N. Y.
 Burns D. Caldwell, S1 High Stree
 Orange, N. J.
 , The existence of this corporation 10 be perpetual.
 , The private property of the stock , holders shall not be subject to the pay ment of corporate debts to any eXteT
 whatever.
 The Directors shall have power {