Arizona republican., 1918-07-31

mortgage on real or personal estate; and to issue bonds, debentures or obli cations 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 it's operations or busl 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 real and personal property of every class and description in any of the states, territories, districts, colonies or posses sons of the United States and in adja- cent foreign countries, subject to the laws of such state, district, territory, colony, possession or country;
 To enter into, make, perform, and carry out contracts of every kind for any lawful purpose without limit as to amount with any person, firm, associa- tion or corporation: and to act as 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, and it is hereby expressly provided that the foregoing enumeration of specific pow CTS shall not be held to limit or restrict in any manner the powers of this cor poration.
 In general, to have and to exercise all the powers conferred by the laws of Delaware upon corporations formed under the laws of said State. To purchase, hold and reissue any of | the shares of it's capital stock. | FOURTH: The total authorized cap l ital stock of this corporation is Forty Million Dollars (s40000000D divided into Four Hundred Thousand 400.000) shares, of par value of One Hundred Dollars (s1O0.) each.
 The amount of capital stock witt which this corporation will commence business is Thirty three Million Dol lars (s33, 0,0O0).
 The names and places of residence of each of the subscribers to the capi- tai stock are as follows:
 William M. Barrett. 272 West S6tl St., New York City, N. Y.
 George c. Taylor, BPS Cliff Ave, Pel | ham Heights. N. Y.
 Burns D. Caldwell, S1 High Street Orange, N. J.
 The existence of. this corporation i! to be perpetual.
 The private property of the stock holders shall not be subject to the pay ment of corporate debts to any eXten | whatever.
 The Directors shall have power {, make and to alter or amend the By laws: to fix the amount to be reserved as working capital, and to authoriz and cause to be executed, mortgage and liens without limit as to amount upon the property and franchises o
 this Corporation. The Bylaws shall determine wheth CT and to what extent the accounts ant books of this corporation (other thai
 the stock ledger). or any of them. shal
 be open to the inspection of the stock
 holders: and no stockholder shall hav' , any right of inspecting any account. O
 book, or document of this Corporation except as conferred by law or the By
 laws, or by resolution of the stockhold
 CTS.
 The stockholders and directors shal
 have power to hold their meetings an , keep the books. documents and paper
 of the corporation outside of the Stat : of Delaware, at such places as ma
 from time to time be designated by tn Bylaws or by resolution of the stock holders or directors.
 The Directors shall have power h a resolution passed by a majority vot } of the whole Board, under suitable pro , vision of the Bylaws. to designate tw or more of their number to constitut an Executive Committee. which com
 mittee shall, for the time being, as pro ? vided in said resolution or in the By r laws. have and exercise any or all tn powers of the Board of Directors whic may be lawfully delegated in the man
 agement of the business and affairs ( 7 the Corporation and shall have powt