The copper era and Morenci leader., 1919-09-12

Letters Patent and inventions, ana shares of it's own capital stock and that of other corporations and to vote any share of stock of other corporations owned by it the same as natural per son might do; to borrow money and issue bonds, notes, d.behtures and Tn- CT evidence of indebtedness and secure the payment of the same by mortgage, | deed of trust, or otherwise; to act as agent. trustee, broker or in any other fiduciary capacity, and in general to do and perform such acts and things and i transact such business in connection with the foregoing obligations, not in consistent with the law in any part of | the world, as the Board of Directors may deem to the advantage of the cor poration.
 ] ARTICLE III. The capital stock of the corporation shall be Twenty Five .1hou~and ($25, ,O0O.OO) Dollars, di- vided into Two Hundred and Fifty
 hares of the par value of One Hundred of the par value of One Hundred ! ($10O.0O Dollars each, which shall be paid in at such times as the Board of Directors may designate, in cash, real or personal property, services, lease, option to purchase or any other valu- able right or thing for the uses and purposes of the corporation, and all I shares of capital stock when issued in exchange therefor, shall thereupon be- come and be fully paid the same as those paid for by cash at par, and shall be non assessable forever, and
 the judgment of the directors as to the value of any property, right or thing acquired in exchange for capital stock shall be conclusive.
 ARTICLE ". The commencement of the corporation shall be the date
 of the issuance to it of a Certificate : of Incorporation by the Arizona Cor
 poration Commission. and it shall en dure for the full term of twenty-five years thereafter, with the privilege of
 perpetual succession as provided by
 statute.
 ARTICLE V. The affairs of the
 Corporation shall be conducted by the Board of Directors and such officers as the said directors may elect or ap- point. The number of directors shall be designated by tSe bylaws and shall be elected from among the stockhold. CTS at their annual meeting to be held the first Monday in June of each year. Until the first annual meeting of the stockholders and until their successors
 ave been elected and have qualified, the following named persons shall be {. the officers and directors: T. H. Jo~
 dan, w. A E Hult, E N Little, Louis , A. Kuehne and w. E Ferguson
 ARTICLE VI. The Directors sha:l
 have power to adopt. amend and re scind Bylaws, to fill vancancies DC f curing in the Board from any cause , and to appoint from their own nun f Der an executive committee and yes
 said committee with all the power. , granted the directors by these articles " ARTICLE VII. The highest amour s of indebtedness or liability to whicl e the corporation may at any time sub
 ect itself is Ten Thousand ($10, .OO| , Dollars.
 ' ARTICLE VIII. The private proI
 erty of the stockholders of the co1
 poration shall be forever exemp
 from it's debts or obligations.
 ARTICLE TX. This corporation ' does hereby appoint w. E. Ferguson D of Holbrook. Arizona, who has beel a bona fide resident of Arizona fo S at least three years its lawful agen l. in and for the State of Arizona. fo l. and in behalf of said company, to ac ! cept and acknowledge service of an,
 upon whom may be served, all neces sary process or processes in any act ion, suit or proceeding that may b, had or brought against the said Com
 pany in any of the Courts in said Stat
 of Arizona, such service of process O
 1otice, or the acceptance thereof b. n said Agent endorsed thereon, to hay, s he same force and effect as if serve, a lpon the President and Secretary 0 I, said Company
 r. IN WITNESS WHEREOF, we here Q affiX our signatures and seals thi il 18th day of June, A. D. 1919.
 2 T. H JORDAN (Seal d w. A. E HULT (Sea1 s B. N. LITTLE (Seal
 LOUIS A. KUEHNE (SeaI