Bisbee daily review., 1919-05-25

these purposes gas and oil lands, lleaseholds, and other interests in real estate and gas, oil and other rights, | to construct and maintain ronduitS and lines of tubing and piping for the transportation of natural gas or oil for the public generally as well as for the use of said corporation; to trans port such oil and gas by means of such pipes, tank cars or otherwise and to sell and supply the same to others; | to lay, buy, lease, sell and operate pipes, pipe lines and storage tanks to be used for the purpose of transport ing and storing oils and gas, and of doing a general pipe line and storage business; to construct and maintain gas wells, oil wells, salt wells and re- fineries, and to buy, sell and deal in gas, oil and salt; to construct and maintain all railways, tramways, tele- graph and telephone lines necessary or convenient in the prosecution of the business of the company; to cut, manufacture and sell timber from the lands of the company; to obtain and prepare for market such other valu- able minerals or materials as may be VI the company; to carry on in connec- tion with any or all of said purposes the business of buying and selling goods, wares and merchandise; and to do and transact all business properly connected with or incidental to any or ali of said objects and purposes.
 To acquire the good will, rights, property and assets of all kinds and to undertake the whole or any part of the liabilities of any person, firm, as- sociation or corporation, on such terms and conditions as may be agreed on, and to pay for the same in cash, stocks, bonds, debentures. or other se- curities of this Corporation or other wise; to acquire and undertake all or any part of the business, assets and liabilities of any person, firm, asso- citation or corporation.
 To join or consolidate with, and to enter into agreements and co-opera- tive relations not in contraventfon of law with any persons, firms, associa- tions or corporation, governmental, municipal or otherwise, in and about the carrying on and out of all or any of the purposes of this company. I The corporation may conduct it's business in other states, territories and possession of the United States, and in foreign countries, and may have one office or more than one office, and keep the books of the company out side of the State of Arizona, except as may be otherwise provided by law; /; and may hold, purchase, mortgage and convey real and personal property either in or out of the State of Ari- zona.
 ARTICLE ILL
 The amount of capitaf stock author ized of this corporation is One Hun. dred Eighty Thousand ($1S0,000) Dol. lars, to consist of one hundred eighty thousand (1S0,000 shares, of the pal value each of one ($1) dollar; and the time when and the conditions upon which it is to be paid in are: that as las soon as practicable after organiza } tion the company will issue all or the , )greater portion of said stock for prop critics contemplated to be purchased by said corporation, situate in the ], State of Texas.
 , ARTICLE ". ss,'.
 The time of the commencement ana
 the termination of the corporation arc as follows: Said corporation shal
 commence upon the issuance by the : Arizona Corporation of a Certificate lof Incorporation to it as required b! 1 law; and it shall terminate twenty five years thereafter.
 ARTICLE V.
 !, The officers, or persons, by whom
 the affairs of the corporation are t
 be conducted, and time at which the, s lare to be elected are as follows '- There shall be a board of five direC }, tors, but the number of the director e may be either five or seven, as tn 5, stockholders may from time to tim J. determine at the annual meeting, or a s- any special meeting called for sue l, purpose. The names of the director e until the annual meeting of 1920, ar IT as follows: c. T. Howard, Dr. w. (