The copper era and Morenci leader., 1919-09-19

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 IT. The capital stock of the corporation shall be Twenty Five Thou~and (S25, 100000 Dollars, di- vided into Two Hundred and Fifty hares of the par value of One Hundred of the par value of One Hundred ($1O0.00) 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 Yalu- able right or thing for the uses and purposes of the corporation, and all 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. i ARTICLE ". The commencement of the corporation shall be the date of the issuance to it of 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 P Of Diractorc oDd c1Ich officnyS as the said directors may elect or ap- point. The number of directors shall be designated by the bylaws and shall be elected from among the stockhold CTS at their annual meeting to be held ! he 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 he the officers and directors: T. H. J3"- dan, w. A E Hult, E N Little, Louis A. Kuehne and W. F Ferguson 7 ARTICLE VI. The Directors shaI l have power to adopt, amend and re scind Bylaws, to fill vancancies oc. curing in the Board from any cause and to appoint from their own mum Der an executive committee and vest i said committee with all the powers granted the directors by these articles. l ARTICLE, VII. The highest amount of indebtedness or liability to which the corporation may at any time sub ect itself is Ten Thousand (S10, ,OO0.00) Dollars.
 l ARTICLE VIII. The private prop erty of the stockholders of the cor poration shall be forever exempt from its debts or obligations. ARTICLE TX. This corporation does hereby appoint w. F. Ferguson of Holbrook. Arizona, who has been a bona fide resident of Arizona for at least three years it's lawful agent in and for the State of Arizona. for and in behalf of said company. to ac- cept and acknowledge service of and upon whom may be served, all neces. ary process or processes in any act ion, suit or proceeding that may be had or brought against the said Con- pany in any of the Courts in said State of Arizona, such service of process or notice. or the acceptance thereof by said Agent endorsed thereon. to have i he same force and effect as if served lpOn the President and Secretary of said Company.
 IN WITNESS WHEREOF, we here affiX our signatures and seals this
 Sth day of June, A. D. 1919.
 T. H JORDAN (SeaD
 w. A. E HULT (SeaD T. E. N. LITTLE (SeaD
 LOUIS A. KUEHNE (SeaD
 w. F FERGUSON (SeaD STATE OF ARIZONA, COUNTY OF GREENLEE, ss.
 Before me. J. Y. Ainsa, a Notary Public in and for the County and State aforesaid. on this day personally appeared T. H. Jordan, w. A E Hult and E N Little, known to me to be the persons whose names are sub- crihed to the foregoing instrument and acknowledged to me that they eXecut- ed the same for the purpose and con- sidration therein expressed.
 Given under my hand and seal of office this 18th day of June, A. D. 1919.
 J Y AINSA, Notary Public. (Notarial SeaD
 My Commission Expires April F, 1922.
 STATE OF ARIZONA, COUNTY OF NAVAJO. ss.
 Before me, Thorwald Larson a Notary Public in and for the County and State aforesaid, on this day personally ap- peared l.. A. Kuehne and w E Fergu- son, known to me to be the persons whose names are subscribed to the foregoing instrument and acknowled9 ed to me that they executed the same for the purposes and consideration therein expressed.
 Given under my hand and seal oi . office this 14th day of June, A. D. 1919.
 THORWALD LARSON.
 (Notarial Sean Notary Public My Commission Expires Nov II, 192. Filed n the office of the Arizona Corporation Commission this 3rd day |; of July. A. D. 1919. at 2:30 o'clock P NJ. at the request of " E Ferguson whose post office address is HolbroOk 7 Arizona
 ARIZONA CORPORATION
 COMMISSION.