The Winslow mail., 1920-05-28

obligations of any such corporations.
businesses or persons; and to acquire,
own, sell or dispose of the rights. pro-
perty and assets of all kinds of
all businesses and corporations
and persons of the nature of the busi-
nesses of this corporation, or of the
natures similar to the same. and dis
pose of the same for cash. debentures,
stocks, bonds or other securities of
this corporation. or otherwise; and to
subscribe for, purchase or otherwise
acquire. and to own, deal in and dis
pose of in any way stocks. bonds and
securities or other obligations of any
person, firm or corporation, including
this corporation and while the owner
of such to exercise all rights and pow
ers incidental thereto. including the
right to vote thereon; and to aid in
any manner any corporation whose
stock bonds or obligations are held
or in any manner guaranteed by this
corporation, and to do any other acts
or things for the protection, improve
any such stocks, bonds or any other
obligation, or to do any acts or things
designed for any such purpose.
s. The businesses and purposes OF
the corporation are from time to time
to do any one or more of the acts or
things herein set forth. and it may
conduct it's business in other states
than the State of Arizona; and it may
have one office or more than one of
flee, either within or without the State
of Arizona, as may be established by
resolution of the Board of Directors,
and may keep the books of the cor
poration outside of the State of Ari-
zona except as otherwise may be pro-
vided by law; and any and all meet
ings Of the incorporators, stockholders
or directors of this corporation may
be held at any place of business of the
corporation within or outside of tbs
State of Arizona as may be directed
by resolution of the Board of Direc
tors.
9. Without in any particular limit
ing any of the objects and powers OF
the corporation, it is hereby express
ly declared and provided that the cor
poration shall have power to issue
stocks. bonds and other obligations
in payment for property purchased or
acquired by it, or for any other OBJ
ject in or about it's business: it shall
have power to mortgage or pledge any
or all of it's property or any stocks,
bonds or other obligations or any in
terest therein, which may be acquired
by it. to secure any bonds or other
obligations by it issued or incurred,
it shall have power to guarantee any
dividends or bonds, contracts or
other obligations in which this cor
poration may have lawful interest
The corporation shall have power to
make and perform contracts Of any
kind and description and in carrying
obtaining or furthering any of it's OBJ
jects and shall have power to do any
and all other acts or things and to
e e r C S e any and all other
pow wers which a cOpart-
nership or natural person could do Or
exercise and which now or hereafter
may be authorized by law.
10. To exercise for the purposes
and businesses of this corporation the
right of eminent domain, and for such
purpose to maintain. when necessary
any and all suits. actions at law, or
other proceedings necessary for the
exercise of such rights. and to ac-
quire. own. buy, sell. lease and oper-
ate any and all franchises. rights and
easements acquired by the exercise
of such right of Eminent Domain.
ARTICLE " The authorized a
mount of capital stock of this corpora
ton shall be Two Hundred Thousand
($200,000) Dollars. divided into two
thousand (2,0OO) shares of the par
value of One Hundred ($100) Dollars
per share. At such time or times as
the Board of Directors may direct
said capital stock shall be paid into
this corporation either in cash or by
sale and transfer to it of real or per
sonal property. contracts. services,
goods, wares or merchandise, leases,
leaseholds franchises. rights or pri-
vileges. or any other valuable right or