The Coconino sun., 1920-04-23

To construct, develop, erect, install, alter, repair, equip and deal in works, plants and machinery for supplying and distributing water for irrigation, livestock, power or any other purpose; 1;
 To construct, erect, install, alter, re. pair, equip and deal in works, plants, instruments and machinery for sup plying and distributing hydraulic electric power and electricity for any purposes;
 To loan money, either as principal or agent, to any person or persons, firms, partnerships, associations and corporations, upon real estate, live stock or any security, and to ne- gotiate, sell, assign, transfer, ex- change, endorse, pledge, hypothecate, guarantee, and otherwise dispose of the obligations of such borrowers and the security given herewith, and in respect to any such security to exer- else any and all the rights and priv ileges of owners thereof;
 To manufacture, buy, sell, deal in, and to engage in, conduct and carry on the business of manufacturing, buying, selling, and dealing in goods, wares and merchandise of every class and descriptions;
 To improve, manage, develop, sell, assign, transfer, lease, mortgage, pledge, or otherwise dispose of or turn to account or deal with all or any part of the property of the company, and from time to time to vary any invest ment or employment of capital of the company;
 To borrow money, and to make and issue notes, bonds, debentures, obli- gations and evidences of indebtedness of all kinds, whether secured by mort gage, pledge or otherwise, without limit as to amount, and to secure the same by mortgage, pledge or other wise; and generally to make and per- form agreements and contracts of ev- cry kind and description;
 To the same extent as natural per- sons might or could do, to purchase or otherwise acquire, and to hold, own, maintain, work, develop, sell, lease, exchange, hire, convey, mortgage or otherwise dispose of and deal in, lands and leaseholds, and any interest, es- tate and rights in real property, and any personal or mixed property, and any franchises, rights, licenses or privileges necessary, convenient or appropriate for any of the purposes herein expressed;
 To apply for, obtain, register, pur- chase, lease or otherwise to acquire, and to hold, own, use, develop, oper- ate and introduce, and to sell, assign, grant licenses or territorial rights in respect to, or otherwise to turn to ac- count or dispose of, any copyrights, trade marks, trade names, brands, la bels, patent rights, letters patent of the United States or of any other country or government, inventions, and processes, whether used in connection with or secured un- der letters patent or otherwise;
 To do all and everything necessary, suitable and proper for the accom- plishment of any of the purposes or the attainment of any of the objects or the furtherance of any of the pow CTS hereinbefore set forth, either alone or in association with other cor porations, firms or individuals, and to do every other act or acts, thing or things incidental or appurtenant to or growing out of or connected with the aforesaid business or powers of any part or parts thereof, provided the same be not inconsistent with the laws under which this corporation is organ ized;
 To acquire by purchase, subscrip- ton or otherwise, and to hold for in- vestment or otherwise and to use, sell, assign, transfer, mortgage, pledge or otherwise deal with or dispose of stocks, bonds, or any other obligations or securities of any corporation or to merge or consolidate with any corporation in such manner as may be permitted by law, to aid in any manner any cor poration whose stock, bonds or other obligations are held or in any man. ner guaranteed by the company, or in which the company is in any way in- tcrested; and to do any other acts or things for the preservation, protec- tion, improvement or enhancement of the value of any such stocks, bonds or other obligations, or to do any acts or things designed for any such pur- pose; and while owner of any such stock, bonds or other obligations to exercise all the rights, powers and privileges of ownership thereof, and to exercise any and all voting pow CTS thereon; to guarantee the payment of dividends upon any stock, or the principal or interest or both of any bonds or other obligations, and the performance of any contracts.
 The business or purpose of the con- pany is from time to time to do any one or more of the acts and things set forth, and it shall have power to conduct and carry on its said business, or any part thereof, and to have one or more offices, and to exercise all or any of its corporate powers and rights, in the State of Delaware, and in the various other states, territories, colonies and de- pendencies of the United States, in the District of Columbia, and in all or any foreign countries.
 4. The amount of the total author ized capital stock of the corporation is Three Million ($3,00O,000) Dollars, divided into Three Hundred Thous- and (300,000) shares of Ten ($10)