Weekly journal-miner., 1921-05-11

in general oil and mining develop ment business.
 6. To borrow money and issue its bonds payable in cash or con- vertible into stock of this corpora tion, debentures, mortgages, promis- sorry notes, or other evidences of in debtedness therefor, and to pledge, mortgage, or otherwise dispose of, the whole or any part of the proper ty owned or acquired by it for the security of payment of any indeb- tedness or obligation incurred or undertaken.
 7. To make contracts and to do. as fully and to the same extent as natural persons might or could do, any and all of the things herein set forth, either as principal, agents, di- , jrectors, trustees, or otherwise, and either to alone or in the company with other corporations, persons, as- sociations, or firms, and in general to have and exercise with respect to all things, the powers, privileges, and immunities conferred upon corpora tions of this class by the laws of the State of Arizona, and to carry on any business in connection herewith not inconsistent with the laws of the United States.
 The date of the beginning of this corporation shall be the day on which a certificate of incorporation is issued to it by the Arizona Corpora ton Commission, and it shall endure for twenty-five years thereafter.
 ".
 The government of the corpora ton is vested in a Board of Direc- tors consisting of not fewer than three nor more than seven members, to be elected at the annual stock holders meeting, who shall hold of flee for one year from the date of their election and qualification, and | until their successors are elected and | qualified; provided, however, that if | said annual stockholders meeting be not held in any particular year, that the stockholders may, if it is deemed | advisable, at a special legal meeting, elect a Board of Directors, the mem bers whereof shall hold office until their successors are elected and quail fled, and provided further, that any vacancy or vacancies occurring in the Board of Directors may be filled by said Board; the Board of Direc- tors shall have power to increase the number of its members, as hereinbe- fore limited, and in the event of such action shall designate the additional members thereof who shall serve until their successors are duly elect ed and qualified; the Board of Direc- tors shall have power to hold any and transact any business for the company at any time or place within or without the State of and all acts of said Board at such meetings shall be valid, pro vided majority of all of the mem bers of the Board shall be present and shall vote in favor of the action there taken, and such vote shall be conclusive evidence of the sdfficiency of notice for such meeting; to Board! of Directors shall have power to es- tablish bylaws and make all rules and regulations necessary for the of the corporation, and to amend the same.
 The first board of directors of this | shall consist of three { and until their successors ire elected and qualified, the follow ng named persons shall constitute said board, to-wit: J. C. Heslet, Robt. E. Morrison and Emmet T.. Morrison.
 V.
 The time for holding the annual meeting hereof is the irst Monday ill February of each I ,ear.
 VI.
 The officers of this corporation hail be President, Vice-President, = General Manager, Secretary, Treas W lrer, and such other officers as the E Board of Directors shall deem neces- c ary such officers to be elected by T he Boardi of Directors and to serve . me year, and until their successors F re elected and qualified, and the of 1, icers of this Company, until the $; ext annual meeting of the stock = olders, or otherwise elected by the ir irectors, shall be ti ]. C. Heslet, President. C; Robt. E. Morrison, Vice-President. P J. C. Heslet, General Manager. " Emmet T. Morrison, Secretary. (.