Mohave County miner and our mineral wealth., 1921-02-11

in all it's branches; also for receiv- ing deposits of money and loaning of
 same; also for the purpose of purchas- ing, taking, owning and holding real
 and personal property, improving,
 selling, leasing, and dealing in the same; and for the purpose of leasing
 and hiring all kinds of real and per
 sonal property from others within the
 United States.
 M. To engage in a general mer- chandise business, and to own, rent, maintain, operate and conduct general merchandise stores, and in general to buy and sell all kinds of merchandise of every kind and nature whatsoever.
 N. To purchase, or otherwise ac- quire, hold, use and enjoy, lease, hire, mortgage, hypothecate, sell, convey, transfer and otherwise deal in or dis pose of real and personal property of every nature, or any estate or interest therein, in any place or places, but particularly in the United States of America, to the same extent as nat ural persons might or could lawfully so do as principals, agents, contrac- tors, trustees, or otherwise; it being hereby expressly provided that the foregoing enumeration of specific powers shall not be held to limit or restrict in any manner the general powers of the corporation.
 Article Four: The amount of the capital stock of this corporation shall be Three Hundred Thousand Dollars, divided into three thousand shares of the par value of One Hundred Dollars each. Said stock shall be issued at such times and upon such terms as may be provided by the Board of Di- rectors, and same may be exchanged for any property, real, personal or mixed, for property rights or licen- ses, or for benefits accruing or ser vices rendered to the corporation, in any manner or form whatsoever, and all shares of capital stock so issued in exchange therefor shall thereupon and thereby become fully paid, and said stock shall be forever non-assess- able. In the absence of actual fraud in the transaction, the determination of the Board of Directors as to the value of any property, right, services, benefit, option or things acquired in exchange for stock, shall be conclu- sive.
 Article Five: The time of the com mencement of this corporation shall be the date of the issuance of a Ger tificate of Incorporation by the Ari- zona Corporation Commission, and the termination thereof shall be twenty five years thereafter, with privilege of renewal as provided by law.
 Article Six: The management and control of the business, property and affairs of the corporation shall be vested in a Board of Directors, con- sisting of not less than three nor more han five members, who shall be elect ed by the stockholders of record, from among their own number, at the reg ular annual meeting of the stockhold- CTS, which meeting shall be held at the principal office of the company on the second Tuesday in January of each year, and the said Directors so elect ed shall hold office until the next an nual meeting of the stockholders, or until their successors are elected and qualified; any vacancy which may oc- cur in said Board of Directors, wheth- CT caused by death, resignation or otherwise, shall be filled by election by the remaining members of the Board of Directors from among the stockholders of record. Said Board of Directors shall have the power, without the assent or vote of the stockholders, to make, alter and amend the Bylaws, and to make and establish all rules and regulations necessary for the conduct of the busi- ness and affairs of the corporation, not inconsistent with law or these Articles of Incorporation.
 With the consent in writing, or pur- suant to the vote of the holders of a 1 of the issued and outstand- ing stock of the corporation, said Board of Directors shall have the power to sell, assign, transfer, con- vey, lease or otherwise dispose of the whole or any portion of the property of the corporation.
 The first Board of Directors shall | be selected by the incorporators as soon as convenient after filing these of Incorporation with the Arizona Corporation Commission, and said Board so selected shall hold of- flee until the first annual meeting of the stockholders or until their suc- cessors are elected and qualified.
 Article Seven: The officers of the corporation shall consist of a Presi- dent, one or more Vice-Presidents, a Secretary and Treasurer, and where the duties thereof are not inconsistent more than one of said offices may be held by the same person. Said off cers shall be selected by the Board of Directors at the regular annual meet ing of said Board, which meetinp shall