Mohave County miner and our mineral wealth., 1922-01-06

iebha Ol " oCSI5 loi SiLS PAifASS eoS of the Company, except that said Company shall not, under the powers enumerated, have the power to con- struct or operate any railroad, tram way, turnpike or canal, except such as may be from it's principal works or place of business to some navigable stream, or to some existing railroad, turnpike or public highway.
 (D) To manufacture, buy, sell and generally deal in goods, wares, merchandise, property and commod- ities of any and every class and de- scription, and all articles used or use ful in connection herewith in so far as may be permitted by the laws of the State of Arizona.
 (E) To improve any and all real estate owned or used by the company with such building or buildings, work ings or constructions as may be deem- ed necessary or eXpedient by the Board of Directors of the Company, and to alter, repair or add to any building or improvements upon any property owned by or occupied by the company.
 (F) To generally, as principal or agent, institute, enter into, carry on, assist, promote and participate in if nancial, commercial, mercantile and other business works, contracts, un- dertakings and operations.
 , co To own, handle and control, letters patent and inventions, trade marks and copyrights, and shares of it's own capital stock, and of the cap ,ital stock of other corporations, and to vote any shares of stock of other corporations owned by it the same as a natural person might do; to borrow money, and to issue bonds, notes, de- bentures and other evidences of in debtedness, and to secure the payment of same by mortgage, deed of trust or otherwise; to act as agent, trustee, broker or in any other fiduciary capa- city; and in general to do and perform such acts and things, and transact such other business in connection with the foregoing objects, or either or any of them, as are not inconsistent with the law, in any part of the world, and as the Board of Directors may deem to the advantage of the company.
 The foregoing clauses shall be con- strued both as objects and powers, and it is hereby expressly provided that the foregoing enumeration of specific powers shall not be held to limit or restrict in any manner the powers of this corporation, and are in furtherance of, and in addition to, and not in limitation of the general pow CTS conferred by the State of Arizona, and that the objects and powers here in specified, except as otherwise ex- pressly provided, shall in no wise be limited or restricted by reference to, or inference from, the terms of any other clause or paragraph of these Articles of Association, and that each of the objects, purposes or powers specified shall be regarded as an in dependent object, purpose or power, as the case may be.
 Article 3.
 The capital stock of the corporation shall be One Hundred Thousand Dol lars ($10O,0OO.00), divided into One Thousand (1,000) shares of the par value of One Hundred Dollars ($100) each, which shall be paid in at such time or times as the Board of Direc- tors may designate, in cash, real or personal property, services, lease, op- tion to purchase, or any other valu- able right or thing, for the uses and purposes of the corporation, and all shares of capital stock, when issued in exchange therefor, shall bear upon, and thereby become and be full-paid, the same as though paid for in cash at par, and shall be non-assessable for ever, and the judgment of the Direc- tors as to the value of any property, right, or thing acquired in exchange for capital stock shall be conclusive.
 Article 4.
 The commencement of the corpora tion shall be the date of the issuance to it of a Certificate of Incorporation by the Arizona Corporation Commits sion, and it shall endure for the full term of twenty-five years thereafter, with privilege of perpetual succession as provided by statute.
 Article 5.
 The affairs of the corporation shall be conducted by Board of Directors, and such officers as the said Directors may elect or appoint. The number of Directors shall be designated by the Bylaws, and they shall be elect ed from among the stockholders at their Annual Meeting, to be held on the Third Tuesday in the month of January of each year. Until the first