The St. Johns herald., 1922-04-27

things pertaining to the business in which they are then engaged to proper ly carry on the object thereof.
 (c) To engage either as principal or agent in the operation of saw-mills or grist mills and the purchase and manu- facture of logs, lumber, flour and feed. either finished or unfinished and to any thing incident to and connected with said business.
 (e) To purchase, lease or otherwise acquire any other business or businesses not herein specifically enumerated or any interest therein, as may be deemed advisable, and to pay for the same in cash or the shares, capital stock or de- bentures of this corporation in such manner and means as the Board of Di- rectors may deem advisable.
 (G To purchase or acquire in whole or in part range and dairy cattle, sheep. horses and swine and to run. operate and manage the same and to purchase, lease or otherwise acquire grazing and farm land for the purpose of running for and caring for the same.
 (g) To sell, lease, mortgage or oth- erwise dispose of the real and personal property belonging to this corporation upon such terms and prices as may be thought expedient. together with it's stock of merchandise and good will of business and all other property, tangi-
 ble and intangible.
 (h) To loan the capital of this Com
 pany or any part thereof to any person.
 firm or corporation and to take as se-
 curity therefor lands and chattels of
 every kind and description, livestock,
 wool. hides, belts, real and chattel
 mortgages and to act as commission
 man in the buying and selling of the same for profit
 O To borrow or raise money or oth-
 CT thing of value by the issue of its notes, bonds, capital stock. or other evidence of indebtedness and to secure the same as a natural person might dc
 by the pledge, mortgage or hypothe.
 cation of it's property.
 O To issue and deliver shares of the
 capital stock of the Company as fully or partly paid up for cash, property real or personal or such other thipg o1 ] value as the Board of Directors may ? determine in the conduct of it's business n1l 0c o% 4H.a ,fOv- f1l ,I,1 istrator of the estates of decedents f guardian of minor or incompetent per son, receiver in bankruptcy. assignee F for benefit of creditors and trustee fol
 any and all purposes and in particular
 to do any and all things necessary ol 9 that natural person might do in act S ing as executor, administrator, receiver i guardian of persons, estates and pro r perty and as trustee or assignee. e Article V.
 The amount of the capital stock O this Corporation sh all be FIFTY : THOUSAND DOLLARS 1850, 900. 00 g divided into Fifty Thousand Shares O the par value of One Dollar each. Article VI.
 The capital stock shall be issued ant ' sold as the Board of Directors ma! r deem advisable and when fully paid ul r in the first instance shall thereafter b, 3 non -assessable.
 : Article VII.
 The time of commencement of thi
 corporation shall be the date of tn, : filing of certified copy of these Arti :, cles of Incorporation and recordation il = the office of the County Recorder O
 Apache County, Arizona, and the term
 ination thereof shall be Twenty-fiv, : (25) years from that date. r Article VIII
 e The highest amount of indebtedness l. or liability. either direct or contingeh
 to which this corporation may at an. a time subject itself is the sum of THIR d TY THOUSAND DOLLARS (3O, OOO) il Article TX.
 The private property of the stock n holders shall at all times be exemp from corporate debts and liabilities , Article X.
 }. These articles may be amended a
 any time by maj ajority vote of the thel outstanding stockholders of record. II Article XI.
 F That A. E. Thurber who resides i ,- the town of St Johns, and who ha .s been bona-fide resident of the Stat d of Arizona for more than three year Z: last past. is hereby appointed and des ]. ignated as the Statutory agent for tn