The Coconino sun., 1923-11-23


or upon which to erect, install, place,
use or operate any and all machin-
cry, equipment and appliances in any
way necessary or advantageous
thereto.
lg) To acquire the business, gocl-
will, rights and property, and to un-
dertake the whole or any part of the
business and assets and liabilities, If
any and all other persons, firms, as
sociations or corporations, and to pay
for the same in cash, stock or bonds
of this corporation, or otherwise, as
may be determined by the board Of
directors of this corporation.
(h) To aid by way Of surety or
guarantor any and all other persons,
firms, associations and corporations
of whom or of which any shares,
stocks, debentures, bonds, notes, mort
cages, securities, or other obligations
or evidences of Indebtedness, of any
and every kind or description, may be
owned or held by this corporation,
whenever, in the judgment Of the
board of directors of this corporation,
expedient and necessary for the pro-
lection and conservation of the inter-
ests Of this corporation and its stock
holders so to do.
G) To conduct and carry on the
business Of purchasing, manufactur-
ing, producing, selling and generally
dealing in goods, wares, merchandise,
and materials, whether crude or man.
ufactured, of any and every kind or
description, which may be necessary
or incidental to or the subject of a
general mercantile and general man
ufacturing business.
Cd To carry on any lawful opera
ton or operations, enterprise or en-
terprises, either within or without the
State of Arizona, and to enter into,
make, perform and carry out con-
tracts of any and every kind for any
lawful purpose, without other than le-
gal restriction or limit as to amount,
with any and all other persons, firms,
associations or corporations, or with
any government or governmental sub
division or body polite, whether for
eign or domestic, and whether now or
hereafter organized, and generally to
deal in any and all property, real,
personal, and mixed, of any and ev-
cry kind or description, wheresoever
situate.
(k) To apply for, obtain and ac.
quire by purchase or otherwise, either
| by the payment of money or by the
exchange Of shares of stock or Sc
| curities or evidences of Indebtedness
| of this corporation therefor, and to
own, hold, control, sell, assign, trans
fer, or otherwise dispose of letters
patent of the United States of Amer
lea, and Of any other country or coun-
| tries, licenses, concessions and grants
| for or in respect of inventions relat-
| ing to any and all products and art
icles which may be the subject Of let
| ters-p patent, or to manufacturing de-
vices, appliances, tools and machinery
| for the manufacture and production
of any and all products and articles
| of special or general use IN any indus
/ try or industries, or for general use
and consumption, and to sell, lease
| or otherwise dispose of or deal with
state, county, city and town rights fol-
the use of any and all such letters
patent, licenses, concessions, anc
grants aforesaid, and generally tt
deal in such products and articles
aforesaid or any thereof.
I'd To borrow money for its cor
porate purposes; to make and issue it
bonds, debentures, promissory notes
and other obligations, or either or an!
| thereof, as evidence Of it's indebted
ness so created; to issue shares Of it
capital stock in payment for property
real, personal or mixed, purchased ol
| acquired by it, or for any other law
| full object or purpose in and about it
business; to negotiate its contract.
| for the sale by it of its bonds or de
bentures, and any other lawful con
| tracts, for such consideration to thi
| corporation and upon such Lawful
terms and conditions as in the iudg
ment of it's board of directors may b.
expedient and for the best interest
of this corporation and its stoekhold
ers; and to mortgage, pledge, or hy
pothecate all or any part of its prop
erty, real, personal and mixed, where
soever situate, to secure its bonds, de
bentures, promissory notes, contracts
and other obligations, or either or an.
thereof, by it made, issued or incur
red, whether as principal or as sucl
surety or guarantor aforesaid.
I (m) To have and maintain, othe
than and in addition to its aforesaid
principal office, one or more office
for the transaction of its business
whereat meetings of its board of di
rectors may be held, either within o
at any place or places without tn
State Of Arizona.
ARTICLE Nv.
1 (a) The total authorized capita
stock of this corporation shall b.
Three hundred thousand 300, ,000) dol
lars, divided into three thousand g,
0OO) shares Of the par value of On
hundred (100) dollars each, al com
mon stock; provided, that the amour
of said capital stock may be increas
ed or decreased and may be issued il
such amounts as shah be determine
by the board of directors Of this cor
poration, in accordance with and a
permitted by the laws Of the State 0
Arizona.
|, ARTICLE v.
J (a) The shares of capital stock o
this corporation may be issued fo
cash or services or property, at sue
time or times as its board of direc
II tors may by resolution direct, upo
: such conditions and terms as may b
determined by its board of director;