The Coconino sun., 1923-09-28
Page EIez

of this corporation, on otherwise
may be determined BY the board
directors of this corporation.
(h) To aid by way Of surety
guarantor any and all other pers
firms, associations and corporal
Of whom or of which any sha
stocks, debentures, bonds, notes, m
cages, securities, or other obligat
or evidences Of indebtedness, Of
and every kind or description, maS
owned or held by this corporal
whenever, in the judgment of
board of directors of this corporal
expedient and necessary for the
lection and conservation of the in
ests Of this corporation and its st,
holders so to do.
ID To conduct and carry on
business of purchasing, manufac
ing, producing, selling and gener
dealing in goods, wares, merchanc
and materials, whether crude or n
ufactured, Of any and every kline
description, which may be necesf
or incidental to or the subject @
general mercantile and general n
ufacturing business.
I'D To carry on any lawful op,
tion or operations, enterprise or
terprises, either within or without
State Of Arizona, and to enter /
make, perform and carry out
tracts of any and every kind for
lawful purpose, without other than
gal restriction or limit as to amor
with any and all other persons, fiji
associations or corporations, or '
any government or governmental {
division or body polite, whether
eign or domestic, and whether nov
hereafter organized, and generally
deal in any and all property,
personal, and mixed, of any and
cry kind or description, wheresot
situate.
(k) To apply for, obtain and
quire by purchase or otherwise, eli
by the payment of money or by
exchange of shares Of stock or
curities or evidences of indebted
of this corporation therefor, and
own, hold, control, sell, assign, trs
fer. or otherwise dispose of lett
patent cf the United States of An
lea, and of any other country or cc
tries, licenses, concessions and gra
for or in respect of inventions re
ing to any and all products and
icies which may be the subject Of
ters patent, or to manufacturing
vices, appliances, tools and machi:
fQT the manufacture 8nd prod
Of any and all products and art
| OF special or general use In any in
try or indus tries, or for general
and consumption, and to sell. e
or otherwIse e dispose Of OF deal )
te, county, cit and town rights
he use Of any and all such lett
| patent, licenses, concessions,
grants aforesaid, and generally
deal in such products and arti,
aforesaid or any thereof.
q tt ho'row money for is
porate purposes; to make and issu
e rs deb
es So ts tei 10 sae ares of
aaital stock IN pa ment for D ope
real, personal or mixed. pur haseC
acquired by II, or fer ans her
ul object or puTpo 'n and about
ness t. negotiate it's contT.
fof the sale hy It ef It's bond og
ventures, ana amy other lawful &
/ racfs, for spah c as deralioa g.
| olpafat on md upon sach q
ems and cen itCns as ID the f.
uent Of Us board of directors mas
/ expedient and for tise best inter
Of this corporation and its stockh
eTs: and to mortgage, pledge, on
potheeate all or any part Of its pl
eety. real, personal ard mixed. wh
soever situate, to secure its bonds,
bentures, promisscry notes, contra
and other obligations, or either or
thereof, by it made, issued or In
red, whether as principal or as s
surety OF guarantor aforesaid.
I'M To have and maintain, Of
than and in addition to its afore
principal office, one or more off
for the transaction of its busin
whereat meetings Of its board of
rectors may be held, either withir
at any place or places without
State Of Arizona.
ARTICLE ".
(a) The total authorized car
stock Of this corporation shall
Three hundred fifty thousand g
000) dollars, divided into three II
sand five hundred (3,500) shares
the par value of One hundred q
dollars each, all common stock, J
vided, that the amount of said cap
stock may be increased or decrea
and may be issued in such amounts
shall be determined by the board
directors of this corporation, in
cordance with and as permitted by
laws OF the State of Arizona.
ARTICLE V.
(al The shares of capital stocl
this corporation may be issued
cash or services or property, az s
time on times as its board # di
tors may by resolution direct, Z
such conditions and terms as may
determined BY its board of direct
with full power and discretion YES
in it's board Of directors to fix
value of the property or services
exchange for which said shares
stock may be issued, and in the
sence of actual fraud any such val
lions so fixed shall be conclusive.
board of directors of this corporal
may sell said shares of stock or
thereof for cash at such price
prices as said board uf directors
from time to time by resolution
fernine
Oh All haras nf stuck Of