The Coconino sun., 1923-09-21
ARTICLE III.

De lTdISdClGQs anu CdIT1GQ OH Dy ILLS
corporation is as follows:
(a) To buy, own, hold, sell, barter,
exchange, mortgage, pledge, hypothe-
cate, breed, raise, fatten, market and
otherwise dispose of and deal in
horses, mules, cattle, sheep, hogs and
other live stock, and generally to con-
duct and carry on ranch and live
stock business, either within or with
out the State Of Arizona.
(b) To buy, own, hold, sell, barter,
exchange, lease as lessor or lessee,
mortgage, improve, cultivate, operate,
subdivide, and otherwise dispose of
and deal in lands and property either
within or without the State Of Ari-
zona, and any and all interests there
in, wheresoever situate, together with
any and all improvements, tools, inn
plements, equipment, supplies, and
any and all other personal property Of
any and every description, in any way
necessary or advantageous to the inn
provernent, operation and maintenance
of any property, owned, held or con-
trolled by this corporation.
(c) To lend money to any and all
other persons, firms, associations or
corporations, whether foreign or do
mestic, upon the security of mortgage
or mortgages on horses, mules, cattle,
sheep, hogs and other live stock, or
| lands or other property of any and
every description, either within or
without the State of Arizona, or with
out such security, upon such terms
and conditions as may be determined
by the board of directors of this cor
poration.
(d) To buy, own, hold, control,
sell, negotiate, pledge, hypothecate,
barter, exchange and otherwise dis
pose Of and generally deal in shares,
stocks, debentures, bonds, scrip, prom
issory notes, mortgages, securities and
other evidences of indebtedness, of
any and every kind or description,
made, issued or created by any
and all other persons, firms, asso-
Citations or corporations, or by any
government or governmental subdiv-
ision or body polite, whether foreign
or domestic; and whether now or here
after organized; and while the holder
thereof to exercise any and all rights
and privileges of ownership, including
the right to vote thereon, to the same
extent as natural person might or
could do.
(el To conduct and carry on a
general agency and brokerage busi-
ness, and to act as agent, factor or
broker, either within or without the
State of Arizona for and on behalf
Of any and all other persons, firms,
associations or corporations, or any
government or governmental subdiv-
4 ision or body polite, whether foreign
or domestic, and whether now or
hereafter organized, in or about the
negotiation, creation, purchase or sale
of any such securities and property
aforesaid, to wit, horses, mules, cattle,
# sheep, hogs and other live stock, or Of
i lands, goods, wares, merchandise and
J materials, whether crude or manufac-
: tured, of any and every kind or de-
scription, wheresoeyer situate, and in
or about the transaction and carrying
on of any and ali kinds Of business as
such agent, factor or broker, and to
receive compensation therefor.
4 (f) To buy, own, hold, sell, lease
as lessor or lessee, construct, main
tain and operate reservoirs, canals,
bitches, dams, fumes, tunnels, aque-
ducts, conduits, pipes and outlets, nat
| ural or otherwise, for collecting, stor-
!. ing, developing, supplying and dis
: charging water for or in connection
! with or pertaining to irrigation, agri-
, cultural and live stock purposes, OF
: any thereof, together with all lands
I buildings and other Improvements in
: or upon which to erect, install, place
| use or operate any and all machinery
: equipment and appliances in any way
{ necessary or advantageous thereto.
l (g) To acquire the business, good
will, rights and property, and to un-
: dertake the whole or any part of the
business and assets and liabilities, oil
any and all other persons, firms, as.
Il 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 OF
guarantor any and all other persons
firms, associations and corporations
of whom or Of which any shares
5 stocks, debentVres, bonds, notes, mort.
Z 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 tht
. 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.
i) To conduct and carry on ths
, 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 OF
description, which may be necessary
! | or incidental to or the subject of I
general mercantile and general manu-
featuring business.
Cd To carry on any lawful opera
ton or operations, enterprise or en-
terprises, either within or without ths
State of Arizona, and to enter into
make, perform and carry out con
tracts of any and every kind for an,
lawful purpose, without other than le
gal restrictions or limit as to amount
with any and all other persons
firms, associations or corporations, o.
with any government or governmental
subdivision o.. body polite, wIhethei
-. I<Nx,a ae+Sa 111J uy hath or 1nu