The Coconino sun., 1923-09-28


business IS such agent, factor or bro
ker, and 10 reeef.e compensation
therefor
I'D To buy own, held, sell, lease
as lessor or lessee, construct, main
/ tain and operate reservoirs, cana
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 connectsor
with or pez taining - irrigation agri-
cultural and 1--we stoel; purposes, ol
any thereof, together with AL lanas
buildings and other improvements "a
er upon which to erect, install, place
use on operate any and 81 macl1ifs-
/ cry equipment ard appliances Ia any
! way necessary or 4d4ant.@aeas
thereto.
lg) To acquire the business, good
| will, rights and property, and to ufl-
dertalSe the whole or any part Of the
business and assets and liabilities, Of
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 OF
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 naan-
ufactured, of any and every kind or
description, which may be necessary
or incidental to or the subject of
general mercantile and general man
ufacturing business.
I'D To carry on any lawful opera
ton or operations, enterprise or en-
ferprises, either within OF without the
State Of Arizona, and to enter into.
make, perform and carry out con-
tracts OF any and every kind for ans
lawful purpose, without other than Ie-
gal restriction or limit as to amount,
with any and all other persons, firms,
associations or corporations, or with
any government or governmental sob
division or body polite whether for
eign or domestic, ard whether now o.
hereafter ORGANIZED, and generally to
deal in any and all properly, real
personal, and mixed. Of any 0nd ev-
cry kind CT description, waeres0evee
situate
fk) To apply for, obtain and ac-
uuire By purchase or otherwise, either
By the payment of money or by ehe
exchange Of shares of st5e1 or se.
curities or evidences Of indebtedness
of this corporation therefor, and te
own, hold, control, sell. assign, trans
Ter, or Otherwise dispose Oft letters
patent Of the United States Of Amer
lea, and of any other country or coln-
tries, licenses, concession AID grants,
for or in respeci of Inventions rclae-
ing to any ard all products and art
icles which may be the subject of let-
ters- patent, or 10 manufacturing De-
vices, appliances, tools and machinery
for the manufacture ard pIoduc. 81
Of any and al products ard 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 for
the use Of any and all such letters
patent, licenses, concessions, end
grants aforesaid, and generally 10
deal In spef products and articles
Aforesaid cr any thereof
ll) 10 borrow money FOR its corr
porate pllposes; TO make and issue IS
bonds debeaures, proniss0ry notes,
and other obligations, or either Or cry
thereof, as evidence of its indebted
ness 50 created; to issue shares Of its
capital stock in payment for property,
real, personal or mixed, purchased or
acquired by it, or for any other law
ful object or purpose in and about its
business; to negotiate its contracts
for the sale by it of its bonds or de-
bentures, and any other lawful con-
tracts, for such consideration to this
corporation and upon such lawful
terms and conditions as in the judg-
ment of its board of directors may be
expedient and for the best interests
Of this corporation and its stockhold-
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 any
thereof, by it made, issued or incur
red, whether as principal or as such
surety or guarantor aforesaid.
I'M To have and maintain, other
than and in addition to its aforesaid
principal office, one or more offices
for the transaction Of its business,
whereat meetings of its board of di-
rectors may be held, either within or
.at any place or places without the
State of Arizona.
ARTICLE ".
(a) The total authorized capital
stock Of this corporation shall be
Three hundred thousand (300,000)
dollars, divided into three thousand
$4,000 shares of the par value of
One hundred f100) dollars each, all
common stock; provided, that the
amount Of said capital stock may be
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