The Coconino sun., 1923-11-09


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, or
any thereof, together with all lands,
buildings and other improvements in
or upon which to erect, install, place
I use or operate any and all machin-
cry, equipment and appliances in any
way necessary or advantageous
| thereto.
(g) To acquire the business, good
will, rights and property, and to un-
dertal1e the whole or any part of the
business and assets and liabilities, of
| any and all other persons, firms, as
soci2tions 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, selli !, and generally
dealing in goods, wares, merchandise,
and materials, whether crude or man
| description, which may be necessary
or incidental to or the subject of
general mercantile and general man
ufacturing business.
| (O To carry on any lawful opera
tion 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 ey-
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 celat-
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
4 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, and
grants aforesaid, and generally to
deal in such products and articles
/ aforesaid or any thereof.
Cd To borrow money for its cor
/ porate puposes; to make and issue its
bonds, debentures, promissory notes,
and other obligations, or either or any
thereof, as evidence of its indebted
ness so 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
| full 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.
4 (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 Nv.
(a) The total authorized capital
stock of this corporation shall be
Three hundred fifty thousand $780,
I000) dollars. divided into three thou
sand five hundred (3,500) shares OF
the par value of One hundred (100)
dollars each, all common stock; pro
vided, that the amount of said capital
stock may be increased or decreased
and may be issued in such amounts as
shall be determined by the board OF
directors of this corporation, in ac-
cordance with and as permitted by the
laws Of the State of Arizona.
4 ARTICLE ".
/ (a) The shares of capital stock OF
thiS corn0rati0n NAV he iggund f0l