The Coconino sun., 1923-10-19


and deal in lands and property either
within or without the State of Ari-
zona, and any and all interests there
in, WHATSOEVER situate, together with
any and all Improvements, tools, i'm
plements, equipment, supplies, and
any and all, other personal property
of any and every description, in any
way necessary or advantageous to the
| improvement, operation and lnainten-
ance of any property owned, held or
controlled 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 aay 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, associations or
corporations, or by any government or
governmental subdivision or body poll
itic, whether foreign or domestic; and
whether now or hereafter organized;
and while the holder thereof to exer-
else any and all rights and privileges
Of wnership, including the right to
vote thereon, to the same extent as
natural person might or could do.
(e) To conduct and carry OH gem
eral agency and brokerage business,
I 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 subdivision or body pol
itic, 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 lands, goods, wares,
merchandise, and materials, whether
crude or manufactured, of any and
every kind or description, whereso-
ever situate, and in or about the
transaction and carrying on of any
and all kinds of business as such
agent, factor or broker, and to receive
compensation therefor.
(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,
natural or otherwise, for collecting,
storing, developing, supplying, ana
discharging 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,
use or operate any and all machinery,
equipment and appliances in any way
necessary or advantageous thereto.
(g) To acquire the business, good
win, rights, and property, and to un-
dertake 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 or
guarantor any and all other persons,
firms, associations and corporations of
whom or Of which any shares, stocks,
debentures, bonds, notes, mortgages,
securities, or other obligations or evi-
denses of Indebtedness, of ary 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.
III 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.
G) To carry on any lawful oper-
alton 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
| la.ful purpose, without other than
! legal restrictions or limit as to
amount, with any and all other per-
sons. firms, associations or corpora
tions, or with any government or gov
! ernnental subdivision or body polite,
whether foreign or domestic, and
whether nor or hereafter organized,
and generally to deal in any and all
property, real, personal, and mixed, OF
any and every kind or description,
wheresoever situate.
(k) To apply for, obtain and ac-
quire by purchase or otherwise, eth
er by the payment of money or by
the exchange of shares of stock or
securities or evidences of Indebted
ness of this corporation therefor, and
| to own, hold, control, sell, /. assign,
transfer, or otherwise dispose Of let
ters-patent Of the United States of
| America. and of any other country