The border vidette., 1923-10-20

Santa Cruz county, Arizona, and the
termination thereof shall be twenty. five
years thereafter, unless renewed or dis
solved by q majority vote of its men,
bers or by operation OF law.
w
The general nature OF the business
proposed to be transacted by this cor
poration is:
TO locate, lease, purchase. own or
otherwise acquire, and to sell, let, hypo.
tEecate or otherwise dispose Of mines,
mining claims ard ores, tailings and
bullion;
To purchase, own or otherwise ac-
quire, and to sell, Let, hypo hecate, or
otherwise dispose of patents for mining
claims and to purchase title TO mining
claims from the United States or for
eign countries;
TO develop, manage, and operate and
improve mines and mining claims. and
to mine, mill and emelt ores;
To own, construct and purchase,
lease or otherwise acquire, and to sell
| or otherwise dispose OF all kinds of
buildings, machinery, tools and other
! personal property, necessary or con-
venient for mining purposes. or for pro
ducing, milling. smelling, storing. car
! ing for and dealing in. handling or
i transporting of ores. minerals and
| chemicals OF all kinds;
To own. construct, maintain and
operate and dispose Of roads, tracks,
tramways, wagons. cars and automo.
biles. together with the necessary
| equipment to operate or handle the
same and all other necessary equip.
mont to operate or handle the same.
and all other personal property neces
| sRry or convenient in Transporting and
handling property of this corporation;
! To build, operate and own, sell or
'Otnerwise dispose o; railways, ,tramways.
turnpikes and canals necessary or con.
venient for transporting ores, minerals,
chemicals or mining products from the
property OF this corporation to any
public highway;
| To purchase, develop and otherwise
acquire. own or store, sell and otherwise
dispose OF water, water rights pumping
plants and bitches. fumes aad pipe lines
or other conduits for cOnd ucting water;
10 purchase and otherwise acquire,
own or evelOp. manage, operate, gen.
crate, store, sell and otherwise dispose
OF electricity for the purposes of heat,
light and power;
10 purchase, lease, own and other
wise acquire and to sell. Let and hypo-
thecate or otherwise dispose of all kinds
OF personal property;
| To purchase. subscribe for, or other.
wise acquire, own, hold and sill or
Otherwise dispose of stocks, bonds and
securities OF other corporations, and of
this corporation;
! 10 establish and carry on agencies. Of
fices, warehouses; factories. mills, hoists,
shops, or other necessary or convenient
! pla ces OF business and to sell articles
and products produced by itself or
other persons or corporations in the
State of Arizona, ard other States of
the United States and foreign countries;
! 70 purchase, lease, or otherwise ac-
quire, own. hold and to sell, let. mort.
gage or otherwise dispose of real prop
erty and develop, manage, operate and
improve land, mill sites, towns and
townsites. and land sub divisions;
| TO purchase, lease or otherwise &C.
quire, either in the United States or in
foreign countries, and to own, hold or
to sell or otherwise dispose of or hypo.
thecate ranches, ranch and range lands,
and real estate OF every description and
to buy, breed, sell and handle cattle
and other live stock and the products
thereof;
! To loan and to borrow money, and
execute. indorse, guarantee the pay
ment OF, hold. own, sell or otherwise
dispose OF bonds, notes and other evid.
ence OF indebtedness; and to do any act
or thing necessary. proper or conven.
lent. for the prosecution or carrying out
OF the purposes herein before mention.
ed. for the carrying on OF a general
mining. milling and (or) smelling busi-
ness, and the subdividing and selling of
lands. mill sites and townsites, and the
construction and building OF roads,
streets, alleys, and other improvements
thereon, and generally to do and per-
form all acts and things which are
legal and proper for natural person
or persons to do, and which may be
conducive to or expedient or necessary
in the carrying out of the business of
this orrorstion; all of which business
may be carried on at such place or
places, either In the United States or
| in foreign countries, as the Board Of
Directors may at any time determ ne to
| be Tor the best interests OF the corpora.
tion.
"
The Capital Stock of this corporation
shall be one million two hundred and
| fifty thousand shares of the par value
Of fifty (50o) cents per share; at such
time and under such conditions as the
Board OF Directors may determine.
subscriptions to the capital stock shal,
be paid for either in cash or by the
sale and transfer to the corporation Of
real or personal property, or for SER
vices rendered on behalf of the corpor-
| alton; and said stock when issued shall
be fully paid and non -assessable, and
in the absence OF actual fraud the de.
termination by the Board OF Directors
as to the value OF any property pur-
| chased or services rendered shall be
conclusive.
| VI.
The highest am cunt OF Indebtedness
or liza bility either direct or contingent