The Coconino sun., 1923-10-12

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organized; and while the holder there.
of to exercise any and all rights ano
privileges of ownership, including the
right to vote thereon, to the same ex-
tent as natural person might OF
could do.
(e) To conduct and carry on q
| general agency and brokerage busi-
ness, and to act as agent, factor OF
broker, either within or without the
State of Arizona for and on behalf oil
any and all other persons, firms, as
| sociations or corporations, or any
government or governmental subdiv.
ision or body polite, whether foreign
or domestic, and whether now ol
hereafter organized, in or about thu
| negotiation, creation, purchase or sale
of any such securities and property
aforesaid, to-wit, horses, mules, cat.
tie, sheep, hogs and other live stock
or of lands, goods, wares, merchan-
disc, and materials, whether crude o.
manufactured, of any and every kind
or description, wheresoever situate
and in or about the transaction and
carrying on of any and all kinds OF
business as such agent, factor on bro
ker, 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, 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
buildings and other. improvements in
or upon which to erect, install, place
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-
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, 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.
iii To conduct and carry on the
business of purchasing, manufacture
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 9
general mercantile and general man.
ufacturing business.
Cd 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
I associations or corporations, or with
any government or governmental sub
division on 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 ev-
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 relat-
| ing to any and all products and art
icles which may be the subject of let
| ters- 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 uss
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, and
grants aforesaid, and generally to
deal in such products and articles
| aforesaid or any thereof.
ID To borrow money for its cor
porate purposes; to make and issue its
bonds, debentures, promissory notes,
and other obligations, OF 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 it's 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