The Coconino sun., 1923-10-05
ARTICLE TIT

ARTICLE III.
The general nature of the business
and objects or purposes proposed tt
be transacted and carried on by this
corporation is as follows:
/ (a) To buy, own, hold, sell, barter
exchange, mortgage, pledge, hypothe-
cate, breed, raise, fatten, market anc
otherwise dispose of and deal il
horses, mules, cattle, sheep, hogs ano
other live stock, and generally to com
duct and carry on q ranch and live
stock business, either within or with
out the State of Arizona.
lb) To buy, own, hold, sell, barter
exchange, lease as lessor or lessee
mortgage, improve, cultivate, operate
subdivide, and otherwise dispose OF
and deal in lands and property either
within or without the State of Ari-
zona, and any and all interests there
In, Wheresoever 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 i'm
provement, operation and maintenance
of any property, owned, held or con-
trolled by this corporation.
| (c) To lend money to any and all
other persons, firms, associations on
corporations, whether foreign or do
mestic, upon the security of mortgage
or mortgages on horses, mules, cattle,
sheep, hogs and other live stock, Oh
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 may be determined
by the board of directors of this cor
peration.
I'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, asso-
Citations or corporations, or by any
government or governmental subdiv-
ision or body polite, whether foreign
or domestic; and whether now or here
after organized; and while the holder
thereof to exercise any and all rights
and privileges of ownership, including
the right to vote thereon, to the same
extent as a natural person might or
could do.
(e) To conduct and carry on a
general agency and brokerage busi-
axo1 10 oof Rrn
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 slbdiv-
ision or body polite, 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 manufac-
tured, of any and every kind or de-
Scrlption, wheresoever 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, 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, 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
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
SudFduLOT any anu dll OLu6E persons,
firms, associations and corporations
of whom or of which any shares,
stocks, ,iebentures, 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,
expedieit and necessary for the pro-
lection and conservation of the inter-
ests of this corporation and its stock
holders so to do.
(D 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
Of any and every kind or
description, which may be necessary
or incidental to or the subject Of a
general mercantile and general manu-
featuring business.
(j) TO carry on any lawful opera
tion or operations, enterprise or en-
rerprises, either within or without the
State of Arizona, and to enter into,
make, perform and carry out con-
-. r.