The Coconino sun., 1923-11-02

ker, and to receive compensation
! therefor
(f) To buy, own, hold, sell, lease
ss 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 machin-
cry, equipment and appliances in any
way necessary or advantageous
thereto.
tg) 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
i sociatlons 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
(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 judgement 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.
(l) To conduct and carry on the
business of purchasing, manufactur-
ing, producing, selling and generally
dealing In goods, wares, merchandise,
and materials, whether crude on 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.
CD To carry on any lawful opera.
ton or operations, enterprise or en-
terprises, either within or without the
State of Arizona. and to enter into
make, perform and carry cut 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 SUBJ |
division or body polite, whether for
elgn or domestic, and whether now or |
hereafter organized, and generally to |
deal in any and al 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 coum-
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.
ers-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
or otherwise dispose of or deal with
state, county, city and town rights foi
the use of any and all such letters
patent, licenses, concessions. and
grants aforesaid, and generally to
ieal in such products and articles
aforesaid or any thereof.
(D To borrow money for its cor .
Dorate puposes; to make and issue its
ponds, deDentures, pronlissory notes, !
and other obligations, or either or any
hereof, as evidence of its indebted
less so created; to issue shares of its
:apltal stock in payment for property,
'eal, personal or mixed, purchased or
acquired by it, or for any other law ..
ul object or purpose in and about its
business; to negotiate its contracts
or the sale by it of its bonds or de- :
ventures, and any other lawful con-
racts, for such consideration to this
and upon such lawful !
erms and conditions as in the iudg-
nent of its board Of directors may be
xpedient and for the best interests q
t this corporation and its stockhold- Z
rs; and to mortgage pledge, or hy- /.
all or any part of its prop !
rty, real, personal and mixed, where !
oever situate, to secure its bonds, de- =
entures, promissorv notes, contracts,
nd other obligations, or either or any Q
hereof, by it made, issued or incur,
ed, whether as principal or as such 9
arety or guarantee aforesaid. q
(m) 10 have and maintain, other !
IAN and in addition to its aforesaid :
rincipal office, one or more offices Il
or the transaction of its business, :
'hereat meetings of its board of di- !,
ectors may be held, either within or :
any place or places without the =,
tate of Arizona. y
ARTICLE w.
(a) The total authorized capital
ock of this corporation shall be Two
lndred thousand (200,000) dollars, s
vided into two thousand (2,000) G.
ares of the par value of One hun
ed (1001 dollars each all common | a :