The Coconino sun., 1923-07-27


out such security, upon such terms
and conditions as may 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 dispose of and
generally deal in shares, stocks, de-
bentures, bonds, scrip, promissory
notes, mortgages, securities and other
evidences of Indebtedness, of any and
every kind or description, made, issued
or created by any and all other per-
sons, firms, associations or corpora
tions, or by any government or gov
ernmental subdivision or body polite,
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 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 gen.
eral agency and brokerage business,
and to act as agent, factor or brok-
er, either within or without the State
of Arizona, for and on behalf Of any
and all other persons, firms, associa-
tions or corpo ations, or any govern
ment or governmental subdivision or
body polite, whether foreign or do
meStic, and whether now or hereafter
organized, in or about the negotia-
ton, creation, purchase or sale of any
such securities and property afore-
said, to-wit: Horses, mules, cattle.
sheep, hogs and other livestock, or
of lands, goods, wares, merchandise
and materials, whether crude or man
ufactured, of any and every kind or
description, wheresoever situate, and
in or about the transaction and carry
ing on of any and all kinds of busi-
ness as such agent, factor or broker,
and to receive compensation therefor.
I'd To buy, own, hold, sen, 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 livestock purposes, or any
thereof, together with all lands, build
lngs 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.
lg) To acquire the business. good
VIII, 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.
CHI 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-
dences 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. @Ft
(i) To conduct and carry on the bus
mess of purchasing, manufacturing
producing, selling and generally deal
ing in goods, wares, merchandise and
materials, whether crude or, manufac-
tured, Of any and every kind or de-
scription, which may be necessary or
Incidental to or the subject of a gen.
eral mercantile and general manufac-
turing 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 contracts
of any and every kind for any lawful
purpose, without other than legal re-
striction or limit as to amount, with
any and all other persons, firms, as
sociations or corporations, or with any
government or governmental SUBJ
division or body polite, whether for
eign or domestic, and whether now or
hereafter organized, and generally to
deal in any and all property, real, per-
sonal, and mixed, of any and every
kind or description, wheresoever sit
uate.
(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 secur-
tiles or evidences of indebtedness of
this corporation therefore, and to own,
hold, control, sell, assign, transfer, or
otherwise dispose of letters patent of
the United States of America, and of
any other country or countries, Ii
censes, concessions and grants, for or
in respect of inventions relating to
any and all products and articles
which may be the subject of letters
patent, or to manufacturing devices,
appliances, tools and machinery for
the manufacture and production Of
any and all products and articles Of
special or general use in any industry
or industries, or for general use and
consumption, and to sell, lease, or 9TH
erwise 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 afore-
said, and generally to deal in such
products and articles aforesaid or any
thereof.
ID To borrow money for its corpor-
ate purposes; to make and issue its
bonds, debentures, promissory notes.
and other obligations, or either or any