The Coconino sun., 1923-10-05

associations or corporations, or any
government or governmental subdiv-
ision or body polite, whether foreign
or domestic, and whether now or here
after organized, in or about the ne
gotiations, creation, purchase or sale
of any such securities and property
aforesaid, to-wit, horses, mules, cat.
tie, sheen, hogs and other live stock
or of lands, goods, wares, merchandise
ana materials, whether crude or man
ufactured, of any and every kind OF
description, wheresoever situate, and
in or about the transaction and car
rying on of any and all kinds Of bust
ness as such agent, factor OF 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
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 evil
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.
G) 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 or
description, which may be necessary
or incidental to or the subject of
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 out con-
tracts Of any and every kind for any
lawful purpose, without other than
legal restrictions or limit as to
amount, with any and all other per-
sons, firms, associations or corpora
tions, or with any government or gov
ernmental subdivision or body polite,
whether foreign or domestic, and
whether now or hereafter organized,
and generally to deal in any and all
property, real, personal and mixed, of
any and every 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 secur-
tiles or evidences Of Indebtedness of
this corporation therefor, 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, IL
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 manufactures 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
for the use of any and all such let
ters-patent, licenses, concessions and
grants aforesaid, and generally to
deal in such products and articles
aforesaid or any thereof.
Q) To borrow money for its COR
porate purposes; to make and issue
its bonds, debentures, promissoryI
notes, and other obligations, or either
or any thereof, as evidence of its in
debtedress so created; to issue shares
of its capital stock in payment for
property, real, personal or mixed, pur-
chased or acquired by it, or for any
other lawful object or purpose in and
about its business; to negotiate its
contracts for the sale by it for its
bonds or debentures, and any other
lawful contracts, for such considera-
ton to this corporation and upon such
lawful terms and conditions as in the
Judgment of its board of directors
may be expedient and for the best in
terests of this corporation and its
stockholders; and to mortgage, pledge
or hypothecate all or any part of its
property, real, personal and mixed,
wheresoever situate, to> secure its
bonds, debentures, promissory notes,
contracts, and other obligations, or
either or any thereof, by it made, is
sued or incurred, whether as princi-
pal or as such surety or guarantor