Bisbee daily review., 1902-06-18
ARTICLES OF iNcoRPoRAToN.
Of the Miners and Merchants Bank.

OI tne Wihers ana mercnantS bank.
 Know all men by these presents, That we, the undersigned. have this day voluntarily assC ciated ourselves together for the purpose of forming a corporaton under the laws of the terri tory of Arizona, and We do hereby certify and adopt the following articles of incorporation:
 l. The names of he incorporators are L. c. ShaItuck, Jacob Schmid, l.. J. Overlook, Joseph Nj. Muheim, Peter Johnson. s. K. Williams and J. T. Hood, all Of the city of Bisbee, County of Cochise. Territory of Arizona.
 2. The name of said corporation shall be Miners and Merchants Bank, and its principal place Of tran sacting business shall be at the City of Bisbee, county of Cochise. territory of Arizona. but may have branches at such other places as the board Of di rectols may from time to time direct.
 3. The general nature of the busi ness proposed to be transacted is to discount and negotiate promissory notes, drafts, bills of exchange and other negotiable instruments; 10 re- ceive deposits, payable on demand or otherwise: to buy. sell and issue drafts and bills of exchange: to buy and sell gold dust, bullion. coin and currency of all kinds; to purchase, hold and convey bonds, securities, warrants and other evidences of indebtedness of all kinds; to purchase. hold and convey real and personal property; to make collections and act as agent for any person. firm or corporation, to loan money on real or personal property or personal security, to take and hold stock, bonds, warrants and other Avi- dence of ownership or indebtedness as collateral security, and generally to do any and all acts necessary or in cident5l 70 a general banking business. not inconsistent with the laws of the territory of Arizona, made and pro- vided for the government of corpora- tions.
 I The amount of the capital stock of this corporation shall be fifty thou sand 1850, ,000. .00) dollars, divided into five hundred (500) shares of a par value of one hundred (S100 00) dollars each, all of which shall be paid in 2; the time of the commencement of this corporation.
 5. The time of the commencement of this corporation shall be the first day of July. 1902, and such existence shall continue for period Of twenty five (25) years from and after said date
 $. The affairs of this corporation shall be conducted by a board of di- rectors. consisting of five stockhold- CTS. who shall be elected annually at the time and in the manner provided - -he bylaws of this corporation. C.s a-l of eh 1l. their own number the following off cers: President. vice president and cashier. The first board of directors shall be l.. c. Shattuck. Joseph M. Muheim. l.. J. Overlook, Jacob Schmid and J. T. Hood. who shall hold office until their successors are elected and qualified Any director ceasing to be stockholder shall cease to be di- rector. and the board of directors shall have power at any time to fill vacan- cies therein.
 :. The highest amount of indebted. Ee.s and liability. direct 0. contin- gent. to which the oa--o-a-io1 shall at any time subject ;t5el:. shaIl in no case exceed two-tEi-@= f9-3) of the amount of the car.,al Stcck; but the receiving of deros;Ss. .ssding certifi- cates of deposit, checks and bills of exchange and the like shall not be con- strued to be the creation of debts within the meaning Of this article.
 s. The private property of the stock holders shall be exempt from any and all liability for corporate debts
 Tn witness whereof. we have here unto set our hands this 11th day of June, 4. D. 1902.
 l.. c. SHATTUCK,
 JAKOB SCHMID,
 l.. J. OVERLOOK.
 JOSEPH M. MUHEIM.
 PETER JOHNSON