Bisbee daily review., 1903-08-07

tory of Arizona. is to be transacted. fl Bisbee, Cochise county, Arizona. The principal place of business of this cor porafion outside of the territory of Ari- county of Houghton. and state of Mich lgan. at which meetings of the Board of Directors may be he'd. and the corpor- aton may have such branch offices, either within or without the territory of Arizona. as may be established by the Board of Directors.
 III.
 The general nature of the business proposed to be transacted by this corpor- ation is as follows, to-wit:
 To make contracts: to purchase, lease. bond. locate or otherwise acquire, own. exchange. Sell or otherwise dispose of. pledge. mortgage, hypothecate and deal in real estate and any and all kinds of personal property. mines. mining claims, oil lands. mineral lands. oil. gas, asphalt um, petroleum, asbestos. salt, water and water rights and machinery, and to yelop the same: to do a general real estate, manufacturing and mercantile bnsiness. to own. handle and control letters patent and inventions, and s-lares of capital stock of other corporations; to sborrow money and execute notes. bonds. mortgages or deeds of trust to secure the same. and to exercise in respect of all such bonds. mortgages, notes. shares of capital stock and other securities and obligations any and all rights, powers and privileges of individual owners thereof, including the right to vote upon any shares of stock held by it. to the same extent that natural person might or could do; and in general to do ail things necessary to the proper conduct Of the business of this corporation in the territory of Arizona and elsewherb. not inconsistent with the laws of the United States and the territory of Arizona
 ".
 The amount of the capital stock of this corporation shall he fifteen thousand ,sl5.OOOOO) dollars. divideu into six hum dred (60W shares of the par value CT twenty-five Cs25.00l dollars each. And al such time as the Board of Directors may bv resolution direct. said capital stock shall be paid into this corporation. either in cash or by the sale and transfer to It of real or personal property TOT the uses and purposes of said corporation, in pay ment for which shares Of the capital stock so issued may or may not thereoy and thereupOn become and be fully paid up and non-assessable-
 The time of the commencement of this corporation shall be the date or the filing of these Articles of Incorporation in the office of the secretary of Arizona. and the termination thereof shall be twenty-five years thereafter.
 The affairs of this corporation are to b. conducted by board of five directors. and the following named are to constr tute the Board of. Directors nrElI tnfIr James l.. Naukervis. Jesse Eogler' Thomas Maslin. R. Skin Shelden. There after the Board Of Directors sndli A' elected from among the stockholders as the bylaws of the corporation may H'"- vide The officers of this corporetlo on until their successors are elected: snail be: Henry J. Vivian. president. Thomas Maslin. vice president: Jesse NOgler. See retary, and James L. Naukecv's ue;'s- Lrer.
 The highest amount >f indebtedness CT lia ability. direct or contingent, tc NvniSh this corporation is at any time sni3ect shall be len thous prd collH:s, NhFh the amount of the capital stock Of such 
 VIII.
 The private property Of the stockhold- CTS of this corporation snail he exempt from corporate debts of any kind what soever .,.o In witness whereof we have he-ehnto set our hands and seals this oth day or May, 1903. .,