Bisbee daily review., 1903-11-26


 and seaports. franchises, machinery and apparatus. stamp mills, smelters, refineries and processes, and to main- tain. use. operate rhe same for mining. extracting, milling, reducing, refining and other wise treating. shipping, han ding and otherwise dispose of ores for the recovery of gold, silver. cop per and other metals and mineral oils. Also to. own, sell, purchase. mortgage. and otherwise to acquire ana dispose of real estate and other property in cluding townsites, and to mine, extract reduce and smelt, refine ana treat, ship and handle ores and oil for itself and custom. Also to deal in merchandise to create indebtedness and execute promissory notes and other evidences of indebtedness. and to secure the pay ment thereof and to pay the same in capital stock or money or otherwise, it being provided that the highest amount of indebtedness and liability shall not at any time exceed in the aggregate the sum of one hundred thousand dol .ars ($100, ,000.00), anu to do and perform any and all acts necessary to be done for the purposes aforesaid, whenever and wherever deemed advis- abe by the board of directors of said corporation, within said territory, with in the said United States and repub- lie of Mexico.
 Fifth-The time of commencement of this corporation shall be on the date Of the filing of these articles of incor- poration in the office of the county re corder of the county of Cochise, in the Territory Of Arizona. and the. term or the corporation and the time of which it shall endure shall be twenty-five years from and after the date of the filing of these articles of incorpora- tion in the office of the said county re- corder, at the expiration of which twenty-five years the corporation shall terminate and end. unless renewed pur- suant 10 the laws of the Territory of Arizona
 SiXth-The management and con- trol of the corporations business and affairs and property shall be vested in ard conducted by board of directors. consisting of not less than three (3) or not more than nine (9) directors, who shall be selected each year from the shareholders at the regular annual meeting. as the bylaws may direct. They shall hold office for one year un- til their successors are elected. The following shall constitute the directors pro tenn until their successors are elected and have qualified: John P. Hallihan. Harry J. Little, G. D. Cash. J. T. Fifield. E. H, Lee. August Frit- sche. Ralph Halloran, F. s. Wilekin, " R. Walling
 Seventh-No person shall be eligi- ble to hold office or to be a director who is not a shareholder. and if any director ceases Jo be a shareholder he shall cease to be a director thereof If a vacancy in the board of directors oc- CUTS from this or any other cause, it shall be filed by the remaining mem bers by election of another stOckhol- der to fill this vacancy.
 Eighth-The officers of this corpora ton shall be a president. a vice pres ident. second vice president. general manager. secretary and treasurer. and the board of directors may appoint such other officers, agents and en- ployees as they may deem advisable. The president, vice president. secre- tary and treasurer shall be members of the board of directors and shall hold
 
 sors are elected and have qualified, but all other officers, agents and em- ployees may or may not be members of the board of directors. The board of directors may, at their pleasure. unite the offices of general manager with that of president, vice president O. second vice president. secretary or treasurer. The board of directors shall have power to fill any vacancy occur ring on the board or in any office for the unexpired term of the predecessor in office, until the successor is elected and has qualified.
 Ninth-The officers of said corpora ton. until their successors are elect ed and have qualified, shall be John P Hallihan, president; Harry J. Little. vice president; Jos. s. Fifield. second vice president; Gabriel D. Cash, secre- try. and Victor B. Walling. treasurer.
 Tenth-The board of directors are authorized to establish bylaws. and to alter and amend same, and to make all rules and regulations deemed expe- dient and necessary for the manage ment and control of the business af fairs of the corporation and for the control of the officers thereof. not in consistent with these articles of in corporation. the laws of the Territory of Arizona and the laws and constitu- tion of the United States of America. majority of the directors shall con- stitute quorum for the transaction of any business and affairs of the cor poration. The private property of the and members of this cor poration shall be exempt from any and all liabilities Of corporate debts of the corporation, and each and every one of the members and shareholders of. the corporation present and future and taeir private property are hereby ex- empt from liability for corporate debts | Of the corporation.
 Eleventh-These articles may be amended al any annual or special ! Of the shareholders of the | by the affirmative vote of two-thirds of all the shares then pres | ent and voting thereon, provided Q fif l teen cay written notice of the intend | ed amendments has been given the shareholders.
 Tn witness whereof we have here | unto set our hands and seals this 3rd | day of November, 1903.