Bisbee daily review., 1903-10-07

quire. own, hold. sell. bond. rent, lease. and sub-let water, water rights machi- nery, supplies, materials and other ar ticles necessary or convenient for use connection with and in the carrying on of the business herein mentioned. or any part thereof.
 Co To purchase or otherwise ac- Quire. own, hold, sell bond, rent, lease. sub-let maintain. manage or construct pipe lines. tracks, reservoirs. roads, tramways, fumes. ditches. canals. em- bankments, telephOne or telegraph lines, railroads and other works, prop erty or appliances, that may be incl dent or auxiliary to the main business of this corporation, as set forth in sub- division "a' hereinabove, or that may be deemed necessary, expedi- ent or useful or convenient to said main business, by the board of d. restors of this corporation.
 (d) To sell, convey, bond. lease, martgage or otherwise dispose of any and all of its property of ev- cry character whatsoever.
 ARTICLE W.
 The amount of the capital stock of this corporation shall be One Million Dollars ($1. .000, ,00O). divided into one million 1000 .000) shares of the par value of One Dollar (S1 00) each.
 ARTICLE V.
 The time of the commencement of this coronation shall be the date of filing the office of the Auditor of the Territory of Arizona, of a certi. fled copy of the articles of incorpo ration. and the termination thereof shall be twenty-five (25) years there after
 ARTICLE VI.
 The affairs of this corporation shall be conducted by a board of di rectors consisting of not less than seven CD persons. who shall be shareholders.
 The first directors shall be George Bennett, I. E. Holmes. Gano S. Crock ct George c. Walker, Chas E. Trot. { man, H. NJ. Wood and J. F. Sinclair all of the City of Bisbeet, County oi Ccchise. Territory of Arizona; who shall hold office until the second i Monday in October, 1904, and un. i til their successors are elected ana | qualify. thereafter the directors at stockholders meeting. to be held al the office of the company on The hrst Monday in October, at 10 o'clock a. m in each year. shall be elected and qualify for the term of office commencing on the said second Mon day in October of each year. The board Of directors shall have powe, al any time to fill vacancies therein ARTICLE VII. Phe officers of this corporation snail be president. vice president secretary, treasurer, ana such minor offices as the board of directors ma, { from time to time deem it wise ol expedient to have.
 | The president. vice president. sec ] retary and treasurer shall be electet { annually by the board of director, rom their own nurber at the frs [ meeting of the board following tht ! annual election of the said directors 1 The office of secretary and treasurer may in the discretion of the boart ! of directors, be held by one person
 ARTICLE VIII. The highest amount of indebted ness or liability to which this corpo I; ration is at any time to subject il self shall in no case exceed the sun Of One Hundred and Fifty Thousan Dollars ($150.00O.)
 ARTICLE TX. The board of directors shall adop bylaws for this corporation whicl may be repealed or amended b. said board.
 q ARTICLE x.
 The private property of the stocl holders of this corporation shall b exempe from any and all liabilit for the corporate debts of this col poration.
 IN WITNESS WHEREOF We nav hereunto set our hands and seal this 2Sth day of September, 1903.
 GEO. BENNETT. (Seal) I. E. HOLMES. (Seal.)
 GANG S. CROCKETT. (Seal.)
 GEO. WALKER (Seal)
 CHAS. E. TROTMAN, (Seal.)
 Territory of Arizona,)
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