Bisbee daily review., 1903-02-10

sociated ourselves together for the pur- for profit under the laws of the terri | tory of Arizona, and to lnat end we 70 hereby adopt sign and acknowledge
 these articles of incorporation as fol- lows, to-wit:
 Article I-The names of the incorpora- tors are John Q. Braun and Neil F.
 Article II. The name of this corpora ton shall be the Braun and Ferguson Company. Article III The principal place of | transacting the business of ,nis corpora | ton shall be at Bisbee in Cochise coun- | ty. Arizona. But it's business may be carried on in any portion of the United States and in the Republic of Mexico, 1 and it may haze such branch offices as | it's beard of directors may from time to board of directors may be held at any | such branch office
 Article ". The general nature of the | business proposed to be transacted by
 this corporation is general mercantile | business.
 Article V. 4ne capital stock of this 1 corporation shall be Five Hundred Thou
 sand Dollars (s500, ,0oO) divided into Five l Thousand shares of the par value of | One Hundred Dollars Cs100) eacn; and said stock shall be further divided into ] two classes, to wit: preferred and com
 mon; there shall be two thousand shares | of preferred and three thousand shares | of common; said preferred and common l stock when issued shall have like voting power, that is to say that each share | of common stock shall have equal voting power with each share of preferred; the preferred stock sha4. be entitled to re- ceive a cumulative dividend of s per cent per annum on the par value thereof, !
 mon stock shall participate in the profits of the corporation; after the preferred l stock shall have received per cent in dividends, il there shall be any profits | remaining they may be divided pro rata l among the common stock, the preferred |
 at any time outstanding may be pur- | | hoe
 upon sucn terms as may be agreed upon
 by the owners thereof and d majority | of the shares of the common stock. indebtedness and liability. direct or con-
 ungent, to which this corporation is at
 any time to be. subject shall at no time
 kIfty Thousand Dollars i$25OO0O).
 Article VII All of the powers and
 priviliges granted and conferred by of Arizona, for 1901, are hereby claimed and accepted for this corporation.
 Art...e VII. The private property of exempt from liability for the debts Of
 Article TX. This corporation shall com mence and endure for the period of twen- ty-tve (25) years from the time when these articles of ncorpora tiOn are filed for record in the office of the recorder of Cochise county, Arizona territory.
 article Y. The affairs of this corpora tion shall be managed by a board Of directors consisting of five persons. and the names of those who shall act as such for the first year and until theif successors are elected and accepted are John c. Braun. Neil E. Ferguson, J. o. Bigelow. W. C. Campbell and F. D. Lanterman; and there shall be such oth- er officers and agents with such duties and powers as may be provided in the by laws or the board Of directors may from time to time determine: by laws shan be adopted by the board of dlrec- tors, subject, however. 10 amendment at all meetings of the each snare O. issued stock shall be entitled 10 vote. and written proxies may be given which shall en- title the holders thereof to vote for the owners Of snares the same as though they were personally present.
 Article Xl. The stock of this corpora ! ton both preferred and common may, in the discretion of the board of directors, {! be issued as full paid and non -assessable n payment for services and property and the determination of the board of !! directors on the question of value of such services of property shall be final and conclusive s
 IN WITNESS WHEREOF. We have lereunto set our hands and seals this $ ,gth day of December I902.
 JOHN c. BRAUN. (Seal.)
 NEIL F. FERGUSON, (SeaD State Of California, County of Los Angeles, ss)
 Before me G. G. Johnson, notary pub ic in and for said county and state on ] his day personally appeared John c. Braun, known to me 10 be the person ] whose name is subscribed to the fol >.go- Z ng instrument and acknowledged to me hat he executed the same for the pur- ? pose and consideration therein expressed. |
 Given under my hand and seal of of ice this 20th day of December. A. D. 19J2. |
 G. G. JOHNSON, Notary Public. {
 My commission expires the 29th day of | March. 1905. Territory of Arizona County of Cochise. ss)
 Before me, M. J. Cunningham, notary public in and for said county and terri tory on this cay personally appeared 5 Neil E. Ferguson, known to ne to be the person whose name is subscribed to the foregipg instrument, and acknovl- !? edged to me that he executed the same r! for the purpose and consideration there-d 2 in expressed. Given under my hand and seal of office this End day of De ceInber. A D. 1902.
 M. J. CUNNINGHAM, Notary Public
 My commission expires the 4th day of { January, 1Sol. Territory of Arizona, County of Cochise, ss.) IS
 l. Frank Hare, recorder of Cochise tify that the above and foregoing fs a true and correct copy of the articles of of The Braun and Fergu- son Company, filed for record in my of fee on the 22nd day of December, A D, 1902 at 9 o'clock D. m, and recorded in 1 book 2 Interpretations, at pages 2SS to | 3Ol inclusive. In witness whereof I have , heTeunto set my hand and official seal this 22nd day of December, 1902.
 FRANK HARE, Recorder of Cochise County, Arizona