Bisbee daily review., 1903-10-28

ty. Territory of Arizona. and to that end the acquisition of lands and wa ter for the same, and inhabitants thereof. and the disposition of lhe same for the purposes aforesaid. The construction of hotels and operating the same. The construction of water works and the operation O. the same. The constructor of street railways and the operation of the same. The construction of systems of lighting by means of gas. electricity or other suit same The purchase and sale Of lands for any and all purposes. and the purchase and sale of water and water rights, and the loaning of money upon mortgage and other securities. and the purchase and sale of all personal property and choses in action. The carrying on of the business of banking in all it's forms. The construction of telegraph and telephone lines and sys- tens, and the operation of the same; and to hypothecate. mortgage, or pledge all or any part of the property which this corporation may hereafter acquire; to secure payment of such money with interest, or to secure the payment of any debt of this corpora ton with such interest thereon, as it may be legally obliged to pay. Third:
 The amount of the capital stock of this corporation shall be ONE HUN DRIED THOUSAND DOLLARS, divid- ed into ten thousand shares of the par value of ten dollars each, and the | time when it is to be paid shall be the time of making subscription to capital stock.
 Fourth: | The time of the commencement of this corporation shall be the day of | filing of these articles of incorporation n the office of the County Recorder | )f Coelise County, Arizona Territo- | V, and the termination thereof shall 1e twenty-five years thereafter. Fifth:
 The affairs of the corporation are to le conducted by a Board of Directors consisting of five persons. The first Board of Directors are to be elected by the stockholders, or those who have subscribed for stock on the books of the company, at any meeting which may be called by a ma jority of these incorporators for that purpose-who shall hold their office Iuntil the first annual meeting of the stockholders.
 The annual meeting of the stock holders shal, be on the First Wednes day after the First Monday in January of each year, but such time of meeting may be changed by the stockholders at any such annual meeting.
 The officers of the company shall be a President. Vice-President, Treasure and Secretary, each of whom shall b' a stockholder, and a member of the Board of Directors, except the Secre tary, who need rot be either, but who can be elected and dismissed at the pleasure Of the Board of Directors.
 No person shall be a director who l! not a stockhoIuer, and vacancies tha may happen at any time after the cleo tion of the Board. may be filled by tn remaining members of the Board.
 A majority Of the Board of Director shall constitute a quorum. and may aI point their own ume and place Of meet ing.
 Sixth:
 The highest amount of indebtedness Or liability to which the corporation i
 any time to subject itself is the sun of SIXTY THOUSAND DOLLARS.
 Seventh: The stockholders in this corpora ton, and their private property shal
 be exempt from the corporate debts , this corporation.
 Eighth:
 The Board of Directors shall hay f power to establish Bylaws and mak all rules and regulatifns deemed expe :. dient for the management of the a fairs of this corporation, not inconsis , ent with the Constitution and Laws c l. the United States, and the Laws C
 this Territory.
 , Witness our hands and seals thi Sth day of October, A. D. 1903. WILLIAM H. BARNES. (SeaD l. HENRY P BARBOUR fSeal)
 HENRY LAUB. (Seal) l CHARL LES W. HULL. (SeaD I. Territory of Arizona.
 q County of Cochise.
 g. Before me, s. K. Williams. Not h " Public, in and for the County ( q Cochise, on this day personally a ,f pear ed William H. Barnes, Henry d Barbour. Charles ". Hull and Hem e Laub, known to me be to be the pc ,f sons whose names are subscribed
 the foregoing instrument, and a
 knowledged. each for himself, th'
 they executed the same for the pu
 pose and consideration therein Q
 pressed.
 E Given under my hand and seal Of ( flee this Sth day of October. A. D. 19O p. S. K. WILLIAMS, $ Notary Public Cochise County, Ariz r. na Ter.
 Ie My commission expires Nov. ,r 1904.
 al Filed and recorded at request of Y C. H. Barnes, Oct. 9, A D. 1903, at Q v-l-r.rrossn-c