Bisbee daily review., 1903-01-31
ARTICLES OF INCORPoRA. ION

lows, to-wit:
 Article I-rhe names of the incorpora- tors are John .. Braun and Neil l..
 Article II. The name of t.is corpora tion shall Le the Braun and Ferguson Company.
 Article III. The principal place of transacting the business of ,nis corpora tion shall be at Bisbee in Cochise coun- ty, Arizona. Bul its business may be carried on in any portion of the United States and in the Republic of Mexico, and it may have such branch offices as it's board of directors may from time to tune designate, and meetings Of its board of directors may be held at any such branch office.
 Article ". The general nature of the business proposed to be tTansacted by this corporation is a general mercantile business.
 Article V. Ane capital stock of this corporation sha4l be Five Hundred Thou sand Dollars (S5U0,0O0) divided into Five Thousand shares of the par value of One Hunured Dollars I$l0D 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 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 sna-- be entitled to re- ceiYe a cumulative dividend of per cent per annum on the par value thereof, payable semi-annually. before the com mon stock shall participate in the profits of the corporations. after the preferred stock shah have received s per cent in dividends, I4 there shall be any profits remaining they may be divided pro rata among the common stock; the preferred at an~ time outstanding may be pur- chased anu retired by the corporation upon Sucn terms as may be agreed upon by the owners thereof and majority of the shares of the common stock.
 Article VI. The highest amount Of indebtedness and liability, direct or con tingent. to which this corporation is at any time to be subject shall at no time exceed the sum of Two Hundred and t4Ity Thousand Dollars l$2JV,0OO).
 Article VII All of the powers and prIviiiges granted and conferred by of Arizona. for lSUi, are hereby claimed and accepted for this corporation.
 Art.--e VIII The private property of the members of this corporation shall be exempt from liability for the debts of this corporation.
 Article TX This corporation shall com mence and endure for the period of twen- tySfive I-i) years from the time when these articles of incorporation are filed for record in the office Of the recorder of Cochise county, Arizona territory.
 article x. The affairs of this corpora ton shall be managed by board of directors consisting of five persons and the names of those who shall aC%wx such for the first year and until tA,-- successors are elected and accepted are John c. Braun. Neil E. Ferguson, J. O. .3igelow. h. C. Campbell and F. D. CT officers anu agents with such duties and powers as may be provided in the by laws or as the board of directors may from time to time determine; by laws tors, subject. however, to amendment and repeal by-a majority vote Of the stockholders; atN all meetIngs of the stockholders eacn snare o. issued stock shall be entitled to vote. and written proxies may be given which shall en- 5itle the holders thereof to vote for the owners of snaTeS the same as though they were personally present.
 Article Xl. The stock of this corpora rion both preferred and common may in the discretion of the board of directors, be issued as full paid and non -assessable in 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
 IN WITNESS WHEREOF. We have hereunto set our hands and seals this -Oth day of December, 1902.
 JOHN c. BRAUN. (Seal)
 NEIL F. FERGUSON, (SeaD State of california,
 County Of Los Angeles. ss)
 Before me G. c. Johnson. a notary pub lie in and for said county and state on this day personally appeared John Q. Braun, known to me to be the person whose name is subscribed to the forego- ing instrument and acknowledged to me that he executed the same for the pur- pose and consideration therein expressed.
 Given under my hand and seal of of flee this 30th day of December. A. D. 1So2.
 G. G. JOHNSON, Notary Public.
 My commission expires the 2sth day ot March, 1905
 Territory of Arizona
 County of Cochise ss.)
 Before me, M. J. Cunningham. a notary public in and for said county and terri tory on this aay personally appeared Neil F. Ferguson, known to me to be the person whose name is subscribed to the foresing instrument, and acknowl edged to me that he executed the same for the purpose and consideration there in expressed. Given under my hand and seal of office this End day Of De
 NJ J. CUNNINGHAM Notary Public.
 My commission expires the 4th day of January, 1904
 Territory of Arizona,
 County of Cochise. ssD
 I, Frank Hare. recorder Of Cochise county Arizona territory. do hereby cer- tify that the above and foregoing is true and correct copy of the articles of incorporation of The Braun and FeTEu- son Company, filed for record ia my of flee on the 22nd day of December, 4. D, lso2 at o'clock ?. IT., and recorded in book Q Interpretations, at pages @98 to 34l inclusive. In witness whereof I have hereunto set my hand and official seal this 22nd day of December. 1902.
 FRANK HARE, Recorder of Cochise County. Arizona
 Filed and recorded at reauest Of J. c. Braun. Dec. =. 1902. at p. m. in book . Incorporations, pages 29S to cJl in elusive.
 TO LET-Boarding and lodging house. s rooms, furnished. Inquire Beer Garden. 1-31-3t If the average man would quit look ing for soft snaps and stick to his regular job he would be better of fin ancially