Bisbee daily review., 1903-08-09

tory of Arizona, is to be transacted. is Bisbee, Cochise county. Arizona The principal place of business of this cor poration outside of the territory of Ari- zona shall be the village of Calumet. county of Houghton, and state of Mich igan, at which meetings of the Board of Directors may be held, and the corpor- ation may have such branch offices. either within or without the territory of Arizona, as may be established by the Board of Directors.
 The general nature of the business proposed to be transacted by this corpor- alton is as follows, to-Wit:
 To make contracts: to purchase. lease, bond. locate or otherwise acquire, own. exchange, sell or otherwise dispose ot, pledge. mortgage. hypothecate and deal in real estate and any and all kinds Of personal property, mines. mining claims. oil lands. mineral lands. oil. gas, asphalt. um, petroleum, asbestos, salt, water and water rights and machinery, and to work. mine, explore, operate and de velop the same; to do general real estate. manufacturing and mercantile business; to own. handle and control letters patent and inventions, and s-.ares of capital stock of other corporations: to mortgages or deeds of trust to secure the same. and to exercise in respect of all such bonds. mortgages. notes. shares of capital stock and other securities and obligations any and rights, powers and privileges of individual owners thereof. including the right to vote upon any shares of stock held by 1t, to the same extent that a natural person might or could do: and in general to do all things necessary to the proper conduct Of the business of this corporation in the territory of Arizona and elsewhere, not inconsistent with the laws of the United States and the territory of Arizona.
 The amount of the capital stock of this corporation shall be fifteen thousand (sl5o00Oo) dollars. divided into six hun. dred (5OO shares of the par value of twenty-five CSs5.OO) dollars each. And at such time as the Board of Directors may by resolution direct. said capital stock shall be paid into this corporation. either in cash or by the sale and transfer to II of real or personal property for the uses and purposes of said corporation. in pay ment for winch shares of the capital stock so issued may or may not thereby and thereupon become and be fully paid up and non-assessable.
 The time of the commencement of this corpora ton shah be the date of the filing of these Articles of Incorporation in the office of the secretary of Arizona, and the termination thereof shall De twenty-five years thereafter.
 VI
 The affairs of this corporation are to be conducted by board of five directors and the following named are to consti- ute the Board of Directors unnl their successors are elected: Henry J. Vivian. James L NaqkegYs TEi sSeden esse ETgeg TSeTe after the Board of Directors shall tc elected from among the stocyholders. as the bylaws of the corporation may p'o- vide The officers of this corpor9tion, until their successors are elected, shall be: Henry J. Vivian. president, Thomas Masiin. vice president; Jesse NoSieT. sec reta-v and James L. NauEecv's tre"s- Lrer
 The highest amount tf indebtedness CT liability direct or contingent, tc Wn'fh this corpora tion is at any time snn1ect shall be len thous 1rd oollars. whicn amount does not exceed two -th'ths ol the amount of the capital stock of such corporation.
 VIII.
 The private property of the stockhold- CTS of this corporation shall be exempt from corporate debts of any kind what soever. - ,....., In witness whereof we have hereunto set our hands and seals this oth day or