Bisbee daily review., 1903-08-22

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 gan. at which meetings of the Board of Directors may be held, and the corpora ton 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 pro- posed to be transacted by this corpora ton is as follows, to-wit:
 To make contracts: to purchase, lease, pond, locate or otherwise acquire. own. exchange, sell or otherwise dispose of. pledge. mortgage, hypothecate ard deal in real estate and any and all kinds or personal property, mines, mining claims, nil lands, mineral lands. oil. gas. asphalt . nm. petroleum, asbestos. salt water and water rights and machinery. and to work. mine. explore. operate and de, geiop the same; to do general real state. manufacturing and mercantile 'usiness: to own. handle and control etters patent and inventions and shares If capital stock of other corporations; to porrow money and execute notes. bonds. mortgages. or deeds of trust to secure the same, and to exercise Tn respect or tlI such bonds. mortgages. notes. shares ,f capital stock and other securities and obligations any and all rights, powers and privileges of individual owners hereof including the right to vote upon any shares of stock held by it. to the same extent that natural person might ,r could do: and in general to do all hings necessary to the proper conduct If 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 Five Hundred Thou | a nd (s5O0 OOO) Dollars. divided into Fifty | Thousand CO.elM shares of the par value | If Ten Dollars (si0O0) each. And at such | ,ime as the Board of Directors may by resolution direct. said capital stock shali | he paid into this corporation, either m ash. by the sale and transfer to 1t or | and purposes of said coronation. in pay | ment for which shares of the capita | stock of said corpoiation may be issued may not. as said directors may deter, | nine thereby and thereupOn become anc he fully paid up and non-assessaole. The time of inc commencement of thi, | corporation shall be the date of the Aims of these Articles of Incorporation m ths office of the secretary ot Ar,zona; h ,o,s,1, anc five years thereafter.
 The affairs of this corporation are t ne TOT iucted by 2 board of eleven al | rectors and the following named are [ constitute the Board of Directors unti .heir successors are elected: Carlos p Chevnoweth. R Skin shClden. Archibal' J. Scott, Thomas 1aslin, James L. Nam
 <ervis. Arthur F. Seaman, Louis I Rlcha rdson, Joseph c. Weissmiler an | Joseph C. Bertrand. Thereafter tn
 Board of Directors shall e selected fror
 imong the stockholders, as the bylaw i of the corporation may prov:de. Tn officers of this corpoi ation until thei successors are elected shall be: Carlo IU Shelden. president Henry J. Vivian vice president; James l.. NaUkervis, sec retary and James l.. Naukervis. treas l Irer
 VII
 The highest amount of indebtedness a | liability. direct or contingent tO wh'cl this cO-Do-ation is at any time sub1ec | shall be Three Hundred Thousand Do. 'ars. which amount does not exceed two thirds of the amount of the capital stool ! of such corporation.
 , VIII.
 The private property Of the stockhoid
 .rs of this corporation shah he exemp from corporate debts Of ary kinc what eoeyer.
 In witness whereof we have hereurt set our hands and seals this 5th day O |