Bisbee daily review., 1903-02-04
ARTICLES OF INcoRroRA44oN

| pose of forming a private corporation | for profit under the laws of the terri | tory of Arizona, and to Inat end We
 70 hereby adopt sign and acknowledge ! these articles of incorporation as fol- ! lows, to-Wit:
 Article 1.-The names of the incorpora- ! tors are John c. Braun and Neil F. | Ferguson.
 Article IT. The name of this corpora | tion shall be the Braun and Ferguson | Article III. The principal place of | transacting the business of ,nis corpora ! tion shall be at Bisbee in Cochise COun- i ty, Arizona But it's business may be | carried on in any portion of the United States and in the Republic of Mexico, and il may have such branch offices as | it's board of directors may from time to | time designate, and meetings of it's board of directors may be held at any
 such branch office.
 | Article ". The general nature of the | business proposed to be transacted by ! this cooperation is general mercantile I business.
 | Article V Ane capital stock of this | corporation shan be Five Hundred Thou | sand Dollars ($5J0,O00) divided into Five ! Thousand shares of the par value of | One Hundred Dollars (S10O 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 ! | power with each share of preferred; the preferred stock sha.. be entitled to re- | ceive Q cumulative dividend of per cent per annum on the par value thereof, payable semi-a nnUally, before the com ! mon stock shall participate in the profits | of the corporation; after the preferred stock shall have received per cent in l dividends, l. there shall be any prohts | remaining they may be divided pro rata | among the common stock; the preferred ] at any time outstanding may be pur- l e f..va 1 upon sUCn terms as may be agreed upon | by the owners thereof and a majority 1 of the shares of the common stock i Article VI The highest amount of 1 indebtedness and liability, direct or con l tingent, to which this corporation is at any time to be subject shall at no time | exceed the sum Of Two Hundred and ! tIIty Thousand Dollars tSL"VJO-
 Article VII. All of the powers and ! privileges granted and conferred by | Chapter 2, Title AIII, Revised Statutes ! of Arizona. for 19il. 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.
 1 Article TX This corporation shall com | mence and endure for the period Of twen- | these articles of Incorporation are filed for record in the office Of the recorder of Cochise county, Arizona territory. 1 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 act as such for the first year and until thelr 1 successors are elected and accepted are ! John c. Braun, Neil F. Ferguson. J. O. 1 Bigelow, N. C. Campbell and F. D. 1 Lauterman; and there shall be such oth- CT officers ana 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 | sha4l be adopted by the board of d4rec- 1 however. ! and repeal by a majority vote of the [ stockholders, at all meeunEs of the l stockholders eacn snare O. issued StC k I shall be entitled to vote. and written ! proxies may be given which shall en- ] title the holders thereof tC vote for the owners Of snares the same as though i 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 nOu-aSSeSSa tl le | in payment for services and property | and the determination of the board of ] directors on the question of value of
 IN WITNESS WHEREOF. We have ! hereunto set our hands and seals this | goth day Of December 1902.
 NEIL E. FERGUSON, (seaD i State Of California,
 1 County of Los Angeles, ss)
 | Before me C. c. Johnson. a notary pub ! lie in and for saiu county and state on i this day personally appeared John c | Braun. known to me to be the per son
 whose name is subscribed to the foI go | ing instrument and acknowledged 10 me 1 that he executed the same for the pur- pose and consideration therein expressed. ] Given under my hand and seal Of of- I fee this 21th day of December. 4. D. ISl2. ! c. c. JOHNSON. Notary Public. My commission expires the 9th day of ! March, 19l6.
 | Territory of Arizona )
 ! County of COchise. ss.D
 Before me. NJ. J. Cunningham. notary public in and for said county and terri 1 tory on this day personally appeared ! Neil E. Ferguson, known to me to be ' the person whose name is subscribed to ! the foreging instrument, and acknOwi- ] edged to me that he executed the same for the purpose and consideration there 1 in expressed. Given under my hand 1 and seal of office this Gnd day of De ' Cember. A. b l92.
 NJ J CIJNNINGHA.d Notary Public. 1 My commission expires the 4th day Of l January. 1904
 Territory Of Arizona.
 1 County Of Cochisa. ssi
 l. Frank Hare. recorder of Cochise county Arizona territory. do hereby cer- tify that the above and foregoing is a 1 true and correct copy Of the articles of { Incorporation Of The Braun and FergU- son Company, filed for record in my of flee on the Z2nd day of December, A. D.. 1S02 at o'clock D. m, and recorded in book 9. Interpretations. at pages 298 to 3U inclusive. In witness whereof I have hereunto set my hand and official seal FRANK HARE, Recorder of Cochise County. Arizona
 ! Filed and recorded at request Of J c. Braun. Dec Z2. 1892. at D m. in book 2 Interpretations, pages 2sS 10 20l in
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