Bisbee daily review., 1903-10-24

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, .he same for the purposes aforesaid ss The construction of hotels and operating the same The construction of water works and the opei ation 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 able means, and the operation of the 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- tems, 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 tne payment of any debt of this corpora ton with such interest thereon, as IL may be legally obliged to pay.
 Third:
 The amount of the capital stock Of this corporation shall be ONE HUN lDRED THOUSAND DOLLARS, divid- led into ten thousand shares of the par Ivalue 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 of Coslise County, AliZona Territo- ry, and the termination thereof shall be twenty five years thereafter.
 Fifth:
 The affairs of the corporation are to be conducted by a Board of Directors consisting Of five persons.
 i The first Board of Directors are tC be elected by the stockholders, oi those who have subscribed for stocH on the books of the company, at any meeting which may be called by ma ioIity of these incorporators for that purpose-who shall hold their office until the first annual meeting of the stockholders.
 The annual meeting of the stock holders shall be on the First Wednes day after the First Monday in Januar, of each year. but such time of meeting may be changed by the stockholde { at any such annual meeting.
 The officers of the company shall bt q President, President, Treasure and Secretary each of whom shall b. a stcckholder, and a member of thu Board of Directors, except the Secre tary, who need not be either, but wht can be elected and dismissed at thu pleasure of the Board of Directors
 No person shall be director who i not a stockhOiIer, and yacancies tha may happen at any time alter the cleo ton of the Board. may be filled by tn remaining members of the Board.
 A majority of the Board of Director shall constitute quorum. and may aI point their own tlme 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 sha be exempt from the corporate debts this corporation.
 Eighth:
 . The Board of Directors shall hay |. power to establish By-i- avs and mak , all rules and regulatifls deemed expt dient for the management of the a fairs of this corporation. not inconsis lent with the Constitution and Laws c D he United States. and the Laws ( this Te ritory.
 D Witness our hands and seals thi , Sth day of October. A. D. 1903. WILLIAM H. BARNES. (Seal) , HENRY P. BARBOUR (Seal0
 HENRY LAUB. (Seal.) T CHARI ES w HULL. (Seal) n Territory of Arizona.
 . I