Bisbee daily review., 1903-11-25

being provided that the highest amount of indebtedness and liability shall not at any time exceed in the aggregate the sum of ore hundred thousand dol iars (sl00.00000). anu to do and perform any and all acts necessary to be done for the purposes aforesaid, | whenever and wherever deemed advis- [ ab,e by the board of directors of said corporation, within sai6 territory. with 1 in the said United States and repub- ! lie of Mexico.
 Fifth-The time of commencement of i this corporation shall be on the date of the filing of these articles of incor- poration in the office of the county re- corder of the county of Cochise. in the Territory of Arizona, and the term oi the corporation and the time of which | it shall endure shall be twenty-five years from and after the date of the | filing of these articles of incorpora- tion in the office of the said county re- ! corder. at the expiration of which twenty-five years the corporation shall terminate and end unless renewed pur suant 10 the laws of the Territory of Arizona.
 SiXth-The mana cement and con trol of the corporation's business and affairs and property shall be vested in s-1 conducted by a beard of directors. consisting of not less than three (3) or not more than nine (9) directors, who shall be selected each year from the shareholders at the regular annual meeting. as the bylaws may direct. They shall hold office for one year un- | til their successors are elected. The following shall constitute the directors pro tenn until their successors are elected and have qualified: John P. Hallihan. Harry J. Little, G. D. Cash,
 J. T. Fifeld. E. H, Lee. August Frit- sche. Ralph Halloran. F. s. .Eilekin. ".
 R. Walling.
 Seventh-No person shaii be eligi- | ble to hold office or to be Q director who is not shareholder. and if any ] director ceases to be a shareholder he shall cease to be director thereof. If vacancy in the board of directors oc CUTS from this or any other cause, it shall be filled by the remaining mem bers by election of another stockhol- der to fill this vacancy.
 Eighth-The officers of this corpora ton shall be a president. vice pres idert. second vice president. general manager. secretary and treasurer, and the board of directors may appoint such other officers, agents and em- ployees as they may deem advisable. The president. vice president, secre- tary and treasurer shall be members Of the board of directors and shall hold office for one year until their success scrs are elected and have qualified. but all other officers, agents and em ployees may or may rot be members of the board of directors. The board of directors may, at their pleasure. unite the offices of general manager with that of president. vice president or second vice president. secretary or treasurer. The board Of directors shall have power to fill any vacancy occur ring or the board or in any office for the une2pired term of the predecessor in office. until the successor is elected and has qualified.
 Ninth-The officers Cf said corpora tiOn. until their successors are elect ed and have qualified, shall be John P Hallihan. president; Harry J. Little, vice president; Jos. s. Fifield. second vice president; Gabriel D. Cash. secre- try. and Victor B. Walling treasurer.
 Tenth-The board of directors are authorized to establish bylaws. and to alter and amend same, and to make all rules and regulations deemed expe- dient and necessary for the manage ment and control of the business af- fairs of the corporation and for the control of the officers thereof, not in- consistent with these articles of in corporation. the laws of the Territory of Arizona and the laws and constitu- ton of the United States of America. A majority of the directors shall con- stitute quorum for the transaction Of any business and affairs of the cor poration. The private property of the shareholders and members of this cor poration shall be exempt from any and all liabilities of corporate debts of the corporation. and each and every one of the members and shareholders Of the corporation present and future and their private property are hereby ex- empt from liability for corporate debts of the corporation.
 Eleventh-These article: may be amended at any annual or special meeting of the shareh 9lders of the corporation by the affirmative vote of two-thirds of all the shares then pres ent and voting thereon, provided fif- teen cay written notice Of the intend ed amendments has been given the shareholders.
 Tn witness whereof we have here unto set our hands and seals this 3rd day of November. 1903.
 JOHN P. HALLiHAN, (Sealo
 HARRY J. LITTLE, tSealD
 GABRIEL D. CASH. tSealD Territory Of Arizona, County of Co.,
 chise: ss.
 Before me, V. R. N. Greaves, no tary public in and for the said Co chise county, Territory of Arizona,