Bisbee daily review., 1903-08-21

ness of said corporation within the terri tory Of Arizona is to be transacted IS Btsbee, 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 ltioughton, 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 .ither 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. bond. locate or otherwise acquire, own. exchange. sell or otherwise dispose of. pledge, mortgage hypothecate and deal in real estate and any and all kinds or 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 a general real state. manufacturing and mercantile business; to own, handle and control etters patent and inventions and shares If capital stock of other corporations; 10 borrow money and execute notes. bonds, mortgages: or deeds of trust to secure the same. and to exercise in respect of ll such bonds mortga ges. notes, shares pf capital stock and other securities an1 and privileges oS individual owners hereof including the right to vote upon any shares of stock held by it, to the same extent that a natural person might or could do: and in general to do all things 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 sand (SjO1.O00) Dollars. divided into Fifty Thousand C5OOC0 shares of the par value If Ten Dollars (SlO00 each. And at such resolution direct. said capital stock shall be paid into this corporation. either m cash. by the sale and transfer to 1t or real or personal property for the uses and purposes of said coronation. in pay nent for which shares of the capita stock Of said co-pol ation may be issued and the capital stock so issued may or may not as said directors may deter mine. thereby and thereupon become ant De fully paid up and non-assessaole'
 The time of the c"'rmence cement of this corporation shall be the date Of the filing Of these Articles of Incorporation in the the termination thereof shail be twenty five years thereafter
 The affairs Of this corporation are 70 be conducted by n board of eleven d. rectors and the following named are to constitute the Board of Directors until their successors are elected Carlos o Cheynoweth R. Skir Sheiden. Archibald J Scott Thomas Maslin. James l.. Nau- kervis Arthur E. Se3-'7n. Louis H Richardson. Joseph C. Welssmller and Joseph q Bertrand Thereaftor the Board Of Directors shall selected from among the stockholders as the bylaws Of the corporation may provide. The officers of this corporation until their successors are elected shall be. Carlos D Shelden president: Henry J Ntrta n. vice president: James L EauEe-vis. sec retary and James L. Naukervis, treas "rer.
 VII
 The highest amount Of indebtedness or liability. direct or contingent. 70 VT. Nl his c0ruora tion is at any time subject -all hA TNree H~n fred Thousand Dol 'ars. which amount does not exceed tc-o- thirds or the amount Of the capital stock of such corporation.
 VIII
 The private r-cTe-rV Of the s'ocEholf srs of this corporation shall be exempt from corporate debts Of any kind what soever
 Tn witness whereof we have tereunto set our hands and seals this 5th day Of