Bisbee daily review., 1903-08-12

tory of Arizona, is to be transacted. is
 Bisbee, Cochise county, Arizona. The principal place of business of this cor porauon outside of the territory of Ari- i zona shall be the village of Calumet county of Houghton. and state of Mich igan, al which meetings of the Board of Directors may be held, and the corpor- ation 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 proposed to be transacted by this corpor alton is as follows. to-wlt: 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 of 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- Nelop the same; to do general real estate. manufacturing and mercantile business: to own handle and control letters patent and inventions, and s..ares of capital stock of other corporations; to borrow money and execute notes. bonds. mortgages or deeds of trust to secure the same. and to exercise in respect of all such bonds. mortgages, notes. shares of capital stock and other securities and and privileges of individual owners thereof. including the right to vote upon any SHaFtS or SlOck neid DN II. 10 the same extent that natural person might or could do; and in general to do all things necessary to the proper conduct Of 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 fifteen thousand Csl50o000) dollars, divideI into six hun dred C6oo) shares of the par value of f-..ratr. F1tTa 0n. l a11a -al, And such time as the Board of Directors may by resolution direct. said capital stock shall be paid into this corporation, either in cash or by the sale and transfer to It of real or personal property for the uses and purposes of said corporation. in pay ment for which shares of the capital stock so issued may or may not thereby and thereupon become and be fully paid up and non-assessable.
 The time of the commencement of this corporation shall be the date of the filing of these Articles of Incorporation in the office of the secretary of Arizona, twenty-five years thereafter.
 The affairs of this corporation are 10 | be conducted by board of five directors, | and the following named are to consti- ! tute the Board of Directors until their | successors are elected: Henry J. Vivian. | lanes M siS NaqkesHis sr s5es Jesse E9ser Gs after the Board of Directors shall re | elected from among the stockholders, as | the bylaws of the corporation may n'o- vide. The officers of this corporation. ! until their successors are elected. shall | be: Henry J. Vivian. president. Thomas | Maslin, vice president: Jesse Vogler. Sec retary, and James L. Naukecv's. tre"s- Irer
 VII.
 The highest amount rf Indebtedness or liability direct or contingent. to wnirh | this corpora tion is at any time subject | shall be len thous Ird dollars. which | mount does not excca1 two-thirds of | the amount of the capital stock of such 
 VIII.
 The private property of the stockhold- PTS of this corporation shall he exempt l 'rorn corporate debts of any kind what ,oever. In witness whereof we have hereunto set our hands and seals this 5th day or May, 1903.