Bisbee daily review., 1903-07-17

search TOT ores ana mlnerdlS, pO uS- velop, mine and grant licenses for mining in and over any lands which may be acquired by the company. and to sell and otherwise dispose of the lands, mines or other property of the company; to buy, sell. manufacture and deal in minerals. plant, machinery, implements. conveniences, provisions and things capable of being used in connection with mining operations, or required by workmen or others em- ployed by the company; to construct, carry out, improve. manage, work, control and superintend any roads, ways. railways, bridges, reservoirs, water courses, aqueducts, wharves, furnaces, mills, crushing works, hy- draulic works, electric works, fac tories, warehouses and other works and conveniences which may seem di- rectly or indirectly conducive to any of the objects of the company, and to con- tribute to, subsidize, or otherwise aid or partake in such operationS 10 buy, sell or otherwise dispose of the capital stock of this or any other cor poration, and generally to do any and all acts and things, and transact any and all other business incidental to the | purpose aforesaid and not contrary to | the laws of the Territory of Arizona, or of the United States of America. W.
 ! That the amount of the capital stock of said corporation shall be Seven Hundred and Fifty Thousand (s750.- 000) Dollars. divided into Fifty Thou sand (50.000) shares of a par value of Fifteen (S15.00) Dollars each, payable in cash on call of the Board of Direct ors.
 That the time of commencement of said corporation shall be immediately on filing these Articles with the Re corder of the County of Cochise. Ari- zona, and the Auditor of the Territory of Arizona. and such existence shall continue for a period of twenty-five years from and after the date of said filing.
 The affairs of the said corporation shall be conducted by board of nine directors, who shall be stockholders of the corporation. and shall be elected at the annual meeting of the corpora tion on the second Monday in April in each year. and the officers of said cor. poration shall be a president and vice president, both to be elected by the Board of Directors from their own number; a secretary. a treasurer, and such officers as the Board of Directors may deem necessary. who may be cho- sen from among the stockholders The members of the Board of Directors foI the current year. and until their sue cessors are chosen and qualified. are; Charles Briggs. John s. Dymock James Hoatson. Thomas Hoatson. Pc ter RupDe of Calumet. Michigan George E. Tener. of Pittsburg. Penn sylvania: Thomas F. Coles. Chestel A. Congdon and Charles d'Autremont Jr., of Duluth. Minnesota
 VII.
 That the said corporation is not a any time to subject itself to g greate liability than One Hundred Thousan, (s1O0. .000.00) Dollars. except upon tn written consent of the holders of one half of the caDital stock outstanding a the time the obligation is incurred. an, in no case shall such indebtedness b incurred to an amount exceeding two thirds of the outstanding capital stock
 VIII.
 That the private property of stocl holders of said corporation shall b, evemDt from liability for corporat debts.
 In witness whereof we have be-e unto set our hands and seals, this 30t day Of June. A. D. 1903.
 CHESTER A. CONGDON.
 CHARLFS BRIGGS.
 THOMAS FOATSON. THOMAS F. COLE.
 CHART FS DAUTREMONT, JR. ; GORDON R. CAMPBELL. State of Michigan. )
 , County of Houghton )ss
 Before me. J. Edw Shepard. a NC tary Public in and for the County C f Houghton. State of Michigan. on thi day nersonallv apeared Chester Congdon, Charles Briggs. Thoma Hoatson. Thomas F. Cole. Charle d'Autremont. Jr.. and Gordon R. Cam bell. known 10 me 10 he the person whose names are subscribed to tn foregoing instrument. and acknow , edged to me that they executed tn n same for the purpose and consider; !. tion therein expressed
 Given under my hand and seal g office this 30th day of June. A. D. 190: My commission eypires September 2 A. D. 1905. J. EDW. SHEPARD.
 (Notarial Seal) Notary Public.