Bisbee daily review., 1903-01-29

stock shall have received per cent in ] dividends. |. there shall be any prodts | remaining they may be divided pro rata | among the common stock; the preferred at any time outstanding may be pur- chased anu retired by the corporation upon sucn terms as may be agreed upon sS the owners thereof and a majority of the shares of the common stock.
 Article Vi. The highest amount of indebtedness and liability, direct or con. tingent, to which this corporation IS at any time to be subject shall at no time exceed the sum or Two Hundred and hItty Thousand Dollars (S2J0.eoo} prlviliges granted and conferred by Chapter ?. Title All. Revised Statutes of Arizona. for lSJi are hereby claimed and accepted for this corporation.
 Art Will The private property of the members of this corpora eion shall be exempt from liability tor the debts of this corporation.
 Article TX This corporation shall com mence and endure for the period of twen- ty-tive (z5) years from the time when these articles of incorporation are filed for record in the office of the recorder of Cochise county. Arizona territory.
 article \. The affairs of this corpora ton shall be managed by board of directors consisting of five persons, and the names of those who shall act as such for the first year and until their successors are elected and accepted are | John c. Braun. Neil F.. Ferguson. J. O. Bigelow n. C. Campbell and F. D. l Lanterman and there shall be such oth- | CT officers ana agents with such duties and powers as may be provided in the 1 by laws or as the board of directors may | from time to time determine; by laws shat be adopted by the board of direc- | tors, subject. however, to amendment and repeal by a majority vote of the | stockholders; at all meeangs of the | stockholders eacn snare O. issued stock | shall be entitled to vote. and written 1 proxies may be given which shall en- ! title the holders thereof to vote for the | owners of Shares the same as though they were personally present i Article Al. The stock of this corpora | tion both preferred and common may, in ] the discretion of the board of directors. | be issued as full paid and non-assessable m payment for services and property. and the determination of the board of | directors on the question of value of such services Of property shall be final ! and conclusive.
 IN WITNESS WHEREOF. We have hereunto set our hands and seals this 20th day of December. 1902.
 NE1f' SGHk g. g. FEkGHsoS. PskgSs (sssI} issdR State of California. )
 County of Los Angeles. ss)
 | Before me C.. c. Johnson. a notary pub this day personally appeared John c. Braun, known to me to be the person whose name is subscribed to the forego- ing instrument and acknowledged to me that he executed the same for the pur- pose and consideration therein expressed
 Given under my hand and seal of of flee this 10th day of December, 4. D. 1902
 - c. c, JOHNSON. Notary Public
 My commission expires the 2Sth day oi March, 1905.
 Territory of Arizona )
 County of Cochise, ss)
 , Before me. M. J. Cunningham, a notary public in and for said county and terri. tory on this day personally appeared
 Neil F. Ferguson, known to me to b.
 the person whose name is subscribed tc
 the foreging instrument and acknowi. | edged to me that he executed the same for the purpose and consideration there,
 in expressed. Given under my hand and seal Of office this 22nd day of De. ceInber A. D. ls02
 NJ. J. CUNNINGHAM, Notary Public
 My commission expires the 4th day oi January, 1904.
 Territory of Arizona,
 County of Cochise, ss.)
 l, Frank Hare. recorder of Cochise county Arizona territory. do hereby cer tify that the above and foregoing is g true and correct copy of the articles oi incorporation of The Braun and Fergu. son Company, filed Ror record in my of
 flee on the 2nd. day of December, A. D. 1902 at o'clock D. m, and recorded ir book ?, Interpretations. at pages 298 tC 3U inclusive. In witness whereof I have
 hereunto set my hand and official sea
 this 22nd day of December, 1902
 FRANK HARE, Recorder of Cochis' County, Arizona
 Filed and recorded at request of J. o
 Braun, Dec. 22, 1902, at p. m. in bool ?. Interpretations, pages 29S to sol in ! elusive.