Bisbee daily review., 1903-10-25

a city at Don Luis, in Cochise Coun- ty, Territory of Arizona, and to that end the acquisition of lands and wa ter for the same, and inhabitants thereof, and the disposition of lhe same for the purposes aforesaid. The construction of hotels and operating l the same. The construction of water works and the operation O. the same. The construction of street railways and the operation of the same. The construction of systems of lighting by means of gas, electricity or other suit able means, and the operation of the same. The purcnase and sale of lands for any and all purposes, and the purchase and sale of water and water rights. and the loaning of money upon mortgage and other securities, and the purchase and sale of all personal property and closes in action. The carrying on of the business of banking in all its forms. The construction of telegraph and telephone lines and sys- tems, and the operation of the same; and to hypothecate, mortgage, or pledge all or any part of the property which this corporation may hereafter acquire; to secure payment of such money with interest, or to secure the payment of any debt of this corpora tion with such interest thereon, as lC may be legally obliged to pay.
 Third:
 The amount of the capital stock of this corporation shall be ONE HUN DRIED THOUSAND DOLLARS. divid- ed into ten thousand shares of the par value of ten dollars each, and the time when it is to be paid shah be the time of making subscription to capital stock.
 Fourth: The time of the commencement of 1 this corporation shall be the day of | filing of these articles of incorporation l ,n the office of the County Recorder | Of Coclise County, Arizona Territo- l ". and the termination thereof shall l be twenty-five years thereafter.
 Fifth: The affairs of the corporation are to | be conducted by Board of Directors | SoAoAStihS LII ubc peiSOuS. The first Board of Directors are to | be elected by the stockholders, or | those who have subscribed for stock | on the books of the company, at any | meeting which may be called by a ma jority of these incorporators for that | shall hold their office | until the first annual meeting of the |  The annual meeting of the stock | holders shall be on the First Wednes- | day after the First Monday in January | of each year. but such time of meeting may be changed by the stockholders at any such annual meeting.
 The officers of the company shall be a President, Vice-President, Treasurer and Secretary, each of whom shall be a stockholder, and a member of the | Board of Directors, except the Secre -ary, who need not be either, but who can he elected and dismissed at the pleasure of the Board of Directors.
 No person shall be director who is not a stockhoi4er, and vacancies that may happen at any time after the cleo Hon Uf the Board, may be filled by the members of the Board.
 A majority of the Board of Directors shall constitute a quorum. and may ap- point their own tune and place of meet Ing.
 Sixth:
 The highest amount of indebtedness ,r liability to which the corporation is any time to subject itself is the sum of SIXTY THOUSAND DOLLARS.
 Seventh:
 The stockholders in this corpora -ion, and their private property shall De exempt from the corporate debts of this corporation.
 Eighth:
 The Board Of Directors shall have power to establish Bylaws and make all rules and regulatitns deemed expe- iient for the management of the af fairs of this corporation. not inconsist- ent with the Constitution and Laws of he United States. and the Laws of this Territory.
 Witness our hands and seals this sth day of October, A. D. 1903.
 WILLIAM H. BARNES. (Seal)
 HENRY P. BARBOUR. (Seal)
 HENRY LAUB. (Seal.) CHARLES W. HULL. (Seal) Territory of Arizona. County of COchise