Bisbee daily review., 1903-04-15

otner corporation, to acquire and hold any patent rights, and processes, se- cret or otherwise, which may be deemed beneficial to the carrying on of any part Of the business of this corporation, as above specified; to lay out and plat town sites and additions 10 town sites, and to convey, transfer. or otherwise. dispose of lots or tracts of ground therein; to carry on any. or all of the businesses or operations hereina6oye specified.either on its own account, or by contract or otherwise. for and on behalf of other persons, or corporations, and generally, to do any and all acts and things and transact any and all other bushes incident al to the purposes aforesaid. and not contrary to the laws of the Territory of Arizona, or of the United States of America
 The amount of the capital stock of this cooperation shall be Six Hund- red and Fifty Thousand Dollars divid- ed into Sixty-fve Thousand shares of the par value Of Ten Dollars a share such shares to be payable in cash or in equialent property. either in full at the time of issuance. or in such install ments Sr such times as may be deemed proper and necessary by the Board O Directors of said corporation, and said stock shall be forever non-as- sessable.
 V
 The tine of the commencement of sad corporation shall be the date of the fling of these articles with the County Recorder of the County of Co chise. in the Territory of Arizona, and with the Secretary of the Territory of Arizona. and the said corporation shaff end1re for period of twenty five years from the date of the filing of said ar ucles with the said County Recorder of Coekise County
 VI
 The affairs of this corporation shall be conducted by a Board of nine Di- rectors, who shall be stockholders of the corporation and who shall be elect ed at the annual meeting of the stock holders on the third Saturday )f 1 March of each year. Upon full con- pliance with the terms and conditions of their agreement of subscription tc the stock of this Company. this day made in writing. the following | named persons 1shalI he and become i the Directors of this corporation for | the current year ending on the third l Saturday of March. 1904. and until | their successors are elected and qual- i fled, to-wit; R. L. Benton, of Naco. 1 Cochise County. Arizona. B. F. Ora | ham. of Bisbee Cocise County. Arizo- | ns. L. c. Shattuck, of Bisbee, Cochise | County. Arizona 4. L. Harroun, of ] Kansas City, Missouri. J. K. Davidson. nf St. Louis. Missouri. W. A Moses. of | Morsa of Kansas City. Kansas. J. F. and H. Vanderslice. of Kansas City. Missouri
 VII.
 The Board Of Directors of this may adopt such Bylaws governing the times and places of the meetings of the said Board. and con corning the method of carrying on and the business of this cor as they may deem proper and desirable
 VIII.
 The highest amount of Indebtedness and liability. direct or contingent. to which this corporation is al any time .o be subject shall be Four Hundred md Thirty Thousand Dollars
 Tx. The private property of members md stockholders of this corporation shall be forever exempt from liability Or the corporate debts of this corpors ioo.
 IN WITNESS WHEREOF. we have set our hands this 18th day of March, A. D. 1903.
 R. L. BENTON. B. F. GRAHAM.
 L. c. SHATTUCK,