Bisbee daily review., 1903-08-30

1 proper rom tune to tune lO acquire for any of it's purposes.
 Co To prospect and search for | ores and minerals; to develop mines ! and grant licenses for mining in anI | over any lands which may be ac- | Quired by this corporation and to sell and otherwise dispose of the lands. mines or other property, franchises i or privileges of this company. 1 (d) To buy sell manufacture and i teal in minerals plants machinery implements corveniences provisions and things capable of being used in connection with mini..g operations or required by workmen or others em pIoyed by the compsny.
 (e) To construct carry out i'm prove manage work control and su- oerintend any roais ways railways | bridges reservoirs water courses ac- queducts wharves furnaces mills crushing works hydraulic works cleo tric works factories warehouses or other works and conveniences which may seem directly or indirectly con ducive to any of the objects of the company. and to contribute to. sub sidize or otherwise aid or partake ;n any such operations.
 (D To subscribe for, buy, SC or otherwise disOose of the capital stock or shares of the capital stock of this or any other corporation, and generally to do any and all acts ard things, and transact any and all other business incidental to the pur- poses or any of the purposes afor l. said. and not contrary to the laws of the territory of Arizona O rof the United States.
 ARTICLE "
 The amount of the capital stock of this corporation shall be One Mil lion Dollars (s1 GOO O00) divided into forty thousand (40,0O0) shares of the par value of Twenty-Five Dollars (s25,0 each. to be paid in such man. ner and at such times as the Board of Directors shall determine and au- thorize.
 ARTICLE V.
 The time of the commencement of this corporation shall be the date of the filing in the office of the auditor of the Territory of Arizona of a cer- hfed copy of these Articles of Incor- poration and the termination thereof shall be twenty-five (25) years thereafter.
 ARTICLE VI.
 The affairs of this corporation shall be conducted by Board of Directors consisting of seven CD directors. who shall be stockholders of this corporation. The first directors shall be Graham Pope, Rufus R. Goodell. John H Rice. George G. Bar mum, Samuel Kaufman. Frederick G . nj nd ! shall hold office until the third Moq- lay in May. 1904, and until their sue cessors are elected and qualified 1 Thereafter the directors annually at I stockholders meeting to be held at ,h office of the company, either in Bisbee, Arizona, or at Houghton Michigan. on the thrd Monday of May al 10 o'clock a. m. in each year, shall be elected and qualify for the term of office commencing ou the third Monday in May in each | year. The Board of Directors shall nave power at any time to fill vacan- cies therein. The board of direc- tors shall have power to meet at any place by them designated.
 ARTICLE VII
 The officers of this corporation shall be a President. a Vice President. who must be elected by the board of Directors from their own number, q | Secretary. a Treasurer and such oth- CT officers as the Board of Directors may from time to time deem neces- sary. A meeting of the board of direc- tors of this corporation shall be held on the 18th day of August, 1903 at 10 o'clock a. m. of said day, at the office of this corporation in HOughtOn. ! Michigan. for the purpose of electing The First President. Vice Pre5'dsnt | Secretary and Treasurer of this cor. poration. The said meeting may be continued from day to day if neces- sary for said purpose. Thereafter the officers of this corporation above enumerated shall be elected annually Dy the Board Of Directors al the first meetin of the board follow Ing the annual election of such di- rectors. The office of Secretary and Treasurer may, in the discretion of the Board of Directors be held by 1ne person.
 ARTICLE VIII
 The highest amount of indebted ness or liability to which this corpo- ration is at any time to subject It. self shall in no case exceed One Hun dred Thousand Dollars (S100, ,000.00J except upon the written consent of the holders of one-half (h) or up- wards of the capital stock outstand- ing at the time the obligation is in cured and in no case shall such in debtedness be incurred to an amount exceeding two-thirds (2-3) of the ou-- standing capital stock of this corpo- | ration.
 ARTICLE TX
 The Board of Directors of this cor poration shall adopt bylaws which may be repealed or amended by Sd l Board.
 ARTICLE x
 The private property of the stock