Bisbee daily review., 1905-06-02
ARTICLE II.

ARTICLE II.
 The business of said corporation shall be to purchase, acquire, lease, rent, own, enter, maintain and oper- ate mines and mining claims, mineral lands, lodes, veins and deposits; to purchase, rent, acquire, own, maintain and operate smelters, machinery, en- zines, drills and reduction works; to mine, purchase, sell and deal in, ores and metals of all kinds, and to con- duct a general mining, smelling and reduction business; to purchase, To- cate and construct water rights, dams, reservoirs, waterways and water fumes for the purpose of generating water power and electric power, and to erect and construct all machinery and buildings necessary and required in the generation of said water or cleo tric power and to locatean purchase all lands necessary and required therefor. and to locate. construct and all lines necessary and re- Quired for the transmission of electric power; and to purchase and locate rights of way for the said lines oI transmission and do all other things necessary and required to own, oper- ate and construct water power plants and electric power plants and to sell the same and the power generated thereby; to construct, erect and main tain pipe lines upon or beneath the sur lace, to construct and maintain reser- voirs, stand pipes and water works and all appliances and machinery therein required, and to supply and sell water through the same for pri- Tate. public and municipal purposes. and to obtain necessary rights, privil- eges and franchises for the same: to and maintain a mercantile business to be carried on in connec- tion with the foregoing; to acquire. purchase. take, hold, own, rent and lease any and all real estate and per sonal property necessary or incident 10 the business or purposes herein de Scribed, or to sell and dispose of the same; to treat. smelt and reduce ores md minerals for custom or hire. and o do any act or thing whatsoever nee 'ssary, proper, convenient or incident O any. all or either of the purposes | erein expressed.
 ARTICLE II:.
 The capital stock of said corporation ! hall be Seven Million Five Hundred i thousand Dollars, divided into 75,000 | hares of the face or par value of s100 ach. and it shall be paid in at or be- ore the time it shall issue in lawful honey of the United States, or in prop rty which taken at its reasonable, rue and fair value shall equal the alue of the stock issued.
 ARTICLE ".
 Said corporation shall endure for twenty-five years from and after the lay of its organization and the term | f its duration may be renewed or for time and in a manner | 'rescribed by law.
 ARTICLE v.
 The location and authorized place of, |, of said corporation shall be in he city of Bisbee, in the County of Cochise, Territory of Arizona, but branch offices may be located and es- Lablished at such other place or places as the Board of Directors may at any time designate by resolution.
 ARTICLE VI.
 The business. property and affairs of said corporation shall at all times be under the Control of and admins tered by a Board of Three Directors, each and all of whom shall be stock holders of said corporation, and the directors for the first year and until their successors are elected and quail fy, shall be J. O. Buckley and Thos. F. Somers. of Milwaukee, Wis, and Hen " R. Buckley, of Denver. Colorado. The general officers of said corpora ton shall be a president. vice-presi- dent, a secretary and a treasurer. each and all of whon3 must at all times be stockholders of said corpora. ton, and they shall be elected by the Board of Directors after the first year. The Board of Directors may by by laws or resolutions create such other offices from time to time as they may see fit and fill same by election or appointment The office of Pres ident and Treasurer may be held by the same pc son. The general off cers of said erporation for the first year of it's stence and until their elected and qualify, shall be ani g as follows:
 President J. O. Buckley.
 President-Henry R. Buckley.
 Secretary-Thos. F. Somers.
 Treasurer-J. O. Buckley.
 The Board of Directors shall have full power and authority for and in the name of said corporation to make and adopt bylaws, rules and regu!a- tions for the government of the cor poration and prescribe duties for the general officers respectively, and may alter and repeal the same at will.
 ARTICLE VII.
 After the first year the Directors shall be elected annually by the stock holders at the regular annual stock x.-I,-os ~,,ooffu0 and all qf0ckhOl6QrS'