Bisbee daily review., 1905-01-12

implements, conveniences, provisions and things capable of being used in connection with mining operations or acquired by workmen or others eln- ployed by the Company: to construct, carry out. improve, manage, work, control and superintend any roads, ways. railways, bridges, reservoirs, watercourses, aqueducts. wharyes furnaces, mills, crushing works, hy- draulic works. electric works, fac torres, warehouses and other works and conyeniences which may seem di- rectly and indirectly conducive to any of the objects of the Company, and to contribute to. subsidize, or otherwise aiG or partake in any such operations, to buy. sell or otherwise dispose of the capital stock of this or any other corporation and generally to do any and all acts and things and transact amy and all other business incidental to the purposes aforesaid and not contrary to the laws of the Territory of Arizona or of the United States of America.
 " That the amount of capital stock of the said Corporation shall be Three Million Dollars, divided into Two Hundred Thousand Shares of a par value of Fifteen Dollars each. payable in money, property. labor or any other valuable right or thing. and the juc cement of the Board of Direct ors as to the value thereof shall be lconslusive: and furthermore that the payments on such stock shall be sub ject to call by the Board of Directors V. That the time of the commence ment of said corporation shall be im- mediataly on filing these articles with the Recorder of the County of Cochise | Arizona, and the Auditor of the Ter ritory of Arizona. and such existence shall continue for a period of twenty | five years from and after the date of said filing.
 VI That the affairs of said Cor poration shall be conducted by a Board of Nine Directors. who shall be stockholcers of the corporation and shall be elected at the annual meeting of the Corporation on the second Wednesday of Novem- | Der in each year, and the Off cers of said Corporation shall be la President and President. both l ors from their own number; a Secre- tary. a Treasurer and such other of fcers as the Board of Directors may deem necessary, who may be chosen 1 from among the stockholders. The members of the Board of Directors for the current year and until their | successors are chosen and qualified | lare: -
 John Dariell, Calumet. Mich.
 Paul P. Roehm. Calumet, Mich
 Thomas Maslin, CaluEzet, Mich 1 Edward Ulseth, Calumet. Mich. William R. Oates, Calumet. Mich. A E. Deli, Marquette. Mich.
 Benjamin Chynoweth. Houghton, Mich.
 ". Frank James. Houghton, Mich ". Fl. B-ophy, Bisbee, Arizona. VII. That the said Corporation is not at any time 10 subject itself to a greater liability than Five Hundred Thousand Dollars except upon the written consent of the holders of one | half of the Capital Stock outstanding at the time the obligation is incurred and in no case shall such indebtedness be incurred to an amount exceeding two-thirds of the outstanding capital stock.
 VIII. That the private property of the stockholders of said corporation shall be exempt from liability for cor pOrate debts.
 IN WITNESS WHEREOF, we have hereunto set our hands and seals this 23d day of December. F. D.. 1904.
 ". FRANK JAMES. (Seal)
 JOHN DANIELL (Seal.)
 PAUL. P. ROEHM. (Seal) EDWARD ULSETH (Seal)
 WILLIAM R. OATES. (Seal.) State of Michigan.
 County of Houghton, ss.
 Before me, William Johnson. q No tary Public in and for the County of Houghton. State of Michigan. on this day personally appe ared w Frank James. John Daniell, Paul P Roehm. Edward Ulsetth and William R lOates. known to me to be the persons whose names are subscribed to the foregoing instrument and ac1nowl- Iedged to ma that they executed the lsame for the purposes and considera- ton therein expressed.
 Given under my hand and seal of lofhce this 23C day of December, A. D.. l9O4
 WILLIAM JOHNSON.
 (SeaL) Notary Public.
 My commission expires August 14, 1905.