Bisbee daily review., 1905-06-08

build. operate, manage, control, lease, mortgage, bond, equip and maintain buildings, poles, pipes, wires, lights, underground circuits, appliances, ma chinery and all apparatus capable of being used in the production, develop ment, distribution or application of electricity, steam, gas, power and ice, or in any way connected herewith. and to contract for, purchase, lease. sell, buy, own, hold, manage, convey, mortgage, hypothecate, bond, or other wise acquire, dispose of or deal in any real or personal property, includ- ing franchises for any of the purposes aforesaid, or in any way related there to, and to issue bonds, secured by mortgage or otherwise, on any of its property;
 ARTICLE Iii.
 That the place where the principal business of said Corporation is to be transacted is the City of Bisbee. ia the Territory of Arizona, but that the general offices of said Company may be maintained outside of said Terri tory of Arizona. at such place as may be provided by the Bylaws of said Company;
 All iNEE w. That the term for which said cor poratiOn is to exist is twenty-five (25) years from and after the date of it's incorporation.
 ARTICLE V.
 That the number of the Directors or trustees of said corporation shall be five(5), and that the residence of the Directors or trustees who are appointed for the first year and to serve until the election and qualifi- cation of such officers are as follows, towit:
 Names. Whose residence is at A. w. McPherson, Santa Monica Cal, w. s. McCay, Pasadena, Cal, Geo. H. Hutton, Santa Monica, Cal, Frank G. Wagner, Los Angeles, Cal, Robt. McPherson, Arcadia, Cal, ARTICLE VI.
 That the amout of the Capital Stock of said incorporation is One Hundred and Fifty Thousand Dollars ($150 ,00o- 000), and that the number of shares into which it is divided is one thou sand five hundred (1500) of the par value of One Hundred Dollars (s100.00) each, and the following are the names of the persons by whom |. the same has been subscribed, towit: Name Subscribers. No. Shares. Amt. I. A. W. McPherson, 300 30,000 W. S. McCay, 200 10000 Geo. H. Hutton, 200 10000 Frank G. Wagner, 100 10000 Robt. McPherson, 200 10000 ARTICLE VII. The highest amount of indebted , ness and liability, direct or contingent, to which this corporation is at any time to be subject, shall not exceed the sum of One Hundred Thousand Dollars (s1O0, ,OOO.OO), same being two thirds (2-3) of the amount of the cap } ital stock of this corporation. ARTICLE VIII.
 Nothing herein shall exempt the stockholders of this incorporation from individual liability to the amount of any unpaid installment on the stock owned by them, or transferred to them for the purpose of defrauding creditors, but the private property of any of the stockholders in this corpo- ration shall be exempt from any and all liability for corporate indebted ness.
 ARTICLE TX.
 s. K. Williams, a resident of Bis bee, Cochise County, Arizona Terri tory, who has resided in said County for more than three years last past, is hereby designated and appointed as the Resident Agent of this corpo- ration, upon whom notices and pro | cesses may be made, and when so ] hn hoT hn donrnod taken and held to be lawful personal service on this corporation, and this Article is intended to and does stand in lieu of any additional notice to be filed in the office of the Secretary of the Territory.
 1 IN WITNESS WHEREOF, we have ! hereunto set our hands and seals this 26th day of April, A. D., 1905.
 Signed and Sealed in the Presence of
 (SeaIJ A. w. MCPHERSON, (Seal.) WILLIAM s. McCAY, ! (Seal.) GEO. H. HUTTON, ! (Seal.) FRANK G. WAGNER, (Seal.J ROBT. MCPHERSON. | State of California, County of Los Angeles, ss.
 1 On this 26th day of April, in the year A. D.. one thousand nine hun dred and five, before me, J. Euclid Miles. a notary public in and for said County of Los Angeles, State of Cali | fornia. residing therein, duly commis- stoned and sworn, personally appear cd A. W. McPherson, W. s. McCay, Geo. H. Hutton, Robt. McPherson and Frank G. Wagner, known to me to be l the persons whose names are sub scribed to the within instrument, and acknowledged to me that they execut- ed the same for the purposes and con sideration therein expressed. WITNESS my hand and official seal. (Seal) J. EUCLID MILES, Notary Pnhlic in and for said COun-