Bisbee daily review., 1905-01-07

and things capable of being used in connection with inning operations or acquired by workmen or others em- ployed by the Company: to construct, carry out. improve, manage, work, control and superintend any roads, ways. railways, biioges, reservoirs, watercourses, aqueducts. wharves 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 a.6 CT 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 anc 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 judgement of the Beard of Direct Iors as to the value thereof shall be Iconslusive; and furthermore that the payments ol such stock shall be sub ject to call by the Board of Directors Y. That the time of the commence nent Of said corporation shall be i'm lmediately on fling 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 Ave 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 stockhclcers of the corporation and shall be elected at the annual meeting of the Corporation on the second Wednesday of Noyem- Der in each year. and the Off cers of said Corporation shall be & President and Vice President. both to be elected by the Board of Direct. ors from their own number; a Secre ltary Treasurer and such other Of fcers as the Board of Directors may deem necessary. who may be choser ifrom among the stockholders. Tne members cf the Board of Directors for the current year and until theil successors are chosen and qualified isre:-
 John Danieli, Calumet, Mich. Paul P. Roehn, Calumet, Mich.
 Thomas Maslin, Calumet, Mich.
 Edward Ulseth, Calumet, Mich. l William R. Oates, Calumet, Mich.
 A. E. Deli. Marquette. Mich. i Benjamin Chynoweth, Houghtcn Mich.
 W Frank James, Houghton. Mich.
 W. Fl. Bgophy, Bisbee, Arizona. | VII. That the said Corporation j: not at any time 10 subject itself to ; igreater liability than Five Hundret Thousand Dollars except upon tn, written consent of the holders of one lhalf of the Capital Stock outstandin, , at the time the obligation is incurTe' and in no case shall such indebtednes be incurred to an amount exceeding two-thirds Of the outstanding capita stock.
 ] VIII. That the private property 0 the stockholders of said corpOraJio. - shall be exempt from liability for col Iporate debts.
 , IN WITNESS WHEREOF, VIC hay hereunto set cur hanGs and seals thi 3 23d day of December. A. D.. 1s0i. 2 W. FRANK JAMES. {SealD
 JOHN DANIELL (Seall
 PAUL. P. ROEHM. (SeaiD
 EDWARD UISETH. (SealD . WILLIAM R. OATES. (Seal)
 State of Michigan.
 County Of Houghton, ss. Before me, William Johnson, NJ
 ta9y Public in and for the County ( Houghto1. State of Michigan, on th
 day personally appeared ". Fran
 James. Jonn Daniell, Paul P. Roehr Edward I7lsehh and William iOaies, known to me to be the rersol
 whose names are subscribed to u
 foregoing instrument anG acknoV r iedged to nye that they executed II
 same for the purposes and consider
 ton therein expressed.
 Given under my hand and seal | office this 2S6 day of December, A. I f l190i.
 ( WILLIAM JOHNSON. x (Seal) Notary Publ -s My commission expires August ~ 1905.
 Filed in the office of the CcuT. I Recorder os Cochise County Arizoi n- -----at--- !" 1895.
 Filed ir the office of the Auditor - the Territory of Arizona, January ,,