Bisbee daily review., 1905-01-06

implements. conveniences, provisions 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, bridges, reservoirs, watercourses, aqueducts, wharSes furnaces, mills, crushing works, hy- draulic works. electric works, fac torres. warehouses and other works and convenfences which may seem di- ractly and indirectly conducive to any of the objects of the Company, and to contribute to. subsidize. or otherwise a4d 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 ard things and transact amy and all other business incidental to the purposes aforesaid and not icontrary to the laws of the Territory lof Arizona or of the United States of America.
 w. That the amount of capital stock of the said Corporation shall be Three Million Dollars, divided into 1.-TWO Hundred Thousand Shares Of a par value of Fifteen Dollars each, payable in money, property, labor or Iany other valuable right or thing, and the judgement of the Board of Direct- ors as to the value thereof shall be lconslu5ive; and furthermore that the Ipayments on such stock shall be sub liect to call by the Board of Directors Il V. That the time of the commence ment of said corporation shali be inn 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 five years from and after the date of Isaid filing.
 | VI. That the affairs of said Cor Iporation shall be conducted by a Board of NiHe Directors. who shall be lstockholGers 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 a President and Vice President. both , to be elected by the Board of Direct 7 ors from their own number; a Secre- | ltary, a Treasurer and such other of , ficers as the Board of Directors may deem necessary, who may be chosen from among the stockholders. The members of the Board of Directors for the current year and until their r successors are chosen and qualified Iare:-
 John Daniell Calumet. Mich Paul P. Roehm. Calumet, Mich
 Thomas MaSlin. Calumet. Mich
 Edward Ulseth, Calumet, Mich. William R. Oates, Calumet. Mich
 A. F. Deli, Marquette, Mich. Benjamin Chynoweth, Houghton
 Mich
 w Frank James. Houghton, Mich.
 ". H. B-ophy. Bisbee, Arizona.
 VII That the said Corporation iy l. not at any time to subject itself to z igreater liability than Five Hundred . Thousand Dollars except upon th'
 written consent of the holders of one :: half of the Capital Stock outstanding > at the time the obligation is incurred fl and in no case shall such indebtedness. ], lbe incurred to an amount exceedin: T ltwo-thirds of the outstanding capita \ stock.
 n VIII. That the privste property O ] the stockholders of said corporation 1- shall be exempt from liability for COT T porate debts.
 'eI IN WITNESS WHEREOF. we hay d lhereunto set our hanGs and seals thi e 23d day of December, A. D.. 1904. ,e W. FRANK JAMES (Seal)
 JOHN DANTELL (SealD
 PAUL. P. ROEHN. (Seal)
 EDWARD ULSETH. (SealD WILLIAM R. OATES. tSeal.)
 State of Michigan.
 County of HoughtOn, ss. D Before me, William Johnson. a N
 tary Public in and for the County (
 iHoughton. State of Michigan. on tn
 day personally appeared ". Fran
 James, John Daniell. Paul P ROehn
 Edward UIs5tth and William
 IOates. known to me to be the persoI ]. whose names are subscribed to u
 foregoing instrument and acknoW Ic Iedged to Gne that they executed Il
 same for the purposes and consider
 tion therein expressed. ,E Given under my hand and seal ~ office this 23d day of December A. l =, l1904
 at WILLIAM JOHNSON. (Seai) Notary Publ ~ My commission expires August 1905.
 Filed in the office of the Coun
 Recorder of Cochise County AriZO '.t --at------- 7"h 1905.
 = Filed in the office of the Auditor J,o the Territory of Arizona, January 2, ,tr Phoenix. A. D. 1905 Y" -----