Bisbee daily review., 1905-01-05

implements. conveniences, provisions and things capable of being used in connection with inning operations or acquired by workmen or others e1n- rloyed by the Company: to construct carry out. improve, manage, work, control and superintend any roads, ways. railways, bridges, reservoirs, watercourses, aqueducts, wharves furnaces. mills, crushing works, hy- drauiic works, electric works, fac tor .es. warehouses and ether works and conveniences which may seem di- .rectly and indirectly conducive to Sny of the objects of the Company, and to contribute to. subsidize. or otherwise a.C or partahe 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 othe- business incidental to the purposes aforesaid ano 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 Board of Direct orS aS to the value thereof shall be Iconslusiye; and furthermore that the fG m ctr haM l., ject to call by the Board of Directors | '. That the time of the commence ment Of said corporation shall be inn mediately 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 shaA continue for a pericd 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 ls1ockhoi6ers 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 eers 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- tary. Treasurer and such other of fcers ss the Board of Directors may deem necessary, who may be chosen i from among the stockholders. The members of the Board of Directors | for the current year anc until theil successors are chosen and qualified tere:-
 John Dariell, Calumet. Mich Paul r. Roehm, Calumet, Mich. Thomas Maslin. Calumet Mich.
 Edward Ulseth Calumet, Mich. William R. Oates, Calumet. Mich. A. E. Deli. Marquette. Mich
 Benjamin Chynoweth. Houghton Mich.
 ". Frank James Houghton. Mich W. H. B-ophy, Bisbee, Arizona. ! VII. That the said Corporation is not at any time to subject itself to 8 i greater liability than Five Hundred Thousand Dollars except upon the written consent of the holders of one half of the Capital Stock outstanding | dt AAAG AAA1lC tl4E ODAA-1cAAO4A 10 AlAN AA EN and in no case shall such indebtedness: be incurred to an amount exceeding two-thirds of the outstanding capita istock.
 VIII. That the private, property O. the stockholders of said corporation shall be exempt from liability for cor porate debts. l IN WITNESS WHEREOF. we hav' Ihereunto set our hancs and seals thi! 23d day Of December. A. D.. 1904.
 ". FRANK JAMES. (Seal)
 JOHN DANIELL. (Seal.)
 PAUL. P. ROEHM. (Seal)
 EDWARD ULSETH. (Seal)
 WILLIAM R. OATES. (SealO State of Michigan.
 County of Houghton. s5.
 Before me. William Johnson. a Nc tary Public in and for the County 0 Houghton. State Of Michigan. on rhi day personally appeared ". E'-senn James. John Daniell. Paul P. Roeh1r Edward Ulsetth and William F Oates. known to me to be the person whose names are subscribed to th foregoing instrument anG acknow edged to nge that they executed tn same for the purposes and consider; tion therein expressed.
 Given under my hand and seal C office this 23G day of December, A. D l1904
 WILLIAM JOHNSON. (Seal.) Notary PI.bii' My commission expires August 1 1905.
 Filed in the office of the Count Recorder of Cochise County Arizor
 A. D 1905.
 Filed in the office of the Auditor ( ithe Territory of Arizona. January ?. { , Phoenix. A. D. 1905.