Bisbee daily review., 1906-10-05

use or these In any manner that may be deemed advisable by the Board of Directors.
 :. This corporation may also issue warrants, bonds, debentures and other negotiable instruments, or otherwise secure the same, may pledge or hypothecate the property, or earn ings of the company, whenever in the judgment of the Board of Directors, 1t may seem proper, or necessary for the good of the company. c. This corporation shall have ex- press power to hold, purchase. or oth- erwise acquire and to sell, assign. transfer. mortgage, pledge. or other wise dispose of bonds, debentures, or other evidences of indebtedness, and the shares of capital stock of other corporations. and vote such shares.
 z. This corporation shall have pow CT to make contracts. and 70 acquire and transfer properties, possessing the same powers in respect thereto, as private individuals now enjoy.
 ARTICLE ".
 The corporation shall commence, at the time of filing for record, its Arti- cles of Incorporation, in the office of the County Recorder, of Cochise County, Territory of Arizona, and the filling of certified copy thereof, with the Secretary of the Territory of Arizona, and 1t shall endure for twenty-five (25) years thereafter.
 ARTICLE V.
 1. The capital stock of this corpor- ation shall be Five Hundred Thousand Dollars (s500 0O0.00D divided into Five Hundred Thousand shares t500.000) of the par value of One Dollar ts1.00) each which said shares of capital stock shall be issued in such amounts and proportions as shall be determined by the Board of Directors, and as may be permitted by law.
 2. The time when and the condition upon which said capital stock shall be paid in shall be as fixed by the Board of Directors, and said BoaId may when it deems it to be to the best interest of this corporation, issue said stock
 below par, or issue same in payment for property transferred to this com. , pany.
 3. All the stock issued as above
 mentioned shall be non-;issessable. ARTICLE VI. l. The highest amount of indebt. , edness or liability, direct or contin. , gent, to which this corporation shall
 be at any time liable for, will in no
 case exceed the sum of One Hundred
 Thousand Dollars (s100,00000).
 2. The stockholders of this cor :. poration, and their private property
 shall be forever exempt from all cor porate debts of this corporation.
 ARTICLE VII.
 The affairs of this corporation shall hn lnI Hry
 Board of five Directors elected by, and from among the stockholders. ?. Directors shall hold office for : one year. or until their successors are elected and qualified.
 3. Persons ceasing to be stock holders, shall cease to be Directors o1 officers of this corporation. 4. The officers of this corporation ? shall be President. Vice President, Sec
 retary and Treasurer. who shall be } elected by the Directors. D. The Directors shall have power I to make, alter and amend Bylaws ant : all needful rules for the government o. !. this corporat!on, and the management
 of its officers.
 g 6. In the event of death, or resig
 nation, of any director of this corpora
 tion so that a vacancy is created, i : may be filled by vote of the remain 2 ing Board of Directors. and the persor
 so elected. shall hold office until hi! 2 successor Is elected and qualified. F '. Until the first annual election O r Directors, and until their successor. l. are elected and qualified. the following l. named persons shall be the Director, l. of this corporation: J. T. Wilkey, W : w. Wilkey, D. T. Green, R. L. Sam d uels and J. P. Mills.
 ARTICLE VIII.
 l. The annual meeting of tn,
 stockholders shall be held at tn, T office of the company, at Bisbee. Ter ). ritory of Arizona, on the first Thurs
 day of August, each year.
 2. Stockholders shall have tn a right to cast one vote for each shar R of stock owned at all stockholders e meetings. either in person or by prox, f in writing. duly authorized. r IN WITNESS WHEREOF, we hav e hereunto set our hands this day tn T 4th of September, A. D. 1906. d J. T. wILKEY. l. D. T. GREEN. n Filed and recorded at request 0 l. P. J. Tenancy, September 5. 1906. a l. 9 a. m.. Book f, Interpretations, Pag n 167 to 17O.
 n TERRITORY OF ARIZONA !. County of Cochise, ss.
 I. Frank Hare, County Recorder il s and for said county, hereby certif. r. that I have compared the annexet ;. copy with the original articles of in Il corporation of the West Cananea Cor s per company, filed and recorded in m. }, office on the 5th day of September }, 1906, in Book 4. pages 167-170, Incor e porations, and that the same is full true and correct copy of such origi T nal and of the whole thereof. Witness my hand and seal of office }. this 9th day of September. 1906. g (Seal) FRANK HARE, S County Recorder