Bisbee daily review., 1906-11-10
REVIEW BsBEE SATURDAY MORNING. NOVEMBER

and may have it's work and property. and do and transact business at such place. as 1t may deem convenient or profitable. and i.s directors may meet, and transact business at such places as they may from time to time desig- nate, either within or without the Ter ritory of Arizona
 ARTICLE III.
 The general nature of the business proposed to be transacted by this cor Ioration is:
 lst The acquiring of mines. min sites, smeker sites. water locations and privileges, oil and gas wells, stone, timber and agricultural lands. and renting. selling and dealing in the same and the products thereof.
 End. Tho mining and reduction of minerals and metals. and the acquisi- tion of all necessary property thereto.
 3rd. The manufacturing. purchas- ing or otherwise acquiYing of goods, wares and merchandise, and personal property of every description, and buy ing and selling. dealing in and dis posing of the same.
 4th. The acquiring "by purchase or otherwise" of telegraph or tele- phone lines. railways and tramways of every description. canals and ditch es, electric power plants and to make use of these in any manner that may be deemed advisable by the Board of Directors.
 9th. This corporation may also is- sue warrants, bonds. debentures and other negotiable instruments, or other wise secure the same. may pledge or hypothecate the property or earnings Al. rHr. In ft1e.f f,,df ment of the Board of Directors it may seem proper, or necessary for the good of the company.
 9th. 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 evidence of indebtedness, and the shares of capital stock or other corporations. and vote such shares.
 Tth. This oorrcraifon shall have the power to make contracts, and to acquire and transfer properties, pos essing the same powers in respect thereto as private individuals now en- joy.
 The corporation shall commence, at the time of filing for record, its Arti- cles of Incorporation. in the office of the County Recorder, at Cochise Coun- ty Territory of Arizona, and the filing of certified copy there of with the Secretary of the Territory of Arizona, and it shall endure for twenty-five years there after.
 ARTICLE V.
 1st. The capital stock of this cor
 -A.n l1 fe1nN AAAN <ra hum dred thousand dollars, divided into forty thousand 100000 shares of the Far value of Two Dollars and Fifty Cents ($2.50) 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. 2nd. The time when and the condi- ton upon which said capital stock shall be paid in shall be fixed by the Board of Directors and said Board may when 1t deems to be to the best interest of this corporation, issue said stock below par or issue same in pay ment for property transferred to this company.
 3rd. All the stock issued as above mentioned shall be non-assessable.
 ARTICLE VI.
 1st. The highest amount of in- iebtedness or liability, direct or con tingent, to which this corporation shall be at any time liable for will in no case exceed the sum of twenty thousand (s20, 100000 dollars.
 2nd. The stockholders of this cor poration and their private property shall be forever exempt from all cor porats debts of this corporation.
 ARTICLE VII
 1st. The affairs of this corporation shall be controlled and managed by board of ten directors elected by, and from among the stockholders.
 2nd. Directors shall hold office for one year, or until their successors are elected and qualified. 3rd. Persons ceasing to be stock holders shall cease to be directors or officers of this corporation. 4th. The officers of this corpora ton shall be: President, Vice-Presi- dent. Secretary and Treasurer, who shall be elected by the Directors.
 9th. The Directors shall have pow CT to make, alter and amend Bylaws and all needful rules for the govern ment of this corporation, and the man age of it's officers.
 6th. In the event of death, or res ignation. of any Director of this cor poration so that a vacancy is created. | 1t may be filled by vote of the remain l Ing Board of Directors, and the per son so elected shall hold office until his successor is elected and qualified. 1th. Until the first annual election of Directors. and until their successors are elected and qualified. the follow ing named persons shall be the Dl- rectcrs of this corporation: James H. Kirk, David Cole, H. E. Kirk, I Mac manus, John A. Campbell, J. P. Mar tinden. Floyd McMahon, J. V. Mon tague, J. J. Evans. R. L. Hawes. ARTICLE VIII. 1st. The annual meeting of tho stockholders shall be held at the of. flee of the company. at Bisbee. Terr'- tory of Arizona. the first Tuesday of September of each year.
 End. Stockholders shall have the riaht to east one vote for each share of stock owned at all stockholders nee ing either in person or ey proxy