Arizona silver belt., 1906-03-08
directors as to the value of the prop- erty purchased shall be conclusive.

erty purchased shall be conclusive. ARTICLE V.-The time of the com mencement of this corporation shall be the date of the filing of certified copv of these Articles of Incorporation in the office of the Auditor of Arizona Territory, and the termination thereof shall be twenty-five (25) years there after.
 ARTICLE V.-The affairs of this cor poration shall be conducted by board of directors of not less than three nor more than seven persons, elected annu- ally by and from among the stockhold- CTS of this corporation. The first annual meeting of the stockholders for this purpose and for the transaction of such other business as may properly come before them, shall be held on the first Friday of May, A. D. 1906, and annually thereafter on the same day. The officers of this corporation shall consist of president, vice-president, a secretary and treasurer which latter offices may be segregated by the board of directors. Until such board of directors shall have been elected the following named persons, who are each subscribers to one share of the capital stock of this corporation shall constitute the board of directors: Joseph Pfister, Edward F. Pfister and Chas. T. Martin, who shall organize and elect the officers of the corporation. Such board of directors shall have power to fill all vacancies in such board or the officers of the corporation, caused by resignation or otherwise, and until their successors are elected and qualified such board and such officers are hereby given the power and author ity to do and perform any and all duties usually appertaining to like offices, which powers and duties while so acting as such officers and directors of this corporation, shall include the adoption of corporate seal and the affixing thereof to any stock certificates or other instruments of writing necessary or proper, as well as the adoption of the necessary bylaws for the proper conduct of the affairs of this corpora tion.
 ARTICLE VI.-The highest amount of indebtedness or liability, direct or con- tingent, to which this corporation shall at any time subject itself shall be and | is hereby fixed at the gum of Five | Hundred Thousand Dollars ($500, ,000. .0O), which amount does not exceed two thirds of the amount of the authorized capital stock of this corporation.
 ARTICLE 1.-The private property of the stockholders of this corporation shall be exempt from liability for the payment of corporate debts.
 In witness whereof we have here
 unto set our hands this 23rd day
 of February, A. D. 1906.
 JOSEPH PFIsTER.
 EDWARD F. PFIsTER.
 CHAs. T. MARTIN. TERRITORY OF ARIZONA, ss.
 County of Gila. '''
 Before me, w. D. Fisk, a Notary Public in and for the County of Gila, Territory of Arizona, on this day per- sonally appeared Joseph Ffister, Ed ward F. Pfister and Chas. T. Martin, known to me to be the persons whose names are subscribed to the foregoing instrument, and acknowledged to me that they executed the same for the purpose and consideration therein ex- pressed
 Given under my hand and seal of
 office this 23rd day of February,
 A. D. 1906.
 My commission expires June 4th, 1906.
 w. D. FISK,
 Notary Pubic.
 (Notary's SeaD.
 TERRITORY OF ARIZONA, ss
 County of Gila. ''
 I, w. D. Fisk, County Recorder in and for the County of Gila, Territory of Ari- zona, do hereby certifythat the above and foregoing contain and constitute full, true and correct copy of Articles of In corporation of the Apache Consolidat- ed Copper Company, as the same appears of record in my office in Book Corporations, at page 274 ct sea-, that have compared the same with the original record, and that the same is true transcript and of the whole thereof.
 Given under my hand and seal of office this 23rd day of February, A. D.. 1906.
 w. D. FISK, Recorders Seal.
 County Recorder, Gila County, A. T. (First Publication March 1, l906.)