Bisbee daily review., 1906-11-09

oAuCSS ~ huy Otuof PlhCc VT PfoScc, and may have its work and property. land do and transact business at such place. as 1t may deem convenient or profitable, and its 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.
 l 4FiE1 ff ARTICLE III.
 The general nature of the business proposed to be transacted by this cor noration is: g4
 1st The acquiring of mines, mill sites, smelter 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. 2nd3 Tho mining and reduction of minerals and metals, and the acquisi- tion of all necessary property thereto. | 3rd. The manufacturing, purchas- ing or otherwise acquiring 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.
 5th. This corporation may also is sue warrants, bonds. debentures and other negotiable instruments, or other wise secure the same, may pledge or Ihypothecate the property or earnings of the company. whenever in the judg- ment of the Board of Directors 1t may seem prc.oer, or necessary for the good of the company.
 9th. This corporation shall have ex- press power to hold. purchase, or eth erwise acquire and to sell, assign, transfer. mortgage. pledge or other wise dispose of bonds, debentures. or ether evidence of indebtedness, and the shares of capital stock or other corporations. and vote such shares.
 Tth. This corporation shall have | the power to make contracts, and to acquire and transfer properties. pos essing the same powers tn respect thereto as private individuals now en- joy.
 ARTICLE W.
 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 CouIi- ty Territory of Arizona. and the filing Of certified ce.y there of with the Secretary of the Territory of Arizana. end it shall endure for twenty-five years there after.
 ARTICLE V.
 1 lst. The capital stock of this cor poration shall be (sl08, ,000) one hun dred thousand dollars, divided into forty thousand (40.000D shares of the par value of Two Dollars and Fifty Gents (s2.50) 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.
 2na. 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 debtedness 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 (s2O, ,O00.00) dollars.
 End The stockholders of this cor poration and their private property shall be forever exempt from all cor porate debts of this corporation.
 ARTICLE VII,
 rst. The affairs of this corporation shall be controlled and managed by a board of ten directors elected by, and l from among the stockholders.
 2nd Directors shall hold office for one year, or until their successors are elected and qualified.
 Srd. Persons ceasing 10 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. 5th. The Directors shall have pow CT to make. alter and amend Bylaws and all peedful rules fer the govern ment of this corporation, and the man age of it's officers.
 9th In the event of death, or res ignation. of any Director of this cor poration so that a vacancy is created, ! it may be filled by vote of the remain ing Board of Directors. and the per son so elected shall hold office until his successor is elected and qualified. 7th. Until the first annual election sf Directors. and until their successors are elected and qualified. the follow ing named persons shall be the Di- rectors of this corporation: James H. Kirk, David Cole, H.. E. Kirk, I Mac manus, John A. Campbell, J. P. Mar tindell. Floyd McMahoR, J. V. Mon ttagHe, J. J. Evans. R. l.. Hawes.
 ARTICLE VIII Ist. The annual meeting of tIe stockholders shall be held at the of flee of the company, at Bisbee, Terri tory of Arizona, the first Tuesday of September of each year.
 2nd. Stockholders shall have the right to cast one vote for each share of stock owned at all stockholders meeting either in person or by proxy in writing, duly authorized. IN WITNESS WHEREOF we have