Bisbee daily review., 1906-10-14

NOTICE OF AMENDMENTS. To Articles of Incorporation of Arizpc
 Mining Company.
 Notice is hereby given that at a spe- cial meeting of the stockholders of the Arizpe Mining Company, duly called by the Beard of Directors of said con- pany. under and by virtue of the pow CT invested in them under the bylaws of said company. held at the office of E. E. Eliinwood, in Bisbee, Cochise County, Territory of Arizona, on the nrst day of September, 1906, at 7:30 p. m., due notice thereof having bee l regularly given to all the stockhold. CTS of said company, and the requisite n' mber of shares having been as saii Teeting represented, to-wit, 110,955 shares, the total number of issued stares of the capital stock of said company being 14S,c25 shares, and all the requirements of the bylaws of the said company having been fully com pl;ed with, the following resolution was adopted by the affirmative vote ot majority of the issued stock, to-wit: By the vote of 110.955 shares there represented:
 Whereas, it is deemed expedient and for the best interest of the com pGny to amend Article 3, of tne orlgi- nal Articles of Incorporation of the Arizpe Mining Company, So as to in- crease the capital stock of the compa- ny from One Million Dollars to Three Million Dollars, and to increase the number of shares representing said capital stock from 100000 shares to 100000 shares of the par value of Five Dollars (s5) each, which, when issued, shall be fully paid ana non-as- sessable.
 And whereas, 1t is deemed expedi- ent and for the best interests of the company to amend Article 6 of the original Articles of Incorporation of the Arizpe Mining Company. so as to increase the maximum number o1 di- rectors from nine (9) to fifteen t15) di- rectors;
 And, Whereas, it is deemed expedi- ent and for the best interests of the company to amend Article 10 of the original Articles of Incorporation of Arizpe Mining Company so as to give to and vest in the board of directors, power by resolution passed by ma jcrity of the whole board, to desig. rate three (3)- or more directors to constitute an executive committee, which committee to the extent pro yiGed for in the bylaws of the corpo- ration, shall have and may execute the power of the Board of Directors in the arrangement of the business and af- fairs of the company, and shall have power to authorize the seal of the corporation to be affixed to all papers which may require it, and that said Executive Committee may act by the written consent of all it's members, although not formally convened.
 And, Whereas, it is deemed expedi- ent and for the best interests or Lne company to amend Article 4 of the amended Articles of Incorporation of Arizpe Mining Company, so as to in crease the amount of indebtedness that may be incurred by this compa- ny. from One Hundred Thousand Dol lars (s100,000) to Five Hundred Inou- sand Dollars (s500,00O);
 NOW, THEREFORE, Be It Resolv- ed, that Articles 3, and 10 of the original Articles of Incorporation of Arizpe Mining Company and Article of the Amended Articles of Incorpo- ration of ATizpe Mining Company be. and the same hereby are amended so as to read as follows:
 "Third-The Capital Stock of said corporation shall be Three Million Dollars (s3.000,000) divided into Six Hundred Thousand shares of the par value of Five Dollars (s5) each These shares. when issued, shall be fully paid and non-assessable. Said capital stock or any part thereof, may be sold for cash, or may be issued in payment for property, services, rights or inter- ests purchased or otherwise acquired by said corporation, upon such terms as the Board of Directors mdy deter n inc.
 "Sixth-The management and con trol of the corporation's business and affairs and property shall be vested in and conducted by a Board Of Direc- tors, consisting of not less than three (3) or not more than fifteen t15) di- rectors, who shall be selected eat h year from the share holders at the reg ular annual meeting. as the bylaws may direct: .hey shall hold office for one year. and until their successors are elected
 That until the ensuing annual meet irg of the stockholders. the Board of Directors shall consist of as many di- iectors, not less than three t3) nor rlore than fifteen .15) as the present Foard of Directors may designate. ana the present Board Of Directors shall have the power to elect the persons to constitute the Board of Directors un- til the ensuing annual meeting. and uLtil the successors are elected and qualified.
 "Tenth-The Board of Directors are authorized to establish bylaws and .o alter and amend same, and said Board of Directors are empowered by 7esO- Irtions rassed by a majority of th9 V hole Beard, to designate three or more directors to constitute an Exec utiye Committee. which committee to tie extent provided for in he bylaws of the corporation shall have and niaT execute the powers of the Board of Di- rectors in the management or yne pusi- ness and affairs of the company, and shall have power to authorize the seal of the corporation to be affixed to all pc pers which may require 1t, and said Executive Committee may act by the