Bisbee daily review., 1906-10-16
NOTICE OF AMENDMENTS. To Articles of Incorporation of Arizp
 Mirino Company

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 com. pany, under and by virtue of the pow CT invested in them under the bylaws O. said company, held at the office of E. E. Ellinwood, in Bisbee, Cochise County, Territory Of Arizona, on the first 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 nl mber of shares having been at said 1T eeting represented, to-wit, 110,955 shares, the total number of issued shares 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- piled with, the following resolution was adopted by the affirmative vote ot a majority of the issued stock. to-wit: By the vote of 110.955 shares there represented:
 Whereas, 1t is deemed expedient and for the best interest of the con- pany to amend Article 3, Of the or1gi- 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, it is deemed expedi- ent and for the best interests of the company to amend Article 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 ts the extent pro- vided 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 cf 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 the company to amend Article 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 1nou- sand Dollars (s500,000);
 NOW, THEREFORE. Be It Resolv- ed, that Articles 3, 6 and 10 of the original Articles of Incorporation of Arizpe Mining Company and Article of the Amended Articles of Incorpo- ration of Arizpe 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.o .oo0) divided into Six Hundred Thousand shares of the par value of Five Dollars (s5l each. These l shares, when issued, shall be fully paid aud non-assessable. Said capital stock or any part thereof, may be sold l 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 may deter n ine.
 "Sixth-The management and con trol of the corporations business and affairs and property shall be vested in and conducted by a Board of Direc l tors. consisting of not less than three
 f3) or not more than fifteen t15) di Irectors, who shall be selected each | year from the share holders at the reg
 ular annual meeting. as the hy-laws
 may direct: .hey shall hold office fcl l one year, and until their successori are elected.
 That until the ensuing annual meet irg of the stocknoIders,sthe Board O Directors shall consist of as mary al Ifectors, not less than three t3) no lrlore than fifteen .15) as the presen
 Board of Directors may 5e5iyna,e, ant ere present Board Of Directors snal lave the power to elect the persons t constitute the Board of Directors UT Ifif the ensuing annual meeting. an, Iuptr the successors are elected an qualified.
 "Tenth-The Beard Of T'-sctors ar
 authorized to establish bylaws and !
 alter and amend same. and said Boar of Directors are empowered by -est
 lLtions rassed by majority Of tn
 whole Beard, to designate three c more directors to constitute an Exec
 uiive Committee. which committee { ltfe extent provided for in he bylaw
 of the corporation shall have and ma
 execute the powers of the Board of D
 rectors in the management or rne pus
 ness and affairs of the company, an
 shall have power to authorize the ses of the corporation to be affixed to a ' pc pers which may require it. and sal
 Executive Committee may act by tt vsrixfap r>nnsent of afl of it's member