Bisbee daily review., 1906-03-29

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 property. and do and transact busi-
 ness at such place. as it may deem
 convenient, or profitable. and it's di- rectors may meet, and transact busi- ness at such places. as they may from | time to time designate, either within or without the Territory of Arizona.
 ARTICLE III. The general nature of the business proposed to be transacted by this cor poration is:
 l. The acquiring of mines, mill sites, smeiter sites. water locations and privileges, oil and gas wells. stone, | timber and agricultural and other lands. and renting, selling, operating and dealing in the same, and the prod ucts thereof;
 2. The mining and reduction of minerals and metals, and the acquisi- ton of all necessary property thereto; The manufacturing, purchasing or otherwise acquiring of goods. wares and merchandise, and personal prop erty of every description, and buying and selling, dealing in and disposing of same.
 4. The acquiring. "by purchase or otherwise" of telegraph and telephone lines. railways and tramways of every description, canals and 6itches, cleo tric power plants. and to make use of these in any manner that may be deemed advisable by the board of di- rectors:
 5. This corporation may also issue warrants, bonds. debentures and other negotiable instruments, or otherwise secure the same, may pledge or hy POthicate the property, or earnings of the company, whenever in the judgment of the board of directors, il may seem proper, or necessary for tlse good of the company; 6. This corporation shall have ex- press power to hold, purchase, or otherwise acquire, and to sell, assign, transfer, mortgage, pledge or other wise dispose of bonds, debentures, or ether evidences of indebtedness. and the shares of capital stock of other corporations, and vote such ehares;
 :. This corporation shall have pow CT to make contracts, and to acquire and transfer property, possessing the same powers in respect thereto, as private individuals now enjoy. ARTICLE ". The corporation shall commence, at tue time of filing for record. it's Ar ticips of Incorporation, in the office Of Ine County Recorder. of CochiSe Cc-nty. Territory of Arizona, and the filing of a certified copy thereof, with ihe Secretary of the Territory of Ari- Zona. and it shall endure for twenty five C25) years thereafter. ARTICLE v. Section l. The capital stock of this corporation shall be Five Hundred Thousand Dollars (S50O, ,000OO) divided into One Hundred Thousand Shares (100,0O0D of the par value of Five Dollars each (s5.00) which said shares of capital stock shall be issued in such amounts and proportions as shall Ge determined by the Board of Directors, and as may be permitted by law. Section ?. The time when and t.e
 condition upon which said capital stock shall be paid in. shall be as fixed by the Board of Directors. and said Board may when it deems 1t to tc to the best interest of this CUrpor- | ation, issue said stock below par, or ! issue same in payment for property transferred to this company.
 Section 3. All the stock issued ss | above mentioned shall be non assess
 able.
 ARTICLE VI. Section l. The highest amount of | i,,.1 11I | iingent, to which this corporation shall
 Ee at anv time liable for. will in Ao
 t'2se exceed the sum of One Hundred Thousand Dollars ($1OO,O00.00). Section ?. The stockholders of this
 corporation ana their private property, shail be forever exempt from all HG-- | pOrate debts of the corporation. ARTICLE VII. | Section l. The affairs of this cor pCr1tInE Ghali be controlled and man.
 aged by Board of Five (5) Directors.
 i;Jiders.
 Section ?. Dercctors shall hold of
 flee for en CD year, or until their sue
 sessors are elected and qualified. | Section 3. Persons ceasing to be l stockholders, shall cease to be di-
 rsctors, or officers os thIs corporation.
 Section 4. The officers of this cor
 poration shall be president, vice-presi-
 dent. secretary and treasurer, who | shall be elected by the directors. | Section B. The directors shall have power to make, alter and amend by
 laws, and all needful rules for the gov
 ernment of this corporation, and the management Of its officers. Section 6. In the event of death, or
 resignation, of any Director of this Corporation, so that vacancy Is ere,
 ated, it may be filled by vote of the
 remsining Board of Directors. and the person SC elected, shall hold office
 until his successor is elected and qual flied.
 Section 7 Until the first annual
 election of directors, and uEtil theiI Isuccess0rs are elected and qualified
 the following named persons, shall be the directors of this corporation; {;