Bisbee daily review., 1906-07-08

10 buy and sell both at wholesale and retail, me rchandise of every nature and description; to buy. sell and gen erally deal in both at wholesale and retail vehicles and machinery of ev- cry nature and description; to engage iE and carry on general blacksmith ing and repair business, and to nlanu- facture and repair vehicles and ma chinery of all kinds; to engage in and conduct generally a hauling, freight ing and transfer business, and to enter into contracts to do frelghting by teams and otherwise; to own, sell and construct warehouses, and to carry on general warehouse and storage busi- ness; to buy and sell live stock and to generally deal in the same, to ac- quire. own, sell and deal in personal property Of every nature anddescrip- tion to acquire by purchase or other wise, and to locate, own and lease lands and real estate of every nature and description, and to self the stock of this corporation, and to purchase. own, acquire and deaN in the same and in the stock of other corporations in every manner, and to sell, transfer and exchange he stock. of this corpor- atfon for personal and real property ard for different classes of business and the good will thereof; to sell, transfer, pledge, mortgage or other wise convey and dispose of any and all of the lands and other property rights and privileges herein men toned, both real and personal and generally to dO any and all business. acts and things incident to the things oFr 4- h. fnx.- of the Territory of Arizona.
 Article V. The amount of the cap ital stock of tl'is corporation shall be One Hundred Thousand ($100, ,000.o0) Dollars, divided into One Thousand Shares of the par value of One Hun dred (Sl00.00) Dollars each; the time wien and the conditions upon which said capital stock shall be issued shall be a5 fixed by the Board of Directors: and capital stock to be issued only as fully paid and inaccessible; in the discretion of the Board of Direct ors and n the absence of actual fraud, said capital stock may be issued as fully paid in exchange for property, both real and personal and for differ ent classes and kinds of business and the good will thereof, conveyed or transferred to said corporation.
 Article V. The existence of this corporation shall begin immediately after the recording of these articles of incorporation in the office of the County Recorder of said Cochise Coun- ty, Arizona, and the filing of certi fled copy thercof in the office of the Territorial Au'Itor. of said Territory, hrI rnrind nf Twenty-Five (25l years thereafter.
 Article VI. The affairs of this cGr- poration shall be conducted by a Board of Directors consisting of not less than four persons, who shall be shareholders of the stock of this cor poration.
 The first dir ctors of this corpora ton shall be E. B. Mason, Abbie NJ. Mason, Mary O. Spykes and Fl. P. Hud- dleston, who shall hold office until the election and qualification of their | successors at th2 first annual meeting of the stockholders. which annual | meeting shall bc held each year on the first Tuesday i1 April at Two (2) | o'clock D. m. at the office of said com pany in said town of Bisbee.
 . The Board Of Directors shall have 1 power to fill any vacancy in their num- Der at any time.
 The officers or this corpora tion shall be q President, Vice President, Secre- | tary and Trea~urer and such other minor officers as the Board of Direct ors may from time to time deem it expedient to have.
 More than one of said above men, | ticned offices may be held by one and the same person.
 - Article VII. The President. Vice President, Secretary and Treasurer, | for the first term and until their sue | cessors are elected and qualified, shall | be elected by the above named Board i of Directors from their number at 1 their first meeting after the legal or ganization of this corporation, and | thereafter such officers shall be elect | ed annually by the Board of Directors from their own number at their first meeting following the annual election Of such Board.
 Article VIII. The highest amount of indebtedness or liability to which this corporation IS at any time to be subject, shall not exceed SiXty-siz nOuSaHd NSOO-VVU.OVl DoIdIs.
 Article K The Board of Directors shall adopt Bylaws for this corpora ton. which may be repealed or amend ed at any time by said Board, or by g two-thirds vote of the stock at a regu lar stockholders E'oeting.
 Article x. The private property oi the stockholders and officers of this 1 cOrporafiOn shall be exempt from al
 liability for the corporate debts of thi:
 corporation.
 IN WITNESS WHEREOF, we have hereunto set our hands and seals thi!
 23rd day of May. 1906.
 E. B. MASON, (SEAL.)
 ABBIE M. MASON, (SEAL.}
 MARY O. SYKES. (SEAL.)
 r D uITDDI EST0N (SEAI,1