Bisbee daily review., 1906-06-22

may be acquired by the company, and to sell and otherwise dispose of the lands, mines, or other property of the company; to buy, sell, manufacture and deal in minerals, plant, machinery, implements, conveniences, provisions and things capable of being used in connection with mining operations, or required by workmen or others em- ployed by the company; to construct, carry out, improve, manage, work, contract and superintend any roads, ways railways, bridges, reservoirs, water courses, aqueducts, wharyes, furnaces, mills, crushing works, hy- draulic works, electric works, facto- ries, warehouses, and other works and conyeniences which may seem directly or indirectly conducive to any of the objects of the company, and to contri- bute to or subsidiZe, or otherwise aid or partake in such operations; to buy, sell or otherwise dispose of the capital stock of this or any other corporation, and generally to do all acts and things, and transact all other business incl dental to the purposes aforesaid and not contrary to the laws of the Terri tory of Arizona, or of the United States of America.
 ".
 That the amount of the capital stock of said corporation shall be Three Hundred Thousand (300, 0,000.00) Dol lars, divided into One Hundred Thou sand 100, ,000) shares, of the par value of Three Dollars ($3.00) each, payable in cash, on call of the Board of Di- rectors.
 V.
 That the time of the commencement of said corporation shall be immedi- ately on filing these Articles with the Recorder of the County of Cochise, Territory of Arizona, and the Auditor of the Territory of Arizona, and such existence shall continue for a period of twenty-five years from and after the date of said filing.
 VI.
 The affairs of the said corporation shall be conducted by a Board of seven Directors, who shall be stock. holders of the corporation. and shall be elected at the annual meeting of the corporation on the second Monday in May in each year, and the officers of said corporation shall be a presi. dent and vice-president, both of which shall be elected by the Board of Di- rectors from their own number; a sec retary, a treasurer, and such officers as the Board of Directors may deem necessary, who may be chosen from among the stockholders. The mem. bers of the Board of Directors for the current year, and until their success, ssors are chosen and qualified, are: Edmund D. Brigham, Andrew c. Mur, dough, Alexander D. Mast, Daniel J Johnston, of Chicago, Illinois: David A. Rees, George W. MacMullin, and Edward C. Sattley, of Pittsburg, Penn sylvania.
 That the said corporation shall not at any time subject itself to greater liability than Fifty Thousand ($5O, 100000 Dollars, except upon the writ ten consent of the holders of one-hali of the capital stock outstanding at the time the obligation Is incurred, and ir no case shall such indebtedness be in cured to an amount exceeding two | thirds of the outstanding capita stock.
 VIII.
 That the Board of Directors shal have power to adopt, alter and amend the Bylaws of the corporation. TX.
 That the private property of thu stockholders of said corporation shal be exempt from liability for corporate | debts.
 IN WITNESS WHEREOF we have hereunto set our hands and seals, thi 9th day of June, A. D. 1906. J. NJ. O'CONNELL (SeaD