Bisbee daily review., 1906-03-10

crushing works, hydraulic works, cleo tric works, factories, warehouses and other works and conveniences which
 may seem directly and indirectly con duciye to any of the objects of the Company. and to contribute to, sub sidiZe, or otherwise aid or partake in any such operations, to buy sell CT otherwise dispose of the capital stock of this or any other corporation and
 generally to do any and all acts and things and transact any and all other business incidental to the purposes aforesaid and not contrary to the laws of the Territory of Arizona or of the United States of America.
 ". That the amount of the capital stock of the said Corporation shall be Two Hundred Thousand Dollars, divided into twenty thousand shares
 of a par value of Ten Dollars each payable in money, property, labor or |any other valuable right or thing. and the judgement of the Board oi Directors as to the value thereof shall be conclusive; and furthermore that the payments on such stock shall oe
 subject to call by the Board of Di
 rectors.
 V. That the time of commence ment of said Corporation shall be immediately on filing these article with the Recorder of the County of COchise, Arizona, and the Auditor Oi
 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. That the affairs of said Cor. opration shall be conducted by a
 Board of Five Directors, who shall be stockholders of the Corporation and
 shall be elected at the annual meeting
 of the Corporation on the second Wednesday of March. 1907. and or the same date each year thereafter that all stockholders and directors meetings may be held at either Oi its general or principal offices, or places of business as designated in Article II, of these Articles of In corporation; that the officers of said Corporation, shall be a president anC yice-president, both to be elected 0y the Board of Directors from their own 2
 such other officers as the Board oi Directors may deem necessary, who
 may be chosen from among the stock holders. The members of the Board of Directors for the surrent year and until their successors are chosen and | qualified are:-John R. Ryan, Frank
 Schumacher Dominick Kemp and Pau P. Roehm of Calumet, Michigan, and George Bernardo of the City of Bis bee. Territory of Arizona.
 VII. That the said COrporation is
 not at any time to subject itself 10
 greater liability than One Hundryt Thousand Dollars except upon Jhe written consent of the holders of one half of the capital stock outstanding at the time the obligation is incurred and in no case shall such indebtedness eb incurred to an amount exceeding two-uhirds of the outstanding capita! stock.
 VIII. That the private property of
 the stockholders of said corporation shall be emempt from liability for corporate debts.
 IN WITNESS WHEREOF, we have hereinto set our hands and seals this 14th day of February, A. D. 1906. =. (Seal.) FRANK. H. SHUMAkER, (Seal.) JOHN R. RYAN,
 CSealD DOMINICK KEMP. (SealD PAUL P. ROEHM CSealD GEORGE BERNARDO. State of Michigan. County of Hough
 ton, ss.
 Before me, Samuel Jeffrey. no tary public in and for the County O | Houghton, State of Michigan, on thi:
 day personally appeared John R Ryan, Frank Schumaker, Dominich Kemp. Paula P. Roehm and George
 Bernardo known to me to be the per | sons whose names are subscribed U the foregoing instrument and acknowl | edged to me that they executed th' same for the purpose and considera
 ton therein expresser.
 Given under my hand and seal o office this 14th day of February 4
 D. 1906.
 SAMUEL JEFFREY, Notary Public
 My commission expires DecenbeI
 Fist, 1909.
 Filed in the office of the County
 Recorder of Cochise County, Arizona | II a. ID. Book Interpretations. Page
 5S2-5S4, February 26th. A. D. 1906