Bisbee daily review., 1906-03-31

: "A'S oidhSh OiIiceS dt any olfler pldCt or places, and may have it's works and property. and do and transact busi ness at such place. as it may deem convenient, or profitable, and its dl. rectors may meet, and transact busi. ress 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 10 he transacted by this cor, poratien is:
 l. The acquiring of mines. mill sites. smeiter sites. water locations and privileges, oil and gas wells. stoae. 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 end 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 ditches, cleo triC power plants. and to make use of these in any manner that may be deemed advisable by the board of di- rCctors:
 ,. This corporation may also issue warrants. bonds, debentures and other negotiable instruments, or ortherwise secure the same, may pledge or hy- pOthicate the property. or earnings of the company, whenever in the judgment of the board of directors. it may seem proper. or necessary for the good of the company;
 G. This corporation shall have eX- press power to hold. purchase. or otherwise acquire. and te self. assign, transfer. mortgage. pledge or other wise dispose of bonds. debentures, or OtEer 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 the time of filing for record. its Ar ucies of Incorporation. in the office of the County Recorder. of Cochise CO-nty. Territory of Arizona. and the filing of a certified copy. thereof. with the Secretary of the Territory of Ari- Zona. and it shall endure for twenty five (25) years thereafter.
 ARTICLE v.
 Section l. The capital stock of this corporation shall be Five Hundred Thousand Dollars ($500. 900 00D divided into One Hundred Thousand Shares 100000 of the par value of Five Dollars each (s5.00) which said shares of capital stock shall be issued in such determined d by the Board of Directors, and as may be permitted by law.
 Section ?. The time when and ti-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 il deems it 10 |" 70 the best interest of this CUrpOr- atlon, issue said stock below par, or issue s4IDe in payment for property transferred to this company.
 Section ;. All the stock issued aS above mentioned shall be non asscsS able.
 ARTICLE VI.
 Section 1. The highest amount of indebtedness or liability direct or con- Iipgent. to which this corporation shall bc at any time liable for, will in no ease exceed the sum of One Hundred Thousand Dollars (s10O e0.00).
 Section ?. The stockholders of this cor OUration and their private property. shail be forever exempt from all HC-- porIte debts of the corporation.
 ARTICLE VII.
 Section l. The affairs of this cor por1uoE shall be controlled and man aged by Board Of Five (5D Directors, elected by. and from among the stock hoiders.
 Section 2. Dercctors shall hold of flee for en (lB year. or until their sue sesSors sEe elected and qualified.
 Section 2. Persons cea5ing to be stockholders, shall cease to be di- rectors. or officers of 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 5. The directors shall nave power to make, alter and amend by laws. and all needful rules for the gov ernment Of this corporation, and the Of Its officers.
 Section C. In the event of death. or resignation, of any Director of this corporation, so that a vacancy is ere ated, it may be filled by vote of the Board of Directors. and the Derson SC elected, stall hold office until his successor is elected and qual- flied.
 Section '. Until the first annual election of directors. and uEtil their successors are elected and qualified. the following named persons. shall be