Bisbee daily review., 1906-10-11

from the shareholders at the regular apnual eeting. as the bylaws may direct; they shall hold office for one year and until their successors are elected. That until the ensuing an- nual meeting os the stockholders, the Board of Directors shall consist of as many directors, not less than three t3) nor more than fifteen Q5) as the pres ent Board of Directors may designate, and the present Board of Directors shall have the power to designate the persons to constitute the Board of Di- rectors until the ensuing annual meet irg, and until their successors are elected and qualified
 "Tenth-The Board of Directors are authorized to establish bylaws aud to alter and amend same, and said Board of Directors are empowered by reso- litions passed by majority of the whole Board, to designate three or ore directors to constitute an execu- tive committee, which committee, to the extent provided for in the bylaws of the corporation, shall have and may execute the powers of the Board of Directors in the management or the business and affairs of the company and shall have power to authorize the seal of the corporation to be affixed to all papers which may require it, and said Executive Committee may act by the written consent of all its mem bers, although not formally convened, and said Board of Directoys are au- thorized to make all rules and regula- tions deemed expedient and necessa- " for the management and control of the business affairs of the corporation, and for the control of tie officers thereof, not inconsistent with these Ar tlcles of Incorporation, the laws of the Territory of Arizona and the laws and constitution of the Unltel States of America. A maorify Of tho direc- tors shall constitute a JuDri:m for tbe transaction of any business. and af- fairs of the corporation. The pri- vate property of the shareholders and members of this corporation shall be exempt from any and all liabilities or corporate debts of the corporation, and each and every one of the mem bers and shareholders of the corpo- ration, present and future, and their private property are hereby exempt from liability for corporate debts of the corporation.
 Fourth-That the general nature of the business to be transacted by the said corporation is: To locate, pur- chase, lease, hold, work, develop. sell, mortgage and dispose of mines and mineral lands, mill sites, timber lands and ranches, electric light plants, foun- Cries and power plants, water and wa ter rights, ditcheS and acqueducts, wagon roads, railroads and tramways sailing vessels and steamers, leading from its principal works to existing highways, railroads, navigable streams ar 1 seapoTts, franchises, machinery and apparatus, stamp mills, smelters. retinerics and processes, and to main- tain, use, operate the sane for mining, extracting, milling, reducing, refining and otherwise disposing of ores for the recovery of gold. silver, copper and ether metals, and mineral oils. Also tC own, sell, purchase, mortgage ana otherwise 10 acquire and dispose of real estate, mortgages, shares. stock, debentures, securities, concessions and other property, including townsites, and to mine, extract, reduce and smelt, refine and treat. ship and handle ores and oil for itself and custom Also to hold and own the stock of other corporations, and to have power to purchase, hold and reissue the shares of it's own capital stock. Also to deal ill merchandise, to create indebted ness and to secure the payment there. of, and to pay the same in capital stock, or money or otherwise, it being provided that the highest amount of indebtedness and liability shall not at any time exceed in the aggregate the sum of Five Hundred Thousand Dol lars ($500,000D and to do and perform any and all acts necessary to be done for the purposes oforesaid, whenever and wherever deemed advisable by the Beard of Directors of said corporation, within said Territory, within the Unit eG States and the Republic of Mexico"
 J. P. HALLIHAN, President of Arizpe Mining Company.
 Attest:
 G. D. CASH.
 Secretary of ATizpe Mining Company.
 We hereby certify that the above ard foregoing is true and correc, copy of the resolution passed, and the proceedings had, a. the special meet ing of Arizpe Mining Company, held al the office of E. E. Ellinwood. in Bis bee. Arizona Territory, on the first day of September, 1906.
 J. P. HALLIHAN, President of Arizpe Mining Company
 Attest:
 c. D. CASH,
 Secretary cf Arizpe Mining Company.
 State of Texas, County of Fl Paso ss.
 On this day, before me, Joseph H. McBroom, Notary Public in ard for the County of Fl Paso, State of Texas. reasonably appear J. P. Hf llifan and C D. Casn. known 10 me to be the I ersons whose names are subscribed to the foregoing instrument, and LIown to me to be the president and se cretary of tie ATizpe Mining Com- rsny, respectively, and each acknowl- edged to ne lat he executed the sane for the purpose and consideration therein expressed, and as the free act and deed of said Arizpe Mining com rany. and by each of them voluntarily executed.
 IN WITNESS WHEREOF, I have tereunto set my hand and affixed my official seal this, 24th day of Septem- Der. 1906.
 tSeal.) JOSEPH H. M'BROOM,
 Duh1i<.