Bisbee daily review., 1906-10-10


 |. Dollars (s3,000, ,0O0) divided into Six
 Hundred Thousand shares of the par value of Five Dollars ($5) each. These
 shares, when issued, shall be fully paid and non-assessable. Said capital stock or any part thereof, may be sold for cash, or may be issued in payment for property, services, rights or inter- ests purchased or otherwise acquired by said corporation, upon such terms as the Board of Directors may deter n inc.
 "Sixth-The management and con trol of the corporations business and affairs and property shall be vested in and conducted by a Board of Direc- tors; consisting of not less than three (3) or not more than fifteen t15) di- IIectors, who shall be selected eat h year from the share holders at the reg ular annual meeting. as the bylaws may direct: .hey shall hold office fer one year, and until their successors are elected.
 | That until the ensuing annual meet | irg of the stockholders, the Board of Directors shall consist of as many di- iectors, not less than three (3) nor rlore thar fifteen ,15) as the present Roard of Directors may designate. ana the present Board Of Directors shall have the power to elect the persons to constitute the Board of Directors un- iii the ensuing annual meeting, and until the successors are elected and qualified.
 "Tenth-The Board of Directors are authorized to establish bylaws and 10 alter and amend same, and said Board of Directors arc empowered by Tcso- lLtions passed by a majority of tho whole Beard, to designate three or more directors 10 constitute an Exec rtive Committee. which committee 10 1 tie extent provided for in he bylaws Of the corporation shall have and n" - execute the powers of the Board of Di- rectors in the management or the push ness and affairs of the company, and 1 shall have power to authorize the seal 1 Of the corporation to be affixed to all pcpers which may require it, and said Executive Committee may act by the written consent of all of it's members, although not formally conv1Ee:; and said Board of Directors are authoriz- ed to make all rules and regulations deemed expedient and necessary for the management and control of the business affairs of the corporation, and l not inconsistent with these Articles or Incorporation, the laws of the Territo- " of Arizona. and the laws and consti- tuition of the United States of America. A majority of the Directors shall con | stitute a Ho-um for the transaction of any business and affairs of the co-por- | afion. The private property of the | shareholders and members of this cor Uoration shall be exempt from any and | all liabilities or corporate debts of the corporation, and each and every one | of the members and shareholders of the corDoratinn present and future, and their private prcpertv. are hereby C, empt from liability for corporate | debts of the corporation
 'Fourih-That the general nature | of the business to be transacted by the sad corporation is: To locate, pur- clase. lease. hold. work. develop. SC nortgags and disDnse of mines a1T ! mineral lands. mill sites. timber lands and ranches electric light plants, 1 foundries and power plants, wa | ter and water rights. ditches and ac- 1 0ueducts, wagon roads, railroads and | trarlways. sailing vessels and steam CTS, leading from it's principal works | to existing hishways railroads, navi- I gable streams and seaports. franchises machinery and apparatus. stamp mills, | smelters end refineries and processes. and to maintain, use and operate the l same for mining. extracting, milling. reducing. refining and otherwise dis posing of ores for the recovery of gold. silver. copper and other metals and mineral oils. Also to own. sell pur- | chase. mortgage and otherwise to ac- nuire and dispose of real estate. mort gages. shares. stock debentures. se- curities. concessions and other proper ty including tCwnsites. and to mine, eX- tract, reduce and smelt. refine and Itreat ship and handle ores and oil for i.self and custom. Also to own and hold the stock of other corporations. and to have power to purchase. hold and reissue the shares of its own cap itaI stock Also to deal in merchan- disc, to create indebtedness and exc cute DroRnissory notes, and other evi- dences of indebtedness, and to secure 'he payment thereof. and to pay the same in capital stock or money or oth- erwise. it being provided that the high est amount of indebtedness and Gabil- ity shall not at any time. exceed in the aggresate, the sum If Five hunIred Thousand Dollars (s500,000 ana to do and perform any and all acts nee Iessary to be done. for the purposes aforesaid, wherever and wherever deemed advisable by the Board of Di- rectors of said corporation. within said Territory, within the United States and Republic Of Mexico"
 That the president and secretary of said corporation be directed to take all such proceedings as may be necessary to carry out the provisions of this res lolution, and in conformity with the laws of the Territory of Arizona"
 NOW, THEREFORE, pursuant to said Resolution. notice is hereus gwen that Articles Third, Sixth and Tenth of the original Articles of Incorpora- ton of Arizpe Mining Company, and article Fourth of the amended Arti- cles of Incorporation of the AriZpe
 Mining Company. as the same appear of record In the office of @t.a ID # C0odfoa COz,Dfx-