Bisbee daily review., 1907-06-08
THE BsBEE ssEE ARIZONA sAURD MORNING. 1so


 of the said County Recorder, shall be filed for record with the Territorial Auditor of the Territory of Arizona, 1 and the time of its termination shall be twenty-five years thereafter.
 ARTICLE V. fa) The affairs of this corporation shall be conducted by board of five 1 directors, who shall be elected by the holders of the common stock at their annual meeting to be held at the prin- l cipal place of bushes of this corpora ton, at Bisbee, in Cochise County, Arizona, on the second Tuesday in April. 1907, and on the second Tues day in April of each year thereafter, and who shall hold office for one year, and until their successors are elected and qualified. Within three weeks after the time of the commencement of this corporation, the subscribers to it's capital stock shall, in person or by proxy, meet at the office of the said company at the said Bisbee. and eleet directors to hold their office un- til the second Tuesday in April, 1907, and until their successors are elected and qualified. At each election by said subscribers. each share of stock absorbed for shall be entitled to one vote.
 (b) The Board of Directors may adopt bylaws, and from time to time amend the same, provided that at the first meeting after the adoption or amendment Of the said bylaws. ths stockholders shall have the right to amend or repeal any provision of the hKrIa 1a CTS since the last regular meeting of the said stockholders.
 (c) The officers of this corpora. ten shall be a president, vice-presi., lent, secretary and treasurer. and such minor offices as the Board Of Directors shall have the power to create. The Board of Directors shall have the power to create the office of assistant secretary. with power tC perform the duties of the secretary or such of the said duties as the Board 0f Directors from time to time pre- scribe. The Board of Directors shall nave the power to consolidate the iuties of the offices of secretary and treasurer whenever they deem it ad Visable so to do.
 (d) The officers of this corpora.
  Directors at their first meeting fol lowing their own election in each year The officers of this corporation, from .ts organization until the second Tues day in April. 1907, and until their successors are elected and qualified shall be those elected by the Board of Directors elected by the subscribers IS hereinabove provided.
 (eD Every director shall be a stock holder in the company, ur a subscrib CT to it's stock, and if a director ceases to be a stDckhUlder his office shall be 'deciared. by the remaining directors to be vacant. (O The Board of Directors shall have power at any time to fili vacan. cies therein. and shall also have power at any time to fill vacancies in the offices of this corporation. ARTICLE w. The highest amount of indebtedness or liability to which tnis corporation is at any time to subject itself is the sum of one Hundred and Thirty Thou sand Dollars (s130. 0.000.00).
 ARTICLE VII. ' The stockholders and their private property shall be exempt from the corporate debts. and from all liability therefor.
 IN WITNESS WHEREOF. we have hereunto set our hands and seals, this 18th day of March, 1907.
 FRANK H. HEREFORD. (SeaD
 JAMES SUNSEATH. (Seall
 Territory of Arizoaa. County of Pima, ss.
 Before me. Francis NJ. Hartman, q Notary Public in and for the County and Territory aforesaid, on this day personally appeared Frank H. Here ford and James Dunseath, known to me to be the persons whose names are subscribed to the foregoing instru- ment, and acknowledged to me that hey executed the said instrument for the purposes and consideration there in expressed.
 Given under my hand and seal of office, this 18th day of March. 1907. My commission expires January 10, 1911.
 (SealD FRANCIS N. HARTMAN,
 Notary Public