Bisbee daily review., 1907-04-05

business of said corporation shall be transacted is the City of Bisbee, Co- chise County. Territory of Arizona. and said corporation may have such branch offices either within or with out the Territory of Arizona, as may be established by the Board of Di- rectors.
 ARTICLE II.
 The general nature of the business proposed to be transacted by this cor. poration is as follows:
 To buy, sell. lease. mortgage and in every way deal in real estate; to buy, sell, lease, hire, mortgage, pledge and hypothecate and in every way deal in personal property of every de scription; to erect and construct buildings of all kinds, either for this or for other persons: to locate. buy, sell, bond, take options on, mortgage and in any manner ae- quire, dispose of and deal in mines, mining claims, and everything per taining thereto. water and water rights, tunnel and mill-sites: to work and operate mines; to reduce, treat and smelt ores and minerals; to buy sell, mortgage, pledge, hypothecate, and in every way deal in the stock, bonds. and evidence of indebtedness of this and any other corporation, public or private.
 To carry on and engage in any mer. cantile business, and in buying, sell ing and dealing in goods. wares and of every kind, both at and retail
 To engage in the business of brok. CT and agent for buying, selling. leas- ing, and dealing in real estate and personal property of every kind, stock, bonds warrants, evidences of of corporations, public and private, on commission or other wise, and collecting rents.
 To act as trustee for any purpose 
 To construct. equip, and operate telegraph. telephone line water pipe lines and distributing systems, gas and electric lines and systems and acquire and own franchises therefor
 To borrow money and execute as security therefor notes, bonds, mort gages, deeds of trust of real estate, and mortgage. pledge and hypothecate personal property.
 To loan money with or without se- curity and take as security therefor notes, bonds, mortgages and pledges of personal property.
 To vote the stock of any corpora tion, owned by it, at any meeting at which the same may be voted, and appoint proxies therefor.
 To appoint agents for any purpose whatsoever.
 Generally to have and exercise the same powers and privileges as pri- yate individuals now enjoy.
 ARTICLE III.
 The authorized amount of capital stock of this corporation shall be One Hundred Thousand Dollars, divi- ded into one thousand shares of One Hundred Dollars each. At such time as the Board of Directors may by resolution direct, said capital stock of this corporation shall De paid inte this corporation, either in cash, or by the sale and transfer to 1t of real or personal property, on a contract or contracts therefor, for the use and purposes of said corpora ton, in payment for which shares of the capital stock of said corporation shall be issued, and the capital stock so issued shall thereupon and there by become and be fully paid up and non-assessable, and the judgment of the directors as to the value of the purchased shall be conclu- siye.
 ARTICLE ".
 The time of the commencement of this corporation shall be the date of filing these Articles of Incorporation in the office of the Auditor of the Territory of Arizona, and the termina- tion thereof shall be, twenty-five years 
 ARTICLE Y.
 The affairs of this corporation shall be conducted by a board, of three directors and the following named shall constitute such board until their are elected: W. w. Anthony E. Downs and J. J. Walsh and the officers of said cor poration shall be President, Vice President and Secretary and Treasur- CT, and such subordinate officers and agents as the Board of Directors shall Until their successors are elected the President shall be W w. the Vice President, J. J. Walsh; and the Secretary aud Treas urer, Anthony E. Downs; the Board of Directors shall be elected from among the stockholders at the annual to be held on the first Tues day after the first day of January of each year, and each board of direc- tors shall immediately after it's cleo ton, elect from among the directors, the President, Vice-President and Sec retary and Treasurer. One person may hold two offices.
 ARTICLE VI.
 The highest amount of indebtedness or liability, direct or indirect or con tingent to which this corporation is at any time subject, shall be Fifty Thousand Dollars, which amount does not exceed two-thirds the capital stock.
 ARTICLE VII.
 The private property of the stock holders of this corporation shall be exempt from corporate debts of any kind whatsoever.
 In witness whereof, we have here unto set our hands and seals this 18th day of March, 1907.
 W. ". wHALEY (Seal.)
 J. J. WALSH (SeaLJ ,
 A E. DOWNS lSeall