Daily Arizona silver belt., 1907-02-19

may be transacted necessary to the car. rying out of the purposes of this corpor- ation.
 ARTICLE II.
 The general nature of the business to be transacted is: To buy, sell, bond or mortgage mines and mining property, and to work, operate and maintain the same; to acquire, by proper conveyance, all real estate necessary for the pur- poses of its business, either in or out of the Territory of Arizona; the erection and maintenance of works, mills and smelters necessary for its purposes; to deal in merchandise of all sorts, and to engage in and carry on the business of treating, smelting and refining cop per and other ores and metals; to con struct all necessary buildings, roads and tramways for the carrying out of the purposes of this corporation; and, in general, to do and perform any and all acts and things necessary for and incidental to the objects aforesaid or in any wise connected herewith.
 ARIlCDE III.
 The capital stock of this corporation shall be One Million s1,O00, ,O00. .O0) Dollars, divided into one million 1,00O.- 000) shares of the par value of One Dollar ($l.00) each. Each share of stock, when issued, shall be first fully paid for in cash or its cash equivalent, and such shares of stock, when so is- sued, shall thereafter be non -assessable
 ARTICLE ".
 The time of the commencement of this corporation shall be the date upon which these Articles are filed in the office of the County Recorder of Gila County, Arizona, and copy thereof filed in the office of the Territorial Auditor of Arizona, and it's termination shall be twenty-five years from and af. ter tAc filings aforesaid.
 ARTICLE V.
 The affairs of this corporation shall be conducted by Board ,f five Direct l ors, elected annually ty and from among the stoekholders thereof The | first annual meeting oI the stockholders for this purpose and For the transaction of such other business as may properly | come before them shall be held on the first Monday of February, 1908, and thereafter on said date.
 The officers of this corporation shall consist of President, Vice .,resident, a Secretary and Treasurer, and a Gen eral Manager.
 Until such Board of Directors shall nave been elected, the following named persons, who shall become owners of shares of stock herein, before qualifying IS such, shall constitute the Board of Directors of this corporation: 3arl Eder H. A. Sidow Jacob Sutef
 c. w. Clement and c. w. Parsons md a majority of such Board shall have he power to call such meetings and transact such business as may be deem ,d necessary or expedient and adopt Bylaws.
 ARTICLE VT.
 The Board of Directors shall have ,ower to fill all vacancies in said Board IT in the offices of this corporation, and lntil their successors are elected and qualified, such Board and such Officers Ire hereby empowered and authorized o do any and all things necessary to he proper conduct of the affairs of this 
 ARTICLE VII
 The highest amount of indebtedness 1T liability to which this corporation nay at any time subject itself shall 'e and hereby is fixed at the sum of fifty Thousand ($5O,OOO.00) Dollars.
 ARTICLE VIII.
 The private property of the stock olders of this corporation shall be for yer exempt from liability for the Iebts thereof. In Witness Whereof, we have here nto set our hands this 18th day of Jan Iary. A. ID. 1907.