Bisbee daily review., 1907-06-11
THE BlsBEE DAILY REVIEW BsBEE ARIZONA MORNING

Auditor of the Territory of Arizona. and the time of its termination shall be twenty-five years thereafter.
 ARTICLE V.
 (a) The affairs of this corporation shall be conducted by board of five directors, who shall be elected by the holders of the common stock at their annual meeting to be held at the prin- cipal place of bushes of this corpora tion. 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 subcribers to its capital stock shall, in person or by proxy, meet at the office of the said company at the said Bisbee, and elect directors to hold their office un til tine second Tuesday in April, 1907 and until their successors are elected and qualified. At each election by said subscribers. each share of stock subscribed 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 oI amendment of the said bylaws, the stockholders shall have the right to amend or repeal any provision of the bylaws made by the Board of Direct ors since the last regular meeting oi the said stockholders.
 (c) The officers of this corpora tion shall be a president, yice-presi dent, 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 to perform the duties of the secretary or such of the said duties as the Board of Directors from time to time pre- scribe. The Board of Directors shall have the power to consolidate the duties of the offices of secretary and treasurer whenever they deem it ad visable so to do. ..
 (d) The officers of this corpora ton shall be lected by the Board oi Directors at their first meeting fol lowing their own election in each year The officers of this corporation, from its 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 as hereinabove provided.
 (e) Every director shall be a stock hnN ss1 h,n nrTh hnn nrih CT to it's stock, and If director ceases to be a stuckholder his office shall be declared, by the remaining directors to be vacant.
 (D The Board of Directors shall have power at any time to fill yacan cies therein, and shall also have power at any time to fill vacancies in the offices of this corporation. ARTICLE VI.
 The highest amount of indebtedness or liability to which this corporation is at any time to subject itself is the sum of one Hundred and Thirty Thou sand Dollars (S130.000.00J.
 ARTICLE VII.
 l The stockholders and their private 1 property shall be exempt from tht corporate debts, and from all Habilitl therefor.
 ! IN WITNESS WHEREOF, we hay' hereunto set our hands and seals, thi | 18th day of March. 1907.
 FRANK H. HEREFORD, (Seal) /, JAMES SUNSEATH, (SeaD Territory of Arizona. County of ! Pima, ss.
 Before me. Francis NJ. Hartman, / Notary Public in and for the Count and Territory aforesaid, on this da
 personally appeared Frank H. HerE
 ford and James Dunseath, known t
 me to be the persons whose names ar
 subscribed to the foregoing instrI
 ment, and acknowledged to me tha
 they executed the said instrument to