Bisbee daily review., 1907-07-30

ors shall be elected at the second an- nual meeting of shareholders, to be held on the second Monday in March 1909; and at each annual meeting of shareholders, which shall be held on the second Monday in March each year thereafter, five and four direct ors shall be elected alternately.
 The officers of this corporation shall be a President and a Vice-Presi- dent, who shall be chosen from the Board of Directors; Secretary, Treasurer and a Solicitor, who may or may not be chosen from the Board of Directors. and such other officers as may be deemed necessary to as | sist in conducting the business of the corporation. All officers shall be elected by the Board of Directors and shall be shareholders in this corpora tion. No officer shall receive any compensation except such as may be prescribed by the Bylaws. The following named persons shall constitute the first Board of Direct ors, viz: NJ. J. Cunningham. George E<BuxtOn, L. c. Shattuck, Jacob Schmid, c. w. Moon, Charles Holz, A. T. SowIe, Joseph E. Curry and c. L. CaYen. Immediately after filing these articles as required by law said | directors shall meet at some cOnVen- tent time and place and complete the I organization of this corporation by electing officers to serve until the ! first annual meeting, adopt bylaws, provide for a corporate seal and pre- scribe form of certificate, and | transact such other business as may properly come before such meeting. The first four directors above named shall hold office until the sec ond annual meeting, or until their successors are elected and qualified, and the last five directors above named, shall hold office until the first annual meeting or until their success 1 ors are elected and qualified, and thereafter the directors elected at the annual meetings shall serve for a term of one year or until their suc- cessors are. elected and qualified. VI.
 The highest amount of indebted ness or liability to which this corpor- ation is at any time to subject itself is three hundred thousand dollars Cs9OO, ,OOO.OO).
 The private property of sharehold- CTS of this corporation shall be for ever exempt from it's corporate debts. IN WITNESS WHEREOF, we have hcreunto set our hands this 26th day of July. 1907.
 l.. c. SHATTUCK, JAKOB SCHMID, M. J. CUNNINGHAM,
 A. T. SOWLE.
 GEORE BUXTON, CHARLES H. HOLZ.
 JOSEPH E. CURRY, c. w. MOON.
 Territory of Arizona, County of Co chise, ss.
 Before me. w. K. Flora, a Notary Public in and for the County of Co., chise, Territory of Arizona, on this day personally appeared M J. Gun ningham, George Buxton, L c. Shat tuck, Jakob Schmid, c. W. Moon, Charles H. Holz, A. T. Sowle and Jo- seph E. Curry, known to me to be the persons whose names are subscribed to the foregoing instrument. and, each for himself and not one for the other, acknowledged to me that he executed the same for the purpose and consideration therein expressed.
 Given under my hand and seal of office this 26th day of July, 1907, and certify that my commission expires the Srd day of July. 1911. (Seal.) w. K FLORA,
 Notary Public
 Filed and recorded at request of w K. Flora, July 27. 1907 at g a. m. in Book 4 Interpretations, Pages 527-53o inc.
 c. A. MCDONALD.
 County Recorder