Bisbee daily review., 1907-06-07
THE BsBEE MORNING. 1907


 of the said County Recorder, shall | be filed for record with the Territorial Auditor of the Territory of Arizona, and the time of It's termination shaii 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- 1 cipal place of bushes of this corpora tiOn, at Bisbee. in Cochise County, l 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 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 the 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 or 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 of the said stockholders.
 (c) The officers of this corpora. ton shall be a president, vice-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.
 (dl The officers of this corpora tion shall be lected by the Board of bIItGtOIS dL llSiI LlESI HlCGLluS lDl' 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 herelnabove provided.
 (e) Every director sEall be stock. hn1l in a Cnh h CT to it's stock, and if director ceases to be a stuekhUlder bis office shall be declared, by the remaining directors to be vacant. ..--.
 (f) 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 (s130,0 100000.
 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. (SeaD Territory Of Arizona, County of Pima, ss.
 Before me. Francis NJ Hartman, a 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 they 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.
 CseaI) FRANCIS M. HARTMAN,
 Notary Public