Bisbee daily review., 1908-12-06

proposed to be transacted and carried on by this corporation is as follows: In general to engage in and carry on the business of mining, refining, smelt- ing and manufacturing any and all kinds of ores, minerals Snd metals. To purchase, locate and otherwise ac- quire, hold and own mineral lands, mines, mining claims and mining properties; to explore for, to mine and remove; to purchase and to smelt, mill. refine and otherwise treat any l and all kinds of ores, metals, m ner als.
 To sell, convey, lease, mortgage hy-I pothecate or otherwise dispose of, at one time, or from time to time. the whole or part or parts of the property of this corporation, real, personal or mixed, and generally to do all such other acts and things necessary to carry on and transact the aforesaid business.
 Article III.
 The amount of capital stock of this corporation shall be Five Hundred Thousand dollars ($500,O00) divided into Five Hundred Thousand shares (500,000) of the par value of one dol lar each. The capital stock of the company shall be issued at such times and upon such conditions as shall be prescribed by the board of directors, shares of the same may be issued full paid and non-assesE able and other shares thereof part paid and assessabie, for the balance of the par value thereof in the discretion of the board of directors.
 Article w.
 The time when this corporation shall commence shall be the date when a copy of these articles, certified by the recorder of Cochise county, Ari- zona, shall be filed for record with the territorial auditor of the Territory of Arizona, and the time of it's terml- nation shall be twenty-five years.
 Article V.
 The annual meeting of the stock holders of this corporation shall be held at the office of the corporation at Bisbee, Arizona, on the third Monday of January each year at two o'clock in . the afternoon.
 . The affairs of this corporation shall be conducted by board of nine (9) directors, who shall be stockholders, until the first annual meeting of the stockholders and until their successors shall be elected and qualified.
 A. T. Hoy.
 E. A. Tovrea.
 ". J. MacGregor.
 c. NJ Holmes A. T. Rose.
 J. l.. Silverthorn. G. K. Reynolds. W. H. Kingston. w. E. Tester.
 All of Bisbee, Cochise County, Ter r'tory of Arizona, shall compose the board of director sof this company. Al : the first, and each succeeding annua meeting of the stockholders, they shaI
 elect the board of directors, who shal ! hold their office for one year and un til their successors shall be elected , and qualified.
 2 The presence of a majority of tht :, said directors shall b. valid quorun [, for the transaction of business.
 The board of directors shall aiop bylaws and may amend or repea 1, the same as provided in such by Il laws, but the stockholders at an. ! annual meeting called for that pur " pose, may amend, repeal such bylaws
 or adopt new or additional bylaws. The officers of the corporation shal
 consist of
 President.
 Vice President. ;, Treasurer.
 Secretary, and such other officers l. as may be deemed necessary by thu board of directors. And the preS'den and vice president shall be elected
 from their own number. Any vacancy in the board shall b'
 filled for the unexpired portion of thu T term by election by the remaining
 members of the board. The board of directors shall hav' full power and authority to do ever, J. act and thing and transact any busi
 ness within the power Of the corpora
 tion.
 IT Article VI
 The highest amount of indebted } ness or liability to which the corpora tfon at any time is to subject itsel l. shall not exceed two-thirds of tn 't outstanding capital stock. II Article VII. D The stockholders and their privat n property shall be exempt from corpol Q ate debts and from liability therefor. d. In witness whereof, we nave here IT. unto set our hands and seal this 6t n day of November, A. D., 1905 y, ASA T. HOY, (seal It w J. MacGREGOR, (seal Id 4 T. ROSE. (seal [, IL SILyERTHORN, (seal b. G. K. REYNOLDS, Cseal n W. H. KINGSTON, (seal 'r W. E. TESTER, (seal g c. M. HOLMES, (seal d ,rerrito,I- of Arizona County of C.