Bisbee daily review. [volume] (Bisbee, Ariz.) 1901-1971, 1908-05-19
cERTiFicATE OF AMENDMENT
| Ito the
ARTICLES OF INCORPORATION
of the
5lS5EE-NAco WATER COMPANY.


KNOW ALL MEN BY THESE
PRESENTS: That at the regulara al
nual meeting of the Stockholders of
he BISBEENACO W8TER COM
PANY, held at the Sh1ce of said Com
pany at the Clty>of Pisbee, County of
Cochise, territory of Arizona, on the
ifta dssr>of May, 1908, pursuant 20 cali
for~that purpose, at which more than
"a majority of the stock of said Com
pany was present and represented,
the following resolutions were duly
adopted by the affirmative vote of all
OF the stock present and represented
at said meeting, the same being more
than majority of all of the stock of
said corporation.
RESOLVED. That Article THIRD
Of the Articles of Incorporation OF the
BISBEENACO WATER COMPANY
be and the same is hereby amended to
read as follows:
Third: The amount of the capital
stock of this corporation shall be
Five Hundred Thousand Dollars
tS500,0OO), divided into fifty thousand
C5O,0OO) shares of the par value of
ten dollars $4,000 each, which, when
issued, shall be full paid and ncn-as-
sessable. Said capital stock shall be
issued upon such terms and condi
tons and at such times as the Board
or Directors may determine or pre-
Fcribe, and the same may be issued
In exchange for property, contracts,
services or other benefits of any kind
or character accruing to the corpora
ton, as the Board of Directors may,
n the exercise OF their judgment, de-
termine.'
AND BE IT FURTHER RESOLV-
ED. That Article FIFTH of the Ar
ticles of Incorporation of the BISBEE-
NACO WATER COMPANY be and the
same is hereby amended by striking
out of said Article FIFTH the words:
The Board of Directors shall be
elected at the regular annual meeting
Of the stockholders to be held on the
first Monday in May of each year
And inserting in lieu thereof the
words:
THE Board Of Directors shall be
elected at the regular annual meet
ing of the stockholders to be held on
the fourth Monday in. June of each
year.
AND BE IT FURTHER REsoLv-
ED, That Article SIXTH Of the Arti-
cles of Incorporation of the BISBEE-
NACO WATER COMPANY be and
the same is hereby amended to read
as follows:
sixth. The highest amount Of in
debtedness, direct or contingent, to
which this corporation is at any time
to subject itself is an amount equal
ng twothirds of its authorized capital
stock
AND BE IT FURTHER RESOLv-
ED, That the President and Secre-
tary of this corporation be, and
they are hereby authorized and direct
ed to sign, acknowledge and attest
the foregoing amendments, and cause
the same to be filed, recorded and
published. as required bv law"
IN WITNESS WHEREOF the salu
Company has caused these presents
to be signed by its President and
attested by its Secretary this 11th
day Of May, 1903.
W. C. READ,
President, Bisbee-Naco Water Com
pany.
Attest:
NJ. J. CUNNINGHAM,
Secretary, BisbeeNaco. Water Com
pany.
CSeal.)
Territory of Arizona, }
(ss.
County Of Cochise
Before me, W. K. Flora, a Notary
Public in and for the County Of Co
ehise, Territory of Arizona, on this
day personally appeared W. c. Read
and NJ. J. Cunningham. known TO me
to be the persons whose names are
subscribed to the foregoing instru-
ment as the President and Secretary,
respectively, of the Risbee-Naco
Water Company. and acknowledged
to me. each for himself, that he exc
cuted the same Tor the PURPOSES and
considerations therein expressed.
GIVEN under my hand and seal OF
Office this 18th day of May, 1908.
My commission expires the Ord day
Of July, 1911.
W.-K. FLORA,
(Seal) Notary Public.