Bisbee daily review., 1908-02-26
LEGAL noTIcEa

tion, of the general powers conferre' by the laws of the Territory or Ari zona and of the objects and purpose as herein above stated, 1t is herebl expressly provided that subject t the laws of the Territory of Arizona the company shall have also the fol lowing powers. that is to say:
 (a) To acquire the goodwill rights, property and assets of al kinds, and to undertake the wholt or any part of the liabilities of any person, firm. association or corpora ton, and to pay for the same in cash stock. boads and debentures or othei securities of this corporation, or otherwise.
 (bl To purchase, aold, sellr as sign, transfer, mortgage, pledge. or otherwise dispose of. any bonds stocks, or other securities or evi- dences of indebtedness created or issued by any other corporation or corporations or associations of the Territory of Arizona, or of any othel state, territory or country, and while owners thereof to exercise all the rights, powers and privileges of own ership.
 (c) To borrow or raise money for the purpose of this corporation; to issue it's bonds, notes or other obli- gations for money so borrowed, or in payment of or in exchange for any real or personal property, or rights or franchises acquired, or other value received by the corporation, and to secure such obligations by pledge or mortgage under deed of trust or otn erwise, of or upon the whole or any part of the property at any time held by the corporation, and to sell or pledge such bonds or discount such notes or other obligations for its proper corporate purposes.
 V.
 The authorized amount of capital stock of this corporation shall be Eight Hundred Thousand DoIIars (s8OO,0OO.) divided into eight thou sand (S,000) shares of the par value of One Hundred Dollars (s1OO) each and said capital stock is to be paid in on or before July 1, 1908. The Board of Directors may cause said capital stock, or any part thereof, tc be subscribed or paid for in cash, ir purchase or exchange or transfer of real or personal property, or for ser vices rendered, and shall have power to issue, or cause to be issued, any part of the capital stock as required at any time or from time to time and when so issued it shall be fully po;d opd non oeeaceohla apd iu fhe absence of fraud in any transaction the judgment of the Board of Direct ors as to value of the property pur chased or transferred or exchanged or services rendered, shall be con elusive. Shares of stock may bt voted by proxy at all stockholders meetings.
 VI.
 The time of the commencement O this corporation shall be the date o the filing of a certified copy of tht Articles of Incorporation in the ofic' of the Territorial Auditor of Arizona and the termination thereof~shall bt twenty-five (25) years thereafter.
 VII.
 The affairs of this corporation shal be, conducted by board of five di rectors who shall be elected annual. by the incorporators at their frs meeting and thereafter by the stock holders at each succeeding annual stockholders meeting.
 Will.
 |. The annual meeting of the stock holders shall be held on the third Tuesday in January of each year Any meeting Of the stockholders nIa, be held either in the City of Bisbee Territory of Arizona, or in the City of Grand Rapids, Michigan.
 TX.
 The highest amount of indebted ness or liability, direct or contingent to which this corporation is at an! time subject shall be Five, Hundred Thirty Three Thousand Dollar ($533, 3,0o0)
 The private property of the stock holders of this corporation shall b. exempt from liability for corporate debts of any kind whatever.
 IN WITNESS WHEREOF, we nav' ~O~N~ ~-~- 31st day of January, 1908.
 FORRIs D. STEVENS, L. S.,
 HARVEY E. CLAY, Q1. S.)
 J. PALMER McVEAN. (L. S.]
 State of Michigan, County ot Kent, ss.
 On this 31st day of January, 1908 before me, a notary public in and for the county and state aforesaid residing therein duly commissioned and sworn, personally appeared For ris D. Stevens, Harvey E. Clay and J. Palmer McVean, known to me to be the persons described in and whose names are subscribed to the foregoing instrument, and they ac- knowledged to me that they executed the same for the purpose and consid eratien therein expressed.
 IN WITNESS WHEREOF, I have hereunto set my hand and affixed my official seal at my office In the said state and county the day and year last above written.
 KATHERINE E. SHANAHAN, Notary Public, Kent County, Michi. gan.
 My commission expires Jan. 12, 1911.
 State of Michigan. County of Kent ss.
 l, Ralph A. Mosher, Clerk of the County of Kent, (and also Clerk oi the Circuit Court, the same being a court of record of the aforesaid coun ty, having by law seaD do hereby certify that Katherine B. Shanahan whose name is subscribed to the at tached certificate of acknowledgment proof or affidavit, was at the time ol taking said acknowledgement, proof or affidavit, a Notary Public duly .aoy,, o.a cvv0ro .onI rpGi6