Bisbee daily review., 1908-12-05

|Ar MUhNlN6, DECEMBER B,
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 and 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
and all kinds OF ores, metals, miner
ais.
To sell. convey, lease, mortgage hy-
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 aud things necessary to
carry on and transact the aforesaid
business.
Article M.
The amount of capital stock of this
corporation shall be Five Hundred
Thousand dollars ($50O, ,000) divided
into Five Hundred Thousand shares
(5OO,0OO) Of tae 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 worcestershire
and other shares thereof part paid and
assessable, 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 fled for record with the
territorial auditor of the Territory of
Arizona, and the time of its 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.
w. ]. MacGregor.
c. NJ. Holmes.
A. T. Rose.
]. L. Silverthorn.
G. K. Reynolds.
W. H. Kingston.
W. E. Tester. u
All of Bisbee, Cochise County, Ter
r'tory of Arizona, shall compose the
board of director sof this company. At
the first, and each succeeding annual
meeting of the stockholders, they shan
elect the board of directors, who shall
hold their Office for one year and I'M
til their successors shall be elected
and qualified.
The presence of a majority of the
said directors shall b. valid quorum
for the transaction of business.
The board of directors shall adopt
bylaws. and may amend or repeal
the same as provided in such by
laws, but the stockholders at any
annual meeting called for that pur-
pose, may amend, repeal such bylaws,
or adopt new or additional bylaws.
The officers of the corporation shah
consist of a
President
Vice President.
Treasurer.
Secretary, and sucn other officers
as may be deemed necessary by the
board of directors. And the president
and vice president snail be elected
from their own number.
Any vacancy in the board shall be
filed for the unexpired portion of the
term by election by the remaining
members of the board.
The board of directors shall have
full power and authority to do every
act and thing and transact any busi-
ness within the power OF the corpora
ton.
a- -. Article vi -- -..
The highest amount OF indebted |
ness or liability to which the corpora
ton at any time is to subject itself
shall not exceed two-thirds of the
capital stock.
Article VII.
The stockholders and tneir private !
property shall be exempt from corpor-
ate debts and from liability therefor.
In witness whereof, we have here |
unto set our hands and seal this 6th !
day of November, A. D., 1908.
ASA T. HOY, (seaD |
w. ]. MacGREGOR, (seaD |
A. T. ROSE, (seaD |
il. SILVERTHORN, (seaD |
G. K REYNOLDS, (seaD !
W. H. KINGSTON, (seaD |
W. Z. TESTER, (seaD |
C. M HOLMES, ,s... (seal) |