Bisbee daily review., 1909-03-20

corporation is Cosrtland, Cochise county, Territory of Arizona.
 Article i.
 The general nature of the business proposed to be transacted by saia corporation is to engage in the de- velopment and acquisition of water and water rights, to sink wells, con struct and maintain dams and resei- vosrs, canals. ditches and pipe lines, to construct, maintain and operaIs pumping plants and water works of every kind. and to sell and distris- ute water to individuals and corpora- tons for any and every purpose; 70 construct. maintain and operate mains and laterals for the distribution of water; to construct, maintain ana operate telephone and telegraph lines, l street railway lines and railroads for the carrying of passengers and freight, by steam. electricity or other motive power. To manufacture and sell ice, 10 construct, maintain and operate Ice plants, cold storage plants and warehouses, to sell and distribute cold storage to individuals and corpora tions, and to construct, maintain anu operate apparatus, systems, pipes, mains and laterals therefor;
 To construct, maintain and operate electric light plants, poles and wires, and to manufacture electricity and sell and distribute the same; and to manufacture, sell and distribute gas and construct maintain and operate plants, systems, apparatus, pipes, mains and laterals therefor. To en- gage in buying, selling and dealing in goods, wares and merchandise of every description and carry on and maintain stores therefor. To engage in buying, selling ans dealing in real estate and personal property, and to mortgage, lease and hypothecate the same. To own and in any way ac- | quire real estate and personal prop erty. To enter into bonds, options ' and agreements for tho sale or pur- chase Oe real estate, personal prop I erty, mines and mining claims. To own and acquire franchises of every | description. To acquire, own, and deal in mines and mining claims, by ! location, purchase or otherwise, and work and develop the same, and ex- tract ore and mineral therefrom and reduce and smeit the same To buy, sell and deal in ores and minerals of every kind. To own, buy, sell and deal in the stock. bonds and securi- ties Of corporations (inciuding it's own); to acquire, own, buy, sell and deal in mortgages, notes and obliga- tions of every description. To loan money. To borrow money, and to mortgage, pledge or hypothecate its property or any part thereof. To is- Fs- tions of every kind.
 Article HI.
 The amount of the capital stock of ais corporation authorized Is One Hundred Thousand Dollars (s10o,- 0O0), divided into Ten Thousand (10,, 0O0) shares of the par value of Ten Dollars {SI0.00) each, and the time when and the conditions upon which 1t is to be paid in saall be as pre- scribeI by the board of directors OI said corporation, provided, that stock Of this corporation may be issued in payment for property, rights or priVi- Ieges, or services. and the judgment of the directors as to the value thereof, shall, in the absence of ac- tual fraud, be conclusive,
 Article ".
 T1e time of the commencement of this corporation shall be upoE the filing of Q certified copy of these articles with the auditor of the Ter -itory Of Arizona, and it's termination shall be twenty-five years thereafter.
 Article ",
 The affairs Of Tlis corporation shall be conducted by @ board Of seven directors, to bo elected by She stockholders at their annual meeting, which shall bo held on the first Mon day in Marci Of each year. The of dce~s Of this corporation shall be a president, vice president, second vice president, secretary, treasurer, who shall be elected by the directors from among themselves, Immediately after the election of such directors each year. No person shall be eligi- ble as a director unless ne Is bona fde stockhOIGer of the corporation. Said directors and officers shall hold office for one year next ensuing their election, and until their successors are elected and qualified. The boara of directors shall nave power to i'll vacancies occurring on the board of directors, or among the officers Of the corporation. The board of di- | rectors may also appoint such subor- | dinate officers and agents as it may deem necessary. The board of d. rectors shall have power to adopt by laws for the government of this , corporation, not inconsistent witn these articles or Lle laws of the terri l tory or Arizona, and amend the same. The directors for the first year and 'UutH the election of their successors ! at the Erst annual meeting of stock. ; EcIders are A. I. Smith, D. T. Swat ling, E. 4. TOvrea J. J. Bowen, W. ! B. Kelly, George Buxton and J. M. 1 SpaTEe. and the officers for tle first year and until their successors are elected are Pres dent P. A. Toyrea; Vice President J. Af. Sparks: Second Vice President J. J. Bowen; Sec7e- tary George Buxton; Treasurer A. Y. Smith.
 Article VI.
 The highest amount of indebted ness or liability tO which the corpora l tion $ ct any time to subject itself Is the sum Of Sixty-SiE TdOusand Dol lars (&56.000)
 Article Vii,
 The privats pDopety oe tho stock holders of this corporation is to be exempt s-om corporate dsbts or lia- b.icy tS every ksnd.
 l .Tn witness whereof, we have bere- | unto sst our hands and ssea15 this third day of March, ons thousand nine hundred and nine.
 4 '. sMTH: sa7J1E, gsai gssaR