Bisbee daily review. [volume] (Bisbee, Ariz.) 1901-1971, 1909-09-05

aid in any manner any corporation
whose stocks, bonds or other obliga
tions are held, or in any mamie
guaranteed by the corporation, and t,
do any other acts or things for tn,
preservation, protection, improvement
or enhancement of the value OF an,
such stocks, bonds or other obligations
or to do any acts or things designed
for any such purpose; and while the
owner of any such stocks, bonds Oh
other obligations, to exercise ali the
rights, powers and privileges of
ownership thereof, including the right
to vote thereon, to the same extent
and with like effect as a natural per.
son might or could do.
16. To purchase, lease or other
wise acquire, hold, own, sell and
convey, mortgage, pledge, lease or
oiherwies dispose of real and per.
soaal property either within or with
out the Territory of Arizona.
IL. Without in any way limiting
the purposes and objects herein men
TONED, the general purpose and OBJ
3ect of the corporation shall be to
acquire in any manner whatsoever
any substance or material, whether
mineral or otherwise, and devotion.
manufacture or otherwise treat the
same so as to produce any finished
product which may be of value or
use for sale, ornament or otherwise,
and to hold, use, deal in, mortgage.
sell or otherwise dispose of the same.
The business or purpose of the
corporation is and shall be, from time
to time, to do any one or more of
the acts and things hereinbefore set
forth; and 1t may conduct and carry
on its business in other states and
territories OF the United States and
in foreign countries, and may keep the
books OF the corporation outside CT
the Territory of Arizona, except as
otherwise may be provided by law.
Is. In furtherance OF, and without
in any particular limiting any OF,
the objects, purposes and powers of
the corporation, 1t is hereby expressly
declared and provided that the cor
poration shall have power to issue
bonds and other obligations in pay
ment Of any or all property purchased
or acquired by it, or for any other
object or purpose in OF about it's
business, and to mortgage or pledge
any stocks, bonds or other obIiga.
tons or all or any property which
may be acquired by it to secure any
bonds or other obligations by it is
sued or incurred, and to guarantee
any dividends or bonds or contracts
or other obligations, and to make
and perform contracts of any kind
and description; and, in carrying on
It's business, or for the purpose OF
attaining or furthering any of it's OBJ
jects or purposes, to do any and all
other acts and things, and to exer-
else any and all other powers, which
a co-partnership or natural person
might or could do and exercise, and
IN any part of the world, as principal,
agent, contractor, factor, trustee or
otherwise.
ARTICLE III.
The capital stock OF the corporation
shall be Five Million Dollars (S5,-
000,000.OO), divided into Five Hun
dred Thousand (500,O0O) shares of
he par value of Ten Dollars $4,000
each, which shall be paid for at such
lines and in such manner as the
Board Of Directors may, from time
% time, designate All or any por-
ion of said capital stock may be IS
.ued in payment of any real or per-
'onaI property o services, or any
,ther right or thing Of value neces.
AIRY for or incidental to the advance
nent of the purposes of the corpora
ion, and, when so issued, the same
hall be and become fully paid and |
fleet as if paid for in cash at par; |
nd the Board of Directors shall \
. the sole judge OF the value of any |
roperty, real or personal, or right l
r thing acquired and exchanged for 1
apital stock Of the corporation. Nc 4
hares of the capital stock of the
shall be issued until full
: paid for in the manner, upon the
onditions and at the price specified
Y the Board of Directors, and there |,
fter the same shall he in all respects
lily paid and worcestershire.
ARTICLE Nv.
l
on shall be the day these Articles |
Incorporation are filed in accord
nee with law, and the corporation
hail endure and continue for the
Ill term and period of twenty-five
~ years thereafter, with the priv
ge OF perpetual succession as pro-
ded by statute, and the corporation
hea ulH n a !
II further periods each of twenty
sc (25) years.
ARTICLE v.
The government OF the corporation
NALL be vested in, and fits affairs
lall be conducted by, a board of
me (9) directors, who, other than
lie first Board hereinafter provided
n, shall be chosen by the stock
olders from their own number at
lnual meetings, and who shall be
assified In respect to the time for
hich they shall severaIly hold office
= dividing them into three classes.
sch class consisting of one-third OF |
he whole number of the Board of
directors, and all directors Of the
orporation shall hold Office until
leir successors are elected and quail
led.
The Board Of Directors is invested |
18th complete and unrestricted au-
lority in the management of all the
fairs of the corporation, and is au-
nriZed 10 exercise for such pUr-
ose, as the general agent of the cor
its entire corporate author
y.
AS to the first Board hereinafter
provided for, the directors of the
rst class shall be elected for a term
Il one year; the directors Of the
econd class shall be elected for a
erm of two years, and the directors |
l. IL IL