Bisbee daily review., 1909-09-09

alQ In any manner any corporation whose stocks. bonds or other obIiga-
 tions are held, or in any manner guaranteed by the corporation, and to do any other acts or things for the preservation, protection, improvement or enhancement of the value of any 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 or other obligations, to exercise all 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 sonal property either within or with out the Territory of Arizona.
 IT. Without in any way limiting the purposes and objects herein men | luoned. the general purpose and ob- Ject of the corporation shall be to 1 acquire in any manner whatsoever any substance or material. whether | mineral or otherwise, and develop, 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 it may conduct and carry on it's business in other states and territories of the United States and in foreign countries, and may keep the books of the corporation outside of 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, it 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 l object or purpose in or about it's business. and to mortgage or pledge | any stocks, bonds or other obliga- tions or all or any property which may be acquired by 1t 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 i and description; and, in carrying on l its business, or for the purpose of attaining or furthering any of its ob- 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 l in any part of the world, as principal agent, contractor, factor, trustee or otherwise.
 ARTICLE IT.
 The capital stock of the corporation shall be Five Million Dollars (S5,- | 000,O0000), divided into Five Hun dred Thousand (500,000) shares of the par value of Ten Dollars ($10.00) each, which shall be paid for at such times and in such manner as the Board of Directors may, from time | to time, designate. All or any DOT ton of said capital stock may be is cued in payment of any real or per sonal property O: seruces, or any other right or thing of value neces- sary for or incidental to the advance ment of the purposes of the corpora | tion, and, when so issued, the same shall be and become fully paid and non-assessable, the same and with like and the Board of Directors shall be the sole judge of the value of any | property, real or personal, or right or thing acquired and exchanged for capital stock of the corporation. No shares of the capital stock of the corporation shall be issued until full ly paid for in the manner, upon the conditions and at the price specified by the Board of Directors, and there after the same shall be in all respects fully paid and non-assessable.
 ARTICLE w.
 The commencement of the corpora ton shall be the day these Articles of Incorporation are filed in accord ance with law, and the corporation shall endure and continue for the full term and period of twenty-five (25) years thereafter, with the privi- lege of perpetual succession as pro- vided by statute, and the corporation may be renewed from time to time for further periods each of twenty five (25) years.
 ARTICLE V.
 r-lo of tho shall be vested in, and It's affairs nine 60 directors, who, other than the first Board hereinafter provided for, shall be chosen by the stock holders from their own number at annual meetings, and who shall be classified in respect to the time for which they shall severally hold office by dividing them into three classes, each class consisting of one-third of the whole number of the Board of Directors, and all directors of the corporation shall hold office until their successors are elected and qual- fled.
 The Board of Directors Is invested with complete and unrestricted au- thority in the management of all the affairs of the corporation, and is au- rhorized to exercise for such pur- pose, as the general agent of the cor poration, its entire corporate author ity.
 As to the first Board hereinafter provided for, the directors of the first class shall be elected for a term of one year; the directors of the second class shall be elected for term of two years. and the directors of the third class shall be elected tarr,a of tbroa Ar aach