Bisbee daily review., 1909-03-23

place of transacting business of said corporation Is Cogrtland, Cochise county, Territory of Arizona.
 Article e.
 The general nature of the business proposed to be transacted by sald corporation Is to engage in the de- yelopment and acquisition of watei and water rigats, to sink wells, con struet and maintain dams and reseI- voirs, canals, ditches and pipe lines, to construct, maintain and operate pumping plants and water works of every kind, and to sell and distris- ute water to individuals and corpora- tions 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, street railway lines and railroads for the carrying of passengers and freight, by steam, electricity or other motive power. To manufacture and sell ice, to construct, maintain and operate Ice plants. cold storage plants and warehouses, to sell and distribute cold storage to indivtduals 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 latercls therefor. To en' gage in buying, selling and dealing in goods, wares and merchandise ot every description and carry on and maintain stores therefor. To engage in buying, selling and dealing in real estate and personal property, and Go mortgage, lease and hypothecate the same To own and in any way Gc quire real e-tate end personal prep erty. To enter into bonds, options and agreements for tho sale or pUr' chase of real estate, personal prop 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 ere and mineral tberefrom and reduce and smek the same. To buy, sell and deal in cres and minerals of every kind To own, buy, sell and deal in the stock, bonds and securi- ties Of corporations Qncluding its oS.1; to acquire. own. buy. sell and deal fn mortgages, notes and oeliga- tioE-s Of every description. To loan money. To borrow money. and to mortgage, pledge or hypothecate It's property or any part thereof. To is- sue its own notes. bonds and obliga- tions of every kind.
 Article III.
 The amount of the capital stock of ais corporation authorized is One Hundred Thousand DollaTS (s10o,- 000). divided into Ten Thousand 10,- 000) shares Of the par value of Ten Dollars (S10.0e) each, and the time when and the conditions upon which 1t Is to De paid h saaH be as pre- scribed by the board of directors oI said corporation, provided, that stock of this corporation may be issued h payment for property, rights or priyl- leges, or services, and the judgment of the directors as to the value thereof, shall, in the absence Of ac- tual fraud, bs7 conclusive.
 Article w.
 Tae time of the commencement ot this corporation shall be upon the filing ot 8 certified copy Of these articles with the auditor Ut the Ter ritoTy Of Arizona, and it's termination shan be twenty-five years thereafter.
 Article V.
 The affairs of this corporation shall be conducted by a board Of seven directors, to be elected by the stockholders ct their annual meeting, which shall be held on the first Mon- day in Marcl Of eacn year. The of flce-s Of this corporation shall be Q 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 eltgi- ble as q director unless ne Is a bona fide stockholder 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 bOaru .oG directors shah nave power to fill
 
 directors, or among the officers Of The corporation. The board Of d. rectors may also appoint such subor- diHste officers and agents as it may deem necessary. The board Of d. rectcrs Shall have power tc udopl by laws for the government Of tnts corporation, not inconsistent with these articles or Ble laws of the terri tory of Arizona, aad amend the same. The directors for tue first year and until the election of their successors st the first annual meeting Of stock hClCcrs are 4. I. Smith, D. T. Swat ling. E A. Tovrea J. J. Bowen, ". 3. kelly, George Buxton and J. M. Spark, and the officers for tle first year and until their successors arc elected are Pres dent F. 4. Toyrea; Vice President J. M Sparks; Second Vice President J. J. Bowen; Secre- tary George Buxtoni Treasurer A. '. Smith.
 Article VI
 The highest amount of indebted ness or liability to which the corpora. tion Is at any time to subject itsell is the sum of Sixty Six Thousand Dol. lars (s6seo0)
 Article VII.
 The private propety Of the stock holders of this corporation is to be exempt t-em corporate dsbts or lia. b!dry rf every kind
 Tn witness whereof, we have here unto set our hands and seals this taird day of March. one thousand aira hundred and nine
 A. '. SMITH, CSeaL) E. A. TOVREa, (SeaL) L. J. BOWEN, (Seal.)