Bisbee daily review., 1909-03-16
Article I'

corporation is coHrtland, Cochise county, Territory of Arizona.
 Article l'
 The general nature of the bushes, proposed to be transacted by saia 1 corporation is to engage in the de- velopment and acquisition of watei and water rights. to sink wells, con struct and maintain dams and resel- yoirs. canals. ditches and pipe lines, to construct, maintain and operaIs pumping plants and water works of every kind, and to sell and distrib- ute water to individuals and corpora a. tions for any and every purpose; .o construct. maintain and operate mains and laterals for the distribution of water; to construct, maintain anu 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 opera-e ice plants, cold storage plants and warehouses, to sell and distribute cold storage to individuals and corpoYa- tions. and to construct, maintain anu operate apparatus, systems, pipes,
 
 To construct. maintain and operate electric light plants, poles and wires, 1 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 and dealing in real estate and personal property, and to mortgage, lease and hypoihecate the same. To own and in any way ac quire real estate and personal prop erty. To enter into bonds, options and agreements for the sale or pur- chase of real estate, personal prop erty, mines aad 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 smelt 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 Cncluding 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. sue it's own notes, bonds and obliga. tions of every kip1.
 Article TIT.
 The amount of the capital stock oi his corporation authorized is One | Hundred Thousand Dollars (si00,- 0O0), divided into Ten Thousand (1O.' l 00O1 shares of the par value of Ten ! Dollars ($1O.O0) each, and the tina when and the conditions upon which 1t is to be paid in snail be as pre- scribed by the board of directors oi said corporation, provided, that stock of this corporation may be issued in payment for property, rights or priYi- leges, or services, and the judgment of tho directors ls to the value 1 thereof, shall, in the absence Of ac- tual fraud. be conclusive.
 Article W.
 | The time of the commencement oi this corporation shall be upon the filing of a certified copy Of these articles with the auditor of the Ter. ritory of Arizona, and its termination shall be twenty-five years thereafter. i Article V.
 TLe affairs of Ldis corporation shall be conducted by a board Of seven directors, to be elected by She stockholders at their annual meeting which shall be held on the first Mon day in MaFca of each year. The of hce~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, inmediateg after the election of such directors each year. No person snail be eligl blc as a director unless he is a bona flde stOckhClder of the corporation Said directors and officers shall hold office for one year next ensuing theiI election, and until their successors are elected and qualified. The bOarc of directors shall have power to fill vacancies occurring on the board oi directors, or among the officers oI the corporation. The board Of di rectOrs may also appoint such subOr dine.e officers and agents as it may deem necessary. The board of di rectOrs shall have power to adop1 by laws for the government of tnlS corporation, not inconsistent Wlur these articles or the laws of the terri tory of Arizona, and amend the same
 The directors for the first year and Unin the election of their successor at tue first annual meeting of stock kCiders are \. V Smith, D. T. Swat ling, F. A. Tovrea J. J. Bowen, " F. Kelly, George Buxton and J. aI Spark. and the officers for tle frs year and until their successors ara elected are Pres dent F. 4. TOvrea; Vice President J. Af Sparks; Second Vice President J. l. Bowen; Secrs tary George Buxton; Treasurer <. < smitll-
 n Article VI.
 | The highest amount Of Indebted lness or liability to which the corpora ton E. at any time to subject itsel IS the sum of Sixty Six Thousand Dol lars (s6G.0O0.l
 Article VII.
 The private propety oi the stock holders of this corporation is 10 bC exempt s-om corporate dsbtS or lia b!ilty ,'f every kind.
 | Tn witness whereof, we havO here unto set our hands and seals thii taird day of March, orc thousand zine hundred and nine.
 f A. r. SMITH, gSeal.l
 D. 4. TOvREA, (SeaLl l.