Bisbee daily review., 1909-05-20

ing matters of internal government of each of such associations, the, fix ing of the membership fee and per capita tax and the amount thereof payable to the corporation, for each of said associations; such minor association shall have the right and authority to elect their own officers and boards of directors and to adop, such constitutions and bylaws as are ret in conflict with the constitution and bylaws of this corporation; but this corporation snail in no way be responsible for any liability or obl!- gation whatever incurred, in any man ner. by said association of either of them: to buy. sell, own. mortgage, deal in aud ,dispose of real and per sonal property. buy, sell and own the stock of other corporations and mort gage or hypothecate the same; to contract indebtedness and take all proper action toward the payment and security of the same; to do any and all things expedient, meet, prop CT or necessary to fully carry out the purposes for which this corporation Is organized
 ARTICLE III
 The CAPITAL STOCK of this cor poration is Ten Thousand Dollars ts1o.0 GOO 00). divided into One Thou sand (000) shares of the par value of Ten Dollars (s10.00) each; said stock shall be non-assessable and shall be fullys paid mp before issuance. in money, prDperty, services or other valuable thing. in the discretion of the( Board of Directors and the ac- tionsof the Beard of Directors. in this particular, shall be conclusive and | final
 ARTICLE ". I The TIME of commencement of this | corporation shall be the date of the 1 filing of a properly certified CODY o' these articles in the office of the l Auditor Of the Territory of Arizona and the life of this corporation shall terminate twenty-five years there after.
 f ARTICLE V. | The AFFAIRS of this corporation | sfali be conducted by a board of not less than three nor more than seven directors who shall be elected from among the stockholders on the second Monday in January of each year, upor | which day shall be held the annual meeting of the stockholders and said directors shall hold office for one year thereafter and until the,r success sors are elected and qualified, anc until the first annual meeting of tn, stockholders the following named
 stockholders shall act and are herebl
 designated as the Directors of sai'
 corporation: Franklin E. Dorr. w P. Wise and w. s. Lanford. The of ricerz of this corBcration shall be . | n } and Treasurer and such other off | eers as may be deemed necessary h' the Board of Directors; the office of Secretary and Treasurer may b } held by one person; such officer shall be elected immediatelv after in meeting of the stockholders aforesaid
 by the Board of Directors, from amont its members and shall hold office fo one year thereafter and until thei
 successors are elected and qualified . until the first election of officers b the Board of Directors, the followin named persons are hereby designate to fill said offices:
 Franklin E. Dorr, President. } President, w. P. Wise.
 Secretary and Treasurer, w
 Lanford.
 ARTICLE VI. The HIGHEST AMOUNT OF IN DEBTEDNESS to which this corpo s ation shall at any time subject itse : is the sum of Five Thousand Dollar
 ARTICLE VII. 2 The PRIVATE PROPERTY of tf . lstockholders and officers shall be an l is exempt from liability for corporat r indebtedness of any kind. IN WITNESS WHEREOF the pa ? ties hereto have hereunto set the l hands this 18th day of Februar 9 1909.
 I.( FRANKLIN B. DORA
 W. P. WISE
 w. S. LANFORD ei TERRITORY OF ARIZONA, ]