Bisbee daily review. [volume] (Bisbee, Ariz.) 1901-1971, 1909-09-03

| "uctuSi OOAhSstfC UT AVfclSu, anu u
aid In any manner any corporation
whose stocks, bonds or other obliga-
tons 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 am
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.
Is. To purchase, lease or other-
wise acquire, hold, own, sell and
convey. mortgage, pledge, lease or
otherwies dispose of real and per-
sonai property either within or with
Que the Territory Of Arizona
II. Without in any way limiting
the. purposes and objects herein men
TONED, the general purpose and OBJ
Ject of the corporation shall be to
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 its 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
poratfon 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 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
and description; and, in carrying on
its business, or for the purpose of
attaining or furthering any of its 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 ($5,-
900, 000.00), divided into Five Hun
dred Thousand 100000 shares of
the par value of Ten Dollars $4,000
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 por-
| ton of said capital stock may be is.
cued in payment of any real or per
sonal property o services, or any
other right or thing of value neces.
sary for or incidental to the advance
ment of the purposes OF the corpora
ton, and, when so issued, the same
shall be and become fully paid and
| non assessable, the same and with like
effect as if paid for in cash at par;
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 worcestershire.
ARTICLE ~.
The commencement of the corpora
ton shall be the Gay 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 priyi-
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 $3.50 years.
ARTICLE v.
The government of the corporation
shall be vested in, and its affairs
shall be conducted by, a board Of
nine 90 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 seyerally 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 quail
lied.
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-
tborized to exercise for such pur-
pose, as the general agent of the cor
poration, It's entire corporate author
ity.
AZ 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