Bisbee daily review., 1909-08-17
 =Stock Markets, Railroads and Mining


 capital stock and that of other corpora tions, and to vote any stock owned by 1t the same as natural person might do: to issue bonds, notes. debentures. and other evidences or indebtedness and to secure the payment of the same by mortgage, deed of trust, or other wise; to act as agent, trustee, broker, or in any other fiduciary capacity, and to borrow and loan money; and in gen. eral to do and perform such acts and things and transact such business. not inconsistent with law, in any part of the world as the board of directors may deem to the advantage of the cor poration.
 ARTICLE w. The authorized amount of capital stock of this Corporation shall be $500, O,0O0 dollars divided into 60O,00O shares of the par value of one dollar each. At such times as the Board of Directors may by resolution direct, said capital stock shall be paid into this corporation, either in cash or by the sale and transfer to it of real or personal property. contracts. services, or any other valuable right or thing for the uses and purposes of said cor poration, in payment for which shares of the capital stock of said corporation may be issued and the capital stock so issued shall thereupon and thereby become and be fully paid up and non assessable, and in the absence of act ual fraud in the transaction of the judgment of the directors as to the value of the property purchased shall be conclusive.
 ARTICLE V. The time of the commencement of this corporation shall be the date of the filing of certified copy of these Articles of Incorporation in the office of the Auditor, and the termination thereof shall be twenty-five years al as provided by law. ARTICLE VI. The affairs of this corporation shall be conducted by Board of Directors, and the following named shall cOnsti- tute the Board of Directors until their successors are elected: A. Grimm, Roman Armijo. John W. Hogan. Thereafter the Board of Directors shall be elected from among the stock holders at the annual stockholders meeting to be held on the 7th day of April of each year.
 ARTICLE VII. The Directors shall have power to adopt and amend bylaws, for the gov ernment of the corporation, to fill va cancies occurring in the Board from any cause, and to appoint an executive | committee and vest said committee with all of the powers granted the di- rectors by these Articles. ARTICLE VII. The highest amount of indebted Territory of Arizona, County of Co chise, ss.
 I, c. A. Mcdonald, County Record CT in and for the County of Cochise, ness, direct or contingent, to which the corporation shall be subject at any one time shall be (s400,000) four | hundred thousand dollars. ARTICLE K. The private property of the stock holders and officers of the corporation shall be exempt from all corporate debts of any kind whatsoever.
 IN WITNESS WHEREOF, We have hereunto set our hands and seals this 22nd day of June, 1909. A. GRIMM. (Seal)
 ROMAN ARMIJO. (Seal) JOHN W. HOGAN. (SeaL)
 Territory of Arizona, County of Co | ohise, ss.
 Before me, w. D. Kinsey Ca Notary | Public in and for said County and State), on this day personally appear ed A. Grimm, Roman Armijo and John 1 W. Hogan, to me known to be the per l sons who subscribed to the foregoing | instrument, and acknowledged to me that they executed the same for the purposes and consideration therein ex. pressed.
 Given under my hand and seal of of. flee, this 22nd day of June, A. D., 1909 i My commission will expire on the 4th day of September. 1911. ". D. KINSEY,
 Notary Public Territory of Arizona, County of Co chise.
 I, c. A. Mcdonald, County Recorder in and for the County and Territory aforesaid, do hereby certify that the within instrument was filed for record at g o'clock a. m., on this 2sth day of July, 1909. and duly recorded in Book No. of Interpretations Record of Co chise County, Arizona, at pages 566- 567 Witness my hand and official seal the day and year first above writ ten.
 1 c. A. MCDONALD, l County Recorder