Bisbee daily review., 1909-03-11


 | The general nature of the business proposed to be transacted by saio corporation is to engage in the de- velopment and acquisition of water and water rights, to sink wells. con struct and maintain dams and resci- voirs, canals, ditches and pipe lines, Ito construct, maintain and operate pumping plants and water works 6f every kind. and to sell and distrib- ute water to individuals and eorpoia- tions for any and every purpose; to 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 manufactune and sell ice, Ito construct. maintain and operase | ice plants. cold storage plants and warehouses to sell and distribute cold storage to individuals and corpora tioRs, and to coastruct. maintain anu operate apparatus. systems, pipes. mains and laterals therefor;
 l To construct. maintain aud 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 piantsS 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 h real estate and personal property, and to mortgage, lease and hypothecate the same. To oNn and in any way ac- 1 quire real estate and personal prop crty. To enter into bonds, options and agreements for the safe or pur- chase of Fcai estate. personal prop erts, mines cnd mining claims. To own and acquire franchises of every | descriptioB 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 treduee and sInelt the same. To buy, sell and deal h ores and minerals of every kind. To own, buy, sell and deal in the stock, bonds and securi- ;ties of corporations uncluding it's own): 4o acquire, own, buy, sell and | deal in mortgages, notes and obliga- 1 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- tons Of every kind.
 Article Ili
 The amount of the capital stock of l flis corporation authorized is One Hundred Thousand Dollars (S10e,- 0e0). divided into Ten Thousand (1o. 00Ol shares of the par value of Ten Dollars (S1e.e0) each, and the time when and the conditions upon which 1t is to be paid in shall 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 privi- leges. or services, and the judgment of the directors as to the value thereof, shall. in the absence Of ae-| tuaI fraud. be conclusive.
 Article w.
 The time of the commencement of this corporation shall be upon the filing of q certified copy Of these articles with the auditor of the Ter ritory of Arizona, and it's termination shall be twenty-five years thereafter.
 Article V
 The affairs Of this corporation shall be conducted by a board or seven. directors, to be elected by the stockholders at their annual meeting, which shah be held On the first Mon day in March Of each year. The of ficers of this corporation shall be c 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 persoh snail be eligi- ble as q director unless ne is a bona ide stockholder CT 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 board of directors shall nave power to fill vacancies occurring on the board Of directors, or among tue officers Of | the corporation. The board of di- 1 rectors may also appoint such subor- dinate officers and agents as 1t may deem necessary. The board of di- rectOrs shall have power to adopt bv laws for &hC government of tn1s ! corporation. not inconsistent with l these articles or Che laws of the terri tory of Arizona, and amend the same.
 The directors for tue first year and uusii the election Of their successors aI the first annual meeting of stock lEc Iders are A. r. Smith, Q. T. Swat. | ling. E A. TOyreG J. J. Bowen, " | E. Kelly. George Htxrou aud J. NJ Spark. and the officers for tae first lyear and JntH thCir successors ara leiected are Pres dent E. A Toyrea: Vice President I. Ii. Sparks; Second Vice President , J Bowen; Socre tsry George Bu1to15 Treasurer A 2 Smith.
 Article VI
 The highest amount Of indebted ness or liability Co which the corpora ton Is at any time to subject itsel is the sum of Sixty. Six Thousand Dol liars (s66.0oe)
 Article VII.
 The private propety Oi the stock holders Of this corporation is to b' exempt :'oua corporate debts or iia b!iity e: sv'ry kind.
 In witness whereof, we have here unto set our hands and seals thi third day of March, one thousand Inine hundred and nine.
 4. |. SETH, (Seal. Il F. A. ToyREA, (seal. II J. J. BOWEN. (Seais sl W. B. KELLY, Seal