Bisbee daily review., 1909-03-14

BlSBEE, ARIZONA, SUNDAY ] and laterais 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 manufacture and sell fee, to construct. maintain and operate Ice plants, cold storage plants and warehouses, to sell and distribute cold storage to individuals and corpora tions. and to construct, maintain anu operate apparatus. systems, pipes, mains and laterals therefor;
 To construct. maintain and operate electric light plants. poleS and Sires-, and fo manufacture electricity and sell and distribute the same; and to manufacture, sell and distribute gas and construct maintain and operate plentsg systems, . apparatus, pipes, mains and lateTuls 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 hypothecate 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 estste. personal prop erty. mines and mining claims. To own and acquire franchises of every description. To acquire, oWn, and deal in mines aud mining claims, by location, purchase or otherwise, and work and develop the same, and ex- tract ore and mineral thercIon 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 corporat.ons Qucluding its oTn); to acquire, own. buy, sell and deal in mortgage, notes and obliGa- tions cf every description. To loan money. To borrow money, and Go mcrtgaEe, pledge or hypothecato its property C. any pat thereof To is- sue its OWE notes. bonds and obBga- tiona Of eyerY kind.
 Article ili.
 The amount of the capital stock of his corporation authorized Is One Hundred Thousand Dollars (s1G0, e6O), divided into Ten Thousand (10,- 0o6) shares Of the par vaiue Of Ten Dollars ts1o.Opi each, and the time when and the conditions upon which 1t Is tc be paid in shall be as pre-, seritsd by tae board of directors cIi h@s er@r. nIr 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 shah. in the absence oG. sc-I tual fraud, be conclusive.
 Article W.
 Tae time of the commencement ofI this corporation shall Do upon the| filing Of a 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 rais corporation shall be conducted by Q board orl seven directors, to be elected by ths at their annual meeting, which shall be held on the first Mon day in Marcd Of each year. The of fce~s of this corporation shall be e 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 person snail be sliEi- ble as a director unless ne is a bona hde stOckholder of the corporation. Said directors and officers shall hold ohice for one year next ensuing their election, and until their successors are elected and qualified. The boaru of directors shall have power to i'll vacancies occurring on the board of directors. or among the officers of the corporation. The board of di- rectors may also appoint such subOr- dinate officers and agents as it may deem necessary. The board of ci-i rectOrs shall have power fo adopt by laws for the government of tnis not inconsistent with these articles or the laws Of the terri tory of Arizona, and amend the sams.
 The directors for the first year and until the election of their successors at the first annual meeting of stock | A-t AuCIc aA @ A- T. ELILLAAs L. T. CHat- ling, E. A. Tovrea J. J. Bowen, ". B. Kelly. George Buxton and J. M Sparke, and the officers for the first year and until their successors arc ! elected are Pres. de1t k. A. Toyrca: l Vice President J. N. Sparks; Second l Vice President J. J. Bowen Seer. tary George Buxton; Treasurer 8. E. Smith
 Article VI.
 The highest amount Of indebted ! ness CT liability to which the corpora tiOR is at any time % subject itselfI Is the suIo Of Sixty Six TAousa1d Dol-I lars (s6s. .eo6)
 Article Vii. The private propety 0i the stock ! holders Of this corporation is to be z EcInFt .-c1b corporate debts or lia- ts:itg s-s zgtry kind. h witness whereof We have aere unto set our hands and seals this taiTo day Of March, one thousand 1 nine hundred and nine
 A r. SMITH, (Seal.j !
 F. A. TOVRE8. (SeaL.l 1
 J. J. BOWEN, (Seal.) ]
 W. E. KELLY, fSeal.1 !
 GEORGE BUXTON. (SeaL.) l
 ]. M. SPARKS, (Seal) ! Territory Of Arizona