Bisbee daily review., 1910-02-12

(g) TC purchase. or otherwise ac- i quire, and to hold. own and enjoy. l and to mortgage. convey. or othe-- !, kind, character and description. real personal or mixed.
 (h) To purchase or otherwise ac- cuire and deal in and to hold. sell or otherwise dispose of the shares Of this or any other corporation. And 10 bur. sell. take, own. hold and deal in bonds. mortgages. pledges. choses in action. judgments. inventions. trade marks. patents. licenses. priyi- leges. options and property of every kind and character
 l ARTICLE 3. Tho amount of ,he capital stock of this corporation shall be TWENTY-FIVE THOUSAND DOLLARS (25.O0ooo). divided into TWO HUNDRED AND FIFTY (250) shares of the par value of ONE HUN DRIED DOLLARS (l0000) each, which. when issued. shall be fully paid and non -assessable.
 Said stock shall be issued for cash only, and at not less than par. aud shall be issued under such other terms and conditions and at such times as the Board of Directors may determine or prescribe.
 ARTICLE 4. The time of the con- mencement of this corporation sna's he the day immediately following the , day upon which a certified copy of these Articles are filed wits the Aud itor of the Territory of Arizvna, ard , the said corporation. unless renewed ] shall terminate twenty-five (25) years , thereafter. but the same may be re r newed from time to time as now pro } vided by the laws of said Territory 50 ' as to make the same perpetual.
 ARTICLE 5. The affairs of this corporation shall be conducted by a '' Board of not less than three nor more
 than seven directors. who shall be elected from among the stockholders !, annpa 'ly. at the annual meeting there ? Of. The annual meeting of the stock holders of this corporation shah b. !, held at the principal office of the cor
 poration. at Lowell. Cochise County
 Arizona. on the first Monday il
 March, of each year. Said directors when so elected. shall hold office unti T their successors are elected and qua ', flied. and any vacancy in the Boar shall be filled by election by the re
 maining member of the Board froz g. among the stockholders of said co 'f poration.
 Id Said Board of Directors shall hay al the power to make bylaws and estai O. fish all rules and regulations necc " sary for the management or tse 9 l.. fairs of this corporation not inconsis Id ent with these Articles or with .h d laws Of the Territory of Arizona or H. the United States of America. III Until the first annual meeting ad stockholders. or until their successo
 are elected and qualified the foilor n- ing named persons shall constitu ,x- the Board Of Directors Of this corpc y. ation: w. II. Brophy. NJ. J Cunnin i'd ham. and L. c. Shattuck. m- The officers of this corporatic
 shall be q President, Vice-Preside th and Cashier. together with such ot
 CT additional officers as the Board
 Directors may deem necessary for t
 proper transaction or the business
 this corporation
 ARTICLE 6. The highest amou
 of indebtedness to which this corp,
 ation is ct any time to subject it's n is sixteen thousand. six hundred a
 sixty six dollars ((s16.6 6.66600).
 ARTICLE '. The private proper ,F Of the stockholders and officers of il or. corporation shall be exempt from - and any liability for its corpora
 debts
 - IN WITNESS WHEREOF the 8; on corporators have hereunto set thu Of hands and executed these preser ltn this 22nd. day of January, 1910. wl- W. H. BROPHY.
 or NJ CUNNINGHAM
 r CuATrTTrV