Daily Arizona silver belt., 1910-01-13
LEGAL ADVERTISEMENTS

| authorized capital stock shall be fifteen thousand dollars ($l5,000) divided into one hundred and fifty shares (l50) of the par value of one hundred dollars l (Sl00.) each. From time to time the capital stock may be issued in such amount and for such purpose as shall be determined by the Board of Direc- tors and as may be permitted by law. l FIFTH: The Directors of the cor poration shall be elected annually until otherwise provided by the bylaws.
 The Incorporates may at the organi- zation meeting, and the Directors may at their first meeting, or at any subse- quent meeting, provide by app opriate by laws fo rthat purpose for the num- Der of Directors, for their election, for an increase or reduction in their mum. Der, or their division into classes, in respect of the time for which they shall seyerally hold office, and as to any and 1 all other matters concerning the regula- 1 ton of the affairs of the company no in- consistent with the Laws Of the State of Delaware or of this Charter.
 The Directors shall have the further power to provide, by the bylaws or oth- erwise, for the selection from among | their own number of the Executive | Committee of such number as they may l from time 10 time designate, and to delegate to such Executive Committee all or any of the powers of the Board of Directors, in so fal as the delega. tiOn of such powers is not contrary to law
 SIXTH: The names and post office addresses of the incorporators, and the number of shares subscribed for by
 each, the aggregate of which, One thousand dollars ($1 ,000 is the amount of capital stock with which this cor poration will commence business, arc
 as follows:
 Names Post Office Number of
 Addresses Shares Subscribed Edward M. Weary. -......
 Alfred Hector .............
 | Louis Cohen ...............
 37 Wall Street, New York City !
 37 Wall Street, New York City 1
 37 Wall Street, New York City
 SEVENTH: The duration of tho
 company shall be perpetual.
 EIGHTH: Neither the private prop
 erty of the stockholders nor that ot any
 of them shall be subject to the payment of any of the corporate debts of ths
 company.
 NINTH: l. The Board of Direc tors shall have power, without the as sent or vote of the stockholders, iron , time to time, to make, alter, amend anC rescind the bylaws of this corporation | e Al. 4p ha Q, working capital, and to authorize ant cause to be executed debentures, mort gages and leases upon the real and per ;, naI property if tho corporation ?. The directors snail have tiG pOV g } t1 sell, assign, trG':sfer, convey an' ' otherwise dispose of part of the l property assets and effects of the corpor ation, less than the whole or substan italy the whole therof, on such term and conditions as they shall deem 1t , right and just, without the assent. ot , the stockholders in writing or other } wise. But the directors shall not hav' the power to sell, assign, transfer, con vey or otherwise dispose of the whole or substantially the whole of the prop erty, assets, effects, franchises an' : goodwill of the corporation except witt l. the assent in writing, or pursuant t the vote, of the holders of three-fourth of all the capital stock of the compan, 3 issued and outstanding.
 3. The Board of Directors, in addi tion to the powers and authority ex 7 pressed conferred upon them by statut and by the bylaws, are hereby empcw cred to exercise all such powers and d. 9 all such acts and things as may be ex ercised or done by the corporation, bu : subject nevertheless to the provision
 of the statutes of the State of Della l ware, of this Charter, and to any regu