Bisbee daily review. [volume] (Bisbee, Ariz.) 1901-1971, 1910-07-29
~ MINING, MARKETS, FINANCIAL X

zununEzEu1Hun
In the District of Columbia. and an,
and all foreign contries. and To hav.
one or more officers therein, and Z,
hoid, purchase. mortgage and conye,
real and personal property without
hmit as to the amount therein. but
always subject to the laws thereof
I'd To remunerate any person
or corporation for services rendered
/ or to be rendered, in placing. or as
sisune to place, or guaranteeing the
placing OF any of the shares of stoc.
OF the corporation. or any debentures
kor other securities OF the corpora
non' or In or about the formation OF
promotion OF the corporation. or IA
the conduct of its business
tk) Subject to the provisions nj
law to purchase. hold. sell and re-
issue the shares of capital stock o,
THIS or any other corporation.
The foregoing clauses. (a) In M
inclusive. shall be construed both as
objects and powers.
In general to carry on anv othe,
business in connection with the foro.
gong. whether manufacturing q,
otherwise, and to have and 10 o.
ercise all the powers conferred unor
corporation by the laws Of the re-
Srltory of Arizona. il be,ng -,
expressly provided that the FORE
going enumeration OF specific powars
snah not be held to limit or "a
sulct In any manner the powers =,
the corporation. Vi
ARTICLE H.
The amount of the capjtaI stool,
VI this corporation shall ha p,,.-,
thousand Dollars (s5OOOo Ool d;v,daJ
INTO Five Thousand (5O0o, sharaa
OF the par value OF Ten DoI,..1
'SiU.oO) each, which, when issyad
Snai De fully paid and non-assess'
aoie' said capital stock shan 30
issued upon such terms and coma,
'iohs ana at such times as the Roard
OF directors may determine or
scribe; and the same may be issned
IN exchange for property. contr.c,s
services or other benefits OF a.,
KIND or character accruipp 70 a.
corporation, as the Board Of n;rao
soIs may In the exercise Of their
Judgment determine.
ARTICLE Nv.
Inc time of the commencanar, -,
this corporation shall be the dav 81,
nedlateiy following the dav rnor
winch a certified copy of these Arti.
cles are filed with the Auditor NJ AZ
territory Of Arizona. and the sotS
corporation, unless renewed shou
terminate twenty-five C25) vears
hereafter; but the same NAV no -
neWed from time to time as now
provided by law. so as TO mako the
same perpetual.
ARTICLE v.
The affairs of this corror,.;or
snAil De conducted by a board OF no,
less than three nor more than five
directors. who shall be elected from
among the stockholders annuauv AZ
the annual meeting thereof Tbe an.
hual meeting of the stockboIders =,
'.is corporation shall be held at
the principal Office OF the cornora-
tion, at Bfsbee. Cochise Comfy All
zoha' on the second Monday Of Arm
OF each year. Said directors when
SO elected, shall hold Office min
'Heir successors are elected and
Qualified. and any vacancy in ,be
board shall be filled by election NV
me remaining members of the hoard
from among the stockholders OF said
The Board Of Directors shan have
power to elect or appoint and aa-
line the duties of the officers agent.
ana employees Of the corporation. Al
any general or special meeting to
ADOPT bylaws for the corporation.
and to amend. repeal or rescind The
same; and when authorized by the
affirmative vote OF a majority Of tho
issued and outstanding capital stock
d the corporation. to lease. MORTGAGE
sen convey, or otherwise dispose OF
III OF the assets of this corporation.
'r 10 lease, mortgage, sell. convey
Or otherwise dispose of. any mart
less than the whole of the corporate
assets of this corpratin without sucb
authority. SUI"
Until the first annual meeting Of
me stockholders. IN 1911. or until
ther successors are elected and
qualified, the following named ner.
sons shall constitute the Board of
directors Of this corporation. viz:
John W. Pitts, Leonard F. Mont. |
somery and Jay c. Raub. and said
persons are hereby given the mower
20 elect by a majority vote not more
han two additional directors il they
see fit The persons so elected SHAH
serve until the first annual meeting
of stockholders. or until their success
ors are elected and qualified.
The officers OF this CORPORATION
shail be a President, Vice President,
Secretary. and Treasurer. together
with such other additional officers as
he Board Of Directors may deem
necessary; PROVIDED. HOWEVER.
that the Offices of Secretary and
Treasurer may be held by one and
The same person.
ARTICLE vi.
The highest amount Of indebted !
ness to which this corporation shall
at any time subject itself Is Thirty |