Bisbee daily review. [volume] (Bisbee, Ariz.) 1901-1971, 1910-02-02

(a) To receive deposits: 10 dis
count AID negotiate promissory notes, !
drafts, Bills OF exchange and othei
evidences OF debl; TO buy and sell eX
change. coin and bullion: and TO col |
lect for others money due them on /
nO,es. checks. drafts bills of exchange |
paper or other evidence F,
Of indebtedness.
10 To act rs escrow agent.
(cl 10 borrow or raise money by
the issue Of its notes. dehentures, or
other form Of obligation. and, If nee-
cssary and advisable. to secure The
payment OF the same by the deposit
OF stock. securities. or other personal
property, as collateral for said pay
ment: or by executing mortgages.
liens or other form OF security on am
OF the property Of said corporation,
real. personal or mixed.
I'D To loan money: and. when ad-
visabie. 70 require and receive a mort
gage on real property. or a deposit
and pledge of or mortgage on personal
property. or other proper security, Tor
the repayment OF same.
! te) To draw. make. accept, endorse
discount. execute and issue promis-
sory notes. bills of exchange, was-
rants. bonds. debentures and other
negotiable or transferable instru-
/ ments.
tD TO enter into. make, perform
and carry out contracts of every kind
and for any lawful purpose with any
firm. person, association or corpora
ton
tg To purchase, or otherwise ac
quire. and 10 hold. own and enjoy.
and to mortgage, convey. or other
wise dispose of. property of every
kind. character and description, re2
personal OF mixed.
| (h) To purchase or otherwise ae
Cuire and deal in and to hold, sell OF
otherwise dispose OF the shares o.
this or any other corporation. And
10 buy. sell, take, own. hold and dea
in bonds. mortgages. pledges, chose
in action. judgments, inventions
|, trade marks. patents. licenses, priv
leges. options and property of ever.
: kind and character.
ARTICLE g. The-amount of n
capital stock OF this corporation shal
Ibe' TWENTY FIVE THOUSANl
TWO HUNDRED AND FIFTY (25o
/ DOLLARS (25.0Oe.0O). divided int
q | shares OF the par value of ONE HUI
DRIED DOLLARS (s10000) eacl
; which. when issued, shall be fully pal
Z and worcestershire.
Said stock shall be issued for cas-
only. and at not less than par, "a
: shall be issued under such other tern
: and conditions and at such times Z
the Board Of Directors may determir
+ OF prescribe.
d ARTICLE T. The time Of the cor
mencement OF this corporation sna
be the day Immediately following Il
o day upon which a certified copy
these Articles are filed wltn the Au
itor OF the Territory of ArirU.sa, Al
s the said corporation, unless renewe
e shall terminate twenty-five t25) yea
: thereafter. but the same may be J
newed from time TO time as now ~
= yided BY the laws OF said Territory
n as TO make the same perpetual.
ARTICLE 5. The affairs Of tn
e corporation shall be conducted ~
s Board Of not less than three nor mo
D.. than seven directors. who shall
elected from among the stockholda
d annually, at the annual meeting ihei
4 Or The annual meeting of the stoC
holders Of this corporation shall
4 held At the principal Office Of the cC
z poratiOn, at lowell, Cochise CouDi
!, Arizona. on the first Monday
a March. Of each year. Said director
I ~ hon ftfr
~ their successors are elected and gu
Tiled, and any vacancy in the Boa
shall be filled b. election by the
naming members Of the Board fro
among the stockholders Of said G
= poration.
= said Board OF Directors shall Ia
N the power to make bylaws and est
hsh al rules and regulations nee
a. sary for the management or TIE
IL fairs Of this corporation not inconsi
ent with these Articles or with I
he laws OF the Territory Of Arizona or
p. the United States OF America.
Until the first annual meeting
&c stockholders. or until their successc
are elected and qualified. the folio
ING named persons shall constitu
the Board OF Directors OF this corp
alton. ". II. Brophy. n. J Cunnll
, h8m, aud l.. c. Shattuck.
~ The officers Of this CORPORATE
ne shall be President. vice-Preside
n and Cashier. together with such o
IS er additional officers as the Board
r. Directors may deem necessary for
q proper transaction Of the business
this corporation
ARTICLE G. The highest smo.
AZ Of Indebtedness to which this corp
" alton is at any time 10 subject its
is sixteen thousand. six hundred a
~ sixty six dollars (lSI6.66e. O0).
er. ARTICLE Z. The private prope
=. of the stockholders and officers OF I
or cooperation shall be exempt from
an and any liability for its corpor;
debts
- IN WITNESS WHEREOF the g
=, corporatoTs have hereunto set tn
= hands and executed these preset
this z2nd- day Of January 1910.