Bisbee daily review., 1910-02-25

own. operate and maintain Of every
character of power plant. wuetde-
electrical. steam or water-power: 90
To acquire. own and hold the stock
or shares OF any other corporation
anywhere. TO issue bills OF exchange,
notes and other obligations az every
character not in excess OF the Unit
herein fixed; TO enter into contracts
CT every character with other firms.
corporations or Individuals. 10 ,ake
part in the sale and delivery OF its
stock upon such terms ana CONDITIONS
as its officers may deem authorized;
to lend and borrow money, and 10
take in title or In trust the shares
or Obligations OF any other company
for such purpose.
III The capital stock OF this cor
poratiol shall be the sum OF six hun
, dred thousand dollars (sG0O. 0O0). d.
yided into six hundred thousand
shares of the par value of one dollar
| ts1.0o) each, and when issued to the
stockholders shall be full paid an non
assessable.
/ ". This corporation snail com
mence from the date OF the filing CT
its articles in the Office OF the audit-
or of the territory OF Arizona and the
recorder of the County of COchise,
Arizona and shall endure for the pc
riod OF twenty-five years from such
time.
Y Tho offa;r Of ,i,fs co,.,ora+ fo,,
i shall be conducted by board OF five
directors. but the number OF said
board Of directors may be increased
or diminished by vote of the stock
holders at any annual or special meet
ing called for that purpose Those
who shall serve as such board for the
first year are b. L. Moline. F. r. Viii
liams and NJ. l. MeKelligon. of Bliss
/ bee. Arizona and p. r. Crowell and H.
S. Smith of Cananea. Sonora. Mexico.
The officers shall be a president. vice
! president, secretary and treasurer, and
the officers for the first year shall be
b. l.. Moline. president: f. r. viii
liams, yice-pres.dent. and p. r. Crow
ell, secretary and treasurer. The
board Ct directors may from Tune to
determine the number and selection of
such other officers as they see lit 10
select The board of directors and the
officers shall be selected at the a-nua,
meeting Of the company which shall be
held at its principal Office in Bisbee.
Arizona. on the second Tuesday in
February of each year. The company
may maintain branch Offices and con
duct rs business az any place tine
beard of directors may determine.
VI. The highest amount of indebt
edness or liability to which the cor
poratiCn shall at any time subject IL
self is the sum of four hundred thou
sand dollars. and the private property
of stockholders shall be exempt fron
corporate debts.
Witness our hands this 18th day 0,
February. 1910.
b. l.. MOLINE,
H. S. SMITH.
NJ. /. McKELLIGON,
F. r. WILLIAMS.
Territory OF Arizona. County OF CO
chise.
Before me Edw. ]. Flanagan. a no
tary public in and for said County o
lCOchise. Territory Of Arizona, en- thi
day personally appeared b. L. Moline
II. S. Smith, F. r. Williams and N. ]
Mckelligon, known to me TO De TN
persons whose names are subscribe'
70 the foregoing Instrument. and &C
knowledged to me that they execute,
The same for the purpose and consid
Grafton therein expressed
; Witness my official signature al,
seal this 10Th day OF February. 1910
Ny commission expirest June
1911
| (SeaD EDW. J. FLANAGAN.
Notary Public