Bisbee daily review., 1910-08-04

lease or acquire by license bond. contract, concession, grant or in any and every other way. any lands, mines. mineral rights, water rights and water courses and sources, ditch rights, fumes pipes pipe lines build ings, easements, franchises, rights or privileges, timber lands, gas wells, oil-wells, lime-beds or quarries mach inery plant or other effects whatso- ever which the said corporation may think proper at any time to acquire for any of its purposes; to prospect and search for ores and minerals; to take all necessary steps to locate, denounce or in any other manner ac- quire the title to and right to mine for any such ore, or minerals, to im- prove, develope. mine and grant licenses for mining in and over any lands which may be acquired by the said corporation; and to sell trans fer, mortgage or otherwise convey or dispose of any of the lands, mines mining rights and priveleges and any and all other property. real or person al, of the said corporation; to buy sell, manufacture and deal in minerals, plant, machinery implements. appli snces conveniences, provisions, and all other things capable of being used in connection with mining, operations, transportation, smelting, quarrying, etc. or required by workmen, or others employs sd by the company; to nny and sell at wholesale or at retail goods, wares and merchandise of any and every kind and species, and to main tain stores and establishments for the carrying on of such business at any and every place where the same may be deemed desirable; to con struct carry out, improve, manage, work, control, own and superintend any roads, ways railways, means of transportation and communication mechanical or electrical, bridges, re- servoirs. water courses, acqueducts. wharves, furnaces, mills, crushing works electric works, factories, ware houses, and other works and conven- fences which may be deemed directly or indirectly conducive to any of the objects of the company and to con tribute to. subsidize or otherwise aid, or partake in any such operations to be carried on by other persons. or corporations, for the benefit of this corporation; to own, hold, buy, or otherwise dispose of the bonds de- bentures, notes obligations, capital stock or shares thereof of this or of any other corporation; also to borrow money and to execute the proper notes, bonds, debentures, mortgages, deeds, of trust or other securities to secure the same; to acquire and hold any patent rights and processes secret or otherwise. which may be deemed beneficial to the carrying on of any part of the business of this corpora. tion, as above specified; to lay out and plan townsites and additions of town sites, and to convey, transfer or otherwise dispose of lots or tracts of ground therein; to carry on any or all of the business or operations | hereinbefore specified, either on its own account, or by contract or other. wise for in connection with or on behalf of other persons associations or corporations; and generally, to dc any and ali acts and things, and dc and transact any and all other mat ters and business whatever, Incident al to the purposes aforesaid, and not i contrary to the laws of the Territory of Arizona, or of the United States of America; and the said business may be carried on within the United States or Republic of Mexico.
 ARTICLE V.
 The capital stock shall be Two Hun dred and Fifty Thousand (s25O, O,O0O) Dollars, divided into two hundred and ! fifty thousand (25O O0O) shares of the par value of One (s1OO) Dollar each. and any or all of said stock may be issued fully paid and non-assessable at such time or times and in such amounts and on such conditions as the directors may designate, in ex- change for cash, property, services, or any other valuable right or thing and in the absence of actual fraud, the judgment of the directors shall be conclusive and binding upon the com pany.
 ARTICLE VI.
 The time of the commencement of this corporation shall be the date of the filing of these Articles of Incer- poration with the County Recorder of COchise County, Territory of Arizona and of the filing of a certified copy thereof with the Auditor of the Teri tory of Arizona and the termination of the corporation shall be twenty-five years thereafter with the privilege of renewal, as is now or may be here after be provided by law.
 ARTICLE Vii.
 The affairs of this corporation shah be conducted by a board of five dir ectors all of whom must be stock holders and said directors shall be elected at the annual meeting of the stockholders, which shall be held upon the third Monday of July, in each year.
 F. G. Blackwell, O. c. Wager, C.. A. Burgoon J. O. Bloomquist, and H. s. Hillman. shall constitute the board of directors until the first annual meeting of the stockholders to be held on the third Monday in July 1911. The directors shall elect from among themselves the following officers:
 President Vice-president, Secretary and Treasurer
 The directors bre empowered to make such Bylaws and regulations