Bisbee daily review., 1911-07-27

] htEIS UT OluCI lloptAtJ UT Hudt soever kind or nature, for tele
 phone exchanges. telephone and tele
 graph equipment, telephone and te'
 egTaph lines and systems, in what soever state. territory. colony oI country situated. and for rights, priv.
 ileges and franchises to constrc1 equip. operate and maintain tele [ phone and telegraph lines and sys. ! tens. in any state or territory or colony of the United States. or of any foreign country.
 ti0) To acquire by lease, pur. l chase, condemnation or otherwise and to own. hold, sell, mortgage or otherwise dispose Of. real and per scnal property, as may be necessary, l convenient or proper for the sue | cessful conduct of the business for which this company is organized. CID To borrow money and incur such indebtedness as in the judg. ment of its board of directors may be deemed necessary or proper in the conduct of its business, and to issue it's bonds, debentures or other evidences of indebtedness therefor, and to secure the payment thereof by mortgage or deed of trust upon any or all of the company's proper ty, real, personal or mixed, includ- ing any and all right. privileges or franchises which it may own or ac- quire.
 Q2) To take over. acquire. pur. chase by deed. conveyance, assign ment or otherwise. and in any man. ner acquire, control. hold, own, main tain. operate. improve or extend, the telephone lines, exchanges and sys. tems, franchises, rights of way, physical properties and rights and privileges Of every kind and char acter, owned CT controlled by the Rocky Mountain Bell Telephone Con- pany in the states of Utah, Mon tana, Idaho, Wyoming or elsewhere, and to use or operate the same inl connection with or independently or the properties and franchises of this company, located elsewhere than in said states, and to sell, mortgage. lease or otherwise dis pose of any such physical property. Franchises or rights so acquired or to be acquired.
 t12) To purchase, acquire and take over as a going concern or otherwise, and to carry on. main tain and operate, all or any part Of the property, franchises, rights of every kind and character or bus mess, Of any person, firm or corpora ton, possessed thereof, which can be incidentally used for any of the purposes of this company, or for carrying or any business which this company is authorized to carry on. and as the consideration for the same, to pay cash or to issue any stocks. debentures, bonds, or obliga- tions of this comrany, and ia con usction with any snch transaction 70 assume or guarantee any iiabiE- ties relating 10 the business or property. franchises, rights Of every kind or character, or business so purchased, acquired or taken over, and likewise to issue stock for ser vices rendered to this company, ana stock issued in payment for such property or services shall be full paid stock, and not liable to any further call or payment thereon. and In the absence of actual fraud in Inc transaction, tke judgment of the directors as 10 the value of the property purchased or srevices rend- cred shall be conclusive.
 (l4) The board Of directors may by resolution passed by a majority of the whole board, designate in the manner provided in the bylaws three or more of their number o constitute an executive committee, which committee shall act by majority vote Of a quorum, and shall, to the extent named in the by- laws, have and exercise the man. agement of the business and af- fairs oI the company. subject, how ever. to the approval and direction of the board of directors.
 (l5) Generally tD carry on or undertake any and all business oi the same general nature, which from time to time seem to the directors Of tlhs company capable of being conveniently carried on in connec lion with the above mentioned ob- iects. or calculated directly or in- directly to render valuable or en. hance any of the company's privi. liges or rights.
 III.
 The lines of telephone and teie- grath of this company shall begin et Denver, Colorado, and shall pass into and through every county in the state of Colorado and into and to all cities and towns thereof, and out of the state of Colorado into the territories of New Mexico and Arizona and the states of Utah, Mon tana, Idaho ana Wyoming and aa- Joining states, and shall pass into and through every county of said states and territories and into and to all the cities and towns thereof. l
 ".
 The capital stock of our said company is fifty million (SJO,O0B. o0000) dollars, divided into five hundred thousand (5O0,e00) shares Jr the par value Of one hundred | fs100.G0) dollars each.
 V.
 The number of directors of our l said corporation shall be elevea CID, | and F. P. Field, Edw. B. FielI. | IT,, Crawford Hill. Edwin s Kass Ter, Philip Feldhauser, w. l.. Ora ! ham, A. V. Hunter, E. NJ. Burgess. !