Bisbee daily review., 1911-07-28


 graph equipment. telephone and tel
 egraph lines and systems, in what
 soever state. territory, colony ol
 country situated, and for rights, priv
 ileges and franchises to constrct
 equip, operate and maintain tele
 phone and telegraph lines and sys
 tens. in any state or territory O. colony of the United States, or oi any foreign country.
 t10l To acquire by lease. pur
 chase, condemnation or otherwise and to own. hold, sell, mortgage or otherwise dispose of, real and per. sonal property, as may be necessary, 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 it's board Of directors may be deemed necessary or proper in the conduct of it's 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 I ty, real. personal or mixed, includ- ing any and all right, privileges or 1 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, i physical properties and rights and 1 privileges ot every kind and char acter, owned or 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 h connection with or independently of the properties and franchises z.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.
 l2) 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 On 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 company, and ia con nection with any such transaction Co assume or guarantee any liabiE- ties relating to the business or property. franchises, rights of every kind or character, CT business so purchased, acquired or taken over, and likewise to issue stock for ser vices rendered to this company, and stock issued in payment for such property or services shall be full paid stock, and not liable to auy further call or payment thereon, and -n the absence of actual fraud in he trDnsaction. tie judgment Of the directors as to the value of the property purchased or srevices rend- cred shall be conclusive.
 (14) 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 to constitute an executive committee, which committee shall act by majority vote of a quorum, and shall, 10 the extent named in the by- laws, have and exercise the man agement of the Business and af- fairs Of the company, subject. how ever, to the approval and direction of the board. of directors.
 (15) Generally 10 carry on or undertake any and all business Of the same general nature, which from time to time seem to. the directors Of this company capable of being conveniently carried on in connec uion with the above mentioned ob- iects, or calculated directly or in directly to render valuable or en- nance any of the companys priyi lises or rights.
 The lines of telephone and tele- graph of this company shall begin at 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 and Wyoming and au- 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 |
 fy
 The capital stock of our said company is fifty million (s50O00 Ge0.00) dollars. divided into five i,undTed thousand (500.000) shares Of the par value of one hundred tsl0000) dollars each. ft "
 The number of directors of our said corporation shall be eleven CID. and E. F. Field, Edw. B. Fiell, :. dr., Crawford dili, Edwin S Kass Ter, Philip Feldhanser, W. l.. Ora ham. A. V. Hunter, D. M. Burgess. ! Philip Hamlin, l.. C. Phipps. Jr.. and J. F. Macdonald are hereby designated and shall constitute the board of directors who shall man l age the affairs Of said compang l and serve for one year and until | rbrfr --.a