Bisbee daily review., 1911-05-07
Leuai Advertisements

leuai Advertisements in, at such time as the Board of Di- rectors may designate, in cash, real or personal property, services, lease, option to purchase or any other val uable right or thing, for the uses and purposes of the Corporation and all shares of Capital Stock, when is- sued in exchange therefor. shall thereupon and thereby become and be full paid the same as though paid for in cash at par, and shall be non assessable forever, and the judgment of the Directors as to the value of any property, right or thing acquired in exchange for Capital Stock shall be conclusive.
 ARTICLE IV-The time of the Commencement of the Corporation shall be the day these Articles are filed in accordance with law, and the termination thereof shall be twenty-fie years thereafter with the privilege of renewal and right of perpetual succession as now pro yided by law.
 ARTICLE V.-The affairs of this corporation shall Dc conducted, by a Board of not less than three nor more than seven Directors, by whom a president, vice president, secretary and treasurer shall be elected and a general manager, assistant secretary and assistant treasurer, and such other officers as the Board of Di- rectors may deem necessary may be appointed. The number of Directors shall be designated or fixed by, and shall be elected from among the stockholders on the first Wednesday iE January of each year. Until the first annual meeting of the stockhold- CTS, and until their successors are elected and qualified the number of directors shall be five and the fol looing named persons shall be di- rectors: Pedro D. Robles, l Maeman- US, c. I MeReynolds, J. L. Carraneo and H. H. Hosford.
 ARTICLES VI.-The Directors shall adopt bylaws for the government of the Corporation and may rescind or amend the same. They shall have power to fill vacancies occurring in the board from any cause and to appoint from their number an Exec utive Committee, which, to the ex tent provided by the said bylaws, shall have and exercise the same power granted by these articles.
 ARTICLE VI.-The highest amount of indebtedness or liability to which the Corporation is at any time to subject itself is TWO HUNDRED THOUSAND DOLLARS
 ARTICLE VIII.-The private prop, rty of the stockholders of the Cor poTation shall be forever exempt from corporate debts of any kind what soever.
 IN WITNESS WHEREOF. We hereto aftN our signatures this 3rd day of February, 1911.
 P. D. ROBLES,
 J. L. CARRANCO.
 c. I. McREYNOLDS.
 HUGH II. HOSFORD.
 l. McMANUS.
 l, Geo. 4. Wiswall Consular Agent of the United States Of America, at Cananea. Sonora, Mexico, do certify that the signatures of Pedro D. Robles, Jose Luis Carranco, I Mac manus. C. !. McReynolds and Hugh Fl. Hosford are their true and gen uine signatures. made and acknowl- edged in my presence, and that said Pedro D. Robles, Jose Luis Can ranco. l Macmanus, c. l. McReynolds and Hugh H. Hosford arc person ally known to me.
 ]. IN WITNESS WHEREOF | hae hereunto set my hand and affixed my seal Of office at Cananea. Sonora, Mexico. this 3rd February. 1911 and of the independence Of the United States, 18th year.
 (Seal) GEO. 4. WISWALL.
 American Consular Agent. American Consular Serice Fee Stamp S2.
 Filed and recorded at the request of C. I. McReynOlds, Feb. I. 1911 at g a. m. in Book Articles of Incor- rorations at page 195, f96 and 197.
 C. A. MCDONALD.
 County Recorde. B JOS A. IVEY,
 T0sv,