Bisbee daily review., 1912-10-17

railroads, elevators, wa or-wo"'Es. gas works, electric works, yiGdJets. aq ie- duets, canals and other water ways roads and tuTnpikes and any other means of transportation. and to sch the same, or otherwise to dispose thereof, or to maintain and operate the same, except that in case of rail roads, tramways, turnpikes or canals. this corporation shall only have power 10 construct and operate the same from its principal works or place of business 10 some navigable stream or to some existing railroad, turnpike or public highway
 tb) Subject to the provisions of law, to acquire by purchase or other. wise, and to sell, dispose of, reissue and otherwise deal in the stock oi this or any other corporation. real estate, mill sites and water rights, and tc erect, own and operate necessary buildings, smelters, mills, machinery and appliances.
 lc) To mine for gold, silver, lead and copper, and other metals and min erals, and to sell. reduce and refine, and otherwise prepare the same for market, and to acquire. OwH. hold [ and control inventions. rights. and let ters patent relating and incident to 1 the mining, smelling and developing of ores.
 td) To conduct and otherwise car. ry on a general merchandise business iel To borrow money, and execute notes, bonds, mortgages or deeds Of trust to secure the same.
 In general, to do any or all of the ! things, herein mentioned, as fully and ! to the same extent as natural persons ! might or could do, and in any part i of the world; having and exercising in I these respects all Of the powers con- 1 ferred upon corporations of this class 1 by the laws of the State of Arizona. 1t | being hereby expressly provided that | the foregoing enumerations Of specific l powers shall be construed both as ob- ] iects and powers, and shall not be held ! tO limit or restrict in any manner the ! powers of the corporation.
 ARTICLE III. The amount Of capital stock Of the | Corporation shall be Three Hundred Thousand Dollars CS3O0. 900. OOJ d.. { yided into three hundred thousand '+A1-i N5 Nt hAtE ldl Ndlue or O4le ltDliaI tSl.00) each. which when issued shall be fully paid and nOn-assessabIe. l Said capital stock shall be issued upon such terms and conditions and at such times as the Board of Dlrec tors may determine or prescribe: and ] the same may be issued in exchange for property. contracts, services or
 other benefits of any kind or charac- I ter accruing to the corporation, as the
 Beard of Directors may in their judg. ment determine
 ARTICLE ".
 The time of the commencement Of this Corporation shall be the date when a certificate of incorpcration is issued 10 said corporation by the Cor poration Commission Of the State Of
 Arizona, and the said corporation. un- less renewed. shall terminate twenty
 five years thereafter; but the same may be renewed from time to time. as
 now provided by law. so as to make the same perpetual
 ARTICLE V.
 The affairs of this Corporation shall
 be conducted by a Board of nine Di. reetors who shall be elected from among the stockholders, annually. at the annual meeting thereof. The an- nual meeting of the stockholders of this Corporation shall be held at the principal office of the Corporation. at Bis0ee, Cochise County, Arizona. on the third Tuesday of the month of November Of each year. said directors. when elected, shall hold office until their successors are elected and quaL fled. and any vacancy in the Board shall be filled by election by the re- maining members of the Board from among the stockholders of the corpor- ation. and shall serve until their sue cessoTs are elected and qualified
 The Board of Directors shall have ihe power te eleet. and appoint ana defnc the duties ef, the olhcsrs, agents. and employees of the corpor- ation; at any general or special meet