Bisbee daily review., 1913-03-28

which a natural person might and could do in the matter of the trans acting of the business of the corpora ton and in the promotion and man. agement of its interests.
 III. The amount of the capital stock of this corporation shall be- Three Million (s3G00, ,000.00) Dollars, which shall be divided into six Hun dred Thousand (60O. .000) shares of the par value of Five ts5.00) Dollars per share: which shares shall be and must be fully paid up at the date of the issuing thereof, and shall be for eyer non-assessable; but such stock may be paid for in money. services, property, rights. easements, privi- iiges or anything of value, and theI judgment of the board of directors shall be forever conclusive, both asI to actual value of the said stock andI the consideration paid therefor, inI the absence of fraud or any collusiveI agreement.
 IY. The time of the commence-I ment of this corporation shall be- when these articles of incorporation shall be filed for record in the office cf the Corporation Commission of  zona. a certified copy there of re corded in the office of the County Recorder Of Cochise County. Arizona, at Tombstone, Arizona, in which county the principal place of business cG the corporation is to be. and ceTs tificate of incorporation delivered to the corporation by the Corporation Commission of the State of Arizona. The corporation shall terminate twenty-five years from the said date, but it may be renewed from time to time, for periods not exceeding twen, ty-five years, upon the taking of the steps prescribed by law for such re- newal or renewals.
 Y. The affairs of this corporation shall be condUcted by a board of five directors. but the RGmber couStitut- ing the board of directors may be in creased or diminished by the vote Of the stockholders at any annual meet ing or at any special meeting called for that purpose.
 The first board of directors shall be elected at tue first annual meeting ef the stockholders of the corporation, which shall be held at the principal place of business Of the corpor- ation, at Bisbee, Coehise County, Ari. zcna, on the first Monday in FebTu Gry, and the members Of such board of directors shall be elected annually there after at such annual meeting to be held on the first Monday iP February, of each year. The officers of the corporation shall be a President, VicePresident, Seere tary and Treasurer, and the latter two offices may be held by the same person.
 All vacancies in office may be filled by the board of directors and those elected thereto shall hold office un. til the next annual meeting.
 Those who shall serve as the beard of directors until Ire Brat an- nual meeting shall be fIar,ey S smith, Richard D. Nicholas, Joseph i. Cohn, John W. Neeker and John Erickson; and the officers to hold and serve until that time shall be Harvey $. Smith, President Richard D. Mich olas, VicePresident, and Joseph CohH. Secretary and Treasurer.
 VI The highest amount of indebt edness or liability. direct or contin- gent, to which this corporation shall at any time subject itself. shall. in no case, be more than Two Million (s2, ,000, ,e00.00) Dollars.
 VII The private property of the stockholders of this corporation is hereby expressly made and declared e1efnpt from all liability for corporate debts.
 IN WITNESS WHEREOF. We have hereanto set our hands this 2Ist day of December. A. D. 1912.
 HARVEY s. SMITH.
 RICHARD D. NICHOLAS,
 JOSEPH I. COIN
 Cananea, Sonora, Mexico. Before me. Geo. A. Wiswaii. a Cor sular Agent of the United States oi America. on this day per sonaIiy aY peared Harvey s. Smith, Richard D Niehoia and Joseph l. Ccha. person ally known to me to be the person. whose names are subscribed to the ! foregoing instrument, and aclznowI, edged to me that they executed the same for the purpose and considera tion therein expressed.
 Given under my hand and seal oi office this 21st day Of December, 4 D 1912
 | Consular Seai.D
 American Consular Service
 g
 Fee stamp
 GEO. A. wIswAIL. ErnerfIar Aorrf ~f she