Bisbee daily review., 1913-07-24
'oard of Directors may De held
THIRD

THIRD
 The general nature of the business proposed to be transacted by this cor pCratlon. shall be as follows, to-wit: To ear-y on a general mercantile business, either within or without the State Of Arizona. and to handle the same as if owned by a private in. l dividual; to make contracts for the purchase of such merchandise. and to purchase or sell the same and to buy the same either in wholesale or re- tail quantities: to own. exchange. sell or in any wise dispose of goods, wares and merchandise. and to pledge mort gage or hypothecate the same. or anr other kind of goods, wares and mer chandise, and in general. to do any and all things necessary to the proper conduct of such business of this cor poration, which are not inconsistent with the laws Of the said State of Arizona.
 FOURTH
 The authorized amount of capital of this corporation shall be s250OO. co. divided into 25000 shares of the par value of One (S1 .00) Dollar per share. | At such times as the Board of Di- rectors may by resolution direct, said capital stock to be paid into the cor poration. either in cash or merchan- iise. by the sale or transfer Of person al property for the use and purpose of this corporation, in payment for which shares of She capital stock oi said corporation may be issued. ana the capital stock SO issued shall there upon and thereby be and become full " paid up and forever non-assessable and iE the absence of fraud in the ransac action, the judgment Of the di -ectors as to the value of the pur ihase of the property, shall be con 'lusive.
 The time of the commencement of his corporation shall be the date of he fling of certified copy of these Articles of Incorporation according to 1w and the termination thereof shall e twenty-five years thereafter.
 SIXTH
 1 The affairs Of this corporation shall | e conducted by a Board of five Df 1 -ectors, and the following named per | sons shall constitute the Officers and Goard of Directors. until their sue. ressors are duly elected and qualified | Charles L. Verdugo, President and General Business Manager; 1 Charles Borgatta. Treasurer;
 Rafael Behave, Secretary: | Peter Rosie and Andres c. Val snzuela, Directors.
 | Thereafter the Board of Director shall be elected from among the stock holders Of said corporation on the 5econd Monday in January of each year.
 SEVENTH | The highest amount of indebtedness CT liability direct or contingent. tC which this corporation shall at any lime subject itself shall not exceed the sum of Twenty Five Hundred | tS2, ,500.00l Dollars.
 EIGHTH
 The private property of the stock holders Of this corporation, shall al 1 all times be exempt from corporate l iebts and liabilities.
 IN WITNESS WHEREOF. all the larties hereto. have Eereunto set theii bands and seals, at Bisbee, Arizona this ... day of June, 4. l.. 1915. CHARLES L. VERDI GO. CHARLES BORGATTA, RAFAEL ECHAVE,
 ANDRES C. VALENZUELA. PETER BOSIO. STATE OF ARIZONA, COUNTY OF COCHISE.
 Before me, s. K. Williams, a Notary Public, in and for the County Of Go , chise, State of Arizona on this day personally appeared Charles l.. Yer [ iugo Charles Borgatta. Rafael Behave Peter Bosio and Andres C. Valenzu ala. known to me to be the persona whose names are subscribed to the foregoing instrument, and acknowl ! edged to me that they executed thS same for the purposes and considera ! ions therein expressed. Given under my hand and seal o office, this 7th day of July A. D. 1913 Ny commission expires Feburar, 8, 1916.
 ! tseaL) s. K. WILLIAMS, Notary Public in ard for the County of Cochise. State of Arizona.
 Filed in the office of the Arizona Corporation Commission this 14th da! of July. A. D. 1913 at 10:00 a. m. a request of s. K WILLIAMS, who's, post office address Is Blsbee, Arizona ARIZONA CORPORATION CoMMIS SION.
 By W. P. GEARY Chairman
 State or Arizona, County of Co chise.
 I. owen L. Murphy. County Record CT in and for the County and Stat aforesaid, do hereby certify that th' within instrument was filed for record at I0:39 o'clock, a. ID. or this 18th day i, of July 1913 and duly recorded II Book No. of Incorporation records ! of Cochise County. Arizona, at page' iS0-f-2. Witness my hand and oflcia seal the day and year first above ~ written.
 i fSealA OWEN F. MURPHY,
 County Recorder