Bisbee daily review., 1913-06-08

1 amend the same. Fifty one per cent oi the stock issued can recall any Direc tor or other officer, and. meeting of stockholders can be held at any time upon upon the initiation and call oi one director, provided he has the written sanction of a majority of the outstanding stock. to call the same, which sanction must be shown at such meeting. The three directors named in these Articles shall hold office until 1 the first annual meeting of the stock. holders and until their successors are elected; and. at such first an. | lual meeting three directors shall be | elected, by the stockholders. and of i these three directors, one shall he elected for one year and another for tTc years and the other for three ears and but one director shall be elected annually thereafter. After the acquisition of the mining property. belonging to Albert lief fern, and which this company shall en- deayor to purchase. the board of di- rectors shall not subject the company 10 any indebtedness aggregating a sum over ten thousand dollars. except by vote of a majority of the out. standing stock at regular or special meeting of the stockholders. Treasury, stock shall at no time be voted: only issued stock is entitled to be voted and each share of outstanding stock lis entitled to one vote. Of the directors elected, one of them shall be elected by the stockholders as General Man ager of the properties of the company. but in no case shall such Manager be elected who is not a practical and eX- perienced miner and experienced in the management of mining property. No real estate belonging to the com parry or upon which il may have an option, or in which it may have an interest shall be sold, hypothecated or disposed of by the directors or other officers, except it be by authority of vote of majority of the outstanding stock or stock issued at a regular meeting of the stockholders or a spe. cial meeting thereof A majority of the board of directors shall consti- tuta a quorum and the board of di- rectors shall have power to fill any vacancy which may at any time exist in it's body.
 The highest amount Of debt or lia- bility, direct or contingent, for which the corporation is at any time to sub ject itself shall, in no case exceed the sum Of three million dollars, and the stock of this corporation shall for ever be non-assessable.
 Private property is exempt from the payment of corporate debts No more treasury stock shall be sold or disposed of than is necessary to place the company upon a dividend paying tssis, at which time, the remaining stock in the Treasury, may be dis posed of as a dividend among the then shareholders; or used for the better r,ent or the extension of the com pany's holdings. as is best in the opin- ion of the majority Of the stockholders at a regular or special meeting of the stockholders.
 In Witness Whereof. the said in Corporators have hereunto set their hands and seals this the 18th day of May 4. D. 1913.
 ALBERT HEFFERN (Seal)
 ALBERT DAHLBERG, CSeal) State of Arizona
 )ss. Cochise County.
 Before me. Frank W. Goodbody, a Notary Public in and for sad county and state. on this day personally ap. peared Albert Heffern and Albert Dahlberg, to me personally known to be the persons who subscribed the foregoing instrument, and acknowl- edged 10 me that they executed thei same for the purposes and considera- { ton therein expressed. Gigen under my hand and seal of ofHce this the 18th day of May A. D. 1 1913. My commission expires Feb'y. 2srd, | 1916.
 FRANK ". GooDBoDY. 1
 Notary Public l Filed and Recorded at request of Allen R. English May 31st 1913 at , a. m. Book 6 Interpretations. Pages 5S. 59, 60, el
 OWEN F. MURPHY,
 County Recorder. State of Arizona
 )ss. -opnty of Cochise.
 :. Owen F.. Murphy. County Record er in and for the County and State aforesaid. do hereby certify that the within instrument was filed for record at z o'clock. a. m. on this 3ist day of Way 1913 and duly recorded in Boo.; No. C of Interpretations Of COchisel ,oaniy, Arizona, at pages 5S-61.
 Witness my hand and official seal he day and year first above written. seall OWEN E. MURPHY.
 ss kf County Recorder Filed in the office of the Arizonai 'orporation Commission this 20 dag ,f May. A. D. 1913, at 10:00 a. m. al ; 'equest of Allen R. English. whose 'ost office address is Tombstone, Ari- .ona. s ARIZONA CORPORATION CobrMIs-
 SION
 By W. P. GEARY. Chairman.