Bisbee daily review., 1913-12-18

road equipment, the transp portation Of gods, merchandise or passengers upon land or water; to purchase, i'm provement or sale of lands.
 To acquire and undertake all or any part of the business, assets and liabil. ities of any person, firm, association or corporation.
 To buy, hold, own, and sell stock in any corporation. or bonds issued by any corporation.
 To enter into. make, perform and carry out contracts of every kind with any person. firm, association CT corporation.
 In general, to carry on any other business in connection herewith, whether in transportation, or con struction or otherwise; with all the powers conferred by the laws Of New Jersey upon corporations under the act herein mentioned.
 This corporation shall also have power to conduct its business in all ', it's departments, have one or more offices, and unlimitedly to hold, pur- i chase mortgage and convey real and i personal property, outside of the State of New Jersey. and in all other States and Territories, and ir all for i eign countries.
 1 FOURTH: The total authorized capital of this corporation is Thirty
 five Million Dollars (S35, 5,O00. .00O), divided into Three Hundred and Fifty f Thousand (350.00O) shares of the par value of $1OO. each.
 FIFTH: TheHames and post office addresses of the incorporators. and the number of shares subscribed for by each, the aggregate of such sub scriptions being the amount of cap.
 itaI stock with which this company
 will commence business are as fol
 lows:
 i NAME. POSTOFFICE ADDRESS I NUMBER OF SHARES. I CHARLES VI. PARSONS, No. 90 . West 9ith St, New York City, Ten
 Shares;
 i WILLIAM ". CARAVAN, Summit
 New Jersey, Ten Shares: ! ERNEST D. INGALLS,. Hastings ! cn-the-Hudson, New York, Ten !. saares;;
 Il WILLIAM JAY HUNT, Montclair New Jersey, Ten Shares; -t FRANK WILSON, Ridgewood, New
 Jersey, Ten Shares.
 !. SIXTH: The duration of the cor pcration shall be unlimited. SEVENTH: The Board of Direc
 tsTs shall be elected annually. The
 incorporators shall constituts the , first Board of Directors and shal held office until their successors are
 elected,
 I The Beard of Directors shall have
 power without the assent or vote oi 1 the stockholders to make. alter amend and rescind the Bylaws oi
 the corporation: to authorize and cause to be executed, bonds of the
 corporation, and mortgages or trust
 deeds securing the same, or other liens upon the real and personal prep
 erty of the corporation.
 | The company may in it's Bylaws I prescribe the number necessary to
 constitute a quorum of the Board oi
 Directors. which number may be less than majority of the whole number ! The Beard of Directors may desig ! nate three CT more of its members ,I to coHstitUte an Executive Commit tee, who may exercise the f,;z7=z-1, z7==-77 ui
 tl.e P5ard in the management of the business and affairs of the corpora ton and have the power to authorize
 the seal of the corporation to be al
 fixed to all papers which may re
 quire it.
 ] The Directors may hold their meet
 ings and have an office and keep Che locks Of the corporation except the
 stock and transfer books) outside of
 the State of New Jersey.
 ! The Directors shall have power to designate the place of the principal
 domicile of the Company within the i Republic of Mexico; and to appoint
 and maintain in Mexico City a repre-
 sentative fully empowered to treat in ! all matters connected with the con.
 sessions so the corporation; also to J appoint a, local Board of Directors or
 eounssilors uithint that Rephhlic and ] Specify thsir powers in the Bylaws
 os ;he Company; and generaIly to 10
 such acts on behalf of the Company | and appoint such agents and repre-.
 seRtatives thereof as may be re-
 uired by the provisions of the Railway
 Law CT ether laws Of that Republic;