Bisbee daily review., 1914-01-22

by the laws of Arizona. and the ob- iects and purposes herein set forth, it is hereby expressly provided that said corporation shall also have the fol owing powers
 ta) To receive deposits to dis. count and negotiate promissory notes, drafts, bills of exchange and other evidence of debt, to buy. sell and exchange. coin and bullion: and to collect for others, money due thcm on notes, other checks, drafts bills of exchange. commercial paper or other evidence of indebtedness.
 (b) To act as escrow agent.
 Co To borrow or raise money by the issue of it's notes. debentures. or other form of obligation: and. if nee. essary and advisable to secure the payment of tine same by depasit Of stock securities or other personal property, as collateral for said Lay ment, or by executing mortgages, liens or other form cf securities on aay of the property of said cooperation. real. personal or mixed.
 (d) To loan money. and when deemed advisable 70 require and re- ceive mortgage on real property. or deposit and pledge of or mortgage on personal property, or other prop. CT security, for the payment O, same. (e) To draw, make. accept, en- dorse. discount, execute and issuo rramissory notes. bills of exchange warrants. bonds, debentures, and oth CT negotiable or transferable instru ments
 G) To enter into. make perform and carry out contracts of every kind and for any lawfully purposes with any firm, person, association or cor | poration.
 tg) To purchase. or otherwise ac quire, and to hold, own and enjoy and to mortgage, convey, or other
 wse dispose of property of every kind, character and description. real
 personal or mixed.
 (h) To buy, sell, take. own. holt
 and deal in pledges chosas in action
 Judgment, options, and property O.
 every kind and character.
 ~ TO act as trustee, administra
 tor guardian, executor, receiver. anC
 in any fiduciary capacity.
 (k) To act as registrar and trans fer agent Of stocks. debentures, bonds
 and any obligations of any and al
 corporations, firms and individuals
 including the securities and obliga
 tions of the corporation itself; ant
 to act as fiscal agent, and as agen for the purpose of issuing and coun , tersigning stocks. bonds and obllga tions of any character of any corpor ation, association, municipality. ter
 ritory, district or state.
 CD To act as agent in all matters tm) To issue its bonds upon deedi
 of trust or mortgages on real proper ty and to hold, sell and otherwise dea In real estate and any and all certi
 iicates growing cut Of any business.
 tm) To buy and otherwise acquire : bonds, mortgages, notes, debentures shares of capital stock, and other SC
 curities and obligations of this ant . any other corporation or corporation
 in the State of Arizona, or in an,
 other state, territory. district or fer eign country, and while the owne
 of such to exercise all the rights powers and privileges or ownershil
 that an individual might exercise in cluding the right to vote such stocl and other securities; to aid m an, manner any corporation or associa tion of which any bonds or other SC
 curities or evidences of indebtedness ? or stock may be acquired or hel, - by, or issued in the interest, or a B instigation of this corporation, an, 1, to do any act or things designed t s protect, preserve, improve or or 3 nance tho value of or 10 make guai { antaes in respect to the value of, an such bonds or other securities or ev ' dences of indebtedness or stock. r AND BE AT FURTHER RE SOLVED: That Article VIII of th F Articles of incorporation of the Mine? 1 and Merchants Bank be and the sam }. is hereby amended to read as fo f lows:
 s ARTICLE VIII. The private prol h erty of the stockholders and officer '- of this corporation shall be exem i from all and any liability for it's co }. porate debts provided, however th !, shareholders or stockholders of th '- cooperation shall be held individual S' responsible, equally and ratably, an n not one for another, for all contract
 debts and engagements of this co l. pcration, to the extent of the amour d of their stock therein al the par Nalll