Bisbee daily review., 1914-01-23

OF ARTICLES OF INCoRPORA.
 TON OF THE MINERS AND
 MERCHANTS BANK
 We, the undersigned, l.. C. Shat tuck. President, and P. NJ. Buckwal. ter. Secretary, of the Miners and Mer- chants Plank. corporation, organ ized and existing under the laws of the State of Arizona do hereby certi- fy that at a special meeting of the stockholders of said corporation held at the principal offices of said cor poration. to-wit: In the offlce of the Directors of said bank in tho City of
 Bisbee. Cochise County, State of Arizona, on the 7th day of January. 1914. pursuant to the Articies oi in- corporation and Bylaws of said cor. poration and pursuant to notice duly ard legally given. at which meeting more than a majority of all of the issued and outstanding capital stock of said corporation was present or ] represented by proxy, to-wit: THREE HUNDRED SIXTY-NTNE AND ONE.
 HALF shares out of five hundred (500) shares issued and outstanding the following resolutions were duly proposed and adopted by the affirm ative vote of all stock present and represented at said meeting, to-wit | THREE HUNDRED SIXTY-NINE AMI . ONE-HALF shares
 "Resolved: That Article II of the Articles of Incorporation of the Min l. CTS and Merchants Bank be, and thu U same is hereby amended to read al
 follows:
 ARTICLE II. The general natur, II of the business proposed to be trans , acted by and the objects and purpose of the formation of. said corporation U are to do any and all of the thing E herein mentioned as fully and to tn '. same extent as natural persons migh T or could do the same. towit !, to transact. promote and carr D. on general commercial banl ing business, general savlngs ban business, a general safety deposit bui oi mess and general trust business, an n' n to engage in all the branches ther' i' of and to exercise by its Board ( Directors, or duly authorized officer o' or agents. subject to law, all sue " incidental powers as may be nece 'S sary to carry on said commercii
 banking. savings bank, safety depo U it and trust business, or any thereo
 CT in carrying on any business or d 'n ing any of the acts or things. or e en ercising any of the powers herei .- mentioned.
 In furtherance, but not In limit " ton of the general powers conferr' D" hy the laws Of Arizona. and the O ", jects and purposes herein set fort a 1t Is hereby expressly provided tn on said corporation shall also have Il I,a following powers
 h'S (a) To receive deposits; to d
 count and negotiate promissory not' ie drafts, bills of exchange and oth 'e' evidence of debt, to buy, sell a
 exchange, coin and bullion; and " collect for others. money due th' u on notes, other checks, drafts. bills io exchange, commercial paper or oti sal evidence of indebtedness.
 (b) TO act as escrow agent. (c) To borrow or raise money
 the issue of its notes. debentures,
 other form of obligation; and. if n the essary and advisable. to secure Co. payment of the same by deposit in stock securities or other perso ous property. as collateral for said l' B A ment. or by executing mortgages, li' ing or other form cf securities on nay to the property of said cooperation. i' to personal or mixed.
 find (d) To loan money, and. vi as deemed advisable to require and red ceive a mortgage on real property. ,om. deposit and pledge of or mortg arm. on personal property, or other pi are CT security. for the payment O. sa
 (e) To draw, make. accept,
 dorse. discount, execute and is
 promissory notes, bills of exchai
 warrants. bonds. debentures. and IG CT negotiable or transferable ins
 ments.
 all CD To enter into, make. peri cat and carry out contracts of every the and for any lawfully purposes ' EST any firm. person. association or
 be- poration.
 ona. (g) To purchase. or otherwise Full quire, and to hold, own and en zing and to mortgage, convey, or ot ,rms wise dispose of property Of e' Lious kind, character and description.
 personal or mixed.
 K. (h) To buy. sell. take. own. isor. and deal In pledges, chosss in ac'