Bisbee daily review., 1915-08-22

of mining. refining, smelting and re tddction; the purchase. sale and gem | eral dealing in of all kinds of ores, minerals and metals, and each, all and every product thereof; the acqui- sition, by location and purchase, of any and all kinds of mineral bearing grounds, selling claims, mines, smell ter and reduction works, and all other real property, appurtenances or inter- : est therein necessary or convenient to | the carrying on and maintenance of ! the corporation, together with ma chinery, plants, milling or smeiting supplies and accessories. and gener ally all kinds of personal property, chattels or personal estate necessary , or convenient in the premises: and also to deal in and dispose of any of | the above named property and proper ty rights; and to acquire, erect, build, construct, own, operate and control all necessary or needful accessories in carrying on and maintaining such business, whether specifically set out herein or not, and to build, operate, own and control all necessary rail- ways or railroads, tram-ways, roads, l bridges. water courses and water rights, or any interest in any and all thereof to take hold, own, dispose of and deal generally in any and all of foregoing mentioned properties to | deal in the stock and capital stock of this and any other corporation, what ever. or any of the bonds, obligations | or securities of any such company or corporation, and in general to do all acts and things and to make all con tracts, and to acquire and deal in any and all and every species of property which be deemed necessary for the better carrying on and maintenance | of this corporation, and which said acts in the purchase, acquisition, con struction, sale, transfer, operation and maintenance, when approved by the Board of Directors of this corpor- ation, shall be binding and of full eff feet as the act and deed of this cor poration
 ARTICLE 9.
 The capital stock of this corpora | ton shall be FIVE HUNDRED THOU SAND ($5OO,0OO) DOLLARS, divided | into five hundred thousand shares of | the par value of One Dollar each, and l the same shall be paid in cash, prop | erty services had and received on the part of said corporation, or any other | thing of value, when duly received, accepted and appropriated by the cor poration and sanctioned by its Board of Directors
 ARTICLE f.
 The time of the commencement of this corporation shall be as soon as the proper certificate has been issued by the ARIZONA CORPORATION i COMMISSION, and it's termination shall be twenty-five years thereafter
 ARTICLE 5.
 The affairs of the corporation shall 1 be conducted by the Board of Direc- tors, consisting of Five Members, wno shall elect from their number a Presi- dent Vice-President, a Secretary and a Treasurer, and the last named two offices may be combined in one per son. Said offices, if combined in one person, need not be a Director.
 Annual meetings of tbe stockhold- CTS of the corporation shall be held on the first Monday in September of each year and the first annual meet ing thereof shall be held in the year 1916, but special meetings may be called, at any time, by the president, upon due and proper notice, as by law provided.
 Until said first annual meeting of the directors the following named per sons shall act as Directors and shall comprise the Board thereof, until their successors are elected and duly qualified Dan B. Seed, J. W. Hogan, J. C. Mador, J. P. Connolly and Sam H. Kyle
 The President of said corporation shall be Dan B. Seed, the Vice. -Presi- dent shall be J. C. Mador and the ] Secretary and Treasurer shall be J. W. Hogan which said officers shall serve as such until the first annual meeting of the Board of Directors and until their successors have been duly -I elected and fully qualified.
 ARTICLE G.
 The highest amount of indebtedness or liability, direct or contingent. to which this corporation is at any time to subject itself shall not exceed two thirds of its capital stock.
 ARTICLE 2.
 The private property of all the stockholders of this corporation shall be exempt from all liability or cor