Bisbee daily review. [volume] (Bisbee, Ariz.) 1901-1971, 1915-08-17

iof mining. refining, smelling and re
duction; the purchase, sale and gen
eral dealing i'm of all kinds of ores,
minerals and metals, and each all
and every product thereof; the acqui-
sition by location and purchase, Of
amy and all kinds of mineral bearing
/ grounds, selling claims, mines, smell
J 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 OF smelling
supplies and accessories; and geuer-
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,
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 I'm 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-
alton, shall be binding and of full eff
feet as the act and deed Of this cor
poration.
ARTICLE 8.
! The capital stock of this corpora
/ tion shall be FIVE HUNDRED THOU
SAND ($5OO,OOO) DOLLARS. divided
into five hundred thousand shares Of
the par value of one Dollar each. and
/ the same shall be paid i'm 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 4.
/ The time of the commencement Of
/ this corporation shall be as soon as
the proper certificate has been issued
by the ARIZONA CORPORATION
| COMMISSION, and its termination
shall be twenty-five years thereafter
ARTICLE 5.
The affairs Of the corporation shall
| be conducted by the Board of Direc-
tors. consisting Of Five Members, who
shall elect from their number Presi-
dent, Vice-President, a Secretary and
q Treasurer, and the last named two
offices may be combined in one per.
son. Said offices, if combined in one
person. neeG not be a Director.
Annual meetings of the stockhold-
ers of the corporation shall be held
on the first Monday i'm September of
each year, and the first annual meet
ing thereof shall be held i'm 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
II. Kyle.
The President of said corporation
shall be Dan B. Seed, the Vice-Presi-
dent shall be J. C. Mador and the
T 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
elected and fully qualified.
ARTICLE 6.
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 z.
The private property of all the
stockholders of this corporation shall
be exempt from all liability or cor
porate debts of this corporation.