Bisbee daily review., 1916-11-24

duction plants, and smelters owneS and operated by this corporation: and to manufacture gas and electricity. and to use and sell the same;
 (c) To transact a general mining. milling. reducing. and smelling busi- ness; to build. construct. maintain. duction plants for the purpose of smelling. milling. and reducing ores and minerals in the prosecution of its said business. including the building of water-works. canals. reservoirs. pipe lines, roads, and tramways;
 (d) To sell. lease, mortgage. and hypothecate real and personal proper ty of every kind: and. generally, to deal in real estate and persona, prcp- erty of every nature and description: Gel To acquire. purchase, sell. transfer. assign. and hypothecate the stocks. bonds. and securities of cor porations and. especially. the stocks. bonds, and securities of this corpora tion: and to lend and to borrow money;
 (f) To issue it's own notes, bonds, and obligations of every kind and de- scription;
 (g) To transact a general mining. manufacturing and mercantile busi- ness; and to engage In every kind of business not prohibited by law the same in all respects as natural per son might Or could do.
 ARTICLE ".
 The amount of the authorized cap- ital stock of this corporation is One Million Dollars (s1.000. .000.00), divided into one million Q.000.000) shares of the par value of One Dollar (s1.00) each: and the time when and the con- ditions upon which the said capital stock is to be paid for shall be as prescribed by the board of directors of this corporation: provided that stock of this corporation may be issued in payment for property. proper ty rights and privileges. or services. and the judgment of the directors as to the value thereof. in the absence of fraud. shall be conclusive: and pro authorize the sale of the capital stock for less than par when in their opinion the interest of the corporation de- mands such action.
 ARTICLE v.
 The time of the commencement of this corporation shall be as soon as these articles of incorporation are fled for record in the office of the Corporation Commission of Arizona. and a certified copy thereof rec.orded in the office of the County Recorder of said Cochise County. and a Certi- ficate of Tncnrporation delivered to it bv the CornoratFon Commission: and 1t shall continue for period of twenty five (25) years thereafter.
 ARTICLE VI
 The affairs of this coruoration shall he conducted hv a board of not less than three f2) and not more than seven t7l dirpctors. who shall he elected nv the stockholders at their annual meeting which shaH he held on the second Wednesday in January of each wear.
 The directors of this corpOration. until the first annual meeting of the stockholders and until their srrces- , sors are elected and have qualified. shall he and are. T. c Collins. R. A. Rrotharton and .N,hn Fit7pat-ick The officers of this cornnrafion shall ha. President Vice President. Sarretarv. and Treasurer rho shall he elected hv the hoard Of directors from au,ong themselves immediately after the election of such directors earh year. The offices of Secretary and Treasurer may be held by one and the same person
 The directors and officers of this cornoration shall hold office fnr one wear newt ensuine their election and until their successors are elected and have qualified
 The officers of this corporation. until the first annua, meeting of the stock holders and until their successors are PleFtp0 ana 0ANt OudliltI. SNdi pc and are as follows: T. c. Collins. President: R A. Rretherton. Vice President: John FitzPstrick, Secre- tary and Treasursr
 ARTICLE VII.
 The hiehest amount of indebtedness or liability to which this cornnratnnn is at any time to srhiect itssIs to is the snm of Siv Hundred Thousand Dollars (ssno nnn n0,.
 ARTICLE VIII.
 The private nronertv of the stock holders and officers of this corrAora- ton shall he eyamnt frn-n the cor norate dehts and liabilities of this cornoration
 IN WITNESS WHEREOF. we have hereunto set our hands and seals this 6th day of Noveu her A. D. 1916.
 J.C. COLLINS
 R. 4. RRETHERTON
 JOHN F. FITZPATRICK
 Incorporators. State of Arizona.