Bisbee daily review., 1916-07-27

lLdllWdNS, eIeClFlC or OtutI TdllIOauS, in SO far as it may be lawful so to do; to buy. construct. lease. sell. con vey. maintain. improve. manage, con trol and superintendent furnaces. smelters. concentra tors, mills. crush ing works. hydraulic works. works. factories. warehouses. and other con- veniences which may deem directly Or indirectly conducive to any of the ob- iects of the corporation. and to con tribute to. subsidize Or otherwise aid or take part in any such operations
 To take. acquire. own. hold. sell. lease. exchange. mortgage, pledge. i'm prove and otherwise deal in real estate townsites and divisions. lots or subdivisions thereof. and to erect thereon and lease. sell or convey houses, stores or other buildings. and to make and maintain all other neces- sary or desirable improvements in connection herewith: also to Dur- chase. sell. exchange and otherwise deal in all kinds of personal property. merchandise. eOSds and chattels.
 To do all things incident to or ad- vantageous in the carving on of either or all of said objects Or pur- poses above stated
 To issue bonds. dehentures or other form of corporate ohligatiOns. and to sell or hvDothecate the same. and 10 secure the pavment of the same by mortgage or otherwise uDOn all ar any of the properties of tho corporation.
 To make any and all contracts. ac- ouire and transfer any and all species of property. and to possess the same powers in such respect as private ir- dividuals now enjoy. and in general to dr all things necessary to the pro- per cOnduc. If the business of the .coruoration in the State and elsewhere. not inconsistent with the laws of the United States. the State of Arizona or any foreign state or country.
 To hoIS. purchase. buv and other wise acquire. and to sell. exchange mortgage. pledge and otherwise deal n the bonds. morteaees. notes de- bentures. shares Of can'taI stoct end other securities and oblioatious of any private corporations. and also to TO- ceive. collect and otherwise dispose of interest. dividends or income from any of the prouerties held. owned or acquired bv the company. and to ex- ercise in respect to all such bonds. nprtga oes. dehentures. notes. shares of canital stock and other securities and oblieations. all the rights. powers and privileges of individual owners thereof including the right to vote uUNr any share of stock held by it to the same extent that a natural per son might or could do. and generally to have the rights. powers and priv ileees to do any and all things 'n- cident or aGvantageous te the carry ing out of any of the objects and pur- poses hereinbefore mentioned.
 To sell or issue all or any part of it's capital stock. or any bonds. de bentures or other evidences of indebt- e1ness authorized by its board of directors. in payment for the good will. rights. business. personal proper l ty. real estate. or leases thereon. of any person. firm. association or cor pOration. and the judgment of it's board of directors as to the values of such goodwill. rights. business. prop ertv. real estate or leases thereon. shall in the absence of fraud, be con elusive.
 To guarantee the payment of div ! idends or interest on any share, stocks, debentures or other securities issued by. or any other contract or obligation of, any corporation when ever proper or necessary for the busi- : ness of this company. and upon such terms and conditions and in such man. ner as may be prescribed by the by laws or by resolution of the board of directors.
 To purchase, hold or reissue and sell the shares of its capital stock. To remunerate any person, persons, or corporation for services rendered. or to be rendered, in placing. or as- sisting to place, or guaranteeing the placing of any of the shares of the company's capital stock. or any de- benture, bond or other security of the company. or for services rendered in or about the formation or promotion V of the company. or the selection and procurement of directors. or the con duct of its business. all upon such terms as the board of directors may determine and approve.
 To conduct business in any of the states, territories. colonies or depend encies of the United States. in the District of Columbia. and in any and all foreign countries; to have one or more officers therein. and therein to hold, purchase. mortgage and convey real and personal property, without limit as to amount, but always subject to local laws
 The foregoing paragraphs shall be construed as objects. purposes and powers: and it is hereby expressly intended that the foregoing specific objects. purposes and powers in any paragraph enumerated. except where otherwise clearly indicated. shall not be limited or restricted by reference to or inference from the terms of any other clause or paragraph of these articles.
 ARTICLE V.
 The authorized amount of capital stock of this corUoration shall be THIRTY THOUSAND DOLLARS (S30 .OOO). divided into THIRTY THOUSAND (2O.OO0l SHARES. of the par value of ONE DOLLAR ($1.OO) each. Upon subscription therefor said capital stock shall be paid into this corporation in such manner and ,,rop ercb taru,e e fhp hoard Of di-