Bisbee daily review., 1916-07-19

 al supplies and implements. cigars. cigarettes and tobaccos. all classes of sundries. and all other sorts and kinds of goods. wares, and merchan- Idise, pertaining to and commonly sold or vended in or about drug stores: to manufacture. buy, and sell candies confectionery. soda water and any and lall non-alcoholic beverages and drinks that may lawfully be manufactured. bought or sold: and to do any and all classes of business in any way connected with or apDertaining to the drug business; (3) to buy. sell. rent. lease, mortgage. and control real property: (4) To acquire. hold. own, pledge and sell the stocks or shares of other corporations: (5) To issue. acquire. take hold. pledge. and sell promisory notes. drafts, bills of ex- change and oblieations of every sort and character provided that no obliga- tions of any character. shall be issued ] by this corporation in excess of the , liability of the company as herein set forth and as provided by law: (6) To enter into contracts of all sorts. per taining to said drug business. to lend or borrow money and take or give security for the payment thereof: CD ' To do any and all things which a natural Derson might and could do in the matter of the transacting of the business of the corporation and in the ' promotion and management of it's interests.
 The amount of the capital stock of this corporation shall be Ten Thou sand (s1O.OOOOO) Dollars. which shall be divided into One Hundred 100) shares of the par value of One Hundred
 (s100.00) Dollars pcr share; which
 shares shall be and must be paid uD at the date of the issuing thereof. and shall be forever non assessable: but such stock may be paid for in
 money. services. property. rights. l easements. privileges or anything of ]. value. and the judgment of the board 1 of directors shall be forever conclu- ! sive. both as to actual value of the !. said stock and the consideration paid 2 therefor. in the absence of fraud or {, any collusive agreement "
 l. The time for the commencement of this corporation shall be when these Ol pOi6tAOI Ut Nitu
 for record in the office of the Corpora ' ton Commission of the State ot ' Arizona. at Phoenix. Arizona, a certi- . fed copy thereof recorded in the of- Il fee of the County Recorder of Co.,
 chise County. Arizona. at Tombstone
 Arizona. in which county the pricipal
 place of business of the corporation
 is to he and certificate of inoorpora- l t41w1 l1Is &- sl.N
 the Corporation Commission of the
 State of Arizona.
 The corporation shall terminate |, | twenty-five years from the said date. r but it may be renewed from time to time. for periods not exceeding twen- . tv-five years. upon the taking of the !, steps prescribed by law for such re- U newal or renewals.
 : "
 ', The affairs of this corporation shall r be conducted by a board of three . directors. but the number constituting !, the board of directors may be in- n increased Or diminished by the vote
 of the stockholders at any annual
 meeting or at any special meeting . called for that purpose. ,s The first board of directors shall
 be elected at the first annual meeting
 of the stockholders of the corporation.
 which shall be held at the principal
 place of business of the corporation,
 at Lowell. Cochise County. Arizona. nn the first Monday in August 1916.
 and the members of such board of
 directors shall he elected annually thereafter at such annual meeting. to be held on the first Monday in August
 of each year.
 The officers of the corporation shall
 he President. Vice-President. Secre- tary and Treasurer. and the latter :, two offices may be held by the same person.
 All vacancies in office may be filled
 by the board of directors. and those
 elected thereto shall hold office until
 the next annual meeting. a Those who shall serve as the board =, of directors until the first annual :, meeting shall be Phil E. Tovrea. ', Alexander Murrv. and Ross H. Gun nineham: and the other officers to |, hold and serve until that time shall ,' he Phil F. Tovrea. President: Alex e ander Murrv. vice-President. and Ross ' H. Cunningham, Secretary and Treas 1T urer
 ,I VI
 The highest amount of indebtedness
 of liability. direct or contingent. to which this corporation shall at any
 time subject itself shall. in no case.
 he more than Six Thousand, Siv Hun
 ared. sixty-six and 66-100 (s6666.6s)
 Dollars.
 VII.
 The private property of the stock S- holders of this cornoration Is hereby
 expressly made and declared exempt l. from all liability for the corporation IT dehts.
 ,. IN WITNESS WHEREOF. we have ,fl hereunto set our hands this 18th day
 of June, A. n. 1916.
 PHI. F TOvPEA
 ROSS IT CUNNINGHAM ul ALEXANDER HURRY s State of Arizona,
 70 ss. If Corntv of Cochise.
 l