Bisbee daily review., 1916-12-14

consolidate, merge, dispose Of or other
 wise deal with all or any part of the property or rights of this corporation
 upon any terms deemed expedient V tn power Q accept as the considera.
 ton other rights or property, or an,
 5hares, bonds or other obligations of any other company;
 To borrow or raise money and to issue any and all bonds, debentures or any obligations convenient for the ! business of this corporation and se- cure the same by mortgage, pledge, deed of trust, or ill any other manner on all or any of the property of this corporation present or after acquired; i; to draw, make, accept, endorse, dis count, execute and issue contracts, promisory notes, bills Of exchange, warrants and negotiable and transfer able instruments; 1 To apply for, acquire, hold, use and dispose of trademarks. trade-names, copyrights. patents. improvements, for mulas and processes secured or pro tected under letters patent or other laws of the United States Or of any state or any foreign country or other wise;
 To do any of the things hereinbe- fore enumerated for itself or on ac- count of others. to make and perform contracts, enter into obligations or ap- point agents for doing any thereof a1nnA fr, companies. either as consignor or con signee, commission merchants. factor, principal, agent, licensor or licensee. lesser. lessee, trustee or beneficiary. co-partner or in any capacity, and, un- , less prohibited by law. to do any act or thing or carry on any business or commerce which could be done or car. ried on by any individual, firm, com pany or corporation;
 To remunerate any person or com pany for services rendered or to be rendered, in placing or assisting to place or guaranteeing the placing of any of the shares of stock of the cor poration, or any debentures or other securities of the corporation, or in or about the formation or promotion of the corporation, Or in the conduct of it's business;
 The foregoing clauses shall be con strued both as objects and powers, and it is hereby expressly provided that the foregoing enumeration of specific power shall not be held to limit or restrict in any manner the powers of the corporation.
 In general to carry on any other business in connection with the fore going, whether manufacturing or oth- erwise. necessary and incidental to the business of the corporation, and not inconsistent with the laws of the United States or the State of Ari- zona.
 ARTICLE IV-The capital stock of the corporation shall be Three Million Dollars, divided into 3,0O0,O00 shares of the par value of One Dollar each. which shall be paid for at such times and in such manner as the Board of Directors may designate. All or any portion of the capital stock may be issued in payment for real or personal property, services, or any other right or thing of value. for the uses and purposes of the corporation, and when 50 issued shall become and be full paid, the same as though paid for in cash at par; and the directors shall be sole judges of the value of any pro perty, right or thing acquired in ex- change for capital stock. No shares of capital stock shall be issued until fully paid for and thereafter shall be non assessable.
 ARTICLE V.-The commencement of the corporation shall be the day these Articles are filed in accordance with law, and the termination thereof shall be twenty-five years thereafter, with privilege of renewal and perpetual succession as provided by statute.
 ARTICLE VI.-The affairs of the corporation shall be conducted by Board of Directors and such officers as the said Directors may elect or appoint. The number of directors shall be seven and shall be elected rom among the stockholders at their 1 annual meeting to be held on the third ! Tuesday in January of each year. At he first meeting of the stockholders l succeeding and following the filing of the Articles of Incorporation, the direc- -ors shall be elected ro serve until the irst annual meeting of the stockhold- | CTS thereafter. or until their success | 5ors are elected and qualified.
 ARTICLE VII-The directors shall | nave power to adopt, amend and re- 5cind Bylaws, and to fill vacancies occurring in the Board from any cause.
 ARTICLE VlII-The highest amount 1f indebtedness or liability to which he corporation is at any time to sub