Bisbee daily review., 1916-03-18

chase. lease. option. locate or other wise acquire. own. exchange, sell or otherwise dispose of. pledge. mortgage, ihypothecate and deal in. mines. min l ing claims, mineral lands, real and personal estate, water. water rights and to work. explore. operate and de velop the same and to extract any ant all minerals therefrom and deal il the products and by-prOducts, thereof to purchase, lease, or otherwise ac quire, erect. own, operate or sell smelting and ore reduction works an6 power plants; to own, handle an6 control it's own capital stock and tha' of other corporations. and to canoe, and reissue shares of it's own capita stock: to issue bonds, notes. de5en lures and other evidences of indebt edness and to secure the payment O same by mortgage. deed of trust. or otherwise; to borrow and loan money and in general to do and perform such acts and things and transact such business incident thereto. not in consistent with law. in any part O. the world. as the Board of Directors may deem to the advantage of tn, corporation.
 Article ".
 The authorized amount of capita stock of this corporation shall be Ono Hundred Thousand (S100,0O0,0O) Dol lars, divided into One Hundred Thou sand 100000 shares of the par value of One (S1.00D Dollar each. At such times as the Board of Directors ma, by resolution direct. said capita stock shall be paid into this corpora tion either in cash or by the sale and transfer to it of real or personal prop erty. contracts. services or any other valuable right or thing for the use and purposes of said corporation, il payment for which. shares of the cap ital stock of said corporation may be issued and the capital stock so issued shall thereupon and thereby become and be fully paid up and non-assess able forever and the judgment of the Directors as to the value of the prop erty purchased shall be conclusive.
 Article "
 The time of the commencement or this corporation shall be the date oi the filing of these Articles of Incorp oration, as provided by law and the receipt of certificate of incorpora tion, and the termination thereof shall be twenty-five (25) years there after, with the privilege of renewal as provided by law.
 Article VI.
 The affairs of this corporation shall be conducted by Board of Directors and such officers as the Directors may elect or appoint, and the follow ing named shall constitute the Board of Directors, until their successors are elected and have qualified:
 Franklin Wheaton Smith, Bisbee Arizona.
 Ralph A. Ziesemer, Bisbee. Arizona Hubert H. d'Autremont. Bisbee Arizona.
 J. Bradford Hardon, S7 Milk Street. Boston, Mass.
 R. F. Hoyt, S7 Milk Street, Boston Mass.
 Thereafter the Board of Directors shall be elected from among the stockholders at the annual stockhold- CTS meeting to be held on the first Monday of March of each year.
 Article VII.
 The highest amount of indebtedness or liability direct or contingent, to which this corporation shall be sub ject at any one time shall be Fifty Thousand ($50,0O0.OO) Dollars.
 Article VIII
 The private property of the stock holders and officers of the corpora ton shall be exempt from all corpor- ate debts of any kind whatsoever.
 Article K.
 The names. residence and postoffice addresses of the corporators are:
 Franklin Weaton Smith, Bisbee Arizona.
 Ralph A. Ziesemer, Bisbee, Arizona Hubert H. d'Autremont, Bisbee, Arizona.
 IN WITNESS WHEREOF we have hereunto set our hands and seals this 2Sth day of February, A. D. 1916.
 FRANKLIN WHEATON SMITH.
 RALPH A. ZIESEMER.
 HUBERT H. d'AUTREMONT.
 STATE OF ARIZONA.
 )ss.
 COUNTY OF COCHISE
 Before me, Patrick H. Fitzpatrick. Notary Public. in and for the State and County aforesaid, on this 2Sth day of February, A. D. 1916. personally appeared Ralph A. Ziesemer and Hub ert H. d'Autremont, known to me to be the persons whose names are sub