Bisbee daily review., 1917-02-10


 any part of the world as the Boa d or Directors may deem to the adya-I- age of the corporauon-
 Article ". The authorized amount of capital stock of this corporation shall be One Million (s1.OVV, 100000 dollars, divided into One Million shares of the par value of One Dollar (S1.O0) each. At such time as the Board of Directors may by resolution direct, said capital stock shall be paid into this Corporation, either in cash or by the sale and transfer U it of real or personal property, contracts, servlces or any other valuable right or thing for the use and purposes of said Corporation, il payment for which, shares of the capital 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-assessaOle for ever, and in the absence of actual fraud in the transaction the judgment of the Directors as to the value ol the property purchased shall be conclu- sive.
 Article V. The time of the com mencement of this Corporation shall pc the date of the filing of ceruned copy of these articles Of lncorpora- tion in the office of the Corporation Commission of Arizona and the ter imitation thereof shall be twenty-five years thereafter, with the privilege of renewal as provided by law. Article VI. The affairs of this Cor poration shall be conducted by Board of Directors. and such Omeers as the Directors may elect or appoint. and the following named shall consti- ute the Board of Directors until their successors are elected and have quail lied: MAX RITTER WON BAUM lhIRCHNER, FRANK PESkA, JAMES CARNEY, ROBERT WALKER, and CORA VON BAUMKIRCHNER-T There after the Board of Directors shall be elected from among the stockholders at the annual Stockholders meeting to be held on the First day of March of each year. The names of the of dcers who shall nave charge of the Corporation affairs are: MAX RIT- TER VON BAUMKIRCHNER. Presi- dent, CORA WON BAUMKIRCHNER. Treasurer, and FRANK PESKA, Sec Article VII The Board of Direc- tors shall have power to adopt al amend Bylaws for the government of the corporation, to Ill vacancies oc- curing in the Board from any cause, and to appoint an Executive Commit tee and vest said committee with such powers as they may determine
 Article VIII. The highest amount of indebtedness or liability. direct or contingent, to which this corporatIcS shall be subject at any one time shall De Ten Thousand (S10.000.0O) Dollars
 Article TX. The private property ! Df the Stockholders and officers of this Corporation shall be exempt from all corporate debts of any kind what soever.
 Article x. The names, residences and post office addresses of the con porators are:
 MAX E. Y. BAUMXIRCd dNER, Resi- dence Huachuca Mountains Hereford. Arizona, FRANK PES KA, Office. 1909 Ashland Block, 155 N. Clark St. Resi- dence, 1859 N. Hamlin Ave. Chicago, l III.
 IN WITNESS WHEREOF. We have hereunto set our hands and seals this 18th day of January A. D. 1917. MAX E. V. BAUMKIRCHNER (SeaD FRANK PESKA (SeaD State of Iliinois,)
 ss.
 County of Cook )
 Before me. CALVIN N. GEORGE, a notary public. in and for the state and County aforesaid on this day person ally appeared MAN R Y. BAUM KIRCHNER and FRANK PESkA. known to me to be the persons whose names arc subscribed 10 the foresO- 1 ing instrument. and acknowledged 10 me that they executed the same for the purpose and consideration there in expressed.
 Given under my hand and seal st my office this 18th day of January \. D. 1917.
 CALVIN N. GEORGE. (Notarial SeaD Notary Public
 My commission expires the 18th day of September. 1918.
 Filed in the office of the Ari- zona Commission this 22nd day of Jan. \. D. 1917 at I0:e0 A. M at request of FRANK PESKA. whose post office address is 14e9 Ashland Block. Chicago. Illinois. Arizona Corporation Commission.
 By F. A JONES. Chairman