Bisbee daily review., 1917-01-21

contrary to the laws of the State oi Delaware, and with all the powers con- ferred upon corporations by the laws of the State of Delaware.
 FOURTH,-The amount of the total authorized capital stock of this cor poration is One Million Dollars ($1, 900, ,O00O0) divided into one million Q,OOO,OOO) shares, of the par value of One Dollar (S1.0O) each.
 The amount of capital stock with which it will commence business is 1.-TWO Thousand Five Hundred Dollars (s2, ,5O0.OO, being two thousand five hun dred (2,500) shares, of One Dollar (SI0O) each.
 FIFTH,-The names and places of residence of each of the original sub scribers to the capital stock are as follows:
 Name Residence. F. D. Buck Wilmington, Dela. Geo. w. Dillman Wilmington, Della. NJ L. Horty Wilmington. Della. SIXTH,-The existance of this cor poratlon is to be perpetual. SEVENTH,-The private property of the stockholders shall not be sub ject to the payment of corporate debts to any extent whatever.
 EIGHTH,-The Directors shall have power to make and to alter or amend the Bylaws, to fix the amount to be reserved, and to authorize and cause to be executed, mortgages and liens, without limit as to the amount, upon the property and franchises of this Corporation.
 The Directors may, by resolution passed by a majority of the whole Board, designate two or more of their number to constitute an Executive Committee, who to the extent provided in said resolution or in the Bylaws of said Company, shall have and exer- else the powers of the Board of Direc- tors in the management of the bust ness and affairs of the Company, and may have power to authorize the seal of the Company to be affixed to all papers which may require it. The Directors may, by vote of the | stockholders, be deyided into one, two or three classes; the term of office of the first class to expire at the annual meeting next ensuing; of the second class one year thereafter; of the third class, two years thereafter; and at | each annual election held after such classification and election, Directors shall be chosen for a full term, as the case may be, to succeed those whose terms expire.
 | With the consent in writing, and pursuant to an affirmative vote of the holders of a majority of the capital stock issued and outstanding, the | Directors shall have authority to dis pose, in any manner, of the whole property of this Corporation.
 The Bylaws shall determine whe- ther and to what extent the accounts and books of this Corporation, or any of them, snail be open to the inspec- tion of the stockholders; and no stock holder shall have any right of inspect ing any account, or book or document of this Corporation, except as con ferred by law or the Bylaws, or by resolution of the stockholders or Direc- tors.
 ] The stockholders and Directors shall have power to hold their meetings and keep the books, documents and papers of the Corporation outside of the State of Delaware, at such places as may be from time to time designated Dy the Bylaws, except as otherwise required by the laws of Delaware.
 This corporation reserves the right to amend, alter, change or repeal any provision contained in this Certificate of Incorporation, in the manner now or hereafter prescribed by the Statutes of the State of Delaware, and all rights conferred on officers, Directors and stockholders herein are granted subject to this reservation.
 It is the intention that the objects, purposes and powers specified in the third paragraph shall, except where otherwise specified in said paragraph, be nOwise limited or restricted by re- ference to or inference from the terms 
 of any other clause or paragraph in this Certificate of Incorporation, but that the object, purposes and powers specified in the third paragraph and n each of the clauses or paragraphs of this charter shall be regarded as in |, dependent objects, purposes and pow I CTS.
 WE, THE UNDERSIGNED, being each of the original subscribers to the capital stock hereinbefore named. for the purpose of forming a corporation to do business both within and with out the State of Delaware. and in pur- auance of an Act of the Legislature tOf the State Of Delaware, entitled An Act Providing a General Corporation Law" (apprOyed March 10th, 1S99) and the acts amendat1ry thereof and supplemental thereto, do make ana hle this Certificate. and declare that the facts herein stated are true. and we have accordingly hereunto set our respective hands and seals this first day of December, A. D. 1916
 F. D. Buck (SeaD
 Geo. W. Dillman (SeaD (Eaal