Bisbee daily review., 1917-03-22

sue the shares of it's capital stock To do any or all of the things here in set forth, to the same extent as natural persons might or could do, and in any part of the world. as prin- cipals, agents, contractors. trustees, or otherwise, and either alone or in company with others.
 IN GENERAL to carry on any oth- CT business in connection herewith, whether manufacturing sor otherwise. not contrary to the laws of the State of Arizona, and with all the powers conferred upon corporations by the laws of the State of Arizona.
 Article W.
 The authorized amount of capital stock of this corporation shall be Five Hundred Thousand (s500. .000.0o) Dollars, divided into Five Hundred Thousand (500.000) shares of the par value of One (s1OO) Dollar each. At such times as the board of Directors may by resolution direct. said capital stock shall be paid into this corpora ton 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. in 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-assessa- ble forever and the judgement of the directors as to the value of the prop erty purchased shall be conclusive.
 Article V.
 The time of the commencement of this corporation shall be the date of the filing of these Articles of Incor- pOration. as provided by law and the receipts of a certificate of incorpora- ton. and the termination thereof shall be twenty-five (25) years thereafter. with the privilege of renewal as pro- vided 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 following named shall constitute the Board of Directors. until their successors are elected and have qualified:
 Name Place of Residence John Mason Ross, Warren. Ariz- Arthur NOtman, Warren. Ariz. Ralph A. Ziesemer Bisbee, Ariz Hubert H d'Autremont. Warren. Ariz Lester Budrow. Douglas. Ariz- M J. Cunningham, Bisbee. Ariz Robert Rae. Douglas. Ariz- William II. Brophy. Bisbee. Ariz Franklin Wheaton Smith, Bisbee. Ariz Thereafter the Board of Directors shall be elected from among the stock holders at the annual stockholders meeting to be held on the first Mon day of March of each year.
 Article VII
 The highest amount of indebted ness or liability. direct or contingent. to which this corporation shall be subject at any one time shall be Two Hundred Thousand ($200. .000.00) Dol lars
 Article VIII.
 The private property of the stock holders and officers of the corpora tion shall be exempt from all corpor- ate debts of any kind whatsoever.
 Article K.
 The names, residence and postof- flee addresses of the corporators are: Franklin Wheaton Smith. Bisbee. Arizona; P. O. Address. Bisbee. Ari- zona.
 Ralph A. Ziesemer. Bisbee. Arizo- na; F. O. Address. Bisbee Arizona. Hubert H. dAutremont. Warren. Arizona; r. O. Address. Bisbee. Ari- zona.
 IN WITNESS WHEREOF VIC have hereunto set our hands aud seals this 18th day of March. "A D. 19lz
 FRANKLIN WHEATON SMITH
 RALPH A. ZIESEMER
 HUBERT H. q AO hEMONi- STATE OF ARIZONA. }
 ss COUNTY OF COCHISED
 Before me. JEAN BOYD. d Notary Public. in and for the State and Coun- ty aforesaid. on this 18th day of March. A. D. 1917. personally ap- peared Franklin Wheaton Smith. Ralph A. Ziesemer and Hubert H. d. Autremont. known to me 10 be the persons whose names are subscribed to the foregoing Articles of lncorpor- ation and they acknowledged to me that they executed the same for the purposes and consideration therein expressed.
 Given under my hand and seal of office this 18th day of March. A D. 1917
 JEAN BOYD.
 Notary Public. Cochise
 County. Arizona. My
 Commission Expires
 February l6. l920- (NOTARN SEAL)
 Filed in the office of the Arizona Commission this 18th day