Bisbee daily review., 1917-01-18

rights, inventions, improvements, anC processes used in connection with O. secured under letters patent or copy rights of the United States or othe countries, or otherwise; and to worl operate or develop the same, and tt carry on any business, manufacturing or otherwise, which may be deemed to directly or indirectly effectuat, these objects or any of them.
 To guarantee, purchase, hold, sell assign, transfer, mortgage, pledge, ol otherwise dispose of. the shares of tn, capital stock of. or any bonds, securi ties or evidences of indebtedness is sued or created by any other corpora tion Or corporations of this State ol any other State, country, nation or gov ernment, and while owner of saiC stock may exercise all the rights powers and privileges of ownership including the right to vote thereon, tC the same extent as natural person. might or could do.
 To enter into, make and perform contracts of every kind with any per son, firm, association, or corporation municipality. body polite, county, ter ritory, State, Government, or Colons or dependency thereof, and without limit as to amount to draw, make, ac cept, endorse, discount, execute anC issue promissory notes, drafts, bills C exchange, warrants, bonds, debentures and other negotiable or transferable instruments and evidences of indebt edness, whether secured by mortgagC or otherwise, so far as may be per mitted by the laws of the State ol Delaware.
 To have offices, conduct its busi ness and promote its objects within and without the State of Delaware, il other States, the District of Columbia the territories and Colonies of the United States, and in foreign coun tries, without restriction as to place or amount.
 To purchase, hold, cancel, and re issue the shares of its capital stock
 To do any or all of the things herein set forth, to the same extent as na tural persons might or could do, and in any part of the world, as principals agents, contractors, trustees,or other wise, and either alone or in company with others.
 IN GENERAL to carry on any other business in connection herewith, whe ther manufacturing or otherwise, not 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 COT. poration is One Million Dollars (s1, ,OOO, ,OOO.O0) divided into one million Q,0O0,O00) shares, of the par value of One Dollar (S100) each.
 The amount of capital stock with which it will commence business is Two Thousand Five Hundred Dollars (S2, ,500.00, being two thousand five hun. uiSu N-'oVD SheiSS, ol OHe DOiidl (S1.00) each.
 F1FTH,-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, Della. Geo. w. Dillman Wilmington, Dela. M. L. Horty Wilmington, Della.
 SIXTH,-The eXistance of this cor poration 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 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 busi- 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 1t.
 The Directors may, by vote of the stockholders, be devided 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 and election. Directors shall be chosen for a full term, as the