Bisbee daily review., 1921-02-09
Legal Notice


 shall be determined at general meet ing of the stockholders. or a meeting of the Board Of Directors THIRD. The object of the company shall be the acquisition. by means of whatSo- ever legal title. transfer. exploration and exploitation of mining claims. the treatment of minerals. and. in general, all operations concerning or relating to mining; executing. to carry out the said object, all the Judicial acts which the law permits to moral per sons of the indicated character FOURTH. The duration of this con- tract shall be FIFTY YEARS, count ing from this date. save that prior to that time this period may be shorten ed or extended in accordance with the law. FIFTH. The capitalization of the company shall be TWO HUN DRIED THOUSAND DOLLARS. Amer ican money. divided into two hundred thousand shares to bearer. of par value Of one dollar each. All the said shares are subscribed for by MT. Emeterio Campoy, who pays their value with the copper and silver min ing claim known as VICTORIA" A," situate in the municipality of Bac- oachi. District of Arizpe. of this State, containing eight pertenencias; title No. 56759 (fifty six thousand seven hundred fifty nine) to said claim was issued in favor of Mir. Elisio Mega on the twenty ninth of June of nineteen hundred and eishteen; prior 10 this, | in document of the seventeenth -of January. nineteen hundred and seven teen. the same Mir. Mega had trans ferred to MT. Luis Anitua eight shares of the said claim; by deed of tthe eighteenth of the same January. the said Mir. Mega transferred to Mir. Arturo Sambada another eight shares of the said claim; by deeds of the eleventh of April of nineteen hundred and seventeen. the aforesaid Mir. Mega i transferred four shares of the said sclaim to MT. Luis Anitua and another | four to Mir. Arturo Sambada: and fi- nally. by deeds of the thirteenth of 1 February and seventeenth of May. nineteen hundred and eighteen Messrs. Artura Sambada and Luis | Anitua transferred to MT. Emeterio Campoy all the shares which they had acquired in the said mine. which came to be the exclusive property of said gentleman. To this effect. the same MT. Emeterio Campoy transfers i to the company which is now formed. ! in an absolute manner. full owner ship and all his rights in and to the said mining claim. for the stated value i of two hundred thousand dollars; which value shall be considered proven in conformity with article eighty of the Mining Law. SIXTH. | Mrs. Marina Gonzalez de Campoy gives her consent to the transfer which her husband makes in the pre- ceding clause. SEVENTH. Also with the consent of the said Mrs. Campoy, Mir. Emeterio Campoy transfers one share of the capital stock of the company which is now being organiz- . ed to each of the following gentle men: Messrs. Wallace Wood. Willis ! D. Gregory, C. s. Sanden and lawyer ; Agustin Asuilar Aguila; and the ! srantor acknowledges having received ! the value of such shares. EIGHTH. i The administration and direction of the company shall be in charge of a Board of Directors and General | Manager. The former shall be com posed of a President, a Vice Presi- dent. a Secretary. a Treasurer, and
 
 one person to hold two of the above offices; and the latter, or the general manager, shall be named by the Board from amongst its members or from the outside. All the said off cials must be stockholders and depo- sit. for the period of the term of of flee, at least one share of the capital stock. For the first year, exercising the faculties conceded in article one hundred and ninety of the Commer- cial Code. the following are named l: for President, MT. Willis D. Gregory ; i for Vice President, MT. Emeterio Campoy: for Secretary and Treasurer Mr. c. s. Sanden, and for Director and General Manager, Mir. Wallace Wood. NINTH. The Board of Direc, tors shall have the faculties set forth in article one hundred and eighty nine of the Commercial Code and those fixed by the laws of the Company The President shall rep resent the company in all its actions, using the corporate signature; he shall preside at all general meetings and at all meetings of the Board. with a voice and vote in them; he shall issue orders in the name of the com. pany. and shall exercise the other functions determined by the by laws The Vice President shall attend all the sessions of the Board. with a voice and vote in them; he shall act for the President, with sll the attri butes of the latter. in his absence whether temporary or permanent, and shall exercise the other powers which he is given by the by laws. The Sec retary shall attend all general meet ingS and all the sessions of the Board. with a voice and vote in them he shall keep minutes of all the said meetings. signing them and issuing such copies as may be necessary; he shall keep all the books and papers Of the company, except those of the Treasury. and will perform such other functions assigned to him by the by laws. The Treasurer shall attend all the meetings of the Board of Direc tors, with a voice and vote in them he shall have charge of the accounts