Bisbee daily review., 1922-10-15
LEGAL NOTICES

otherwise expressed in said Article, be nowise limited or restricted by reference to or inference from the terms of any other clauses of this or any other article or paragraph of this charter, but that the objects specified in each Of the clauses of this Article shall be regarded as independent objects.
 The foregoing clauses shall be con strued both as objects and powers; and it Is hereby expressly provided that the foregoing enumeration of specific powers shall not be held to limit or restrict in any manner the powers of this corpora tior
 Nothing contained in any of the provis- ions of this certificate shall De con strued to authorize this corporation to construct maintain or operate pipe lines, railway or telegraph or telephone lines within the State of Delaware, or to take and condemn lands within said state or to engage in the business of banking or to do any act in contravention of Section 1 of Article TX of the Constitution Of said state. or of the Act of the Legislature Of the State of Delaware entitled An Act Providing a General Corporation Law" (apDroved March 10. 1S99) and the acts amendatory thereof and supplemental thereto.
 FOURTH: The total authorized capi- tai stock of this corporation is Six Hun dred Thousand Dollars (S600.000), divided into Six Hundred Thousand (60O. .000) shares of the par value of One Dollar ($1.00) each. The amount of capital stock with which this corporation will 
 Dollars (s1.OOO), being one thousand (1.000) shares of the par value of One Dollar (S1.00) each.
 FIFTH: The names and places of res idence of the subscribers to the capital stock and the number of shares sub- scribed for by each are as follows:
 Name Residence Number Shares T. l.. Croteau Wilmington, Del. 500 shares M. A. Bruce, Wilmington, Del. 300 shares C. H. Blaske. Wilmington. Del. 200 shares
 SIXTH: This Company is to have per petual existence.
 SEVENTH: Private property of the stockholders shall not be subject to the payment of the corporate debts to any extent whatever. Stock of the Company which has been issued as or declared by the Board of Directors to be full paid stock shall not he liable to any further call thereon. nor shall the holder thereof be liable for any further payment there on, in accordance with the existing laws of the State of Delaware in such case made and provided, anything herein or in any law of any other state. territory or dependency or country now in force or hereafter enacted to the contrary notwithstanding.
 EIGHTH: Any stockholder, by or pur- suant to an agreement in writing. may transfer his stock to any persons for the purpose of veSting in them the right to vote thereon for a time therein limited but not exceeding ten Q0) years at any one time, upon the terms and conditions set forth in such agreement, and provid- ed such agreement, or copy thereof shall have been furnished to the Company. such tranSferreeS shall in all things act, and during the time limited in such agree ment vote, upon such stock pursuant to such agreement and in such matter as it shall provide and shall exercise such dis cretiOn in carrying out or formula ting policies and plans of action as may be granted by such agreement, and may elect one or more of their number direc- tors of the Company.
 NINTH: No holder of stock shall be entitled as of right to subscribe for, pur- chase or receive any part of any author ized but unissued stock or of any new or additional issue of stock, preferred or common, or Of bonds, notes debentures or other securities convertible into stock, but all such unissued, new or additional shares of stock or bonds, notes. debent- ures or other securities convertible into stock may be issued and disposed oi by the BOard of Directors to such person or persons and on such terms and condi- tions and for such consideration (sO far as may he permitted by law the Board Of Directors in their absolute dis erection may deem advisable.
 1 TENTH: Meetings Of the stockholders ! may be held within or without the State | of Delaware. as the Board of Directors may determine.
 i ELEVENTH: In furtherancA and not in limitation of the powers conferred by statute:
 ! (a) The Board of Directors shall have powertO hold their meetings and have l one or more offices and keep tho books of the Company outside of the State oi i Delaware. at such place or places as iron,
 time to time may be designated by the 1 bylaws or by resolution of the directors; provided. however, that the original or a
 duplicate stock ledger shall always be 1 kept within the State of Delaware as prescribed by law
 (b) The number of directors at any
 time may be increased or decreased (the
 directors. however, not to be decreased
 to a number less than three) by vote oi
 the Board of Directors. and in case oi
 any increase the Board of Directors shal
 have power to elect such additional di- rectors to hold office until the next meet
 ing of stockholders. or until their suc-
 cessors shall be elected and qualify. i Co The directors may appoint moi
 only other officers of the Company, but T also one or more Nice-P Presidents. one ol
 more Assistant TreasureTs, and one ol
 more Assistant Secretaries and to tho
 extent provided in the bylaws or by res
 olution of the Board of Directors. tho persons so appointed, respectively. shal have and may exercise any or all of tho : powers of the President and of thc