Cochise review., 1900-07-14
ARTICLES OF INCORPORATION
 OF THE Arizona and Sonora Exploration and Development Company.
OF THE

KNOW ALL MEN BY THESE PRE- ENTS: That we, Peter Johnson, Ben Frankenberg, J. w. Harrington, P. E.. Coleman, N. E. Ferguson, J. P. Bender, Asa Barnaby, V. R. Stiles, J. M. O'Con nell, of the town of Bisbee, County of Cochise, Territory of Arizona, have this day associated ourselves together for the purpose of forming corpora tion under the laws of the territory of Arizona, and we do hereby certify and adopt the following articles of incor- poration.
 ARTICLE I.
 The name of this corporation shall be 1.-THE ARIZONA AND SONORA EXPLORATION AND DEVELOP MENT COMPANY" and it's principal place of transacting business shall be at the town of Bisbee, County of Co., chise, Territory of Arizona.
 ARTICLE II.
 The general nature of the business proposed to be transacted is to acquire possession of, and title to mines, mills, smelters and mining property of every description. The purchase of ores, metals and minerals. To acquire, sell and deal in personal property and mer- chandise. To construct and operate tramways or railroads and generally to do and perform any and all acts neces- sary or incidental to it's business as aforesaid.
 ARTICLE III.
 The amount of the capital stock of this corporation shall be Five Hun dred Thousand dollars ($5OO,OOOOO), divided into Five Thousand (5,OO0) shares of the par value of One Hun dred Dollars (S1OO.OO) each.
 ARTICLE ".
 The time of the commencement of this corporation shall be the date of the fil- ing of these articles of incorporation for record in the office of the County Recorder of the County of Cochise, Territory of Arizona, and the termina-' tion thereof shall be twenty-five years thereafter.
 ''' ARTICLE V.
 The affairs of this corporation are tto be conducted by board of nine (9) directors, to Do elected annually on the second Wednesday in November of each year, who shall be stockhold CTS of this corporation and said board of directors shall elect from their own number, the following officers, to-wit: President, vice-president, secretary, treasurer and general manager. The board of directors shall adopt by-laws, said bylaws to be approved by a ma jority of the stockholders, which shall define the duties of such officers, the time of their election, the time of the meetings of said board, and such other matters as the board of directors may deem proper; provided, however, that the following named persons are ap- pointed to serve as board of directors until their successors are duly elected: Peter Johnson, J. w. Harrington, V. R. Stiles, P. B. Colman, Asa Barnaby, N. E. Ferguson, Ben Frankenberg, J. M. O'Connell and J. P. Bender.
 ARTICLE VI.
 The highest amount of indebtedness or liability to which this corporation is at any time to subject itself, is the sum of Fifty Thousand Dollars (S5o,- OOO.OO). "
 ARTICLE VII.
 The private property of the stock holders shall be exempt from all cor porate debts and liabilities. FIN WITNESS WHEREOF, we have hereunto set our hands this I'd day of July 1900:
 E ., .u. V. R. STILES, Is"i Eiu J. P. BENDER,
 4% BEN FRANKENBERG,
 h'"8 P, E. CoLMAN, ~ ot '. PETER JOHNSON, RSs uu J. w. HARRINGTON,