Bisbee daily review., 1902-07-29
ARTICLES OF INCORPORATION.

KNOW ALL MEN BY THESE PRESENTS: That we whose hands and seals are hereunto affixed de here py associate ourselves together for the purpose of forming a corporation under the laws of the Territory of Arizona. and we do hereby certify; l. The name of the corporation shall be Merit Mining and Milling company. and the principal place of business of said corporation shall be at Bisbee, COchise county. Arizona It may also have branch offices at such other places as the board of directors may from time to time direct,
 II. The general nature of the busi- been doing up the local crack players ton, is to purchase. lease. bond, locate denounce or otherwise acquire any mineral lands. mines. mining rights, water and timber rights. lands. build ings. rights and privileges. machinery and other property whatsoever to the same that natural persons might or could do either in the United States Of America. or the Republic of Mexi- co. To buy, sell manufacture. and deal in ores, minerals, bullions. ma. chinery. implements. provisions. mer- chandise and things capable of being used in connection with mining opera tons, or required by workmen and others employed by the company. To carry on the business of mining. mill ing and smelling company, and as aux Hilary thereto to purcahse, lease. or otherwise acquire lands, buildings. or works to construct or contribute to- wards the construction of railroads. trails and bridges, and to acquire any patent rights, leases or privileges. to enter into, make, perform or carry out contracts of every kind with any person, firm or corporation the same as natural person may do. and gener- ally to carry on any other business herewith whether manufacturing or otherwise and with all the power con- ferred on corporations by the laws of the United States or the Republic of Mexico
 III. The amount of capital stock of said corporation shall be Five Hundred Thousand (S50O, ,000.OO) Dollars. diyi- ded into Five Hundred Thousand (5Oo 1 0o0) shares of the par value of one 1sD | Dollar each, and such stock when is- l sued shall be full paid up and forever -assessable.
 ". The time of commencement of said corporation shall be immediately | after the filing of these articles of | record in the office of he recorder of i the county of Cochise, Territory of | Arizona. and the termination thereof | shall be twenty-five (25) years there after unless renewed pursuant to the ! laws of Arizona before the ternina. ton thereof.
 " The affairs of said corporation ] shal! be conducted by a board of seven CD directors all members of which | shall be stockholders of said corpora ton. who shall be selected in a man. ner provided for in the bylaws of the corporation. The members of the board of directors for the current year and until their successors are chosen and qualified are:
 A. H. Pinyan, Walter Gosiin, Ralph Colvin. Will H. Baker. Geo. II. Nolte, 5. A. Merritt
 VI. The highest amount of indebt- edness or liability to which he said corporation shall sub iect itself shall in no case ex- ceed an amount equal to one-half of he outstanding capital stock at the lime of the obligation being incurred.
 VII. The private property of the shall be exempt from all debts and liabilities. In witness whereof we have hereunto set 'ur hands and seals this 10th day of June. 1902.
 A. H. Pinyan,
 Walter Goslin,
 Ralph H. Colvin.