Bisbee daily review., 1902-12-11

shall be The Michigan and Arizona Development company. And the prin. cipal place for the transaction of it's business. shall be at the City of Bis bee. Cochise County, Arizona. The general offices of the corporation shall be at Marquette Mich. with branch offices at such other places as the Board of Directors may fIcm lime to time direct.
 The general nature of tho business proposed to be transacted by said cor poration is to purchase. take on lease, option. contract or otherwise acquire any mineral lands, mines or mining rights, lands. building, easements. rights or privileges. machinery. plant and other effects and propeTty, real. personal. and mixed. to the same ex- tent as natural person might or could do. and in any part of the world which the said corporation may from time to time deem fit to acquire for any of its purposes; to prospect for ores and minerals: to develop mines and grant licenses for mining in, over and under any lands which may be ac- quired by the company; to sell or otherwise dispose of the lands, mines or other properties of the company or any part thereof in such manner as may be provided by the bylaws of the company, to carry on the business of mining, milling. smelting and re- fining company. and as auxiliary thereto to purchase, lease or otherwise acquire buildings and works. to ac- Quire any patent rights, licenses or privileges, to enter into, make, per form and carry out contracts of every kind with any person, firm or corpor- ation the same as a natural person may do; to buy, sell manufacture and deal in ores, minerals, machinery. i'm plements, goods, wares and merchan- ,ise of every kind and nature; to plat townsites and sell lots in same, also to organize mining companies and to hold stock in same. and gen. erally to do any and all ac,s and bus mess herewith, incidental to the pur- poses aforesaid and not contrary to the laws of the Territory Of Arizona or of the United States.
 ". The amount of the capital stock of said corporation shall be One Million Dollars, divided into One Hundred Thousand shares of a par value of Ten Dollars each. Said stock to be issued and paid in from time to time lpon such terms and conditions as the | Board of Directors may prescribe, and such stock when issued shall be | forever non-assessable.
 w. The time of the commencement of | his corporation shall be the date of | he filling of a copy of these articles, l certified to by the Recorder of said Cochise county, in the office of the Secretary of the Territory of Arizona. md shall continue thereafter for a period of Twenty-Five (25) years.
 VI.
 The affairs of this corporation shall 'e conducted by board of five direc- ors, who shall be stockholders of the orporation and shall be elected at he annual meeting of the stockhola- ITS on the second Monday Of October n each year. The members of the Board of Directors for the current ear and until their successors are ones, Joseph J. Wirtz. Emil Marks nd James D. Blair.
 VII
 The highest amount of indebtedness nd liability. direct and contingent 0 which said corporation is at any ime to subject itself is the sum of 'en Thousand Dollars, but in no case hall such indebtedness be incurred to n amount exceeding two-thirds of the apital stock then outstanding.
 VIII. The private property of the stock olders shall be exempt from liability pr corporate debts. In witness whereof. We have hereun- 3 set our hands, this 26th day of No ember, A. D. 1902.
 A. GRABOWSKY,
 G. A. LARSON,
 R. J. WIRTZ,
 c. W. HALL.
 LOUIS GRABOWER.
 SHELLY B. JONES. f
 JOSEPH J. WIRTZ.
 EMIL MARKS.
 tate of Michigan, County of Mar
 quette. ss.
 Before me, Sam'l E. Byrne, notary ublic in and for the County of Mar uette. State of Michigan on this day appeared Louis Grabower. helley B. Jones, Joseph, J. Wirtz and mil Marks known to me to be the ( ersons whose names are subscribed ) the foregoing instrument, and ac- to me that they executed le same for the purpose and consid- r 'ation therein expressed. c Given under my hand and seal of I lice this 26th day of November, A. . 1902. My comm ission expires I