Bisbee daily review., 1903-08-07
ARTICLES OF INCORPORATION
 -of the 6ls6EE & SUPERIOR DEVELOP. > MENT COMPANY.
Men by These Presents:

 s MENT COMPANY.
 Know All Men by These Presents:
 nat We, whose hands are hereunto affixed' do hereby associate ourselves to- sethef Tor the purpose of forming cor porauon under the laws Of the territory CT Arizona, and to that end make the Following statement:
 That the names of the incorporators are Henry J. Vivian Carlos D. Shelden, Benjamin F. Cheynowetn, R. skIff Shel- pen, archipald ). Scott. Thomas Maslin, James Naukervis, Arthur E. Seaman, Louis H. Richardson, Joseph c. Weiss miller. Joseph G. Bertrans-; and the BIsBEE AND SUPERIOR DEVELOP, MENT COMPANY;
 The principal place in which the busi- ness of said corporation within the terri tory of Arizona is to be transacted IS Risbee, Cochise county, Arizona. The principal place of business of this cor poration outside of the territory of AI1- Sona shall be the village of Calumet county of Houghton, and state of Mich igan, at which meetings of the Board of Directors may be held, and the corpora tion may have such branch offices, either within or without the territory of Arizona may be established by the Board of Directors.
 III
 The general nature of the business pro posed to be transacted by this corpora ton is as follows, to-wit:
 s4 To make contracts: to purchase, lease bond. locate or otherwise acquire own exchange. sell or otherwise dispose of pledge. mortgage, hypothecate and deal in real estate and any and all kinds or personal property, mines. mining claims oil lands mineral lands, oil, gas asphalt um, petroleum, asbestos. salt water and water rights and machinery, and to work, mine, explore, operate anu oe1 velop the same: to do a general real estate. manufacturing and mercantile business; to own. handle and control letters patent and inventions and shares of capital stock of other corporations; ia borrow money and execute notes, bonds. mortgages, or deeds of trust to secure the same, and to exercise in respect of all such bonds. mortgages, notes, shares of capital stock and other securities ana obligations any and all rights. powers amd PrTgSi ncgSin I The reht to vote upon any shares of stock held by it. to the same extent that natural person might or could do; and in general to do all all of the business of this corporation in the territory of Arizona and elsewhere. not inconsistent with the laws or ,i1oa rne S hi'e"
 ".
 The amount of the capital stock of this corporation shall be Five Hundred Thou sand (S5OOooO) Dollars divided into Fifty Thousand 50. 0e0l shares Of the par Naile of Ten Dollars 6sl000) each. And at such time as the Board of Directors may by resolution direct said capital stock shall be paid into this corporation, either n cash. by the sale and transfer 10 il of real or personal property Tor me uses ment for which shares of the capital stock of said corporation may be issued and the capital stock so issued may of may not. as said directors may deter, mine. thereby and thereupon become and be fully paid up and non-assessable.
 V.
 The time of the commencement of this corporation shall be the date of the filing of these Articles of Incorporatlon m the office of the secretary Of Arizona: , 1,1 ana five years thereafter
 The affairs of this corporation are 10 be conducted by a board of eleven d. rectors and the following named are 10 constitute the Board of Directors uniil their successors are elected; Carlos F Shelden Henry J; Vivian. Benjamin F; Cheynoweth. R. Skif Shelden. Archibald | Scott Thomas Maslin. James l.. Nau- kervis, Arthur F. Seaman. Louis b Joseph c. -Bertrand. .Thersafter the Board of Directors shah e selected from among the stockholders as the bylaws of the corporation may provide, ne officers of this corporation until thelr successors are elected shall be: Carlos D. Shelden, president; Henry J. Nivlan' vice president: James l.. Naukervis, sec retary and James L. Naukervis' treas urer.
 The highest amount of indebtedness or liability. direct Or contingent. 10 which tNie corporation is at any time sup9e4i i shaH To ,rnree F'sp6rHd Tho''sanst DOT lays which amount does not exceed two thirds of the amount of the capital stock of such corporation tE f The private property of the stoekhoid CTS of this corporation shall be exempt from corporate debts of any kind what soever. ,-.. ,..-o,,,,.,, set our hands and seals this 5th day or May A. D. 1893