Bisbee daily review., 1903-08-20
ARTICLES OF INCORPORATION
of the H0ushton Development

that We frank hereford. h. B. Ten ny and R. A. Miller, all of the city of Tucson. County of Pima. and Ter rfiory of Arizona, have this day as- sociated ourselves together. and do hereby associate ourselves together for the purpose o fformng a corpora tion under the laws of the territory of Arizona. and we do make, sign. acs knowledge and publish these articles in writing an 70 hereby certify:
 ARTICLE I.
 The name of, this corporation shall be and is the Koughton De velopment Company.
 ARTICLE fl.
 The principal place for the trans action of the business of this corpora ton in Arizona shall be Bisbee in Co., chise County Arizona: the general oflce of thls corporation shall be at Houghton. in the County of Houghton Michigan. and branch offices may be establishel at such other places as the board of directors may from time to time direct, Said corporation may also carry on and transact bus mess of the kind and nature herein after provided in any or all othe- states and territories of the United States.
 ARTICLE III
 The business purposed to be car ried on by the sail corporation and the purposes for which the same is formed are as follows:
 ta) In general to engage in and carry on the business of mining. re hning. smelling and manufacturing of any and all kinds of ores. miner als and metals.
 (b) To purchase lease or acquire by license bond option concession grant or otherwise any lands mines mineral righ-s buildings assessments rights privileges machinery plant or other property. or effects whatso- ever which the company may think proper from time to time to acquire for any of it's purposes.
 (c) To prospect and search for ores and minerals; to develop mines and grant licenses fer mining in ani over any lands which may be ac- quired by this corporation and 10 sell and otherwise dispose of the lands, mines or other property. franchises CT privileges of this company.
 Cd To buy sell manufacture and deal in minerals plants machinery implements cor.veriences provisions and things capable of being used in connection with mining operations or required bv workmen or olers em ployed by the company.
 Gel To construct carry out i'm prove manage work control and su- perintend any reads ways railways bridges reservoirs water courses ac uueducts wharves furnaces mills crushing works hvdrauEe works cleo. tric works factories warehouses or other works and conveniences which may seem directly or indirectly con fucive 10 any of the objects of tha company. and 10 contribute to. sub sidize or otherwise aid or partake ,n any such onerat.ons.
 O To subscribe for. buy. SC or otherwise disn0se of the capital stock or shares of the capital sock of this or any other corporation. and generally 10 do any and all acts ard things. ard trarsact any and all other business incidental 10 the pur- poses or any of the purposes afor,- said. and not contrary to the laws of the territory of Arizona rof the United States.
 ARTICLE "
 The amount of the capital stork of this coruoraticn shall he One Mil lion Dollars (s1 0O0 0oG) divided into forty thousand (a0 .O00) shares Of the par value of Twe1ty-Ffve Dollars (s25,00) each. 10 be paid in such man ner and at such times as the Beard of Directors shall determine and au- thorize.
 ARTICLE V.
 The time of the commep cement Df this corporation shah be the date of the filing in the office of the auditor Of the Territory or Arizona of a cer- tfed copy of these Articles of Incor- poration and the termination thereof shall he twenty-five (25) years thereafter
 ARTICLE VI.
 The affairs Of this corporation shall be conducted by Board of Directors consisting of seven CD directors. who shall be stockholders of tbis corporation. The first directors shall be Graham Pope. Rufus R. Goodell. John H Rice George c. Bar mum. Samuel Kaufman, Frederick G Cosgin and George C. Lawton. who shall hold offire until the third Mo7- day in May. 1904. and until their sue cessors are elected and qualified Thereafter the directors annually at 6 stockholders meeting to be held at th office of the company, either in Bisbee, Arizona or at Hougbton. Michigan. on the thrd Monday of May at 10 o'clock a. m. in each year. shall be elected and qualify for the term of office commencing or the third Monday in May in each year. The Board of Directors shall have power at any time to fill vacan- cies therein. The board of diTec- tors shall have power to meet at any place by them designated.
 ARTICLE VII
 The officers of this corporation shall be President, a Vice-President. who must be elected by the board of Directors from their own number, n Secretary. Treasurer and such oth- CT officers as the Board of Directors may from time to time deem neces- sary. A meeting of the board of direc- tors of this corporation shall be held On rhe 18th day of August. 1903 at 10 o'clock a. m- of said day, at the office of this corporation in Houghton. Michigan, for the purrcse of electin2 the First President Vice PreJ'dsnt Secretary and Treasurer of this cor