Bisbee daily review., 1903-11-03
ARTICLES OF INCORPORATION
Ct San Marciano Gold Mining and
 Milling Company.

kh.oENTS, that we. the under s'eA' d. L. V. Leese. D. L. Ortega. A. E. Wad.eish and N. L. Bailey. have N"untariiy associated ourselves for the purpose of forming a corporation uAcer the laws of the Territory oi ..> a. anu we certify:
 "1ist-rhat the name of the said Gen oratiop shall be San Marciano Gold Mining and Milling Company"
 eoond. That the principal place cI transaction {. of business shall be at Naco, A. T.
 'iLird. The Capital Stock of said Co poiation shall be Five Hundred lncusand Do iars (s5OO,U00.0o), di- vided into Five Hundred Thousand 6 C0y) shares of the par value of One Dollar (s1.0o) each. These sAa4es, when issued. snail be fully paid up and non-assessable. Said cap ita; stock or any part thereof may be s5l. for cash or may be issued 'n ptSment for property, services, rights c. nterest purchased or othe. wise Ac- quiIed by said corporation, upon such tenn as the Board of Directors may deiel mine.
 F"urth. That the general nature of the business to be transacted by ta- sad corporation is: To locate, pl7- chase. lease. hold. work, develop, seil, mortgage and dispose of, mines and Dineral lands, mIil sites, timber lands ana ranches; electric light plantF found ies and power plants, water and
 
 wagon roads, rallroads and tramways, sa'iQg vessels and steamers, leading from it's principal works 10 existing highways, railroads, navigable streams and seaports: franchises, machinery WAYS. railroads, nav!gaole streams alt seapo ts; franchises. mechinerN and apparatus, stamp mills, smelters, rctimeries and processes, and to main tam. use, operate the same for min ing. extracting. milling, reducing, r-s fning and otherwise treating, shlp- Ilng, handling and otherwise dispos- ing of ores for the recovery of gold, silver, copper and other metals and binei al oils. Also to own, sell, pur- chase, mortgage, and otherwise to ac- quire and dispose of real estate and other property including townsites ana to mine, extract, reduce and smelt, refine and treat, ship and han dle ores and oil for itself and GUS tom. Also to deal in mercL andiSe, to create indebtedness and execute promissory notes and other evidence of indebtedness ana 10 secure the payment thereof an1 10 pay the same in capital stock or money or other wise, it being provided at .he nigh est amount of indebtedness and lia. biEty shall not at any time exceed in
 aggregate the sum Of One nun dred Thousand Dollars ,000.U0) and to ao and perform any and all aces necessary to be Oone for the pur- pose aforesaid, whenever and wherev- CT deemed advisable by the Board of Directors of said corporation. within said Territory, within ;he said United States and Republic of Mexico. Fifth The time of conmencemeni of this corporation shall be on the date of the n,lng of these articles oi Incorporation in the office-of the Coun U Recorder of the County of Cochise in inc Territory of Arizona, and the term of ttte corporation and the timt for which !; shall endure shall bt tnty years rom and after the tatt of the thing Of these articles of incor poratiOn Tn the oftice Of the Count! Recorder, ;at the expiration of whicl fifty years the corporation shall ter minate and end, unless renewed pur Fsnant to he laws 0! tDe Territory 0 Ari.Cn2.
 5iz.A The nanae eement and con coItra. of he corporation's bushes and affairs and proper-y shal be yes, a in ana coaCucted by Board o Uirectcrs consisting or nor les than three s3) or no; nor than nine go Directors who shall b selected each year from the Share holders at the regular annual meeting az he Bylaws nay direct. The shall hold ofice for one year or unt their successors are elected. The fo lowing shall constitute the Director pro tenn until their successors ar elected and have qualified: D. L. Ort' ga. L. V. Leese, 4. B. Wadleigh II uautt, sSCo tsfNoEitOfJ dllC 2N- A>- A$eA1'S-
 Seventh. No person shall be elis bic to hold office or to be directe who is not share hoider, and if an director ceases to be shareholder h shall cease to be director thereo If a vacancy ir the Board of Director occurs from this or any other caus it sbai! he filed by the renainin members by election of another stocI holder 10 fill this vacancy.
 Eighth The officers of this corp ration shall be, 9 President. Vice Pre- ident, Secretary and Treasurer, ar the Board Of Directors may appoil such other ohicers, agents and CT ployees as they may deem advisabi President, viee President, Secretal and Treasurer shall be members the Board Of Directors and shall ho office fof one year or un,-. their su eessors are elected and have qua fed, but all other officers. agents al employees may or may not be me'