Bisbee daily review., 1903-11-05
ARTICLES OF INCORPORATION.
Of San Marciano Gold Mining and
 Milling Company.


 PRESENTS, that we. the under sisred, L. V. Leese. D. L. Ortega. A. B Wadleigh and N. E. Bailey. have voluntarily associated ourselves for the purpose of forming a corporation uliGer the laws of the Territory of AT.zcna, and we certify:
 FIIst.-That the name of the saio Corporation shall be San Marciano Gold Mining and Milling Company" second. That the principal place cf, ti iansaction of business shall be at Naco, A. T.
 Third. The Capital Stock of said Ger poration shall be Five Hundred Thousand Dollars (s500.000.0O), di- vided into Five Hundred Thousand t5tc 00O) shares of the par value of One Dollar (s1.0O) each. These shaies, when issued. shall be fully paid up and non-assessable. Said cap ita; stock or any part thereof may be solI for cash or may be issued in pay ment for property, services, rights of interest purchased or otherwise .ac- cured by said corporation, upon such terms as the Board Of Directors may deieI mine.
 Fnurth. That the general nature of the business to be transacted by tae sad corporation is: To locate, DIT chase, lease, hold, work, develop, sell, mortgage and dispose of, mines and mneral lands. mIll sites, timber lands and ranches; electric light plants, foundries and power plants, water and vaie1 rights, ditches and aQueoucts, wagon roads, railroads and tramways, sailing vessels and steamers, leading from its principal works to existing highways, railroa6s, navigable streams and seaports: franchises, machinery ways. railroads, navigable streams aE,i seaports; franchises, machinery and apparatus, stamp mills, smelters, refineries and processes, and to main- tain. use, operate the same for min ing. extracting, milling, reducing, r2- fning and otherwise treating, ship ping, handling and otherwise dispos- ing of ores for the recovery of gold, silver, copper and other metals and bine, al oils. Also to own, sell, pur- chase, mortgage, and otherwise to ac- cuire and dispose of real estate anu 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 merchandise, to create indebtedness and execute prOmissory notes and other evidence of indebtedness. anC to secure the payment thereoI ani to pay the same in capital stock ar money or other wise, it being provided at ne nigh est amount of indebtedness and lia- bility shall not at any time exceed in ? aggregate the sum of One Hun dred Thousand Dollars > ,000.00), and to do and perform any and all aces necessary to be cone for the puT- pose aforesaid, whenever and wherev- CT deemed advisable by the Board of Directors of said corporation, within said Territory, within the said United States and Republic of Mexico. Fifth The time of commencement Of this corporation shall be on the date of the nnng of these articles ot Incorporation in the office of the Coun- ty Recorder of inc County Of Cochise In the Territory Of Arizona, and the term of the cor porat!on and the time for which it shall endure shall be F.lIy years from and after the date of the filing Of these articles of incor poration in the office of the County Recorder. at the eypiis ton Of which fifty years the corporation shall ter minate and end, unless renewed puE suasr 70 the laws 0: .he Territory 0 Arizona.
 Sixth Tho 2.2na2 ement and con ccDtroI cg the corporation's bushes and affairs anu proper shall be vest ed ii. ard ooaCucted a Board o Directors consisting or not les than three t3) or not nor than nine ts) Directors who shall b. selected each year from the Share holders at the regular annual meeting as the Bylaws nay direct. The, shan hold ufnce TOT one year or untl their successors are elected. The 10 lowing shall constitute the Director pro tern until their successors ar elected and have qualified: D. L. Ort' al. V. Leese, A. B. Wadleigh. H. Can't, Jos. O'Connor. anc N. E. Baiie!
 Seventh Nc person shall be elig ble' to hold office or to be directo who is 10. a share holoer, and if an director ceases to be shareholder Il shall cease to be q director thereo If a vacancy iE the Board of Director occurs from this or any other caus' it shall be filled by the remainin members by election Of another stocl holder to fill this vacancy.
 Eighth. The officers of this corp ration shall be. President, Vice Pre- ident. Secretary and Treasurer, ar the Board of Directors may appoil such other officers, agents and CT ployees as they may deem advisabl Prcs.Gent. Vice President Secretal and Treasurer shall be members
 the Board of Directors and shall ho office for one year or un.4 their su cessors are elected and have qua fed, but all other officers, agents a' employees may or may not be mel be.s Of the Board Of Directors n Board of Directors shall have pow