Bisbee daily review., 1903-08-08
ARTICLES OF INCORPORATION
 -of the eisREE & SUPERIOR DEVELOP MENT COMPANY.
l Men by These Presents: 1:

MENT COMPANY.
 Know All Men by These Presents:
 That We, whose hands are hereunto gether for the purpose of forming a cor pofauon under IEe laws or the territory Of Arizona, and to that end make the following statement:
 That the names Of the incorporators are Henry J. Vivian, Carlos D. Shelden, cen, Archibald j. Scott, Thomas Maslin. James Naukervis. Arthur E. Seaman, Louis H., Richardson, Joseph c. Weiss miller. Joseph G. Bertran-: and the name of the corporation shall be the BISBEE AND SUPERIOR DEVELOP MENr COMPANY,
 The principal place in which the busi- ness of said corporation within the terri tory of Arizona is to be transacted is Bisbee. Cochise county, Arizona. The principal place of business of this cor poration outside of the territory of Ari- zona shall be the village of Calumet county or 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 as may he established by the Board of Directors,
 III.
 The general nature of the business pro- posed to be transacted by this corpora tion is as follows to-wit:
 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 Of 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 and de- 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; to borrow money and execute notes, bonds. mortgages, or deeds of trust 10 secure the same, and to exercise in respect ot all such bonds. mortgages, notes, shares of capital stock and other securities and obligations any and all rights, powers and privileges of individual owners thereof, including the right 10 vote upon any shares of stock held by it. to the same extent that a natural person might or could do; and in general to do all things necessary to the proper conduct of the business of this corporation in the territory of Arizona and elsewhere not inconsistent with the laws of the United States and the territory of Arizona.
 ".
 The amount of the capital stock Of this corporation shall be Five Hundred Thou sand $500 e0O Dollars. divided into Fitty Thousand C0.0o0) shares of the par value of Ten Dollars Csl0.00) each. And at such resolution direct. said capital stock shall be paid into this corporation, either in cash, by the sale and transfer to 1t or real or personal property Tor the uses and purposes of said coronation, in pay ment for which shares of the capital stock of said corporation may be issued and the capital stock so issued may O may not as said directors may deter mine, thereby and thereupon become and be fully paid up and non-assessable-
 The time of the commencement of this corporatio shall be the date of the nhng of these Articles of Incorporation Tn the office of the secretary of Arlzona' ana the termination thereof shall be twenty five years thereafter.
 VI.
 The affairs of this corporation are 10 be conducted by a board of eleven ol, ,o. constitute the Board of Directors unIli their successors are elected; CarIos r shelden. Henry J; Vivian. Benlamiiini f !, Scott. Thomas Maslin. James L. Nau- keryis Arthur E. Seaman. Louis II Richardson. Joseph c. Weissmiller ana Joseph G. Bertrand. Thereafter the Board of Directors shall e selected from among the stockholders, as the oy-lasrWS of the corporation may provlde Is officers of this corporation until thslI successors are elected shall be: Carlos D Shelden president; Henry J.. Vivian vice president; James l.. Naukervis, sec retary and James L. Naukervis, treas urer.
 The highest amount of indebtedness or liability. direct or contingent. 10 Wf. WflcI. this corporation is at any time supgeS;t shan he Three Hundred Thousand Dol lars. which amount does not exceed two thirds of the amount of the capital stock Of such corporation
 The private property of the stockhold. CTS of this corporation shall be exempt from corporate debts of any kind what soever. ,o.,,,.o se, mir hands and seals this 5th day or