Bisbee daily review., 1903-04-16
ARTICLES OF INCORPORATION.
 of the Calumet and Coehise Development Company.
 

of the
 Calumet and coehise Development
 Company.
 KNOW ALL MEN BY THESE PRESENTS. That we. the under signed. have this day voluntarily as sociated ourselves together for the purpose of forming corporation under the laws of of the Territory of Arizona and We hereby certify:
 L
 That the name of the ileorperators are Frank s. Carlton. F. A. Kolhaas. Fred Smith, Richard Edwards, John Danie,l and William R. Oates.
 II.
 That the name of the said corpora ton and by which it shall be known in law, is the Calumet and Cochise De velopment Company" That the prin- cipal place for the transaction of its business in Arizona shall be at Bisbee, in Cochise County. Arizona. The general offices shall be at Calumet, Michigan, with branch so1kces at such other places as the Board of Directors may from time to time direct Said Company may also carry on and trans act business of the kind and nature hereinafter provided, in all other States and Territories whatsoever.
 III
 The business proposed to be trans acted and carried on by the said Cor poration is as follows: In general to engage in and carry on the business of mining. refining. smelting and man ufacturing any and all kinds of ores, minerals and metals; to purchase, lease or acquire by license, bond. con cessiop, grant or otherwise. any lands. mines, mineral rights. buildings. ease ments, rights or privileges, mschi- pery, plant or other effects whatsoev- CT, which the Company may think proper from time 10 time to be ac- quired for any of its purposes; to and search for ores and to develop. mine and grant licenses for mining in and oyer any lands which may be acquired by the Company and to sell and otherwise dispose of the lands, mines or oth- CT property of the Company; to buy. sell manufacture anr deal in minerals. plants, machinery. implements. con veriences, provisions and things ca paple of being used in connection with mining operations or acquired by workmen or others employed by the Company; to construct, carry out. i'm prove, manage. work, control and su- perintend any roads, ways. railways, bridges, reservoirs, water-courseS, aqueducts. wharves. furnaces, mills. crushing works. hydraulic works. cleo tric works. factories. warehouses and other works and conyenieDces which may seem directly or indirectly con ducive to any of the objects of the Company. and to contribute to, subsi- dize. or otherwise aid or parake in. any such operations: to buy. sell or otherwise dispose of the capital stock of this or any other corporation and generally to do any and all acts and things and transact any and all other business incidental to the purposes aforesaid and not contrary to the laws of the Territory of Arizona or of the United States of America.
 "
 That the amount of the capital stock of the said Corporation shall be Four Hundred Thousand Dollars. divided into Forty Thousand shares of a par value Of Ten Dollars each. payable in cash on call of the Board of Directors.
 "
 That the time of commencement of said Corporation shall be immediately on fling these articles with the Re- corier of the County of Cochise, Ari- zoua, and the Secretary of the Territo- continue for a period of twenty five years from and after the date of said fling.
 VI.
 The affairs of the sa:d Corporation shall be conducted by . Board of d. rectors, who shall be stockholders Of the Corporation and shall be elected at the annual meeting of the Corpora tion on the Second Tuesday in November in each year, and and the officers of sasd Corpora ton. shall be a President and Vice President, both to be elected by the Board Of Directors from their own number: a Secretary. Treasurer. and such officers as the Board of Di- rectors may deem necessary. who may be chosen from among the stockhold- CTS The members of the Board of Directors for the current year and un- til their successors are chosen and qualified are:
 Frank s. Carlton. F. A. Kolhaas Frederick Smith. Richard Edwards John Danieil. of Calumet. Michigan ; Frederick Nichols. of Houghton, Mich. igan NJ. J. Cunningham, of Bisbee | Arizona
 That the said Corporation is not a. any time to subject itself to a greater liability than One Hundred Thousand Dollars except upon the written COZ sent of the holders Of one-half of the capital stock outstanding at the tims the obligation is incurred and in nt case shall such indebtedness be sn cured to an amount exceeding two thirds of the outstanding capita stock.
 That the private property of stock holders of said Corporation shall b. exempt from liability for corporat' debts-