Bisbee daily review., 1903-08-21
ARTICLES OF INCORPORATION.
of the Houghton Development
 Company


 that we. Frank Hereford. H. B. Ten ny and R. A. Miller all of the city of Tucson. County of Pima, and Ter riiory of Arizona, have this day as- sociated ourselves together, and do hereby associate ourselves together for the purpose fformng a corpora sion under the laws of the territory of Arizona. and we do make, sign. ac- knowledge and publish these articles in writing an 70 hereby certify:
 ARTICLE I.
 The name of this corporation shall be and is the Eoughton De Nelopment Company.
 ARTICLE II.
 The principal place for the trans action of the business of this corpora ton in Arizona shall be Bisbee in G. chise County Arizona: the general ofce of this corporation shall be at Houghton, in the Counsy of Houghton, Michigan. and branch offices may he 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 iness 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:
 (a) In general to engage In and carry on the business of mining, re- fning. smelting 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 rieh-s buildings assessments rights r 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 for mining in anl over any lands which may be ac- quired bv this corDoration and 10 sell and otherwise dispose of the lands mines or other property. franchises or privileges of this company.
 (d) 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 others em ployed bv the comDany.
 (e) To construct carry out i'm prove manage work control and su- perintend any roais ways railways bridges reservoirs water courses ac- Queducts wharves furnaces mills crushing works hydraulic works cleo tric works factories warehouses or other works and conveniences which may seem directly or indirectly con hucive to any of the objects of tho company. and to contribute to. sub- sidize or otherwise aid CT partake ;n any such oneratons.
 f) To subscribe for. buy. SC or otherwise disDose of the capital stock or shares Of the capital S ock of this or any other corporation. and generally to do any and all acts ard things. and transact any and all other business incidental to the pur- poses or any of the purposes afor' said. and not contrary to the laws of the territory of Arizona o rof the United States.
 ARTICLE "
 The amount of the capital stock of this corDoration shall be One Mil lion Dollars (s1 900 0O0) divided into forty thousand (40 00O) shares Of the par value of Twentv-Five Dollars s25.00) each. to be pai5 in such man. ner and at such times as the Board of Directors shall determine and au- thorize.
 ARTICLE V.
 The time of the commencement of this corporation shall be the date of the filing in the office of the auditor of the Territory of Arizona of a cer- tfed copy of these Articles of Incor- poration and the termination thereof shall be twenty-five (25) years thereafter.
 ARTICLE VI.
 The affairs of this corporation sha'I be conducted by a Beard of Directors consisting of seven @ directors. who shall be stockholders of this corporation. The first directors shall be Graham Pope. Rufus R. Goodell. John H Rice. George c. Bar mum. Samuel Kaufman, Frederick G. Coggin and George c. Lawton. who shall hold office until the third Mo7- day in May. 1904. and until their suc- cessors are elected and qualified Thereafter the directors annually at a stockholders meeting to be held at th office of the company. either in Bisbee, Arizona or at Houghton. 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 ou the third Monday in May in each year. The Board of Directors shall have power at any time 10 ill vacau- cies therein. The board of direc- 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. a Secretary, Treasurer and such oth- CT officers as the Board of Directors may from time to time deem neces- eary. A meeting of the board of direc- tors of this corporation shall he held on the 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 purrose Of electing the First President. Vice Pre- ,'dsnt Secretary and Treasurer of this cor-