Bisbee daily review., 1903-08-12
ARTICLES OF INCORPORATION
 of the BIS5EE & SUPERIOR DEVELOP. MENT COMPANY.

MENT COMPANY.
 Know All Men by These Presents:
 That We, whose hands are hereunto gether for the purpose of forming a cor poration under the laws of 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, Benjamin r. Cheynowetn, R. Sklff Shell den. Archibald J. Scott. Thomas Maslin. James Naukervis. Arthur F. Seaman, Louis H. Richardson. Joseph c. Weiss miller. Joseph G. Bertran~: and the name of the corporation shall be the BISBEE AND SUPERIOR DEVELOP MENT COMPANY.
 The principal place in which the busi- ness of said corporation within the terri tory of Arizona is 10 be transacted is Bisbee. Cochise county. Arizona. The principal place of business of this cor poration outside of the territory of Ari- xona shall be the village of Calumet. county of Houghton. and state of Mich igan. at which meetings of the Board of Directors may be held. and the corpora either within or without the territory of Arizona as may be 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. in real estate and any and all kinds or 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 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 to secure the same. and 10 exercise in respect of all such bonds, mortgages, notes, shares obligations any and all rights. powers and privileges Of individual owners thereof, including the right to 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 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 ($5OO, ,Ooo) Dollars. divided into Fifty Thousand (50.0o0) shares of the par value of Ten Dollars Cs10OO) each. And at such time as the Board of Directors may by resolution direct said capital stock shall be paid into this corporation. either m cash, by the sale and transfer to it Of real or personal property for the uses and purposes of said corora tion in pay stock of said corporation may be issued and the capital stock so issued may or may not. as said directors may deter mine, thereby and thereupon become and be fully paid up anT non-assessab!e-
 The time of the commencement of this corporation shall be the date of the filing of these Articles of Incorporation in the office of the secretary Of Arizona, ana the termination thereof shall be twenty five years theFeaftveTI
 The affairs Of this corporation are 10 be conducted by board of eleven di- rectors and the following named are to constitute the Board of Directors unrll shelden. Henry J Vivian. Benjamin F. l Cheynoweth. R. Skin shelden, Archibald l J. Scott. Thomas Maslin, James L. Nau- Richardson, Joseph c. Weissmiller and Joseph G Bertrand. Thereafter the | Board of Directors shall e selected from among the stockholders. as the bylaws of the corporation may provide: The officers of this corporation until their successors are elected shall be; Sarlos D. Shelden. president: Henry J. Vivian vice president: James l.. Naukervis. sec I retary and James L. Naukervis, treas urer. The highest amount of indebtedness G. Iiahilitv. direct or contingent to whlcn this corporation is at any time supieG;l 2ee; shall be Three Hundred dt dhoGSand excend tyo- thirds of the amount of the capital stock of such corporation: The private property of the .stockhold. a,s of this corporation shall be exempt fro51. corporate debts of any kind what soeveri ,.. set our hands and seals this 9th day of Na-- A n