Bisbee daily review., 1905-08-13
ARTICLES UF INCORPORATION Of the coehise Development Company

NN4NON ALL ALIEN Dl hESE FtansH- ENTS; That we. the undersigned. have this day voluntarily associated ourselves together for the purpose of forming corporation under the laws Of the Territory of Arizona and have Tor that purpose adopted the following articles A incorporation:
 Article [.
 The names of the incorporators are: Joseph Nj. Muheim, c. l.. Jones and Charles B. Watts.
 Article II.
 The name of this corporation shall be the Cochise Development Company.
 Article lll.
 The general nature of the business proprOsed to be transacted is as fol- lows; To carry on the business of mining, refining. smelting and reduc- ing any and all kinds of ores, minerals and metals; to purchase and become the owner of. by license, bond. option. concession, grant, or otherwise, all lands, mines, mining or mineral rights or concessions, possession, rights or privileges, buildings. machinery. water rights, or other property or effects which the company may think proper from time to time to acquire fer any Of it's purposes; to prospect and search for ores and minerals to develop mines, and grant licenses for mining m and over lands which may be ac- Quired by this corporation and to sell and otherwise dispose of lands. mines and other property, franchises or priv heges of this company; to buy. sell and deal in minerals, plants, machin- cry, implements, cOnveniences. pro visions. property and things capable of being used in connection with min ing operations, or required by work men or others employed by the com pany; 10 subscribe for. buy, sell or otherwise dispose of the cap ital stock or shares of the capital stock of this or any other corporation. and generally to do any and 2Ii acts and things and to do and transact any or all business incidental to the pur- Poses aforesaid. and not contrary to the laws of the Territory of Arizona.
 Article w. The amount of the capital stock of this corporation shall be one million dollars (s1,O06,OO0 divided into one hundred thousand 100000 shares of the par value of ten dollars (s1O) each, to be paid at such times and in such manner as the board of directors shall from time to time determine.
 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 certi- fled copy of these articles of incor- poration. and the termination thereof shall be twenty-five (25l years there l after.
 Article VI.
 The affairs of this corporation shall be conducted by a board of directors, consisting of five members, who shall | be stockholders of the company. The | first directors shall be L. c. SSattuck, | Joseph NJ. Muheim, c. L. Jones, Char les Forcado and Charles B. Watts, | and shall held office until their sue cessors are chosen and qualified. Thereafter the directors shall be elect ed annually, at the stockholders meet ing to be held at the office of the com pany, at BisOee, Arizona, on the sec ond Tuesday in January of each year. The beard of directors shall have the power to adopt bylaws for the gov eTnment of the corporation, and | amend or alter the same as they shall | deem best. The officers of this cor pOration shah be president, vice-presi- | dent, secretary and treasurer, and l such other officers as the board of | directors may from time to time deem | necessary, and shall hold their off l ces until their successors shall be chosen and qualified.
 Article VII. The highest amount of indebtedness | or liability to which this corporation is at any time to subject itself shall in no case exceed the sum of five hundred thousand dollars ($5O0, ,000) except upon the written consent of the holders of more than one-half of the capital stock outstanding at the time the obligation is incurred. and at no time shan an indebtedness be incurred to an amount exceeding two thirds of the outstanding capital stock of this corporation.
 Article VIII. The private property of the stock holders of this corporation shall be exempt from any and all liability for the corporate debts and liabilities of this corporation.
 IN WITNESS WHEREOF, we have hereunto set our hands this 24th day of July, A. D. 1905.
 JOSEPH NJ. MUHEIM.
 C. L. JONES.
 C. B. WATTS.
 Territory of Arizona, County of Co., chise, ss.
 Before me, N. E. Cassidy, a notary public in and for the County of Co- chise, Territory of Arizona, on this day personally appeared Joseph M. Muheim, C. L. Jones and Charles B. Watts, known to me to be the per sons whose names are subscribed to the foregoing instrument, and each of them acknowledged to me that he executed the same for the purpose and consideration therein expressed.
 Givn under my hand and seal of office this 24th day of July, 1905.
 My commission expires January II, 1908.
 (Seal) NJ. E. CASSIDY,
 Notary Public. r2ooor5orss Off5oa Tom befoup Co.