Bisbee daily review., 1905-08-10
ARTICLES OF INCORPORATION of the cochise Development Company.

ENIS: That We, the undersigned, have this day voluntarily associated ourselves together for the purpose of forming a corporation under the laws of the Territory of Arizona and have for that purpose adopted the following articles of incorporation:
 Article |.
 The names of the incorporators are: Joseph NJ Muheim, c. L. Jones and Charles B. Watts.
 Article il.
 The name of this corporation shall be the COchise Development Company
 Article iIl.
 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. opticn concession, grant, or otherwise, ali 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 for any of its purposes; to prospect and search for ores and minerals; to develop mines, and grant licenses for mining In and over lands which may be ac quired by this corporation and to sell and otherwise dispose of lands. mines and ether property. franchises or priv ileges 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: to subscribe for. buy, sell or otherwise dispose of the cap ital stock or shares of the capital 1 stock of this or any other corporation. and generally to do any and all acts | and things and to do and transact any or all business incidental to the pur- poses aforesaid. and not contrary to i the laws of the Territory of Arizona. |
 Article ".
 The amount of the capital stock of l this corporation shall be one million dollars ($l .0O0. .00Ol, divided into one | hundred thousand (lO0.OOOl shares of the par value of ten dollars ($10) 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 eerti- fled copy of these articles of incor- poration, and the termination thereof shall be twenty-five (25) years there after.
 Article VI.
 The affairs of this corporation shall ii be conducted by a hoard of directors, consisting of five members, who shall be stockholders of the company. The first directors shall be l.. C. Shattuck { Joseph M MuheIm. c. L. Jones. Char es Forcado and Charles B. Watts i 5 and shall hold office until their sue ( ,essors are chosen and qualified. q Thereafter the directors shall be elect V I'd annually, at the stockholders meet [ ng to be held at the office of the com l lany, at Bisbee, Arizona, on the sec md Tuesday in January of each year ! The board of directors shall have the g bower to adopt bylaws for the gov s srnment of the corporation, and i lmend or alter the same as they shall ( ieem best The officers of this cor ' ,oration shall be president, yice-presi-l ' lent, secretary and treasurer, and g Iuch other officers as the board of ' directors may from time to time deem | necessary, and shall hold their off c .es until their successors shall be 2 .hosen and qualified.
 Article VII. t The highest amount of indebtedness { ,r liability to which this corporation c s at any time to subject itself shall | n no case exceed the slm of five ? hundred thousand dollars ($500,000) ' .xcept upon the written consent of a he holders of more than one-half of g he capital stock outstanding at the ime the obligation is incurred, and | .t no time shall an indebtedness be a incurred to an amount exceeding two 2 hirds of the outstanding capital q tock of this corporation. t
 Article VIII. d The private property of the stock folders of this corporation shall be .xempt from any and all liability for . he corporate debts and liabilities of il HIS COI pOto oAiC1s IN WITNESS WHEREOF, we have r lereunto set our hands this 24th day r f July, 4. D. 1905. L
 JOSEPH M. MUHEIM. D
 c. L. JONES. 2
 C. B. WATTS. a Territory of Arizona. County of Co a hise, ss. Q Before me, M. E. Cassidy, a notary e ,ublic in and for the County of Co O .hise. Territory of Arizona, on this V lay personally appeared Joseph NJ. c Juheim. c. l.. Jones and Charles B. a Watts. known to me to be the per X ons whose names are subscribed to a he foregoing instrument, and each c f them acknowledged to me that he n .xecuted the same for the purpose and f. therein expressed. q Givn under my hand and seal of ( ,ffice this 24th day of July, 1905. e My commission expires January II. | 90S. r (Seal.l NJ. E. CASSIDY, 1
 Notary Public. c Recorders Office. Tombstone. Co., V .hise County. Arizona. c