Bisbee daily review., 1906-02-07
w. hlChS,
 City Clerk

V. W. t1ANfNo,
 City Clerk
 
 KNOW ALL MEN BY THESE PRESENTS: That we, the undersign- ed have this day voluntarily associated ourselves together, and hereby do vol untarily associate ourselves together, for the purpos, of organizing and creat- ing corporation under the laws of the Territory of Arizona, and in that be- half, and for that purpose, we do here by certify:
 That the name of the incorporators are the following, to-wit: s. W. Claw sIn, Parker L. Woodman, Alexander Erickson, Benjamin F. Sanborn, and Byron F. Sanborn, each and all resi- dents of the City of Bisbee, in the County of Cochise. Territory of Ari- zona, w. J. Fisher, a resident of the City of Los Angeles, in the County of Los Angeles, in the State of California, and Fred NJ. Welsh. a resident of the City of Tucson, in the County of Pima, and Territory of Arizona. That the name of the said corporation, and by which 1t shall be known in law, is "Ad- ,yarce Development and Mining Com, pany." That the principal place for the transaction of the business of said corporation shall be at the City of Bis bee, County of Cochise, and Territory of Arizona.
 That the general nature of the busi- ness proposed to be transacted by said corporation is as follows, to-wit: In general 10 engage in and carry on the business of prospecting and developing mines. mining locations and mining properties; to egage in and carry on the business of mining, refining, smelt- ing, minerals and metals: to purchase, lease, and acquire by license, bond, conveyance, concession, grant or other wise, any land, mining locations, mines, minerals, rights, buildings. easements, franchises, privileges, machinery, plant and other property whatsoever, which said company may think proper from time to time to acquire, or to be ac- quired, for any of its business pur- poses; to prospect and search for ores and minerals. to mine and grant li- censes for mining in and over any land which may be acquired by the con- pany; to buy, sell, deal in minerals, plant, machinery, implements, con- Teniences, provisions and other things capable of being used in connection with mining operations, or required by workmen employed by the company, or by the general community; to con- struct, carry cut, improve, manage, irr 1S ways, railways, bridges, reservoirs. water courses, acqueducts, wharves, furnaces, mills, crushing works, hy- Graulic works, electric works, electric lights, factories, warehouses and other works and convenlences which may seem directly or indirectly conducive to any of the business or interests of the company, and to contribute 10, sub- sidize, or otherwise aid or partake in any such operations, and generally to do any and all acts and things, and transact any ard all other business in- cident to the purposes and business aforesaid, and not contrary to the laws of the Territory of Arizona and of the United States of America.
 III.
 The amount of the capital stock of the said corporation and company shall be one million (s1,OOO,0O0) dollars. divided into four hundred thousand (400,00O) shares of the par value of two and 5O-100 (S2.5O) dollars each. The capital stock of said corporation shall be paid in either in property or in cash, according to the terms and conditions of the several contracts pur- suant to which the shares shall be is sued, and according to the exigencies and needs of said corporation, as the same shall be, or appear to be, from time to time, and said capital stock shall be so paid in at such time and times as the Board of Directors of said corporation shall from time to time determine. Said shares, and all of the same, shall, when issued, be issued as fully paid and non-assessable shares. Said corporation shall have the right, from time to time, to sell and dispose of, and issue it's said shares, or any part thereof, at their then market value, whether the same be less than the par value of the shares or other wise.
 ".
 Said corporation shall endure and continue for period of twenty-five years, and shall commence on the 18th day of December, A. D. 1905, and shall terminate on the 14th day of December, A. D. 1930
 V.
 The affairs of said corporation shall be conducted by a board of seven di- rectors, who shall be elected at the annual meeting of the shareholders of said corporation, which said annual meeting shall be held at the said prin- cipai place of business of said corpora ton on the first Monday of August, of each and every year, commencing with the first Monday in August in the year A. D. 1906, and such other officers as said board of directors shall from time to time elect, including a President, ice-President, Treasurer, General Manager and Secretary. The mem