Bisbee daily review., 1906-02-04


 1906. be granted?
 No.
 \ Dated and done at the office of the Mayor and Common Council. this 21tt day of January, 1906.
 l C.. W. HICKS. | City Clerk II ------tl---
 | KNOW ALL MEN BY THESE PRESENTS: That we, the undersign. cd have this day voluntarily associated ourselves together. and hereby do vol untarily associate ourselves together Tor the purpos, of organizing and creat. lse corporation under the laws of the 1 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. son. Parker L. Woodman, Alexander Erickson. Benjamin F. Sanborn, and Byron E. 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 M. 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- Varce Development and Mining Con- pany." That the principal place for the transaction of the business of said corporation shall be at the City of Bis lee, County of Cochise, and Territory of Arizona.
 II.
 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, Funerals, rights, buildings, easements, franchises, privileges, machinery. plant and other property whatsoever, which said company may think proper from tune to time to acquire, or to be ac- Quired, for any of it's business pur- poses; to prospect and search for ores and minerals. to mine and grant Ii- censes for mining in and over any land which may be acquired by the con- pany; to euy, sell, deal in minerals. plant, machinery, implements. con Veniences, provisions and other things ( nf h1fno whh mining operations, or required by Workmen employed by the company, or by the general community; to con struct, carry cut, improve, manage, work, control and superintend roads, ways. railways, bridges, reservoirs, water courses, aclueducts, wharves, furnaces, mills, crushing .works, hy. orauIic works, electric works, electric lights, factories, warehouses and other works and conyeniences which may seem directly or indirectly conduciyet to any of the business or interests of 1 the company, and to contribute 10. sub sidize, or otherwise aid or partaISa in 1 any spch operations, and generally to l do any and all acts and things, and transact any and all other business fn- cdent to the purposes and business | aforesaid, and not contrary to ibe laws | of the Territory of Arizona and of the | United States of America.
 III. The amount Of the capital stock oi | the said corporation and company shall | be one million (sl, GOO, ,000) dollars, divided into four hundred thousand | (4eo, ,e0o) shares of the par value of | two and 5o-re0 ts2.50) dollars each. The capital stock of said corporation snail be paid in either in property or m cash, according to the terms and conditions of the several contracts uuy- suaut 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 10 be, from ine 10 time, and said capital stock shaH be so paid in al such time and imes as the Board of Directors of said l. shall from time to time + fetermlne. Said shares, and all of |, ne same, shall, when issued, be issued IS fully paid and uon-assessable shares. Said corporation shall have the right rom time to tine, to sell and 6ispose II, and issue it's said shares, or any
 
 Taiue, whether the same be less than he par Falne of the shares or other wise. ]
 ". Said corporation sbail endure and for a period of twenfy-jive 'ears, and shah commence on the 18th lay of December, A. D. 1905, and shall errninaie on the I4th day of Decssobes, l. D. I93G.
 V The affairs of said corporation shall 'e conducted by a board Of seven fi- ectozs, who shall be elected at the |. innUal meeting of the share-boulSlers ( ( said corporation, which said annual l1 meeting shall be held at the said prin- 4 ipal place of business of said corpora- l.. ion on the first Monday of August, Of Is ach and every year, commencing with z he first Monday in August in the year D. 1906. and such other officers as {. aid board of directors shall from time . 9 time esect- including a President, , ii',c President, Treasurer, General ! II