Bisbee daily review., 1906-05-03
ARTICLES OF INCORPORATION
of the North 5isbee Deveiopment
 Company"

KNOW ALL MEN BY THESE PRES 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 we hereby certify:
 1. That the names of the incorpor ators are H. s. Jones. E. H. Clark, and w. E. Davis:
 2. That the name of said corpora. tion and by which it shall be known in law is North Bisbee Development Company" That the principal place for the transaction of its business shall be at Bisbee. Cochise County, Territory of Arizona Said company ness of the kind and nature herein. after provided in all other States and Territories whatsoever.
 3. The general nature of the busi. ness proposed to be transacted is min ing for geld. silver and other mineral ores, and milling. smelting or other, wise preparing the same for market; and to acquire, hold, use, work, and sell ores, mines, mining rights and other necessary property, and do all things incidental to such a business or necessarily connected herewith.
 f. That the amount of the capital stock of the said corporation shall be Six Hundred Thousand Dollars, di. vided idto Two Hundred Thousand shares of the par value of Three Dol lars each, payable in money, on call of the Board of Directors, or in prop erty, labor or any other valuable right or thing; and when fully paid, for ever non-asSessible.
 3. That the time for the commence ment of said corporation shall be i'm mediately upon the filing of these articles with the Recorder of Cochise County. Territory of Arizona, and certified copy thereof in the office of the Auditor of the Territory of Ari- Zona, and such existence shall con tinue for a period of twenty-five years from and after the date of such filing
 6. The affairs of this corporation sGall be conducted by board of not less than three nor more than seven directors who shall be stockholders of the corporation, and shall be elect ed at the annual meeting of the cor poration on the second Tuesday in April of each year, and the officers of said corporation shall be a president, vice-president, secretary and treasur. CT. The members of the Board of Di- rectors for the current year and until their successors are chosen and Qual. flied are H, s. Jones, E. H. Clark, and W. E. Davis. A-.- i
 '. That the indebtedness of said corporation shall not at any time ex- ceed two-thirds of the capital stock issued and outstanding.
 8. That the Board of Directors shall adopt bylaws for this corpora. tion, which may be amended or re, pealed at any time by the said Board.
 g. That the private property of the stockholders of said corporation shall be exempt from liability for corporate debts.
 IN WITNESS WHEREOF, we have hereunto set our hands anl seals this 17th day of April, A. D. 1906.
 H. s. JONES, (SEAL.)
 E. H. CLARK, (SEAL.)
 W. E. DAVIS. (SEAL.)
 Territory of Arizona, County of Co chise. ss.
 Before me, c. l. McReynolds, a Notary Public in and for the County of Cochise, Territory of Arizona, on this day personally appeared H. S. Jones, E. H. Clark, and w. E. Davis, known to me to be the persons whose rames are subscribed to the foregoing instrument, and acknowledged to me that they executed the same for the purposes and consideration therein ex- pressed. Given under my hand and seal of office, this 18th day of April, A. D. 1906.
 My commission expires October 1 20th, 1909. (Notarial Seal.) c. I. McREYNOLDS.
 Notary Public. l Filed in the office of the County Re corder of Cochise County, Arizona l April 19, 1906, and in the office of the l Territorial Auditor at Phoenix. Ari | zona, April 20, 1906.