Bisbee daily review., 1906-05-06
ARTICLES OF INCORPORATION.
of The Calumet q Butte Develop Y ment Company.

Ii KNOW ALL MEN BY THESE PRESENT, That we, the undersigned
 have this day voluntarily associated ourselves together for the purpose o
 forming a corporation under the law
 of tn Territory of Arizona, and VI
 hereby certify
 II I. That the names of the incorpor
 ators are Herman Bibber, A. Nj. Mac
 kenzie, Benjamin Blum, John II
 Mannier and John Biscomb.
 II. That the name of the said cor
 poration and by. which it shall be
 known in law Is Calumet & Butte f Development Company That the | principal place for the transaction of | its business within the Territory of | Arizona shall be at Bisbee, in Cochise
 County, Arizona. The general offices shall be at Calumet, Michigan, with
 branch offices at such other places as | the Board of Directors may from time ] to time direct. Said company may l also carry on and transact business Of the kind and nature hereinafter pro- vided, in all other States and Terri tories whatsoever.
 III. The business proposed to be 1 transacted and carried on by the said | corporation is as follows:-In general
 to engage in and carry on the business of mining, refining and manufacturing
 any and all kinds of ores, minerals and. metals; to purchase, lease or ac- quire by license, bond, concession,
 grant, or otherwise, any privileges,
 machinery, plant or other effects whatsoever, which the company may think proper from time to time to be
 acquired for any of it's purposes; to
 prospect and search for ores and min
 erals; to develop, mine and grant
 license for mi3ing in and over any
 land which may be acquired by the company, and to sell and otherwise
 dispose of lands, mines or other prop
 erty of the company; to buy, sell,
 manufacture and deal in minerals,
 plant, machinery, implements, con veniences, provisions and things ca
 pablo of beig used in connection
 with mining operations or acquired
 by workmen or others employed by
 the company; to construct, carry out, improve, manage, work, control and
 superintend any roads, ways, railways,
 bridges, reservoirs, water-courses.
 aQueducts, wharves, furnaces, mills,
 crushing works, hydraulic works. fac
 tories, warehouses and other works and conveniences which may seem
 directly and indirectly conducive to any of the objects of the company, and to contribute to, subsidize, or otherwise aid or partake in any such operations; 10 buy, sell or otherwise dispose of the capital stock of this or any other corporation and general ly to do any and all acts and things and transact any and all other busi- ness incidental 10 the purposes afore- said and not contrary to the laws of the Territory of Ariona or of the United States of America.
 . ". That the amount of the capi- tai stock of the said corporation shall be Two Hundred Thousand Dollars, divided into Twenty Thousand shares of par value of Ten Dollars each, each, payable in money, property. labor or any other valuable right or thing. and the judgment of the Board of Directors as to the value thereof shall be conclusive; and furthermore that the payments on such stock shall be subject to call by the Board of directors.
 V. That the time of commence ment of said corporation shall be im- mediately on filing these articles with the Recorder of the County of Cochise, Arizona, and the Auditor of the Terri tory of Arizona, and such existence shall continue for period of twenty five years from and after the date Of said filing.
 VI. That the affairs of said cor poration shall be conducted by a Board of seven Directors, who shall be stockholders of the corporation and shall be elected at the annual meeting of the corporation on the second Wednesday of March. A. D. 1907, and on the same date each year thereafter. That all tockho2ders and directors meetings may be held at its general offices at Calumet, 1 that the officers of said | shall be a President and | both to be elected by 1 the Board of Directors from their own 1 Secretary, Treasurer, and i such other officers as the Board Of l Directors may deem necessary, wno | may be chosen from among the stock | holders. The members of the Board | of Directors for the current year and until their successors are chosen and ! qualified are:-Hermann Bibber, of Calumet, Mich; A. M. Mackenzie, of Calumet. Mich: Benjamin Blum, of Calumet. Mich; John Ellis, of Calu. met, Mich; John H. Mannier, of Lan- lum. Mich; John Biscomb, of Han rock. Mich; Savin Lisa. Of Butte, Mont. -
 VII. That the said corporation is tot at any time to subject itself to ! greater liability than One Hundred Thousand Dollars except upon the1 written consent of tn eholders of one lalf of the capital stock outstanding It the time the obligation Is incurred md in no case shall such indebtedness De incurred to an amount exceeding wo-thirds of the outstanding capital Itock. , VIII. That the private property of he stockholders of said corporation nall ha seYaruySt from liahilfty for cor- |