Bisbee daily review., 1906-05-16

ARrlcLEs OF lNcoRpoRArIon
ef the North Bisbee Development
 Company"

| KNOW ALL MEN BY THESE
 PRESENTS: That we, the undersign- ed, have this day voluntarily associated ourselves together for the purpose of
 forming a corporation under the laws hereby certify:
 ators are H. s. Jones. E. H. Clark, and w. E. Davis:
 ?. That the name of said corpora ton and by which it shall be known in law is North Bisbee Development Company" That the principal place for the transaction of it's business shall be at Bisbee, Cochise County, Territory of Arizona. Said company
 may also carry on and transact busi-
 ness of the kind and nature herein
 after provided in all ether States and Territories whatsoever. 3. The general nature of the busi-
 ness proposed to be transacted in min
 ing for gold. silver and other mineral
 ores. and milling, smelling 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. 4. That the amount of the capital
 stock of the said corporation shall
 be Six Hundred Thousand Dollars, di-
 vided into 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.
 5. 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
 shall be conducted by a board of not
 less than three nor more than seven
 directors who shall be stockholders of
 of the corporation, and shall be elected at the annual meeting of the corpor-
 alton on the second Tuesday in April
 of each year, and the officers of said corporation shall be president, vice
 president, secretary and treasurer. The members of the Board of Direc- tors for the current year and until
 their successors are chosen and quail
 flied are H. s. Jones, E. H. Clark, and W. E. Davis.
 T. That the indebtedness of said corporation shall not at any time ex-
 ceed two-thirds of the capital stock issued and outstanding. ~f 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 and seals this 17th day of April, A. D. 1906. H. s. JONES, (SEAI.) E. H. CLARK, (SEAL) W. E. DAVIS. (SEAL.) Territory of Arizona, County of Co
 chise. ss. .....-s Before me, c. I. 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. B. Davis,
 known to me to be the persons whose
 names are subscribed to the foregoing instrument, and acknowledged to me
 that they executed the same for the 1 purposes and consideration therein ex- pressed.
 1 Given under my hand and seal of
 office, this 18th day of April, A. D.
 1906
 1 My commission expires October
 goth, 1909.
 | (Notarial Seal.) c. I. McREYNOLDS. Notary Public.
 Filed in the office of the County Re
 corder of Cochise County, Arizona,
 April, 1906, and in the office of the
 Territorial Auditor at Phoenix, Ari-