Bisbee daily review., 1906-02-27
ARTICLES OF INCORPORATION
Of Arizona-sonora Development C.

Of Arizona-sonora Development Go.
 KNOW ALL MEN BY THESE PRESENTS, that we, the undersigned have associated, and do hereby asso, ciate ourselves together for the pur- pose of forming a corporation, and be- coming incorporated under the laws of the Territory of Arizona, and in pursuance of said purpose do hereby make, adopt. sign and acknowledge these Articles of Incorporation. Article |.
 The names of the incorporators of | this company are F. J. Hart, Joseph Collie and A. R. Glenn.
 Article II.
 The name of the Corporation is and shall be "ARIZONA-SONOR DEVEL- OPMENT COMPANY" and it's prin- cipal place of transacting business shall be the City of Bisbee, Cochise County, Territory of Arizona. but may have branch offices at any other place or places, and may have it's works and property and do and transact business at such places as they may from time to time designate, either within or without the Territory of Arizona.
 Article III.
 The general nature of the business proposed to be transacted by said cor poration is as follows:
 1. The acquiring and development of mines, mill sites, water locations and privileges, stone, timber. agricul- tural and other lands. and renting, selling, operating and dealing in same and products thereof.
 ?, The mining and reduction of ores, minerals and metals and the ac- quisition of all necessary machinery, mills, appliances, buildings and proD- erty therefor.
 3. The manufacturing, purchasing, or otherwise acquiring of goods, wares and merchandise and personal prop erty, and the buying, selling, dealing in and disposing of the same.
 A. To make contracts and acquire and transfer property, and generally to possess in all respects the same powers as private individuals now en- joy.
 Article W.
 The corporation shall commence at the time of the filing for record of it's Articles of Incorporation in the office of the recorder of said Cochise Coun- ty and the filing of a certified copy thereof with the Territorial Auditor of the Territory of Arizona, and shall endure for Iwenty-four years there after.
 Article V.
 1. The highest amount of indebt-I edness or liability, direct or contfr- gent to which this corporation shall at any time subject itself shall in no case exceed the sum of Two Hundred and Fifty Dollars.
 The stockholders and thGir pri- yate property shall be exempt from the corporate debts of this incorporation.
 Article VI. The capital stock of this eorporation shall be the sum of Five Hundred Thousand (s500.0o0) Dollars divided into fifty thousand sharEs of the par value of ten dollars (st1) each.
 The shares of the stock of this com pany may be issued for property or | cash payable either in full or in in as the directors may deter nine. or for labor Or services. and in he absence of actual fraud in the transaction. the judgment of the di- ectors as to the value of the property. abor or services shall be conclusive.
 Article VII.
 1. The affairs of this corporation hall be controlled and conducted by board of ten directors elected by nd from among the stockholders. The nnual meeting of the stockholders hall be held on the 18th day of Octo- Ie er of eack year. or if that fall on . oiiday on, the next day. Stockholders |