Bisbee daily review., 1906-05-15
ARrIcLEs oF IMcoRpoRArIoN
of the "Nerth Blsbee Development
 Company"

KNOW ALL MEN BY THESE PRESENTS: That we, the pndersign ed, have this day voluntarily associated ourselves together for the purpose of forming a corporation under the laws of the Territory of Arizona. and we hereby certify:
 l. 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 ton 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 may also carry on and transact busi. 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 in min ing for gold, 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.
 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 a certified copy thereof in the. office of the Auditor of the Territory of Ari- zona, and such existence shall con tinue for 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. ation 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 qual- flied are H, s. Jones, E. H. Clark, and W. E. Davis.
 z. That the indebtedness of said corporation shall not at any time ex- ceed two-thirds of the capital stock issued and outstanding.
 s. 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 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.
 Before me, c. T. 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 names 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. 1908.
 Ny commission expires October 20th, 1909.
 tYNoLarlaI 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. zona, April 20, 1906.