Bisbee daily review., 1906-02-01

No.
 Dated and done at the office Of the Mayor and Common Council, this 21th day of January, 1906.
 c. W. HICKS,
 City Clerk KNOW ALL MEN BY THESE PRESENTS: That we, the undersign- ed have this day voluntarily associated ourselves together, and hereby do vol untarily associate ourselves together, for the purpos, of organizing and creat- ing a corporation under the laws of the Territory of Arizona. and in that be- half, and for that purpose, we do here by certify:
 That the name of the incorporators are the following. to-wit: s. ". Claw son, Parker L. Woodman. Alexander Erickson, Benjamin F. Sanborn. and Byron F. Sanborn, each and all resi- dents of the City of Bisbee, in the County of Cochise, Territory of Ari- zona, W. J. Fisher, a resident of the City of Los Angeles, in the County of Los Angeles, in the State of California, and Fred NJ. Welsh, a resident of the City of Tucson. in the County of Pima, and Territory of Arizona. That the name of the said corporation, and by which it shall be known in law, is "Ad- i Farce Development and Mining Com pany." That the principal place for the trapsaction of the business of said , corporation shall be at the City of Bis bee, County of Cochise, and Territory , of Arizona.
 ! That the general nature of the bus!- ness proposed to be transacted by said corporation is as follows, to-wit: In ! general to engage in and carry on the business of prospecting and developing mines, mining locations and mining properties; to egage in and carry on the business of mining, refining, snelt- ing, minerals and metals: to purchase, lease, and acquire by license, bond conveyance, concession, grant or other wise, any land, mining locations, mines, n inerals. rights, buildings, easements, i franchises, privileges, machinery, plant : ana other property whatsoever, which , said Company may think proper from
 
 quired, for any of it's business pur- poses; to prospect and search for ores and minerals, to mine and grant h- censes for mining in and over any land which may be acquired by the com pany: to buy, sell, deal in minerals, plant, machinery, implements, con Teniences, provisions and other things capable of being used in connection with mining operations. or required by vorkmen employed by the company, or by the general community; to con- struct, carry cut, improve, manage; ,, work, control and superintend roads, ways, railways, bridges, reservoirs, water courses. acqueducts, wharves. furnaces, mills, crushing works, hy- draiiic works, electric works, electric 1 tights. factories. ware houses and other works and coayeniences which may seem directly or indirectly conducive to any of the business or interests of the company, and to contribute 10, sub, sidize. CT otherwise aid or partake in any such operations, and generally to do any and all acts and things. and transact any ard all other business in cident to the purposes and business aforesaid, and not contrary to the laws of the Territory of Arizona and of the United States of America
 III.
 The amount of the capital stock oi l the said corporation and company shall l be one million (sl GOO ,0O0) dollars, 1 divided into four hundred thousand (400 .000) shares of the par value of two and 5G-i00 (s2.50) dollars each. The capital stock of said corporation shall be paid in either in property or | in cash. according to the terms and conditions of the several contracts pur- | suant to which the shares shall be is. sued, and according to the exisencies and needs of said corporation, as the 1 same shall be, or appear to be, from time to time, and said capital stock | shall be so paid in at such time and times as the Board of Directors of said 1 corporation shall from time to time f determine. Said shares. and ali oi the same. shall. when issued. be issued as fully paid and non.assessable shares
 Said corporation shall have the right from time to time. to sell and dispose of, and issue its said shares, or any thGIT llltH tlldf hCt | value. whether the same be less than
 the par value of the shares or other ] wise.
 ".
 Said corporation shall endure and l continue for period of twenty-five I years. and shall commence on the 15ti ! day of December. A. D. 1905. and sinai
 terminate on the 14th day of Decsnber A. D. 1930.
 Il V.
 | The affairs of said corporation shal Il be conducted by board Of seven di rectors, who shall be elected at the annual meeting Of the share-houlders Of said corporation. which said annua meeting shall be held at the said prin :! cipal place of business of said corpora ! ton on the first Monday of August, o each and every year, commencing witl the first Monday in August in the veal A. D. 1906, and such other officers al said board of directors shall from time to time elect, including a President IVicePresident. Treasurer, Genera