Bisbee daily review., 1906-04-22

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 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 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 mining 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- yeniences, 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 to the purposes afore- said and not contrary to the laws of
 
 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 a 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 i'm 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 a period of twenty five years from and after the date Of said filing.
 II 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 1 second Wednesday of March, A. D. 1907. and on the same date each year thereafter That all sfockhCs ders and directors meetings may be held at it's general offices at Calumet, Michigan: that the officers of said corporation, shall be a President and | Vice President, both to be elected by the Board of Directors from their own a ETrna such other officers as the Board of 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 ands qualified are:-Hermann Bibber, of Calumet Mich; A. NJ. Mackenzie, of Calumet, Mich; Benjamin Blum, of | Calumet. Mich; John Ellis, of Calu- met, Mich; John H. Mannier, of Lan- mum, Mich; John Biscomb, of Han cock, Mich; Sayin Lisa, of Butte, Mont
 1 VII That the said corporation is not at any time to subject itself to g greater liability than One Hundred ] Thousand Dollars except upon the written consent of tn eholders of one half of the capital stock outstanding at the time the obligation is incurred and in no case shall such indebtedness be incurred to an amount exceeding .wo-thirds of the outstanding capital stock.
 WILL That the private property of the stockholders of said corporation shall be exempt from liability for cor porate debts.
 IN WITNESS WHEREOF, we have hereunto set our hands and seals this 10th day of March, A. D. 1906. | HERMAN BIBBER, (SEAL) A. M. MACKENZIE, (SEAL)
 BENJAMIN BLUM, (SEAL)
 JOHN H. MANNER, tSEAL)
 JOHN BTSCOMB. tSEAL)
 State of Michigan. County of Hough- ton, ss.
 l Before me, Samuel Jeffrey( notary public in and for the County of Hough-