Bisbee daily review., 1906-02-03


 Mayor and Common Colncii, 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. towit: s. W. 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 M. Welsh, 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- varce Development and Mining Com pany." That the principal place for the transaction of the business of said corporation shall be at the City of Bis bee, County of Cochise, and Territory of Arizona.
 II.
 That the general nature of the busi- ness proposed to be transacted by said corporation is as follows, to-wit: In general 10 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, smelt- ing. minerals and metals: to purchase, lease, and acquire by license, bond, concession, grant or other wise, any land, mining locations, mines, minerals, rights, buildings. easements, franchises, privileges, machinery, plant and other property whatsoever, which said company may think proper from time to time to acquire, or to be ac- Quired, for any of it's business pur- poses; to prospect and search for ores and minerals. to mine and grant li- censes for mining in and over any land which may be acquired by the com pany; to bny. sell, deal in minerals, plant, machinery, implements, con- provisions and other things capable of being used in connection with mining operations, or required by workmeu employed by the company, or by the general community; to con- struct. carry cut. improve. manage, work. ooatrol and superintend roads, ways. railways. bridges. reservoirs, water courses, aofueducts, wharves, furnaces, mills, crushing works, hy- draulic works. electric works, electric lights, factories. warehouses and other works and conyeniences which may seem directly or indirectly conducive to any of the business or interests of the company, and to contribute to. sub Sidize. or otherwise aid or partake in any such operations, and generally to do any and all acts and things, and any and 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.
 HI. sThe amount of the capital stock of he said corporation and co. .pany shall ,e one million fsI .060 .090) dollars. divided into four hundred thousand l400OO0b shares of the par value of TWO and 50-100 (s250) dollars each. The capital stock of said corporation shall be paid in either in property or n cash, according to the terms and conditions of the several contracts pur- suant to which the shares shall be is. l 'ued, and according to the exigencies md needs of said corporation, as the 'ame shall be, or appear to be, from ime to time. and said capital stock 'hall be so paid in at such time and iHaes as the Board of Directors of said shali from time to time determine. Said shares. and all of l he same. shall. when issued. be issued 1 Is fully paid and non-assessabie shares. Said corporation shall have the right, rom time to time, to sell and dispose ,f. and issue it's said shares, or any art thereof, at their then market | raiue, whether the same be less than he par yalus of the shares or other wise.
 ". Said corporation shall endure and l for period of twenty five -ears, and shall commence on the 18th lay of December. A. D. 1905, and shall | on the 14th day of December. l. D. 1880. The affairs of said corporation shall 1 70 conducted by board Of seven di. ectors. who shall be elected at the nnul meeting of inc share-houlders f said corporation, which said annual neeting shall be held at the said prin- ipai place of business of said corpora [, ion on the first Monday Of August, of ach and every year, commencing with he first Monday in August in the year l. D. 1906, and such other officers as aid board of directors shall from time |.