Bisbee daily review., 1906-02-02

Dated and done at the office of the Mayor and Common Council, this 2ithl 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 purpose 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- vance 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: h 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, smelt- 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, 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 its 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 con- pany; to buy, sell, deal ill minerals, plant. machinery. implements, con- yeniences, provisions and other things capable of being used in connection with mining operations, or required by h.- Nl, 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- fdraalic works, electric works, electric 1 lights, factories, warehouses and other works and couveniences which may seem directly or indirectly conduciye c 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 transact 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. III.
 The amount of the capital stock of l the said corporation and company shall be one million tsI GOO ,000) dollars, divided into four hundred thousand t400 ,0oo) shares of the par value of two and 50-190 (s2.59) dollars each. The capital stock of said corporation shall be paid in either in property or l in cash, according to the terms and conditions of the several contracts par saiant to which the shares shall be is sued, and according to the exigencies and needs of said corporation, as the same shall be, or appear 10 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 corporation shall from time to time de.s Tmine. Said shares. and all of l the same, shall. when issued, be issued as fully paid and non-assessabie shares. Said corporation shall have the right. from time to time. to sell and dispose of. and issue its said shares, or any part thereof, at their then market value, whether the same be less than the par value of the shares or other wise.
 Said corporation shall endure and continue for period of twenty five years, and shall commence on the 18th day of December, A. D. 1905. and shall terminate on the 1ith day of DecSH,ber. A. D. i9s0.
 V.
 The affairs of said corporation shall be conducted by a board of seven di- rectors, who shall be elected at the annual meeting of the share-houlders of said corporation, which said annual meeting shall be held at the said prin- cipal place of business of said corpora tion on the first Monday of August, of each and every year, commencing with the first Monday in August in the year A ID leOS and Qurh Oahar offirore