Daily Arizona silver belt., 1907-06-13
ARTICLES OF INCORPORATION
 OF THE MINING & DEvELoPE MENT COMPANY

MENT COMPANY Know All Men by These Presents:
 That we, the undersigned persons, J. [. Houston, R. M Coffee, Geo. Lee, F. 7. Peltzel and B. F. Reynolds, all citi- zens of the United States and residents If the County of Gila, Territory of Arizona, have this 22nd day of May 1907 associated ourselves together to form corporation under the laws of the Territory of Arizona, and, in com. pIiance with the provisions of the said laws, we do hereby make, sign, and cer- tify these our ARTICLES OF INCOR- PORATION of the said company as fol- lows, to wit:
 ARTICLE I.
 The name of this company shall be and is The VALENCIA MINING AND COMPANY.
 ARTICLE II.
 The objects for which this corporation is formed are, to acquire by purchase, location, leases, options, bonds and other instruments of writing, mines and min eral lands and all products pertaining thereto. To operate, mine and extract ore therefrom. To erect and maintain all necessary machinery and equipment for the economical development of the same. To acquire by purchase or other lawful means, roads, tracks, tramways, railroads, telegraph and telephone lines, difches or fumes for economical trans portation or transmission, and to erect and construct the same. To erect, maintain and operate reduce tion works for concentration, smelting and refining of ores, and the preparation of all company products for sale and profit. To erect and maintain buildings, stores, and boarding-houses, and to do general merchandising business. To acquire by purchase or other lawful means, real estate, land, and personal | property, and to acquire and locate town-sites. To use and enjoy, hold, and operate franchises from the County of Gila, the Territory of Arizona, or any other State or Territory of the United States, or from any municipal or private corporation. To acquire stock, bonds roads, mills, factories and real or per sonal property incident to such fran chises, corporations, or townsites.
 To acquire, maintain and operate al and every property which the Board oi Directors may consider necessary fol the economical conduct of the genera business of mining heretofore enumer ated and described. ..
 To sell, alienate, lease, demise, ant dispose of any and all property req and personal belonging to this com pany. To borrow money and to con tract to repay the same at such tim' or times as the Board of Directors ma, deem necessary or expedient; and t hypothecate, mortgage or pledge tn property of the company in whole O in part to secure the payment of tn same; provided, however that, tn highest or total amount of indebtedness to which this corporation shall, at an. time, subject itself shall not exceed tn sum of Five Hundred Thousand Dollars | ARTICLE III.
 l The amount of the capital stock O this corporation shall be One Milliol Dollars, divided into one million share of the par value of one dollar each; an the time when and the conditions unde which the said capital stock shall b issued and paid in, in cash, property, O other valuable consideration, shall b determined and regulated by the Boar of Directors.
 ARTICLE ".
 The principal place of business o this corporation shall be in the City o Globe, County of Gila, Territory of Ar zona; and such other or branch office as may be deemed necessary or advis able shall be designated and adopte from time to time as the Board of D rectors may determine,
 ARTICLE V.
 The capital stock of this corporatio and each and every share of the sam shall be and is hereby made for eve non-assessable, and shall be paid for i full when subscription is made therefo | ARTICLE VI.
 5 The time of the commencement o : this corporation shall be the date of tn filing of these Articles for record in tn office of the Recorder of the County c l Gila, and certified copy of the sam ] with the Secretary of the Territory C | Arizona; and the period of existenc 9 of the corporation shall be the term : twenty-five years from the date of th !, said filing.
 ARTICLE VII.
 3l The affairs of this corporation sha