Bisbee daily review. [volume] (Bisbee, Ariz.) 1901-1971, 1907-12-14

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corporation issths purchasing, .ownIns
and acquiring, By conveyance lease
or otherwise, Of mines. mining claims,
and mining premises and property,
and the working and developing Of
the same, and the extraction OF the
ores and metals taeregrom, and the
reduction, smelling and milling of
the same; also the purchase and sale
CT ores and products thereof; and
to carry on, conduct and maintain a
generaI mercnanaIse business n, CON-
nection with its mining business.
ARTICLE w.
The amount of the capital stock
authorized for said corporation is
Three Hundred Thousand Dollars
$500 .000), which is to be divided in
to Thirty Thousand (S0.000) shares Of
the par value of Ten Dollars $4,000
each. Said capital stock is to be
paid into the corporation at the time
Of its organization, by the conveyance
to said corporation by the owner and
holder thereof. Of all of his right, IT,
tie and interest in and to certain
mining claims located by him and sit
natad In the lewiston Mining District,
Cochise County, Arizona, and also Dy
the conveyance to said corporation
by said owner or holder of a certain
option now owned and held by him,
for the purchase and conveyance to
nim of certain other mines, mining
claims ana premises situated IN the
lewiston Mining District, Cochise
County, Arizona, which mines are
known and designated as follows, to-
wit: BALCHER, KEYSTONE, IRON
KING, FOWLER, HILL TOP and
SEARCH Me; and which right, title
and interest of said owner or holder
in said mining claims, and which OPP
ton, when so conveyed by him to
said corporation shall be deemed in
full payment for all of its capital
stock, upon condition, however, that
the said owner or holder shall donate
and transfer to said corporation
Twelve Thousand (12,000) shares or
said stock, to be deposited in the
treasury of said corporation, to be
used and disposed of for the opera
| ion and maintenance of the bust
| ness of said corporation.
ARTICLE v.
The time of the commencement Of
this corporation shall ne upon the
proper filing of these articles, and
a certified copy thereof, and the du-
ration of said corporation shall be
twenty-five (25) years from the cate
of the filing of a certified copy of
these articles in the office Of the Ter
ritorial Auditor of the Tsrr:JorY of
Arizona.
ARTICLE VI.
The affairs of the corporation are
to be conducted and controlled by a
board of five directors, all IF whom
shall be stockholders, Who shall be
elected annually at the annual meet
ing of the stockholders o. said cCI.
poration: said annual meeting OF
said stockholders shall be held on tl6
first Monday of January, in each year
at the principal place Of business OF
said corporation. Said Beard 81 Di
rectoTs shall elect one of its members
as president, and one 81 its meWrers
as v.ce-president, and shall also e'eci
4 secretary and treasurer. The C!fIce
OF the secretary and treasurer me
he iiIlCd by the same prison. The
following named stockholders are
hereby declared to ne the directors
Of said corporation until the first an
nual meeting of the stockholders ,s,.C
until their successors shall be duly
elected and qualified, toswit: N
TtIAYER ROBB, ALl3SR r FRANC
KE. T. Z DEL CALV0, Fl T 5
JACQUELIN and W. I. LAWSON
ARTICLE VII.
The Board of Directors are empes
cred to ordain and establish all by
laws and regulations necessary to the
management and business of saiC
corporation, and to alter and repea
the same at pleasure.
| ARTICLE VIII.
The total amount OF Indebtedness
to which the corporation is author
ICED at any time to subject itself is
two-thirds Of the capital stock Of said
corporation.
ARTICLE Xxx.
The private property of the stock
Iholders of said corporation shall be
exempt from corporate debts.
| ARTICLE K.
| The seal OF the said corporation
shall be a metal disc, upon which
shall be engraved the following woras.
Mineral Park Development Compa-
ny. Territory of Arizona. A D.
IyUT.
~ WITNESS WHEREOF, We, the
undersigned incorporatOrs, have adop.