Daily Arizona silver belt., 1907-06-12
ARTICLES OF INCORPORATION
 OF THE VALENCIA MINING q DEvELoPE MENT COMPANY

 Know All Men by These Presents:
 That we, the undersigned persons, J, [. Houston, R. M. Coffee, Geo. Lee, F. Y. 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 a 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 l.
 The name of this company shall be and is The VALENCIA MINING AMI DEVELOPMENT 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 ort therefrom. To erect and maintain all necessary machinery and equipment foi the economical development of ths same. To acquire by purchase or other lawful means, roads, tracks, tramways railroads, telegraph And telephone lines ditches or fumes for economical trans portation or transmission, and to erect and construct the same.
 To erect, maintain and operate redue ton works for concentration, smelling and refining of ores, and the preparation of all company products for sale ana profit. To erect and maintain buildings stores, and boarding houses, and to dc g general merchandising business. Tc acquire by purchase or other lawfu means, real estate, land, and persona property, and to acquire and locat, town-sites. To use and enjoy, hold, ana operate franchises from the County oi Gila, the Territory of Arizona, or any other State or Territory of the United States, or from any municipal or privat, 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 te con tract to repay the same at such time or times as the Board of Directors may deem necessary or expedient; and tc hypothecate, mortgage or pledge ths property of the company in whole ol in part to secure the payment of tho same; provided, however that, thu highest or total amount of indebtedness. to which this corporation shall, at any time, subject itself shall not exceed ths sum of Five Hundred Thousand Dollars
 ARTICLE III.
 The amount of the capital stock of this corporation shall be One Millior Dollars, divided into one million shares of the par value of one dollar each; ana the time when and the conditions under which the said capital stock shall bs issued and paid in, in cash, property, ol other valuable consideration, shall bs determined and regulated by the Boart of Directors.
 ARTICLE ".
 The principal place of business of this corporation shall be in the City oi Globe, County of Gila, Territory of Ari zona; and such other or branch offices as may be deemed necessary or advis able shall be designated and adopted from time to time as the Board of Di rectors may determine,
 ARTICLE V.
 The capital stock of this corporation and each and every share of the same shall be andsis hereby made for ever on-assessable, and shall be paid for ir full when subscription is made therefor
 ARTICLE VI.
 The time of the commencement of this corporation shall be the date of the filing of these Articles for record in tho office of the Recorder of the County oi Gila, and certified copy of the same with the Secretary of the Territory oi Arizona; and the period of existencs of the corporation shall be the term of twenty-five years from the date of the said filing.
 ARTICLE VII.
 The affairs of this corporation shall