Daily Arizona silver belt., 1907-06-14
ARTICLES OF INCORPORATION
 OF THE VALENCIA MINING & DEvELOFE MENT COMPANY


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 Know All Men by These Presents: That we, the undersigned persons, [. Houston, R. M. Coffee, Geo. Lee, F Y. Peltzel and B. F. Reynolds, all citi zens of the United States and resident If the County of Gila, Territory O Arizona, have this 22nd day of Ma, 1907 associated ourselves together t. form corporation under the laws o the Territory of Arizona, and, in com pliance with the provisions of the sai, 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 b' 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 m;a eral lands and all products pestainine thereto. To operate, mine and extract orc therefrom. To erect and maintain al necessary machinery and pquipment foi the economical development of the same. To acquire by parchase or other lawful means, roads, Tracks, tramways railroads, telegraph aid telephone lines ditches or fumes foI economical trans portation or transmission, and to erect and construct the ',ame.
 To erect, maintain and operate reduc. ton works for Concentration, smeltinf and refining of oles, and the preparation of all company products for sale anc profit. To erect and maintain buildings stores, and boarding houses, and to d, general merchandising business. Tt 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, ant 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 of Directors may consider necessary for the economical conduct of the general business of mining heretofore enumer- ated and described.
 To sell, alienate, lease, demise, and dispose of any and all property real and personal belonging to this com pany. To borrow money and to con- tract to repay the same at such time or times as the Board of Directors may deem necessary or expedient; and to hypothecate, mortgage or pledge the of the company in whole or in part to secure the payment of the same; provided, however that, the 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.
 The amount of the capital stock this corporation shall be One Miilio 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 issued and paid in, in cash, property, other valuable consideration, shall b, determined and regulated by the Boart ,f Directors.
 ARTICLE ". The principal place of business of his corporation shall be in the City O. ilobe, County of Gila, Territory of Ari sona; and such other or branch office IS may be deemed necessary or advis lble shall be designated and adopted rom time to time as the Board of Di ectors may determine,
 ARTICLE V. The capital stock of this corporation | md each and every share of the same hall be and is hereby made for ever on-assessable, and shall be paid for in ull when subscription is made therefor.
 ARTICLE VT.
 The time of the commencement of his corporation shall be the date of the ling of these Articles for record in the flee of the Recorder of the County of lila, and certified copy of the same 1ith the Secretary of the Territory of -rizona; and the period of existence the corporation shall be the term of wenty-fve years from the date of the aid filing.
 ARTICLE VII.
 The affairs of this corporation shall