Daily Arizona silver belt., 1908-12-09
,reAL ADVERTISEMENT
..rcLEs OF INCORPORATION
 OF u CAPTAIN DEVELOPMENT COMPANY
v ALL MEN BY THESE PRES.

ln uIres together for the purpose of ''s.norating under the laws of the i''";iory of Arizona and do hereby ,lnt tho following Articles of Incor- patton;
 r,., ihe names of the ineorporators Asher Seip, of Easton, Pennsylva- Z 2 and E. T. Satchell and F. J. Fl. Z, Inf Globe, Arizona. The name of @ eorporation shall be and is FL SpTAN DEVELOPMENT COM .,Ny and it's principal place of busi- l shall be at Globe, Arizona; and other or branch offices, or places ssh,siuess, as may be deemed advisa- sbsu be designated and adopted .u lime to time as its Board of Di- "sors shall determine.
 IT.
 rss general nature of the business pro .,.,a to be transacted by the corporation .. follows: to locate, purchase, or ac- .,. otherwise, mineral lands, includ- |, lode and placer claims, millsites ',i lands necessary to operate the s~s: to acquire and hold permits and s.,al use permits from the Forestry s,riee necessary to the general nature ! the business herein mentioned; to s,slop mines and work mining claims, ss 10 ship, treat and smelt all ores .,l metals extracted; to erect, con s0tt maintain. operate and lease sam !pr concentrating and reduction ,rks and other works necessary to ,,t the ores; to acquire by purchase, otherwise, real and personal property. .Luding bonds and stocks of other ,,wrations, and to lease and mortgage d or any part of the realty or person ,r of this corporation it is now pos ssed of, be entitled to, or may here. l,er acquire, upon such terms and con. lions as it's Board of Directors may ssmine, and to dispose of all, or a nj of its property, works, or other movements in the manner provided he bylaws of this corporations; and , do and perform all kinds of business nkh may be transacted by a natural rOn.
 III.
 The capital stock of this corporation sal be One Hundred Thousand (s100,- m.OO) Dollars, divided into One Hun td Thousand (100,000) shares of the value of One ($l.00) Dollar each; sst stock to be paid for in cash, prop y or services, upon such terms and sdtiOns as shall be provided for by slution adopted by its Board of Di- ~Dp; and such stock when issued al be fully-paid and n-assessable.
 ".
 The time of the commence ement of as corporation shall be the date of Sng the Articles of Incorporation with !. County Recorder of Gila County, lhNna, and a certified copy with the lriOrial Auditor, and the corporation hl endure for term of twenty-five 3 years from the date of filing af re- si
 V.
 The affairs of this corporation shall conducted by Board of Directors a;ssting of five (5) persons who shall elected annually on the second Tues g of November in each year by stock siss of record at the regular annual lNiing to be held in the office of the sHpany, in the City of Globe, Arizona, ' ten o'clock A. M. of said date. The t;es of this corporation shall consist president, viee-president, sec MY and treasurer.
 VI.
 Until such Board of Directors shall Ar been elected and qualified, the 10Eing named persons, who are sub noerS to the stock of this corporation, al constitute the Board of Directors: 'End l.. Osterstock, Asher Seip, All Roberts, Kenneth Satchell and Fred Elliott; and the following named sNns are hereby made and constitut- the officers of this corporation, who al hold their respective offices un iAeir successors are duly elected and aifed, to-wit:
 Allan Roberts-President.
 Kenneth Satehell-Vice-P President. .sAer Seip-Seeretary.
 Nyard L. Osterstock--Treasurer. lhe Board of Directors shall have hs to fill all vacancies in such 'ud or the offices thereof, caused 'signstions, or otherwise, and until si successors are elected and quail such officers and such Board are ssY given the power and authority 70 and perform any and all duties aly connected with like offices, aA powers and duties while so act as officers and directors of this cor shon shall be the adoption of all ssafy bylaws for the internal con v and management of this corpora and include the adoption of cor aie seal and the ,Jfixing thereof to soek certificates or instruments of I ne highest amount of indebtedness ability to which this corporation
 at any time, subject itself shall and is hereby fixed at the sum of 'aty-fye Thousand (s25, ,000.00) Dol VIII. ae private property of the stock as of this corporation shall be ex- rom liability for the payment of s \ Of this corporation.
 WITNESS WHEREOF, we have N'aA'o set our hands this first day Oscenber, A. b. 1908.
 ASHER SEIP, ! E. T. SATCHELL,
 FRED J. ELLIOTT. ~AMTORY OE ARIZONA