Daily Arizona silver belt., 1908-12-05
LEGAL ADVERTISEMENTS
,RT1cLEs OF INCORPORATION
 OF NJ Fl, CAPTAIN DEVELOPMENT COMPANY

KNOW ALL MEN BY THESE PREs That we, the undersigned, associat, selves together for the purpose o ''aorporating under the laws of thu %sr,;tory of Arizona and do hereb, iSont the following Articles of Incor yOration'
 That the names of the incorporation, .,. Asher Seip, of Easton, Pennsylva ';s and E. T. Satchell and F. J. Fl sOtt of Globe, Arizona. The name oi tSis corporation shall be and is Fl CaPITAN DEVELOPMENT COM piNY. and it's principal place of busi ,ass shall be at Globe, Arizona; and 'oeh other or branch offices, or places .f business, as may be deemed advisa tls shall be designated and adopted inn time to time as its Board of Di. ,stors shall determine.
 IT.
 The general nature of the business pro ,osed to be transacted by the corporation ss follows: to locate, purchase, or ac- ,uire otherwise, mineral lands, iuclud. ps lode and placer claims, millsites and lands necessary to operate the .me: to acquire and hold permits and .peeial use permits from the Forestry Service necessary to the general nature of the business herein mentioned: to 1syeop mines and work mining claims, md to ship, treat and smelt all ores and metals extracted; to erect. con- ,tnct, maintain, operate and lease sam hing, concentrating and reduction works and other works necessary to ,reat the ores; to acquire by purchase, or otherwise, real and personal property, ineluding bonds and stocks of other separations, and to lease and mortgage all or any part of the realty or person ,liy of this corporation 1t is now pos sssed of, be entitled to, or may here. ifter acquire, upon such terms and con. hiioDs as its Board of Directors may lstermine, and to dispose of all, or a part of its property, works, or other Improvements in the manner provided ia the bylaws of this corporation; and 70 do and perform all kinds of business which may be transacted by natural person.
 III.
 
 ,LAl be One Hundred Thousand ($1O0,- sor00) Dollars, divided into One Hun asd Thousand (l00,000) shares of the par value of One ($l.00) Dollar each; Nch stock to be paid for in cash, prop gy or services, upon such terms and coalitions as shall be provided for by esolution adopted by its Board of Di- actors; and such stock when issued aall be fully-paid and non-assessable.
 ".
 The time of the commencement of ks corporation shall be the date of Hing the Articles of Incorporation with the County Recorder of Gila County. Arizona, and certified copy with the Territorial Auditor, and the corporation aall endure for a term of twenty-five S) years from the date of filing af re- aid
 V.
 The affairs of this corporation shall s conducted by Board of Directors Dnsisting of five (5) persons who shall s elected annually on the second Tues tay of November in each year by stock toEters of record at the regular annual netting to be held in the office of the Company, in the City of Globe, Arizona, q ten o'clock A. M. of said date. The 'aees of this corporation shall consist Of president, viee-president, B sec rtsry and treasurer
 VI.
 Until such Board of Directors shall hve been elected and qualified, the blowing named persons, who are sub. enbers to the stock of this corporation, sall constitute the Board of Directors: NwaId l.. Osterstock, Asher Seip, Al. an Roberts, Kenneth Satchell and Fred Elliott; and the following named srsons are hereby made and constitut- s the officers of this corporation, who sall hold their respective, offices un- al their successors are duly elected and llalifed, to-wit:
 Allan Roberts-President.
 Kenneth Satchell--Viee- President. Asher Seip-Secretary
 Edward l.. Osterstock-Treasurer The Board of Directors shall have pEer to fill all vacancies in such oafd, or the offices thereof, caused ' T'esignations, or otherwise, and until Aer successors are elected and quail "a, such officers and such Board are s'eby given the power and authority do and perform any and all duties sualy connected with like offices, neh powers and duties while so act Aag as officers and directors of this cor nntion shall be the adoption of all ,s'essary bylaws for the internal con H't and management of this corpora 0a, and include the adoption of cor @ate seal and the yffixing thereof to " stock certificates or instruments of 'sgd.
 The highest amount of indebtedness liability to which this corporation Al, at any time, subject itself shall and is hereby fixed at the sum of 'enty'fve Thousand ($25, ,000.00) Dol
 VIII.
 me private property of the stock u'0efs of this corporation shall be ex- p from liability for the payment of ,"os of this corporation.
 IN WITNESS WHEREOF, we have s'suntO set our hands this first day December, A. b. 1908.
 ASHER SEP,
 F. T. SATCHELL,
 FRED J. ELLIOTT.