Bisbee daily review., 1909-09-12

PRESENTS: That we, the undersign- ed. citizens of the United States of America, hereby associate ourselves for the purpose of forming a corpora tion under the laws of the Territory of Arizona, and to that end hereby adopt. sign, acknowledge and publish the following:
 ATIcLE 1.
 The Names of the corporators are Joseph E. Morrison and Franklin P. Dorr, and the name Of the corporation shall be the ENTERPRISE DEVELOP MENT COMPANY. The principal place within the Territory of Arizona. in which the business o this corpora ton is to be transacted, is Bisbee, Arizona. and ths corporation may .es- tablish branch offices either within or without this territory where meetings for the transaction of any and all bust ness may be held by either the stock holders or the board of directors.
 ARTICLE II.
 The general nature of the business to be transacted by this corporation is: To own and operate mines and mining claims. smelling, refining mill ing and reduction works of all kinds; to make contracts; to purchase, lease, bond, locate or otherwise acquire, to own, sell, exchange, or otherwise dis pose of, to pledge, mortgage, hypothe- cate and deal in real estate and any and all kinds of personal property, stocks of other corporations, bonds, mines, mining claims, oil lands, oil, water and water ri ghts; to build, con strcut and operate mills smelters and reduction plants and 10 mine, pur- chase, sell and deal in all kinds of ore; to own and conduct any and all kinds of supply houses and stores; to bor- row money and to execute notes, bonds, mortgages and deeds of trust 10 secure the payments of same and in general to do any and all things necessary and expedient to the man. agement, conduct and carrying on of the business of the corporation with in the Territory of Arizona, or else where, not inconsistent with the laws of the Territory of Arizona, or of the United States of America.
 hnTtNY m
 The authorized Capital Stock of this corporation shall be Five Hundred Thousand (s5OO,O ,O0OJ Dollars, divided into one hundred thousand 100000 shares of the par value of Five Dollars ($5.00) each; said stock shall be non-assessable and shall be fully paid before issuance, either in cash, stock of other corporations, ser vices, or any other thing of value in the discretion of the board of direc- ors, and in the absence o f fraud in the transaction, the judgment of the directors as to the value of the prop erty purchased. services rendered. stock, and any o ther things o f value shall be conclusive.
 ARTICLE ".
 The time of the commencement of this corporation shall be the date of filing copy of these articles in the office of tn Territorial auditor at Phoenix, and the termination thereof shall be twenty-five years thereafter.
 ARTICLE V.
 The affairs of this corporation shall be conducted by board of not less than three nor more than five direc- tors and the following named shall constitute the board of directors unttl the fourth Monday in May, 1910. and until their successors shall be elected and qualified, to-wit: Robert Mitch ell, T. H. Collins and Charles w McHenry. The first annual meeting of the stockholders shall be held on the fourth Monday of May. 1910. and on the fourth Monday of May of each year following. at which meetings the board of directors shall be elected by the stockholders, from among the members, for the term of one year and until their successors are elected and qualified. The officers of the cor poration shall be president, vice president, secretary and treasurer and the offices of president and treasurer may be held by one person, and such other officers and agents as the board or directors may, by resolution, author. ize or appoint, and the officers named