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If \\(\\nu:\\Sigma\\to S^2\\subset\\mathbb R^3\\) is the Gauss map of \\(X\\), then the volume \\(V_0\\) of \\(X\\) as the volume of the cone over \\(X\\) is explicitly given by \\(\\frac13\\int_\\Sigma\\langle X,\\nu\\rangle d\\,\\Sigma\\), where \\(\\langle\\;,\\;\\rangle\\) stands for the canonical inner product in \\(\\mathbb R^3\\) and \\(d\\,\\Sigma\\) is the area element of the induced metric on \\(\\Sigma\\). The mean curvature of an immersion \\(X\\) is constant if and only if \\(X\\) is a critical point of the area functional for all volume-preserving variations of \\(X\\) that fix the boundary values. For a volume-preserving, boundary preserving variation \\(X_t\\) of \\(X\\), the second variation of the area functional \\(A\\) is given by \\(\\delta^2A=-\\int_\\Sigma\\varphi L[\\varphi] d\\,\\Sigma\\), where \\(\\varphi=\\left\\langle \\frac{\\partial X_t}{\\partial t}\\big|_{t=0},\\nu\\right\\rangle\\), \\(L\\) is the self-adjoint operator associated with \\(\\delta^2A\\) defined as \\(L[\\varphi]=2\\delta H=\\Delta\\varphi+\\|d\\nu\\|^2\\varphi\\), \\(\\partial H\\) is the first variation of the mean curvature, and \\(\\Delta\\) is the Laplacian on \\(\\Sigma\\) with the metric induced by \\(X\\). A constant mean curvature \\(X:\\Sigma\\to\\mathbb R^3\\) is said to be stable if the second variation of the area functional is nonnegative for all volume-preserving variations that fix the boundary. \\(X\\) is said to be unstable if it is not stable. If \\(E=\\ker(L)=\\{0\\}\\), then \\(X\\) admits smooth deformations of the form \\(X_t=X+\\varphi(t)\\nu\\), for some smooth \\(1\\)-parameter family \\((-\\varepsilon,\\varepsilon)\\ni t\\mapsto\\varphi(t)\\) with \\(\\varphi(0)=0\\), such that the mean curvature of \\(X_t\\) is constant and equal to \\(H_0+t\\) for all \\(t\\).  In this paper, the authors give criteria for the existence of smooth bifurcation branches of fixed boundary constant mean curvature surfaces in \\(\\mathbb R^3\\) and discuss stability/instability issues for the surfaces in bifurcating branches. It is shown that if \\(X:\\Sigma\\to\\mathbb R^3\\) is an immersion with constant mean curvature \\(H_0\\), \\(\\dim(E)=1\\), and \\(\\int_\\Sigma ed\\Sigma\\neq 0\\) for some \\(e\\in E\\setminus\\{0\\}\\), then there exists \\(\\varepsilon >0\\) and a map \\((\\xi,\\eta):(-\\varepsilon,\\varepsilon)\\to E^\\perp\\times\\mathbb R\\) of class \\(C^1\\) such that \\((\\xi(0),\\eta(0))=(0,H_0)\\), and for all \\(t\\in(\\varepsilon,\\varepsilon)\\), the map \\(X_t=X+(te+\\xi(t))\\nu:\\Sigma\\to\\mathbb R^3\\) is an immersion having constant mean curvature equal to \\(\\eta(t)\\) and with \\(X_t|_{\\partial\\Sigma}=X|_{\\partial\\Sigma}\\). This property shows that no bifurcation from the family \\((X_t)\\) can occur at \\(t=0\\). The authors are interested in determining constant mean curvature immersions that bifurcate from a given one-parameter family \\((X_t)\\) and satisfy a fixed boundary condition. They show that if \\(L[\\varphi]=-\\lambda\\varphi\\) with \\(\\varphi_{|\\partial\\Sigma}=0\\) and \\(\\lambda_n\\) are \\(n\\)-th eigenvalues of \\(L\\), then bifurcation may occur for the family \\((X_t)\\) only in the case where \\(\\lambda_k=0\\) for some \\(k\\geq 2\\). To study the stability of constant mean curvature surfaces in a bifurcation branch it is needed to study only the case when \\(\\lambda_2=0\\). If \\(H(t)\\) and \\(V(t)\\) are respectively the mean curvature and the volume of \\(X_t\\), then \\(X\\) is stable when \\(H'(0)V'(0)\\geq 0\\) and \\(X\\) is unstable when 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