The Arizona sentinel., 1891-06-20
NUMBER 30.
[ I L

i ".
 The amount of the capital stock of this i corporation shall be three million (S3, 1000, ,0OD dollars, divided into three hundred thousand (30O,0OO) shares of the par value of ten ($1o) dollars each, and the time when and the condi- tons upon which it is to be paid are as follows, tO-wit The whole thereof irnmedi- ateIy upon making the subscription therefor. and the said stock shall be fully paid before oelng issued, and unassessable thereafter.
 '. The amount of the parvalue of each share of the capital stock of this corporation shall be ten ($10) dollars.
 VI. ] The highest amount of indebtedness or G- ability, direct or contingent, to which this corporation is at any time to be subjected or to subject itself is the sum of one million dollars($1 ,00O,OOO.) | VII. ! The stockholders in this corporation, and | their private property, shall be exempt from l the corporate debts of this corporation. 1 VIII. l The affairs of th1s corporation are to be l and they shall be, conducted by Board of Directors consisting of five persons, who | shall be elected annually by the stockhOld- CTS, at such time and manner as shall be prescribed by the bylaws of this corpora | tion, and all of whom shall be subscribers | to the capital stock of this corporation, and hereafter no person shall be eligible to the office of Director unless he is a stockholder in the corporations; provided, that said Board of Directors may elect such officers and appoint such committee or committees | from their own number, to aid in the man. l agement of the business, and in the con- ducting of the affairs of said corporation, as they may see fit, and vest in such officers and said committees all such power as they may deem expedient. | The following named persons, who are subscribers to the capital stock of this cor poration shall constitute the Board of Direc- tors of this corporation until the first 1 Wednesday of April, eighteen hundred and ninety-twO Q892) and until their suc- cessors, duly qualified, shall be elected, to-wit: George O. Glayis, Curtis Coe Bean, c. H. Dillingham;, D. K. Allen and J H.. [ Carpenter.
 Any person teasing to be a subscriber shall cease to be a director. and hereafter, if any director shall cease to be . stocks holder he shall cease to be director. Va- cancies in the Board of Directors shall be filled by the remaining members of the Board
 Immediately, or a7 soon as practicable after the filing of these Articles in the office of the County Recorder in the County of Yuma, Territory of Arizona, the persons, named herein as directors to serve until the first Wednesday in April, eighteen hundred and ninety-two Q892). or until their successors. duly qualified, shall be elected, shall meet and organize as Board of Directors, adopt bylaws and pre- scribe in said bylaws the method of calling meetings of the Board of Directors and stockholders,
 A majority of said directors shall be quorum, and any meeting of said Board, st which quorum is present. shall be deemed regular meeting and have the same au- thority as full Board, whether notice of meeting to the absent members of the Board shall have been given or not.
 K
 The Board of Directors of the corporation shall have power to establish bylaws and make all rules and regulations deemed ex- pedient for the management of tie affairs of this corporatio. and the officers thereof, not inconsistent with the constitution and laws of the United States and the laws of the Territory of Arizona,
 In witness whereof, we have hereunte set our hands and seals this second day os February, A. D. 1891.
 CURTIS COE BEAN,
 CHARLES H. DILLIEGHAS,
 D. K. ALLEN, Scala.
 GEORGE 0. CLAWS,
 J. H. CARPENTER,
 State of New York, City and County of Now York.
 Be it remembered that on this 2nd day of February, A. D. 1891, before me William [ GNrouoSoCiaOar Of noaHa Of the Territory of Arizona in and for the State of New York, residing in raid City of New York, personally appeared Charles H. Dillingham; and Curtis Coe Bean, who are personally known to me to be the persons described in and who executed the forego- ing instrument and they acknowledged to me that they executed the same freely and voluntarily and for the uses and purposes therein mentioned.
 Witness my hand and official seal. [Seal.l WILLIAM H, GARRISON, Commissioner for the Territory of ArizonR
 in New York.
 District of Columbia, l..
 City of Washington.
 On this seventh day of February, A. D.. 1891, befor me R. H Evans, a COnlmis- sioner of Deeds for the Territory of Ari- zona, in ard for the District of Columbia, duly commissioned and sworn, personally appeared George o. Glaris, personally know to me to be the person described in and who executed the foregoing instru- ment, who acknowledged to me that he executed the same freely and voluntarily and for the uses and purposes therein mentioned.
 In witness whereof have hereunto set my hand and affixed my official seal the day and year in this certificate first above written.
 [Seal.l K. H. EVANS. A Commissioner of Deeds for the Territory
 of Arizona, in and for the District of
 Columbia.
 Territory of Arizona. ss
 County of Yuma
 On the 9th day of March, A. D. 1891, before me Charles H. Brinley, Clerk of the District Court of the Territory of Arizona, in and for the County of Yuma personally appeared D. K. Allen and J. H. Carpenter, pers onally known to me to be the persons described in and who executed the foFs> going instrument, who acknownledged to me that they executed the same for tas purpose and considerations therein ex- pressed.
 Witness my hand and the seal of said Court this 9th day of March, A. D. 1891. [Seal. c. H. BRINLEY, Clerk.
 By E. s. INGALLS, Dty Clerk. Recorded at the request of J. H. Car penter, March l2th, A. D. 1881. at o'clock p. n', ,. L. hEDoNDo,
 County Recorder. Territory of Arizona, ca
 County of Yuma.
 I, J. L. Redondo, County Recorder in