The Arizona sentinel., 1891-06-13

c l a. of Yuma, and Territory of Arizona
 ".
 The amoant of the capital stock of this corporation shall be three miIlion (S8,000, ,00O dollars, divided into three hundred thousand (309,O00) shares of Hthe par value of ten ($.c) dollars each, and the time when and the cOndi- tGns upon which it is to be paid are as ICiioWs, to-wlt: The whole thereof imnledi- ateiy upon making the subscription therefor. ana the said stock shall be fully paid before. telng issued and inaccessible thereafter
 Y.
 The amount of the parvalue of each sbare ot the capital stock of this corporation shall be ten (S10) dollars,
 The highest amount of Indebtedness CT E4 ability, direct CT contingent, to which this corporation IS at any time to be subjected or to subject itself is the sum OfOne million doIlar-(S1 C00, ,000)
 VII. i The stockholders i'll this eOrpGration and 1 their private property, shall be exempt from the corporate debts of this corporation.
 VIII. 1 The affairs of th1s corporation are tO be and they shall be, conducted by a Board of | Directors consisting Of five persons. who
 
 CTS, at such time and manner as shall be ! prescribed by the bylaws of this corpora. i ton, 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 corporation; 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. agement of the business, and in tse 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 Wednesday of April, eighteen hundred and ninety-two 1S92) and until their suc- ceSsOrs, duly qualified, shall be elected, tO-wit: George o. GTavis, Curtis Gee Bean, C. H. Dillingham;, D. K. Allen and H.. Carpenter,
 Any person ceasing to be subscriber shall cease to be director. and hereafter, If any director shall cease to be a stock 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 as soon as practicable after the filing of these Articles in the office of the County Recorder in the County of Yurla, Territory of Arizona, the persons named herein as directors to serve until the first Wednesday in April, eighteen hundred and ninety-two uS92), 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 oe : r,f and stockkolders.
 A majority of said directors shall be quorum, and any meeting of said Board, at which quorum is present, shall be deemed a regular meeting and have the same au- thority as full Board, whether nctice of meeting to the absent members of the Board shall have been gi"en or not.
 TX.
 The Board of Directors of the corporatios shall have power to establish bylaws and make all rules and regulations deemed ex- pedient for the management of tEe affairs of this corporatio. and the officers thereof, not with the constitution and laws of the United States and the laws of the Territory of Arizona.
 In witness whereof, we have hereunto set our hands and seals this second day of
 
 CURTIS Coz BEAN,
 CHARLES H. DILLINGHAM;,
 D. z. ALLEN, Seals.
 GEORGE c. CLAWS,
 J. H. CARPENTER
 State of New York, City and County of New York. Be it remembered that on this 2nd day of February, A. D. 1891, before me William Of Cf 5he Territory of Arizona in and for the State of New York, residing in said City of New York, personally appeared Charles Ii. Dillingham; and Curtis Coe Bean, who are personally known to me to be the persons described in and who executed the forego- ng instrument and they acknow ledged to ne that they executed the same freely and and for the uses and purposes therein mentioned.
 Witness my hand and official seal. Seal.T WILLIAM H. GARRISON, for the Territory of Arizon2
 in New York.
 District of Columbia,
 City of Washington,
 On this seventh day of February, A. D, S9I, befor me B. H Evans, Commis- ioner of Deeds for the Territory ot Ari- .ona, in and for the District of Colulnbis, luly commissioned and sworn, personally appeared George o. Glaris, personally ,nown to me to be the person described n and who executed tie foregoing instru- nent, who acknowledged to me that he executed the same freely and voluntarily nd for ths cses and purposes therein mentioned.
 Tn witness whereof 1 have hereunto set nv hand and affixed my official seal the ay and year iG this certificate first aLevs rritten.
 Seal1 R. H. EVANS, ]. Commissioner of Deeds for the Territory
 of Arizona, ia and for the District ef
 Columbia. territory of Arizona, County of Yuma
 On the 9th day of March, A. D. 1891, efore me Charles II. Brinley, Clerk of the District Court of the Territory of Arizona, I and for the County of Yuma personally ppeared D. K Allen and J. H. Carpenter, ersonalIy known to me to be the persons escribed in and who executed the fore oing instrument, who acknowniedged to .e that they executed the same for the urpose and considerations therein ex- ressed.
 Witress my haal and the seal of said ouit this 0th day of March, 4. D. 1891. ,eal c. H. BRFNLEY, Clerk.
 By F. s. INGALLS,, D'ty Clerk. Recorded at the request of J. H. Car cutter, March 18th, 4. D. 1881, at clock D. n, ]. L. REDONDo,
 County Recorder. or-;t,r,, Of Arizona