The Arizona sentinel., 1891-07-04

III. , The place where this corporation propose to have its principal office and place of busi ness IS in the city or town of Yuma, Count, of Yuma, and Territory of Arizona. Il ". The amount of the capital stock of thi corporation shall be three million ($3,O00,OOO) dollars, divided into thre, hundred thousand (3OO, ,G0O) shares o the par value of ten ($f3) dollar, each, and the time when and the condi tl9nS upon which it is to be paid are a. follows, to-wit: The whole thereof inmeGi. ateIy upon making the stlbscripti0n therefor l-e, and the said stock shall be fully paid befort DeIng issued, and unassessabIe thereafter. The amount of the parvalue of each share of the capital stock of this corporation shall be ten (S10) dollars.
 VI.
 The highest amount of indebtedness or T- ability, direct or contingent, to uhich this corporatlo9 IS at any time 10 be subjected ; or to subject itself is the sum of one million dollars($1, 900 ,OOO.)
 VII.
 The stockholders in this corporation, and thelr private property, shall beexempt from l the corporate debts of this corporation.
 VIII. The affairs of this corporation are to bs and they shall be, conducted by a 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 tlon, and all of whom shall be subscribers. to the capital stock of this corporation, and | hereafter no person shall be eligible to the otflce of Director unless he is stockholder III the corporations; provided, that said Board Of Directors may elect such officers ana appoint such committee or committees from their own number, to aid in the man. agement CT the, business, and in the con- ductlng 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 corr 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-w1t: George O. Glavis, Curtis COe Bean, c. H. Dillingham;, D. K. Allen and J H., Carpenter,
 Any person ceasing to be a subscriber shall cease to be director. and hereafter, if any director shall cease to be . stock
 
 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 Yuma, Territory of Arizona, the persons named herein as directors to serve until the first Wednesday in April, eighteen hundred and ninety-two (lS92). or until their successors. duly qualified, shall be elected, sbap 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 a 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 notice of meeting to the absent members of the Board shall have been given or not.
 TX.
 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 tEe affairs of. this corporation 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 ct our hands and seals this second day of February, A. D. 1891.
 CURTIS Coz BEAN,
 CHARLES H. DILLIEGHAH,
 D. K. ALLEN, Seals.
 GEORGE o. CLAWS,
 J. H. CARPENTER,
 State of New York, Iity and County of New York. Be it remembered that on this 2nd day of February, A. D. 1891, before me William I. Clarkson, ComaIissioner of Deeds of he Territory of Arizona in and for the 'tate of New York, residing in said City of Jew York, personally appeared Charles H. Dillingham; and Curtis Coe Bean, who are personally known to me to be the persons escribed in and who executed the forego-. ng instrument aud they owIedged to ne that they executed the same freely and oluntarily and for the uses and purposes herein mentioned.
 Witness my hand and official seal. Seal.I WILLIAM H. GARRISON, for the Territory of Arizona
 in New York.
 District of Columbia,
 OlGy or w dShlHSGOus On this seventh day of February, A. D. S9l, befor me R. H Evans, a CoDlmis- toner of Deeds for the Territory ot Ari- ona. in and for the District of Columbia, uly comm issioned and sworn, personally ppeared Gsorge 0. Glaris, personally nOwzl to me to be the person described ] and who executed the foregoing instrp- lent. who acknowledged to me that he ,,oontad the sa07a fraoiv and volnntarilv nd for the uses and purposes therein lentioned.
 In witness whereof have hereunto set " hand and affixed my official seal the ny and year in this certificate first above ritten.
 ,eal.1 r.. H. EVANS, Commissioner of Deeds for the Territory
 of Anzcna, in and for the District of
 CeluH!bia.
 erritory of Arizona. County of Yuma
 Oh the 9th day of March, A. b. 1891, sfore me Charles H. Brinley, Clerk of the istrics Court of the Territory of Arizona, and for the County of Yuma personally ,peared D. K Allen and J. H. Carpenter, ,rsonally known to me to be the persons ,scribed in and who executed the fore- ,ing instrument, who acknowledged to 2 that they executed the same for tue lrpose and considerations therein ex- eSsed.
 Witness my hand and the seal of said ,art this 9th day of March, A. D. 1891. cal c. H. BRINLEY, Clerk.
 By F. s. INGALLS,, D'ty Clerk. Recorded at t!=e request of J. II. Car nter, March 18th, A. D. 1881. at clock D. m, J. L. REDoNPo,