The Arizona sentinel., 1895-10-05
ARTICLES OF INCORPORATION
 OF THE Citizens Building and Loan ATssOcia. tiOn of Yuma, Arizona.

Citizens Building and Loan ASsOcia.
 tion of Yuma, Arizona. Know all men by these presents, that we, Edwin Mayes, B. F. Hartlee, H. w. McKean, Althee Modesti, J. H. Kinsler, A. Frank, G. NJ. Thurlow, Jos. Nugent and O. F. Townsend, corporators, have as- sociated ourselves together for the purpose of forming corporal ition urider the laws of the Territory of Arizona, and we hereby certify.
 That the name of said corporation is the Citizens Building and Loan Association of Yuma; its principal place of transacting business is at the village of Yuma, County of Yuma, Territory of Arizona.
 II.
 The business and purpose of said cor poration shall be the accumulation of a fund, by monthly contribution of its mem bers, premiums, fines and interest arising from the. proper investment of the same, to enable them to build buildings, purchase real estate, or safely invest Small sums at St2ted intervals.
 Any person may become a member of this corporation by taking stock therein and paying an admission of one dollar. and complying with the rules and regulations of the corporation.
 The tune of the commencement of said corporation shall be the 1st. day of August, A. D. 1895, and its termination twenty five (25) years from that date. "
 The officers of this corporation shall con- sist of President, Vice President, Secre- tary and Treasurer, ana shall be elected by the Board of Directors from among there number, and shall serve until their sue cessors are elected and qualified, and such subordinate officers and agents as the Board of Directors may from time to time appoint from among the stockholders. All business of the corporation shall be managed by board of nine directors, who shall be stockholders and who, shall at the first meeting after incorporation. decide by lot which of their number shall serve respectively one, two and three years; and on the 1St day of August A. D. 1885, and annually thereafter the stockholders shall elect three directors, to serve three years and until their successors are elected. VI.
 The highest amount of indebtedness or liability to which this corporation is at any time to subject itself shall, not exceed the sum of one thousand ($1, ,000.00) dollars The private property of the membea of this corporation shall be exempt from cor porate debts.
 VIII
 The capital stock of said corporation shall be $100,000.00 composed of five hundred shares, at the par value of two hundred dollars per share.
 That said capital stock shall be paid for at the rate of one dollar per share per month, until fully paid for at that rate, or by premium, interest on investment and fines.
 X.
 That not more than ten (10) shares shall be held by any one person. XI. The Bylaws of this corporation shall be adopted by the Stockholders, and may be altered or amended by the Board of Direc- | tors by two thirds vote at any regular meeting of the Board, and said alteration or amendment shall be presented at the next meeting of the stockholders for their approval.
 The common seal of this corporation shall be inscribed with the name around the circumference.
 | XIII.
 These articles of incorporation may be amended at any meeting of the stock holders by tWo-thirds vote of the stock then issued. Notice of such amendment shall be given in the call for the meeting. Said amendments shall be signed and acknowledged by the President and Secre- tary.
 XIV.
 We further certify that an election for directors was held at a meeting 0f the stockholders of said corporation on the 17th day of July A. D. 1895 in Yuma, A. T. and that the following named persons were elected directors:
 Althee Modesti, J. H. Kinsler, A. Frank, G. M. Thurlow, Jos. Nugent, B. F. Hartlee, Edwin Mayes, H. w. McKean and o. F. Townsend, to serve until their successors are elected and qualified, and that the undersigned corporators acted as the off cers of said election.
 In witness whereof, we have adopted the above and foregoing Articles of lncorpor- ation and have hereuntO set our hands and seals this 29th day of July A. D. 1895. l EDWIN NAMES,
 B. F. HARTLEE,
 H. w. McKEAN, | ALTHEE MODESTI,
 JAMES II. kINsLER,
 A. FRANK,
 GEO. NJ. THURLow,
 Jos. NUGENT,
 0. F. TOWNSEND, | Territory of Arizona,l ss
 County of Yuma. ''
 Before me, Geo. A. Duke, Notary Pub lie in and for said county duly commission. ed and sworn on this day personally ap. peared Edwin Mayes, B. F. Hartlee, H. w | McKern, Althee Modesti. J. H. Kinsler, A Frank, G. NJ. Thnrlow, Jos. Nugent and O. F. Townsend, known to me to be the same persons whose names are subscribed to the foregoing Articles of Incorporation, and who signed the same in my presence, and severally acknowledged to me that they ex- ecuted the same for the purposes therein expressed.
 Given under my hand and seal of office, this 29th day of July A. D. 1895. [Seal. GEO. A. DUKE, Notary Public, Yuma county, Trritory of Arizona.