The Coconino weekly sun., 1895-05-09
ARTICLES OF INCORPORATION
 of THE ARIZONA CENTRAL BANK

KNOW ALL MEN BY THESE PRESENTS: That we, B. N. Freeman, J, H. Hoskins, Jr., and r. l.. Kimball, have voluntarily associ- forming a corporation. under the laws of Arl- zona. entitled, Corporations in General, Revised Statutes of Arizona, 1887. and have adopted and do hereby certify to the follow ing Articles of Incorporation. viz:
 Article r.
 The name of this corporation shall be The Arizona central Bank" and it's principal place of business shall Do at Flagstaff, Coco ninO County. Arizona,
 Article IT.
 The general nature of the business to be transacted by this corporation shall be bank ing in all branches, buying, owning, sell ing, and handling, any real or personal prop crty necessary or incident to the business. and to do all things pertaining to said busi- ness.
 The capital of this corporation shall be twenty thousand dollars. paid in upon the filing of these articles; the shares of stock shall be in the sum of one hundred dollars each, par value. From time to time the Board of Directors may increase said capital to seventy five thousand dollars.
 Article "
 This corporation shall begin on the first day of April, A. D. 1895, and shall terminate twenty years from said date.
 Article "
 The affairs of this corporation shall be con- ducted by Il Board of Directors, consisting of not less than three nor more than eleven shareholders. elected annually on the first day of July, or if said day in any year, fall upon Sunday or q legal holiday, then on the first business day thereafter, Also, by a President. Vice-President, Cashier and As sistant Cashier, and such other officers as tho Board of Directors may see fit from time to time, to appoint. Said Directors shall hold office until their successors are duly elected and qualified. and B, N Freeman, F. l.. Kim ball, and J. II, Hoskins Jr., are hereby ap- pointed as such Directors until their success ors are duly elected and enter upon the duties of office.
 Article VI
 Private property of shareholders in this corporation shall be exempt from corporate debts, and the highest amount of indebted ness to which this corporation shall at any time subject itself, shall be the sum to which the demands or deposits may reach or may be brought, but the total of such indebted ness or liability, at any one time, is hereby made for the purpose of definite amount, not to exceed three hundred thousand dollars.
 Article VII
 The Board of Directors of this corporation shall adopt a code of bylaws for the govern ment of this corporation. and the conduct of it's affairs, such bylaws shall also provide for the election of officers herein stated. by the Board of Directors, and for the appointment by them of such other officers as may any time seem to them desirable or necessary, to the proper conduct of the affairs of this cor poration, and the powers and duties of all officers herein named shall be prescribed in said bylaws, and in such amendments thereto as may be made by said Board of Di- rectors. And said by laws shall regulate the transfer of stock.
 Article VIII-
 The corporate seal of this corporation shall be a circle bearing the word seal" in the cen- ter, and the words, "The Arizona Central Bank around the margin.
 IN WITNESS WHEREOF, we have here unto set our hands and seals this fifteenth day of March, A. D. 1895.
 [sEALl B. N. FREEMAN.
 lsEAL J. II. HOSKINS, JR.
 SEAL F. l.. kIMBALL.