The Coconino weekly sun., 1895-04-11
ARTICLES OF INCORPORATION
 of THE ARIZONA CEN TRAIL BANK

KNOW ALL MEN BY THESE PRESENTS, That we, B, N. Freeman. j. II. Hoskins Jr,, and F. l.. kimball, have voluntarily associ- ated ourselves together, for the purpose of forming corporation, under the laws of Ari- 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 l.
 The name of this corporation shall be The Arizona central Bank" and its principal place of business shall be at Flagstaff, Coco nino County Arizona.
 Article IT,
 The general nHthre of the business to be lransacted by this corporation shall be bank ing. and handling, any real or personal prop erty, necessary or Incident to the business and todo all things pertaining to said busi- ness.
 The capital of this corporation shall be twenty thousand dollars. paid In upon tho filing of these articles; the shares of stock sha. be in the sum of one hundred dollars each. par value. From time 10 time the Board of Directors may increase said capital to seventy-fiVe thousand dollars;
 This corporation shall begin on the first day of April. A. D. 1895. and shall terminate twenty years from snid date.
 Article W
 The affairs of this corporation shall be con- ducted by n 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 a legal holiday, then on the first business day thereafter. Also, by a President. Vice-President, Cashier and As. Slsta9t Cashier. and such other officers as the Board or 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. pointed as such Directors until their success ors are duly elected and enter upon the duties of office.
 Article yi-
 Private property of shareholders in this corporation shalt 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 to exceed three hundred thousand dollars.
 Article VII
 The Board of Directors of this corporation shall adopt code of bylaws for the govern ment Of this corporation, and the conduct of Its 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 coDduct of the affairs of this cor poratlon, and the powers and duties Of all officers herein named shall be prescribed in said bylaws. and in such amenamenis thereto, as may be made by said Board of D- rectors. And said by laws shall regulate the transfer of stock
 Article VIII
 The corporate seal of thls corporation shall be n circle bearing the word seal" in the cen ter and the words, "1he 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.
 lsEALl B. x. FREEMAN.
 lsEALl J. II. HOSkINS, JR.
 lsEAIJ F. l., KIMBALL.