Arizona republican., 1897-10-07

Article V-The time of the com-
 mencement of this corporation shall be the date of filing of these articles in the office of the county recorder of Maricopa county, Arizona, and the time of the termination of the said
 corporation shall be twenty years af- ter said date.
 I Article VI-The affairs of this cor poration are to be and they shall be conducted by board of directors consisting of three persons who shall be elected by the stockholders on the first Monday of October in each and every year to serve one year after such election and until their success sors are elected. The officers of the 1 corporation shall be president, vice president and secretary. The follow i ing named persons who are subscrib- , CTS to the capital stock of this cor poration shall constitute the board of directors thereof until the first Mon | day in October, 1898, to-wit: s. P. | Clark, J. s. Billiar and c. l.. Clark. The officers of this corporation un- l til their successors are elected are | s. P. Clark, president; C. l.. Clark. 1 vice president, and J. S. Bi1liar, sec retary. The board of directors of | this corporation shall have the full 1 management Of all the affairs and | business and of all the property of | the corporation and shall have full | power to enter into contracts or l cause contracts to be entered into | in behalf of the corporation and to
 lease or dispose of any of the proper | ty and of the unsuoscribed capital
 stock of the corporation upon such
 terms and for such prices as to said board may seem proper. Two mem l bers of the board of directors shall
 constitute quorum to transact any
 of the business of the corporation,
 and when a vacancy may occur in the board or in any of the offices of the 1 corporation the remaining members 1 of the board of directors shall have
 authority to fill such vacancy. Meet 1 ings of the board may be had at any time that a majority of the board or the president may direct The presi- dent shall sign all the certificates of the capital stock that may be issued by this corporation and also all con-
 tracts and other instruments neces-
 sary to be executed by this corpora tion. The president shall also pre-
 side at all meetings of the board of
 directors and of the stockholders
 in the absence of the president the vice president shall possess all the
 powers of the president
 The secretary shall keep a record
 of the proceedings of the board of di.
 rectors and of the stockholders oi
 the corporation, and shall keep the stock looks of the corporation an6 : coun'tersign all certificates of tho
 capital stock issued by the board o
 directors.
 Article VII-The highest amount O
 indebtedness or liability to whicf
 this corporation is at any time to sub
 ject itself is five thousand dollars. Article VIII-The stockholders O this corporation and their privatt property shall be exempt from tht corporate debts of. the corporation. Article IX-The board of director. of this corporation shall have ful power and authority to adopt suc1 bylaws as the board may deem nee essary for the government of the cor poration and board of directors, how ever, such bylaws shall not be in
 consistent with these articles of in corporation or with the laws of tn, territory or of the United States. These articles of incorporation may
 be amended at any time by a major l ity vote of the board of directors. In Witness Whereof, the said in co11porators have hereunto subscribed ] their names this 30th day of Septem Der, A. D., 1897. s. F. CLARK.
 J. s. PILLAR.
 c. L. CLARK.
 Territory of Arizona, County of Mari copa, ss.
 } Before me, J. L. B. Alexander, a no } tary public in and for the county O. Maricopa, territory of Arizona, or } this day personally appeared s. P Clark, J. s. Billiar and c. L. Clark l known to me to be the persons who's, names are subscribed to the forego ing articles of incorporation and eacl for himself or herself acknowledged
 to me that he or she executed tn, 7 same for the purposes and considera tion therein expressed.
 Given under my hand and seal O office this Both day of September, A D., 1897.
 } (Seal) J. L. B. ALEXANDER, : Notary Public } My commission expires July 30 1901.