Arizona republican., 1898-02-04

F. To borrow or raise money by mortgage or on bonds, daben,uT ac- ceptanceS, promissory notes, or other securities CT proper;y of the company or any p2rt thereof, and to create sinking fund from the proceeds of its business or other assets for the pur- pose of providing for the payment cf it's debs or the interest the.eon.
 III. The capital stock of this cor poration shall be one hundred thou sand dollars, divided in-o one thou- sand shares of one hundred dollars each, and the company shall have power to increase, subdiNide, claSsify, or reduce the capital for the time be- ing by the amendlls mt of these ar ticles and to raise the whole or any part thereof or any increased lpicai at a premium or with any preference, guarantee, privilege or other advan- tage or postponement. Capital stock shall be subscribed for, sold, issued and the price thereof paid in at such times for such prices and upon such conditions as the bohrd Of directors shall from time to time by resolution direct, provided, however, that the purchase price of all stock shall be fully paid before the certificates there for shall be issued.
 ". The time ot the commend: :mens of the corporation shall be the twen- tieth day of January, A. D., 1898, and 1,s termination at the end of twenty five years from the date of com mencement.
 " The affairs of the corporation shall be conducted by board of five directors. to be elected yearly at the regular annual meeting of the stock holders. All directors shall be sock holders in their own right.
 The officers Of the corporation shall be president, vice president. secretary, treasurer, medical director and sokc = tor, and such other as the board Of directors may ordain. More than one office may be held by the same per son. Until the election in 1899, the officers shall be as follows: P1esi dent, c. F. Underhill; vice president, IfG. B. Richmond; secretary and solici- tor, ]. K. Dooliltle; medical director and treasurer, William Lawrence Woodruff, M D. The president and vice president shall be members of the l board of directors.
 VI. The highest amount of indebt- edness or liability to which the cor poration is at any time to subject it. self shall be forty thousand dollars. VII. The private properhy of the stockholders of the corporation shall not in eny event. be liable fer the debts of the corporation. VIII. Regular meetings of the stockholders of the. corporation shall he held annually on the second Mon- day of January in each year, and at each annmad meeting or adjournment thereof the stockholders shall eleci board of directors who shall organ ize by selecting the officers aforesaid. Until ltihe regular annual election in | 1899 the inccrporators shall consti- | tue the board of directors. Special | meetings of the stockholders may be called by the board of directors and shall be called by the president or vice president upon the written re- l quest of holders of one-quarier of the I capital stock then issued. l Notice of each meeting of the stock ! holders shall be mailed to each stock l holder at his registered address not more thiin thirty nor less than twenty l days prior to the meeting. 1 TX. The board of directors shall have power to establish bylaws a | to amend or repeal the same; to fill all vacancies in the board of direct | OTIS and in the offices cf the coIpora- tion- A majority of the board shall constitute a quorum.
 ! X. These articles of incorporation may be altered and amended at any irregular meeting of the stockholders or at any special meeting expressly Ecalled for that purpose by the affirm ative vote of the holders of at least ! two-uhirds of the capital stock then issued.
 In Witness Whereof, We have here
 unto set our hands anh seals, thi
 seventh day of January, IA D., 1893
 in duplicate.
 (SaaD c. F. UNDERTIILL
 (Seal) VIM. LAWRENCE WOOD
 RUFF.
 (Seal) JOHN K. DOOLITTLE. (Seai) E. A. WOODRUFF.
 Territory of Arizona, County of Mari copa.
 Before me, Frank H. Lyman, a No
 tary Public in and for the County and Territory afore-
 said, on this day personally
 appeared George B. Richmond
 William Lawrence Woodruff, John K
 Dooaittle and E. A. Woodruff, known
 to me to be the persons whose names are subscribed to the foregoing in-
 strument and acknowledged to me
 that they executed the same for the purpose and consideration therein
 expressed.
 Given under my hand and seal od
 office this seventh day of January
 1898.
 (SeaL) FRANK H, LYMAN.
 Notary Public. Maricopa County, Arizona My commission expires the 2nd day of February, 1899.
 State of California, County of Los Angeles, ss.
 Before me, Don c. Porter, a Notary prhlio in and for tha Co,,nrv oDd