Arizona republican., 1899-07-03

cash or pTOpianty from time to time aS subscr:p tionsi shall be made for. the same; and no stock shall be issued ui2- til fully paid, and the same shall be non-asseEsable thereafter
 ARTICLE V.
 The maztmum amour of th= kind which this corporation shall be authorized to incur at any time, or fer wt,lch it can be made liable, is the sum of Two Hundred and Fifty Thousand Dollars | (s25O,O 100000.
 ARTICLE VI
 The stockholders Of this corporation and their private property shall bsi at all times exempt from the corporate debts of this corporation
 ARTICLE VII. The affairs of this corporation shall be conducted by a board of directors, composed of not less than thres nor more than seven persons, who shall be elected at the annual meeting of the stockholders of this corporation, to be held at the office of the company in Phoenix, Arizona, on the second Mon cay in January in each year, anu shall hold office until their successors are elected and qualified.
 The officers of this corporation shall be a President, Vice-President, Secre- taIy and Treasurer, who shall be elected annually from among the board of directors at a meeting there of to be held Immediately after the annual meeting of the stockholders. 1 The secretary and treasurer may be one and the same person. Any meet ing of the directors at which a quorum shall be present, shall be deemed legal meeting, and the.r acts shall have the same force and effect as though passed ty a full board. whether the absent members of the board had notice of the meeting or not. The president shall be the executive officer of the corporation and sign all con- veyanceS, checks, contracts, and other i Instruments, and in his absence or inability to act, the v:ce-president shall perform his duties
 The following named persons who are subscribers to the capital stock of this corporation shall ba it's officers and directors undl the:r successors are elected and qualified:
 c. F. Ainsworth, President and Di- rector.
 F. I. Kendall, vice1Prss:dent and Di- rector.
 Louis C. Masten, Secretary Treas uraT and Director.
 H. William Stevens, Director.
 William T. Hutchinson, Director.
 ARTICLE VIII.
 All vacancies that may occur i'll board of directors shall be filled until the next annual election by the mem- bers of the board of directors remain ing in office
 The beard of directors of the cor poTation may appoint such committee or committees, Or such business man. agsr or managers, to aid in the man. agsn.lenl of the business NOf this cor poTation, as they may deem expedi- eut, and vest in such managers or com n,ttees, such powers as the boar1 Of directors may deem best.
 ARTICLE TX.
 No person shall be eligible to the office Of director in this corpor abh1n unless he is a stockholder at leasc thirty days previous to the date Cf his election, and any diractor CT officer ceaSmg to be a s5cckh0lder shall theTeupon cease to be a director or cf- fcer in the corporation.
 As soon as practicable after the fling of these ar5.clsi3 Of incorporation in the office Of the county recorder of MarIcOpa County, Arizona Territory, the persons hereinbffore named as d. recbors shall mlsdt and adopt bylaws, and at any regularly prescribed me9t- ing of board of directors, they may make such rules and regulations Es they may deem necelscsary for the proper management Of thj5 corpora 5iOn and it's affairs consistent with these articles of incorporation, and in accordance with the laws of the United States and the laws Of the Territory of Arizona
 ARTICLE K
 The articles of incorporation may be ameEtlsd als any annual mest lng Of the shareholders, or any spec'al meeting thereof, calI-d fer the purpose by two thindS of the stock represented at E;aeE meeting, either in person UT by proxy. voting in favor Of such amendment proposed, and whenever any a1nend- mient of these articles of incorporation small be made. the same shall De s:gred and acknowledged by the pres ideint Of the corporation. and shall have the same force and Nirsue as those signed by all the subscribers. In Witness Whereof we have here unto set our hands aud seas this 18th day of March, A D., 1899.
 c: F. AINSWORTH TGoalI
 F. I. KENDALL. TseaIl
 LOUIS c. HASTEN. [ssall
 H. VIM. STEVENS. TscalI
 VIM T. HUTCHINSON. Tseall State Of California, City and County of l San Fran1 sco, ss.
 On this 29th day of March, in the I year one thousand Gght hundred. and | riEle;,g nine. before ne. 4. J. Ifenxv. a | notary public, in and for the city and | c0uu5y of San Francisco. psrson1llY 1