The Winslow mail., 1900-08-30
ArticlesofIncorporation
OF THE
Nauale 6oJntu Bank, *.
OF THE
OF WINSLOM, ARIZ.
Know all men bv these presents:


Know all men bv these presents:
That we, W. q. Burbsge, F. W. Mel
son, Henry Huuing,, M: w FTournoy
and Georgia.. Lame, have this day vol
unfairly associated ourselves together
for the PURPOSE of forInItga u corpora
tsOn 1udsr<h laws otsthe Territory
Of AriZoira,' and ia tompliance with
Chapter Ii ofTitle XII of tie Rezissa
Statutes Uf Arizona for 1887, and have
adopted and do hereby certify to the
following articles of incorporation,
namely:
..r'. n ARTICLE ].
The name Of this z corporation shall
be the Navajo County Bank, and It's
principal place of business shall be
Winsiow, Navajo county, Arizona Ter
ritoTy.
ARTICLE Il
The general nature of the business
to be iransacted by the corpofar,un
shall be that of banking in all It's
branches, buying. owning, selling :aua
handling any aud all real or personal
properly, or both real and personal
property GeGessary or incidental TO
the business Of bauking and to do and
ss;forp aff things pertaining to said
business :
=, u ARTICLE III.
The amount Of the capital stock uf
this corporation herein authorized ia
twenty five hohslnd dollars ($z5,00U,
and tue numDgc Uf sDares ir,o which
it IL divided Is two hundred aud fifty
(250) of the par value of one hundred
dollars ($lUO) each. All of which shall
be paid IN ia cash, at not less inan the
par yaspe, upon the issuance of said
stock; aid Wien so paid shall be fiuii-
assessaDie "''' I.
One hundred (lG0) shares OF the cap
ital stock at the par value of QUE
hundred dollars ($lO0) each shall oe
paid III Oh or befure the 3oin day of
June. A: . 1900.
The balance Of the capital stock
shall he issued according 10 law from
time to time in such amounts Hs 1nay
be'authorlzed by the corporation. 'F
ARTICLE ".
This corporation shall commence on
the nrst day OF Jniy, A. ID. 1900, and
shall terminate Twenty-Five (25J yskrz
from said date, 10 wit: June SOih, a.
u. 1925
ARrICLEv.
Tle affairs of this corporation shall
be Conducted by board of five (5) di
rectors all of whom shall be stockhold.
ers, to be.siected annually. at 4 stock
holders Geeting TO be held Oh the sec
ond SATURDAY in June of each year
commencing with the second Saturday
ia June Az. 1900
p The following stockholders shall b.
and constitute and are hereby ap
pointed the directors and officers oi
this corporation until the first aunua
election in june. 1901, or until ,heil
successors i5re dnly elected and enter
u;,ou the duties OF their offices, name
iy: w. Fl: burbage, president; F. W
Nelson, vice-presidenl; George A. Lane
cashier; and Henry Huning and NJ. w
Flourney, directors.
TIE directors aud officers shall hold
office, commencing on the first day o5
July, A. ID 1900, for the term or one
year, or until their successors are
elected and qualified.
The directefs shall elect from
among their n1mber president, vics
president. who may also be assistant
cashier, and cashier, who shall be ex'
otficio secretary of the board Of direct
ors Of tbs corporation.
ARTICLE VI
The private property Of each and
every officer and stockholder of hi.
corporation shall be wholly exemp,
from any aud all corporate debts and
liabilities.
/ ARTICLE VII.
Thai the highest amount of indebted
ness to which this corporation ehall al
any time 'su bject itself shall be such
sums to which the demands OF depos'
it's may De brought to, but the total oi
sucti indebted ess or liability at any
one time, is hereby made for the pur
pose OF definite am mount, not to- exceed
two hundred and fifty thousand dol
lars 3sZ5o,Ooo).
ARTICLE VIII.
The board of directors Of this cor.
pore tie4 shall adopt code og +by-laws
for the Hovernment Of the corporation
which code of bylaws shall prescribe,
limit aud define the powers and duties
of the officers.
It shall also provide for the election
of the officers as herein set forth and
for thsEsppointment Of snch other
officers. who may or may not be direc.
tors 9f' st stockholders, as may at any
tiidne seem or appear To them TO be de-
sirabi or necessary to the proper con-
duct of the affairs of the corpcration
In witness whereof we have hereunto
set our hands and seals Ibis fourteenth b
day of June, a. D. 1900 ''''
w. Fl. Burbage [Seall
F. w. Nelson, Seal
Henry HuHing. ISsal]
M. w. FlournOy, Seall
Geo. A. Lane. [Ssal]
TzRR1roaY OF ARIZONA, S.
COUNTY OF NAVAJO.
Before ms, A. F. McAllister, county
recnrder in and for Navajo county,
Arizona Territory, on this day person.
ally appeared w. H Burbage.:F F. W
Nelson and Henry Honih zIf IoersOh=
ally Known me to be the persons