The Arizona sentinel., 1900-08-01

Five Hundred Thousand Dollars, [s5OO, O,OOo.OOl divided into One Hundred Thousand [1o0,c0Ol shares of the par value of 1851 each, and the time when, and the conditions upon which it is to be paid are as follows:-
 The whole thereof immediately upon making the subscription therefor and the said stock shall be fully paid up when issued, and shall be non -assessable thereafter, and no personal liability shall be attached to the holders of the stock thereof.
 The amount of the par value of each share of the Capital Stock of this Company shall be Five Dollars 1851
 The highest amount of indebtedness or lia- bility direct or contingent to which this Com pany is at any time to be subjected or to sub ject itself is One Hundred Thousand Dollars, [$1OOOOOl.
 The stockholders of this Corporation and their private property shali be exempt from the corporate debts of this Corporation.
 VIII
 The affairs of this Corporation are to be and shall be conducted by Board of Directors, consisting of seven persons, who shall be elect ed annually by the stockholders at such time and in such manner as shall be prescribed by the Bylaws of this Corporation, and all ot whom shall be stockholders or subscribers 10 the Capital Stock of this Corporation. The following named persons, who are sub scribers to the Capital Stock of this Corpora tion, shall constitute the Board of Directors of this Corporation until the first Wednesday af- ter the first Monday in October, 1900, and until their successors, duly qualified shall be elected or appointed
 Harry P. Layton, Edgar R. Brush, Thomas B. Ferguson, Jr., Stephen W. Dorsey, Ambrose s. Lynch, James Simons
 Herman Bruen.
 If any Director shall cease to be stockholder he shall cease o.be aIDirector. Vacancies inlthe Board of Directors shall be filled by the re maining members of the Board immediately or as soon as practical after filling of these articles in the office of the County Recorder of the county of Yuma, the persons hereinafter named as Directors to serve until the first Wednesday alter the first Monday in. October, 1900, shall meet and organize Board of Directors, adopt Bylaws the method of calling the meetings ot the Board of Directors. A majority of the Board of Directors shall constitute quorum of said Board for the transaction of said busi- ness
 K
 The Board of Directors of this Corporation shall have power to establish Bylaws, and make all rules regulations deemed expedient for the IT arrangement of the affairs of this Cor poration and the officers thereof, and appoint experts, engineers, attorneys and other persons to act as Agents, representatives of this Cor poration residing in the United States or other countries, fixing their salaries and exerclse ot power needful to conduct its business in all its branches.
 In witness whereof we, have hereunto set our hands and seals this enty-nInth day of May, 1900.
 HARRY B. LAYTON, lSeal]
 THOS. P. FERGUSON, JR., [seall Witness MARY CONSTANCE.
 State of New York, County of New York Sss On this day before me, Notary Public ln and for said County and State, personally ap- peared Harry P. Layton and Thomas B. Fergu- son, Jr personally known to me to be the same persons described in and who executed the forgoing instrument, and acknowledge to me that they executed the same for the uses and purpose therein mentioned
 In witness whereof, have hereunto set my hand and affixed my official seal this 29th day of May, 1900.
 HARRY H. HOMLES, (SeaD
 Notary Public No. S3S, N. Y. Co. First pub. Juna 20, 19OO
 NOTICE.