The Arizona sentinel., 1900-08-29

fornia. And the name Of the corporation shall be and is sacramento Land Company"
 Article II. The general nature of the busi- ness to be transacted by this corporation, and the purposes for which it is organized, are to buy, own, lease, hold, improve; mortgage, manage, cultivate and sell land and real estate and interests therein in the Territory of Arizona and elsewhere; to borrow and lend money and to give and take security for loans; to insure property; to collect rents; to act as agents of others in leasing mortgaging, rent ing, purchasing, improving and selling real estate, ditChes, canals and other property; to purchase, hold, own, sell, and hypothecate stocks and bonds of other corporations; and to do all other things necessary or incidental to the successful carrying on of any of the pur- poses and objects above named.
 Article III. The amount of the capital stock of this corporation shall be twenty-five thou sand dollars C$25 ,OO0.00) divided into two hun dred and fifty (25O) 'hares of the par value of one hundred collars ($1OO) each, and certifi- cates the cefOr shall be issued payable by sub scription and purchase, or for property con veyed or assigned to the corporation, or for services rendered the corporation as may be approved or ordered by the bylaws or by olutiOn of the Board of Directors.
 Article ". The corporate existence of this company shall commence on the day of the filing of these articles Of incorporation in the office of the county recorder of the county of Yuma in the Territory of Arizona, and shall continue for period of twenty-five (25 years
 Article V. Said corporation shall not be
 indebted at any one time in a higher or greater sum than twenty-five thousand dol lars ($25OOO.OU).
 Article VI. The corporate powers of said corpOI ation and the conduct of the affairs and business thereof shall be vested in a board of three directors, one of whom shall be presi- dent and one vice-president. The first Board of Directors shall consist of D. A. Lindley, Leila L. Wetherbee and Hele n Lindiey, who shall hold office until the first annual meeting O1 stockholders and until their successors are elected and qualified. The regular annual meeting of stockholders for the election of di- rectOrs and other business shall be held on the last Thursday in March in each year at Pa lOmes, Yuma county, Arizona. The Board of directors must elect a president, vice-presi- dent, treasurer and d secretary; but until the first annual election of directors the off cers of this corporation shall be: President, D. A. Lindley; vice-president, Leila Wether- bee; secretary, Mary L. Hunt. All the direc tors must be stockholders of the corporation in orc CT to be eligible to election, and if di- rector shall cease to be a stOckholder his office may be declared vacant by the Board of Di- rcetOrs
 Article VII. The private property of tue stockholders and officers of this corporation shall be exempt from all liability for debts of the corporation.
 Article VIII. The Board of Directors of this corporation shall have power to establish, make, amend, change and repeal bylaws sub- ject to the approval of the holders of major ity of the capital stock, and to make rules and regulations for the conduct and management of the corporate business and affairs not in consistent with the statutes or laws ot Arizona Territory. They snail have power to levy as- upon the capital stock for the pur- pose of paying indebtedness or carrying on the business of the incorporation, and all such as- sessments shall constitute liens upon the stock and such liens shall be enforced or fOreclosed as may be prescribed in the bylaws.
 In witness whereof we hereunto set our hands and seals this 4th day of June, A. D. 1900.
 (Seall D. A. LINDLEY,
 ISeall LEILA L. WETHERBEE,
 [Seall HELEN LINDLEY