Arizona republican., 1901-04-19


 forth in these articles.
 Fourth. That the amount of the cap ital stock authorized is Five Hundred Thousand (s60O.000) Dollars. and the number of shares into which 1t Is di- vided is Five Hundred Thousand (5O0.- 000) shares of the par value of one 01.00) dollar each, the value of which stock Is to be paid In cash or upon such installments as the directors may pro- vide. or In real and personal property, contracts. agreements, labor, machln- cry. merchandise or materials, in the discretion of the Board of Dlrnc'os. upon the issue and delivery of laid stock, from time to time. Preferred shares of stock may to ..sued upon srch terms and con6it. Jns as may be provided in the by-laws.
 Fifth. That the time of the com mencement of said corporation is the sixth day of April, nineteen hundred and one NJ0D. and the time of it's termination is the sixth day of April, nineteen hundred and Flfty-one Q951).
 Sixth. That the persons or officers | authorized to conduct, manage and control the busin-ss and affairs of said corporation sSal consist of the stock holders holG.ns two thirds in amount or the outstanding stock of the corpo- ration. and Board of Directors com posed of such number of members to be chosen by the stockholders, as may be provided in the bylaws of the cor poratlon. The original bylaws shall be adopted by the vote or signature of the stockholders holding two-thirds of the subscribed stock. Any resolution | adopted by the holder of two-thirds in amount of the outstanding stock whether adopted by vote or signature of such shareholders without a meeting ! shall absolutely control the affairs of the corporation. and the tenure of of fee of its directors ard officers. so far as indicated in such resolution. The Board of Directors shall have the man. agement and control of the affairs of the corporation, subject to such reso- | lutions or votes, of the stockholders. The names of the persons appointed to | serve as directors until their successors are elected are Wm. H. Dick, D. Oliver. Jr, c. J. Sweeney, J. N. Barstow, A. D. Taylor. w. L. Temple and C. M. Eccles.
 i The Directors will elect from their number President and Vice Preside nt, and may elect a Managing Director they will also elect Secretary and | such other officers as they may require. none of whom need be Directors. and may confer on such officers such DOW , CTS as the said Board may deem best. Seventh. That the highest amount of [ indebtedness to which the corporation , Is at any time to subject itself is Thre Q Hundred Thousand $500 0OO.OO) Dollars.
 Eighth. That the private property of each and every officer and stockholder of this corporation is to b4 exempt from all corporate debts and liabilities. and rom execution on any and all claims against this corporation: and no claim or demand against this corporation shall constitute a claim or demand against the stockholders thereof to any extent. No assessment shall be made ! upon any stockholder except for calls upon unpaid subscriptions to stock In Witness Whereof we have here unto set our hands this sixthDday O: April. A. D. 1901.
 ! J. N. SHERBURNE.
 w. A. BRACE.
 C. J. SWEENEY.
 GEO. K. ROGERS.
 w. L. TEMPLE.
 GEO. w. LUNT.
 VIM. H. DICK
 C. G. BENEDICT.
 J. N. BARSTOw.
 J. G. FOSTER MOALE
 CLOUDY MORNING ECCLES.
 A. n. TAYLOR.
 C. P. GRISWOLD. | D. OLIVER. JR.
 State of California, city and county of
 San Francisco, ss.
 On this eighth day of April in the year one thousand nine hundred and | one, before me. Harry J. Lask. a mo- tary public in and for the said city and county, residing therein, duly commits stoned and sworn personally appeared J. N. Sherburne. Cloudy Morning Ec- cles. A. D. Taylor. Geo. K. Rogers D. Oliver. Jr., Geo. w. Lunt, w. A. Brace. Wm. H. Dick. C J. Sweeney, C. G. Ben edict, C. P. Griswold, J. N. Barstow, | w. l.. Temple and J. G. Foster Moale, known to me to be the persons describ- and who executed the within and an- nexed instrument, and they duly ac- knowledged that they executed the ! same for the purposes and considera- | tions therein expressed.
 In witness whereof I have hereunto set my hand and affixed my official seal