Holbrook argus. (Holbrook, Ariz.) 1900-1913, 1901-05-11
ARTICLES OF INCORPORATION
OF the Eatua Building Association.

associated ourselves together. for the pur-
pose of forming a corr Grafton under the
laws of the territory of Arizona.
l. The names OF the inc operators are;
Homer ], Kendall, of Las Vegas New Mexi-
co. and L. ii. Ryan Jones, Howard b. Ziesie
of Fortuna, Yuma county, Arizona.
IL. The name of the rporation shall be
the etna building ssociation and its prin-
cipal place of business shall be the city of
holbrook, county of Navajo, territory on
III, h. general nature of the business to
be transacted by this corporation is the
accommodating and loaning the funds of its
members and stocb holders and depositors,
and to loan and invest the funds thereof. |
and TO receive deposits of money, to loan,
invest, and collect the same with interest, |
AM to repay depositors or ockloiders t
with or withou interest at such times and |
IN such manner as is provided by the by
laws, and generally to perform and do all !
things necessary and proper for the carrying /
on of such business and for these purposes !
to have, possess and enjoy all the rights |
Dement'S and privileges, and ilnmunities Incl |
dent 10 and given under the laws Of this |
territory TO a corporation of such CHI iracter; |
and shall have ii common seal and otter the !
same at pleasure.
All loans shall be made on adequate securi- !
ty on re or personal property within the |
territory of Arizona or in such other states |
or territories as the coIporatIon. tn rough |
its board of directors, may deem advisable. |
Nv. The amount of capital stock au- /
thori2ed Is one million dollars e! ,0O0HO to |
be issued in shares of hundred (Sl00) |
each. at such tunes and under such condi- |
tions tn board of director" may deter |
mine and shall be paid for in such manner
as the bylaws of this corporation shall
specify.
V. The time of the commencement of this
corporation shall be soon the articles
of incorporation are filed for record in the
Office OF the county recorder of Navajo
county. territory of Arizona, and he provI-
sions OF law of the territory of Arizona re-
latIug to corporations of this character are
complied with and shall terminate twenty
hive years thereafter.
VI. The officers by which the affairs of
the CORPORATION Sl all be conducted shall be
4 board of directors consulting OF three
members. to be elected by the menbei of
the corporation on the fou til Monday in
March, 1891, soon thereafter may be
eNpedient, and Iually thereafter on the
fourth Monday i'll March. and shall hold
their Office one year, or until their success
ors are elected and have qualified. The board
| of directors shall have general supervision
| over the affairs of the corporation, elect all
officers and require of them sue h boud it
may Geem advisable ill all vacancies that
may occur III any office; pa on all loans,
and pc form all acts and things hpperta IL
| ing to the welfare OF the corporation.
There shall be a president, vice president,
/ tire, sIrer, and secretary and General mana
ger who shall be elected by the b ard OF di-
rectors at their annual meeting on the
! fourth Monday in March in each and ev-
cry year, or as soon thereafter may be
pedient and shall hold their Offices until the
| next annual meeting of the board of direct
ors until their successors are elected and
have qualified.
The duties of all officers shall pc defined by
the bylaws and tbs treasurer may be either
an individual or some respOnsibe bank, as
the board of directors may determine.
Two members OF the board of dir sctors
shall constitute a quorum for the tranSisc-
tion of all business of the corporation and
the said board of directors shall have the
power to adjourn its meetings from time TO
time until al business before it shall have
been completed and shall fix the compensa-
ton of all officers, agents or employees.
The following named persons are hereby
appointed directJt of his corporation UNI
til their success ,ors are elected and qualified
lNl., ! Inns E!tar. and
Homer j. Kendall.
VII. The highest amount of Indebtedness
or liability TO which the corporation is to
su ojeet itself shall not exceed the sum OF
, twenty (20) per cent. of all assets of the cor
poration, and the corpoI alton may rrow
money and azree to repay the same with
r inter est, and M rtgage, pledge or hypothe-
I cate its property tor the purpose of securing
It's debts or loans of money made to it.
VIII. ANY person may become member
of this corporation, by purchasing STOCK
: therein and subiectiIIgz himself TO all tbs
rules, regulations and bylaws thereof
TX. The personal property of the mem
bers and st jch h. ders of this corporation
: shall be exempt from any and all corporate
Z dep's Or liabilities OF this corporations; ans
1 the stockholders and members shall d,
exempt from all personal liability for cor
/ porate debts.
x. any person holding one or more share
= of stock i'll this corporation shall be entitled
to one vote for each share of stock SO helC
) and may vote the same III person at any re
gular annual meeting of the stock holder
either i'll person or in such representative
capacity the bylaws may provide; AM
., the board of directors are hereby author
| lied and empowered TO cast the vote of al
l members not personally present at any ant
al st CT holders meetings.
XI. The bylaws of this corporation shal
be adopted at the first meeting of the boar
!, of directors held after the filing OF he arti
, cles of Incorporation, aud may be altered o
ci. anged by a two-thiI ds vote thereof at an
annual or regular meeting, provided how
ever that before any amendment is submit
ted for vote to the board of directors, thirt
T taG) days notice thereof be given TO the sto Il
holders by mailing notice of such propose
change to them at their last known post
office address. bur such change shall no. i
any wise conflict with these articles of in
In witness whereof, we have berennto Sc
our hands AMI seals this 10th day of Decenl
Der, A. D.. 1900
JOHN D. W.VEEDER, [.EALl
ELMER E. VEEDER, [sEALl
HOMER j. KENDALL, lsEALl
l. T. II. RYAN JONES, lSEALl
81 HOWARD b. ZIEeLER, [sEALl
u Territory Of New Mexico, IS.
Be it known that this 26th day
. december A. D., 1850, before me- the under
d signed, notary public in and for the count
e John W. Veeder, Elmer E. Veeder an
1 Homer j. Kendall to me well and PERSONAL
/, known and known to be the persons de
- to the foregoing articles incorporate
- and instrument in writing and to me seyel
Ie ally Acknowledged that each for himself ha
executed the same Tor the uses purpoS'
l, and consideration the Elm set forth.
- In testimony W hereof have he eunto S.
le my hand and official seal this 18th day
RI December 4. D., 1900.
u [sEALl GEO. H. HUNKER,
- Notary Public.
e My commission expires July 1904.
if Territory Gd,fn,2 Of Of AAr ,iza S..
E Be it remembered that on this 28th dc
u of December, 4. D., 1909, before me, the III
dersigned, a notary public in and fer ii
county and territory aforesaid personal
came I. H. Ryan Jones and Howard B. Zei
al Ter, to me well and personally known al
: known to be the persons described in al
d whose names are subscribed to che foregoiI
articles of incorporation and instrument
writing and to me severally acknowledge
that each for himself had executed the san
for the uses, purposes and considerable
| therein set forth
&c In testimony whereof have hereunto s
my hand official seal this 18th day of Decer
ia ber 4. D.. 1900. JOHN DOAN,
tSEALl Notary Public
My commission expires Sept. II, 1901
- Territory of Arizona, county of Navajo-s
"a 1, A. F. McAllister, county recorder in al
s. for the county of Navajo. territory of Al
8 IONA, hereby certify that L have compar
q the foregoing cop with the original articl
4 of incorporation, filed and recorded in 1