The Coconino sun., 1901-01-12

porstion shall be the date of the filing of those Articles of Incorporation for record in the ofice of the County Recorder of CocOnino county, Territory Of Arizona, and the period for which it is organized and the termination thereof shall be twenty-five (26) years after the date of said filing, unless the same be re- newed pursuant to the laws of Arizona before the termination thereof.
 ARTICLE VII
 Ths affairs of this corporation shall be con- ducted and managed by Board of nine (o) Directors, all of whom shall be stockholders of this corporation, and the first Board of Di- rectors shall be elected at the first meeting of the stockholders held for the purpose of or gauizing this corporation after the filing of these Articles Of Incorporation and the said first Board Of Directors so elected shall hold Cdlce until their successors shall be elected at tho nrsU ascial meeting of this corporation held upon the dase in these articles provided.
 ARTICLE VIII.
 The officers of this corporation shall be . President, vics President, Secretary, Q Treasurer, and su,.h other officers and agents as the Board of Directors may deem necessary for the proper tras saction of It's business and may provide for. The President and Vice. President of this corporation shall be mem- bers of it's Board of Directors. All officers of
 
 of Directors, Immediately after the annual election ct which each Board c. Directors shall be elected. Any vacancy in the Board of Di- rectors may be filled by the electioc of Di- rector to f1ll such vacancy by the remaining members of the Board of Directors; an oficers elected by the Board of Directors shall hold once at the will and pleasure of the sIid Di- rectors, and any vacancy in any Ofice nay be filled by the Board of Directors.
 ARTICLE TX.
 The regular annual meeting of the stock holders of this corporation shall be he'd on the first Tuesday after the first Monda, in Octo- Der of each year, at which time . Board of Directors shall be elected to servG for the en- suing year, and any and all othe. business of the corporation coming before said stockhold- CTS meeting may be considered and acted upon.
 ARTICLE X.
 This corporation shall have an onice for the transaction of its business in the City of Los Angeles, County of Los Angeles. State of Cali f0rnta, and its Board of Directors may meet and transact the business of said corporation at it's said offce in the said City of Los An geles.
 ARTICLE XI
 The Board of Directors of this corporation shall have the power to establish bylaws, and make all rules and regulations deemed neces- sary or expedient for the management of the business and affairs of this corporation and for the control of the officers thereof, not incon- sistent with the law and these Articles of In- corporation.
 ARTICLE XII
 The highest amount of indebtedness or lia- bility, direct or contingent, for which this cor poratfon shall at any time be liable, shall not exceed Twenty-Five Thousand Dollars (e25,- 000O0)
 .- ARTICLE XIII
 The private property of the stockholders of this corporation shall be exempt from all cor pOrate debts and liabilities of every kind; and the stockholders of this corporation are here by exempted from all liability for any of the debts or liabilities of this corporation. ARTICLE XIV. 1 The Board of Directors shall have the power to dispose of all the property of this corpora tiou whenever authorized to do so by at least three-fourths Of the capital stock outstanding voted at some regular or special meeting of the stockholders; but no such action shall be taken unless thirty days notice in writing is given by mail to each stockholder calling such meeting and stating the business to be trausacted thereat This Article is not to be construed as limiting the authority of the Board of Directors to sell and dispose of any puft Oi tue prOPcrty Oi tnts cOrpOrbJiOn III the regular course of business less than the whole thereof whenever in tbeir judgement it may be deemed best to do so, nor shall 1t limit the power of said Board of directors to iucumber. lease or otherwise handle any of the property of this corporation in the regular course of business; and the Board of Directors shall have power to borrow money and acquire property for this corporation and execute corporate notes or bonds of the corporation therefor, and to secure the payment. of the same by mortgage on the property of the corporation, or in any other manner designated by law, or by the Bylaws of the corporation, and to do and perform all acts. necessary in managing and carrying on the business of the corpora tion
 ARTICLE XIV.
 The capital stock of this corporation shall be forever non -asSessable. and each certificate thAreof shalES state nnnn ifs face fhe number of