Arizona republican., 1901-04-26

may be deemed to require same, as Is specifically set forth in these articles. Fourth: That the amount of capital stock authorized is three hundred thousand dollars ($300, ,00000). and the number of shares into which it is to be divided are three hundred thousand (S00, ,O00), of a par value of one dollar (sl.O0) each the value of which stock is. to be paid in cash or upon install ments as the directors may provide. or in real or personal property, contracts, agreements, leases, ma chinery. machines or materials. h the discretion of the board of directors, upon the issue and delivo"r of said stock from time to time. Pc ferred shares of stock may h- 70 .eI upon such terms and condit'0~' as nay be provided in the by-lP"r That the time of commencement o' i.e said cor poraton is the tw0' y-fifth day of March. nineteen hv1 red and one Q90I, and the time cr termination of said | corporation Is the twenty-fifth day of March A. n nineteen hundred twenty six Q92G) [
 sixth: That the persons or officers authorized to transact. manage and control the husln"ss and affairs of said corporation shall consist of the stock holders holding a majority in the amount of outstanding stock of the cor | poration, and a board of directors com- posed of such a number of members as may be chosen by the stockholders at such time and in such manner as may be provided in the bylaws of the corporation. The original bylaws shall be adopted by the vote or signature of stockholders holding a majority of the l subscribed stock Any resolution adopt | ed by the holders of a majority in amount of the outstanding stock, whether adopted by vote or signature of such holders without a meeting. shall absolutely control the affairs of | this corporation and the tenure of the l officers or it's directors and offices so ! far as indicated in such resolution. The board of directors shall have the man | agement and control of the corpora ! tion. subject to such resolution or vote | of the stockholders. The names of the persons appointed to serve as directors until their successors are elected are David T. Ham. Latah. Spokane county. | W W Noolts pdh- ersaeld Kern county, California :: Llewellyn H. Bartlett, Boston, Suffolk county, Massachusetts: Loring B. Doe, city and county of San Francisco. Cali fornia. and Fred H. Hanson. Bakers field. Kern county. California. The board of directors will elect from among their members a president and vice president. and may elect a manag- ing director, secretary and such other officers as they may require, none of whom need be directors. and may con- fer on such officers such powers as the board may deem best.
 Seventh: That the highest amount of indebtedness to which the corpora . ton is to at any time subject itself is fifteen thousand dollars (s15.000. .00).
 Eighth: That the private property of each and every officer and stock holder of this corporation is to be exempt from all corporation debts and liabilities and from 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 there of to any extent. No assessment can be made upon any stockholder except for calls upon unpaid subscriptions to stock.
 In witness whereof We have hereuntc set our hands this of the 23rd day oi
 March, A. D. 1901.
 Witnessed by
 LLEWELLYN H. BARTLETT. (SeaD WILLIAM B. MOORE. (Sea) | FRED H. HANSON. tSeal) THOMAS F. ALLEN (Sea) CHARLES F. RIGNEY. (SeaD State Of California, County of Kern, ss
 On this 23rd day of March, in the year one thousand nine hundred one
 before me. s. C. Smith. a notary pub lie in and for said Kern county, duly
 commissioned and qualified, personally appears Llewellyn H. Bartlett, William
 B. Moore, Fred IT. Hanson, Thomas F
 Allen and Charles F.. Rigney, known to me to be the persons whose names are subscribed to the within instrument
 and acknowledged that they executed the same.
 In witness whereof l have hereunto set my hand and affixed by official seal
 at my office. the day and year in thl! certificate first above written.
 (SeaD S. C. SMITH,
 Notary Public in and for the Coun.
 ty of Kern, State of California.
 Ten ct. l. R. stamp. cancelled.
 Territory of Arizona, County of Mari. ] copa. ss.
 } I. B. F, McFall. county recorder 1T
 and for the county and territory afore
 said. hereby certify that I have com , pared the foregoing copy with the orig inal articles of incorporation filed ant recorded in my office on the 26th day of March, 1901, in book No. of articles of incorporation, at page --, and tha the same Is a full, true and correc } copy of such original and of the whol, thereof.
 Witness my hand and seal of offic, this 26th day of March, 1901.
 (SeaD B. F. McFALL,f County Recorder. ' By A. s. Arthur. Deputy.
 , Ten ct. l. R. stamp. cancelled. , Filed in the office of the secretary o the territory of Arizona this 26th da. , of March, A. D. 1901. at p. m. c. H. AYERS, Secretary of Arizona