Holbrook argus., 1901-05-04
ARTICLES OF MGoge29 ssl :
OF the Eatna ssii..s,is..sx .AssoeistiQa.

80 - 'T'@+
Know. all lne1l % a5sse - e5sslts, Tia oyss
the undersisslsS. q /: se = Is si1y vcss;. y 81
pose OF foI-EFs~=s.@ cs5ri Oh "a i2E- ss5zr, he
laws Ct the terstS5ry -of Af5z5,3is. -
Ii me i, Rames u tue ne {yis.zssoaz aare
TONER J Kendall OF Las ess:s -. lasxi-
co. and T. II. hyan Jones, Hos t.ssz1~ ..ieis Ter
OF Fortuna, Yuma county \ III
II. The name u the iporatipn shall lie
the tetua luiiaing association and it, priIi-
eipai place ct business hail be the city OF
iipi6roo1, county OF Navajo, territory
Ar;2ouu.
M, h. general nature of the business. TO
be transacted By this continuation is HE
accommodating and louniug the funds of its
members AID stoc holders AMI depositos's,
4 and t. iohi, an:l invest the funds tne; cot,
t2n4 to retejva deposits of IDouey. to loan.
invest, aud collie tie same with interest,
an 10 repay depositors or stoct ho!JeTS
with o. Wa fDdt interest at SIT h times aud
IN su' rlaiiner as Is provided by the by
! laws, and generally to perform and do nj
Things necessary and proper tor the carry ing
Oh % sush business aud Tor the-e purposes
to have, possess and enjoy ali the right,
eeiie ats ami privileges. and iInTnuuiteS incl
/ deltt to md E'XaD un;:er the laws OF this
territory to a corporation ot SUCH clI Iracter;
and shHii have "a couhIncn seal and alter the
same at pleasure.
All loans shat! he made on adequate securi-
y on re | OF perso al property within the
tes ritOry Of Ari3ona or III -uch other states
o. tercitor. es as tie Coz poratIon til ough
its Board OF directors. iilty deem advisable.
~. The amount 0t e capital stock
thOrlZed IS one million dollars (Si ,UUUU,0 to
be issued in shares of one hundred $50
each. ut slich times and under such condi-
tlohs as til board OF director may deter
mine ana snail De paid Tor in such manner
as the laws OF Ibis corporation shall
specify.
/ v The time of the commencement of this
! corporation shat! lie > Us the articles
Of incorporation are u!ed for record in the
ONCE OF the county recorder of Navajo
county, territory OF arizona. ami the proyi-
siors OF law or the Terri Org OF Ari2oua re-
I latiiig to COMPETITIONS OF dds chilrncter are
complied with and hail terminate twenty
tive ears thar, after.
VI. The officers by which the affairs Of
the corporation sh IL lie condus ted shall lie
Il burd OF dire, tors cunsi ting OF three
Irenlbe4 :. to lie elected 10y the Iueinbe OF
the corporation On the tou tn Monday in
ihGrch, ISDi, or as soon thereafter rs may be
{ e%peoIeEt, and an lll!ly the eater the
io"f'h iions ay III 'arch, ant shall hoid
til II once one Year o. until their success
ors are elected anu have qualified. The board
OF uirecto ; snail pave general supervision
over the affairs OF ths go 'poratiou, elect all
officers ana require Ot them SUI h hoiid as it
may deem advisable, NJ uil vacancies that
may occur IN any Office; pa on all loans.
make all s.I'pointInen ana genneraily to do
ana pc form oil acts anu things .pperta IL
Ing to the We!taie ofsthe corporation.
There shall he Il president vice president
i ire :rer, aud secretary ami general man;-
er who shall be elected by the b. ard OF Ci-
rectors Ut their annual meeting on the
fourth Monnay in AlasCh, in each and ev-
cry year. soon tlefFuftei' as may he ex-
DtdleItt AID shall h Diu III eir O1i until the
next annual meeting OF the bonsTi of direct
ors OF until their steccs ors are elected and
have q,.a.ineG.
The duties Of al! officers shall De defined by
r the bylaws and tlae treasurer may he either
;tn indNtoua! o. some resGQpsit>e iittn4t, Is
Tie D0aro OF directors may determine.
, Two menu ers or she bosri OF dIr sctors
shall csIlstlcNte {, qIO.;I T1 FOR the tians.sc-
the said board OF directors hall have lie
; power - adjourn is MEETINGS 1. ON time n
time until 81 business before it shall have
: been coAJ.et ed AND shall TX the co-npeiisu-
/ OF IA! Osa2EGi's, u..ghIit, GI..illANeS.
The follow ing NAMED persons are hereby
nppoiuted diIact,' > Of has corpo r~tion ui,-
IL their success ors are elected and qualified
5 Jnifi4 D.. ". Veeder, Eii;ie. Il. Needer ana
Homer J. ke,sai.
= VII fhe highest amount of Indebtedness.
or i;anilifs % Nh-eh the corporation = e
] sd0jeet user shall NOT exceed the sum Ct
twenty go per cent. oi all assets of the cor
7 porttIo'i ans the ccTpo alton may ID rroN
money and ussree to repay he same witt
| inc est. and M .rTgdise, pledge or hJpothc
cate its property io. The purpose OF saturil:
2 ils ticuts CT ioiuis If money ,lt,De TO it.
WIZ ANY person may kecOme q nen;bel
g OF this cori'ora>iop IL, pure hi.siG:y ,atori
therein and s'tbiectinS himself 70 ali TIL
: rules regulations aud bylaws thereof.
Il. The personal property OF the mem
shall he exempt from any anu all ccrporat
7 deb o Liabilities OF this corporation; an.
= the stockholders ana me nbrrs shall II
i exempt from al personal liability tor cor
+ K. my person boiling one or more <ha, e
OF sto Il in .l!s corro rgt ION shall lie eIititle.
5 to vote foc each hare OF stock bel
and may vote the same IL per on at any re
guar o. ;.nl1a meeting 81 the stoel Ii 1ie'er
either i: person o. IL, such represeutHtiv
ga. -it y Is the bylaws may provide; am
the board OF oirc,t:.rs are II rely author
les i.-lG CmFCN cred - raSt the vote of al
Y me u!sers Iiog persona Is present at any an
al st e holders meet .i-sa.
L. Al. ii.s i's-isls Of IBIS corporation sha
= be adopted III tire FRS: meeting Of t4:e boar
Il OF ii .:a.i n Ger the filing OF he art
cle5 ofincorporaton, aud may be altered O
ci G1.ce1 by II tye-t iii as vote thereo; at al
anIi,... -. riga, ,F reetin.s. proyioed how
q ever, that beio e GnY amendment is submit
ted to4' vote u the board of directors thirt
q fle) days notice thereof be given to he st !:
holders by mailing tice OF su propose
change to then. AZ th.ir LIST H. own post
> Office address, hEIt stI,li change shall no !
s any vie conE-.ct with these articles of il
corporation.
q J. Il witness whereof. We have horennto 81
our hands an seals this Zjsh da! CT i,c-en
Der, n. D., 1909.