The Arizona sentinel., 1901-04-03

ritOry of Arizona, with a chlet Dr2Acn once III the City of Los Angeles, County of Los Angeles, and State of California and other offices at such places as the board of directors may establish elsewhere.
 The amount of the capital stock of this corpo ration shall be Twenty-Five Thousand (sSS,O0O) Dollars, divided into two hundred and fifty C250) shares of the par value of One Hundred (siOO.OO) Dollars each; and the time when and the condi- tions upon which it Is to be paid are as follows The whole par value thereof shall be paid i'm mediately upon making the subscription there for and the same shall also be deemed fully paid up when used as provided in subdivision II. hereof in purchasing or acquiring any Of the aforesaid property; and the said stock shall be issued as fully paid up, and shall be non-assess- able thereafter; and no personal liability shall be attached to the holders Of said stock. The amount of the par value Of each share of the capital stock of this corporation shall be One Hundred (S100OO) Dollars. The highest amount of indebtedness or liabil- ity direct or contingent, to which this corpora ton is ct any time to be subjected or to subject itself is the sum Of Fifteen Thousand (s15,cOO0O) ! Dollars. IF | The stockholders of this corporation and their private property shall be exempt from any lia- bility for the corporate debts of this corpora l tion.
 The affairs and business of this corporation are to be and shall be conducted by the Board of Di- rectors consisting of five () persons who shall be elected annually by the stockholders thereof, at such time and in such manner shall be pre- scribed by the Bylaws of this corporation, and all of whom shall be stockholders or subscribers to the capital stock thereof.
 The following named persons who are sub scrberS to the capital stock of this corporation shall constitute the Board of Directors of this corporation until the first Tuesday in March | 1902, and until their successors, duly qualified l shall be elected or appointed. Alphonso B. Smith, William s. Twogood, | Erven E. Busby, | Sidney Adler, Francis E. King.
 If any Director shall at any time cease to be Q 1 stoclholder he shall also cease to be such di- rector.
 Vacancies in the Board of Directors shall be filled by appointment made by the unanimous vote of the remaining members of the Board.
 Immediately, or as soon as practicable after the filing of these Articles in the office of the County Recorder of the County of Yuma, the persons hereinbefore named as Directors to serve until the first Tuesday in March, 1902 shall meet and organize Board of Directors adopt Bylaws and prescribe in said Bylaws the method of calling the meetings of the Board of | Directors or stockholders.
 Not less than three members of the Board of Directors shall constitute quorum of said Board for the transaction of business.
 The Board of Directors of this corporation shall have power to establish bylaws and make all rules and regulations deemed expcGient for the management of the business and affairs Of this corporation, and the control of the officers thereof and to appoint all experts, engineers, attorneys and other persons or employees to act as agents or representatives of this company, residing in the United States or in other coun- tries and to fix their salaries, and also to exer- else any and all other powers ncedful or neceS- sary to conduct or carry on the business affairs of said corporation in all it's branches.
 Said Board of Directors and the stockholders thereof shall have power and authority to hold their meetings either at the principal office and place of business of said company, at the Vil- lage of Yuma aforesaid, or at the chief branch office in the City of Los Angeles, California, or at the branch office ia the City Of Chicago, Hi noiS, or at the ether of scs of tho co10Eany, established by crGcr of said directors aS herein before stated, and all such meetings and all proceedings taken or had thcreat by said Board or by any such StocIsholGers' meeting held without the Territcly of Arizona, shall have the same force, validity and effect as if held therein.
 In witness whereof, we have hercunto set our hands and seals this, the First day of March, A. D. 1901.
 ERvEN F. BUSBY, (SeaD
 WILLIAM s. TwoGOoD, CSeaD
 ALPHoNso B. SMITH. (SeaD State of Illinois
 County of Cook,
 I. Harry k. Luther, a Notary Public, in and for the county and state aforesaid do hereby certify that William S. Twogood and Erven E. , BuSDy, who are known to me to De tle SaHe persons whose names are subscribed to the fore going instrument, appeared before me this day in person and acknowledged that they signed, sealed and delivered the said instrument as their free and voluntary act for the uses and purposes therein set forth.
 Given under my hand and notarial seal this , sixth day of March A. D. 1901.
 HARRY R. LUTHER,
 ISeail Notary Public. STATE OF CALIFORNIA. .c 3 COUNTY OF Los ANGELES, l
 On this 11th day of March, in the year Ono