Arizona republican., 1901-05-02

Third: That the principal place o
 business of said corporation shall be d
 Phoenix. Maricopa county, Territory o
 Arizona. and the places out. side of said territory where fl
 may keep branch offices ana
 transact Its business and conduct
 It's affairs shall be at Bedding. count,
 of Shasta. state of California. and such
 other place or places as shall be deter.
 mined by its stockholders, from time
 to time. or It's directors. as it's business
 may be deemed to require. the same as if specifically st1ted in these articles.
 Topr'h. raal the amount of capital
 strtk of said corporation shall be three
 hundred thousand dollars $500 O00) and the number Of shares into which it Is divided shall be three hundred thous- and (so0.00o) shares. of the par value of one dollar each; the value of which stock Is to be paid In cash or upon such installments as the directors may pro- vide, or in real or personal property trade, labor, merchandise or materials in the discretion of the board of direct ors: and preferred shares of stock may be issued. upon such terms and condi- tions as may be provided in the by- laws.
 Fifth: That the time of the com mencement of the existence of this cor porat!on shall be the l6th day of March, A. D., 1901, and the time of its termina- ton shall the 18th day of March, A. D. 1926.
 Sixth: That the persons or officers authorized to conduct or control the business and affairs of said corporation shall be the stockholders holding two thirds in amount of the outstanding stock of the corporation. and the board Of directors composed of such number of members, to be chosen by the stock- holders. as may be provided in the by laws of the corporation. The original bylaws shall be adopted by the vote or signature ot stockholders holding two- thirds of the subscribed stock, and any resolution adopted by the holders of thirds in amount of the outstand- ing stock, whether adopted by vote or signature of such stockholders, with out or in a meeting, shall absolutely control the affairs of the corporation and the tenure of office of its directors and officers, so far as indicated in such resolution; and the board of directors shall have the management and control of the affairs of the corporation, sub- 5ect to any resolution or vote of the stockholders. The names of the per- sons appointed to serve as directors until their successors are elected are: are.
 M. P. Rose. holding ten shares T. J. Houston. ...... holding ten shares J. H. Hunter..., holding ten shares J. Browning. ... holding ten shares D. B. Nathan. holding ten shares M. T. Kite. holding ten shares Edgar Firth. holding ten shares
 The directors will elect from their number president. first vice-presi- dent. second vice-president. and may also elect a managing director: they will also elect secretary and such oth- CT officers as may be provided for in the bylaws of tie corporation. or as may be required to conduct the busi- ness of the corporation, none of whom need be directors; and may confer uron such officers such powers as the said board of directors may deem best.
 Seventh That the highest amount of indebtedpess to which the corpora ton is at any time to subject Itself shall be fifty thousand dollars (s50, ,000).
 Eighth: That tie private property of each and every officer and stock holder of this corporation is to be exempt and every officer and stockholder of this corporation debts and liabilities. and from execu- Ii3n roon any and all claims against Iris corporation. No asscssr,en5 shal. Lc made upon any stock!iolier. exce.t Ter calls for unpaid subscriptions to stock.
 In witness whereof we have hereunto set our hands this 18th day of March, A, D. 1901