Holbrook argus., 1901-04-20
ARTICLES OF INCORPORATION
OF the Eatua Building Association


pose OF forming cor oiution under the
laws OF the ter ri5ofy OF Arizona.
John u, ". Yeeder, Elmer T. Veeder and
homer j. hendail, oil Las egas New MeXi |
co. and |. ii. Ryan Jones, Howard b. Liesier, !
OF Fortuna, una county, Arizona.
IL The name Of the corporation shall be /
the Aetlla Building osSociatlou and its priu J
yIpnl place OF business shall be the elty OF
hoibrOoK, county of Navajo, territory or
Arizona.
III, he generpl nature of the business to
be transacted by this corpor alton is the |
accommodating ana loanins the funds of its
lnembers aud stoc holders AMI depoSitors, /
ana to and invest the funds tneI eot. /
ic1Id to receive deposits q money, to loan,
invest AID collect the same with interest, !
ami TO repay Cepositors or stoc4 holders
with or without iIi,e crest at such times and
in SUI mannets as is provided by the by
laws, and generally to perform and 40 all
things necessary and proper foi the carrying
on oil su,h business aud Tor these purposes
10 have, possess and enjoy all the rights,
dement's and privileges, and immunltieS Incl
dent 10 and gwen -under the laws of this
territory TO corporation OF SUI b ch ,raeter;
and shall have common seal and after the
same at pleasure.
All loans shall be made on adequate securi-
ty on re 1 o. personal property within the
territory of Arizona or III such other states
or territories as the co poratIon. til ough
its Board of directors, may deem advisable.
~. The amount OF capital stock au-
thoriZed IS one million dollars (Sl,UUU,O 0 TO
lie issued i'll shares of one humid ed ($lU0l
each, ao such tines AMI under such coudI-
tions L. til board of director" may deter
mine and shall be paid Tor i'll such -InaIiner
as the bylaws vi tbs corporation shall
specify.
v. The time of the commencement of this
corporation SHAH lie as soon as the ARTICLES
OF inco, poratIOn are lied for record III the
oTiiee OF the county recorder or Navajo
county, teri itory of arizona, and the proVl-
sions OF law of the territory of Arizona re-
lGting to corporations OF this Character are
complied with; and shall terminate twenty
1--we ears thereafter.
VI. The orncers by which the affairs of
the corporation shall be conducted shall be
q bUurd OF directors cOuSI ting OF three
members. to be eleeJed by the luenlbe. : Cl
the corporation on the fou TN Mouday in
A4arch, isOi, or as soon thereafter II:ay lie
expedlent, and an lauily thereafter the
fourth monday i'll arch and shall ho.d
their Office one year, OF until their success
Ors are elected and have qualified. The board
of director shall have general supervision
over the affairs of the CO. poration, eject all
officers and require of them such DoLd as il
may deem advisable, ill all vacancies that
may occur i'll any ONCE; pa all iOuns.
make all appcintmen and genneraiiy to do
and pc form all dcts and things .pperta IL
lug to the welIai e or the corporation.
There shall be d president, vice president,
treasurer, and secretary and . ene1al mana
ger who shall be elected by the b ard OF di-
rectors at their annual meeting on the
fourth Monday I'D Alarch, III each and ev-
cry year, or as soon he eeafter may be ex-
pedient and shall hold ghsis Q Hes until the
next annual me etIuE OF the board or direct
orS or until their successors are elected and
have qualified.
The duties OF all officers hall De defined by
the bylaws and the treasurer may lie either
an individual or some respousiD e bank, as
the board OF directors may determine.
Two members or the boari OF dir sctors
shall constitute u quorum Tor the transact
ton of all business of the corpot alton and
the said board of directors sbaN have he
power TO adjourn its meetings II ON time TO
time until al business before it shall have
been completed and shall Tx the compensa-
ton OF all oIlcers. agents or employees.
I he following named peF-Cus are hereby
appointed dlre.tJ4S OF this corporation um-
til their success -ors are elected and qualified ::
ID VeRfiRr Il aJav nd
Homer j. kendall.
Vii. The highest amount of Indebtedness
or liability to " hieh The corporation is to
su oiert Itself shall not exceed the sum of
twenty (zOJ per cent. of all asSetS OF the COR
poration, and the corpoi alton may rrow
money ana asIee TO repay / he same with
Interest, and m ItSage, pledge or hypothe-
cate its property Tor The purpose of securing
its debts or loans of money TnHGe to it.
VIII. ANY person may become a member
OF this corporation by pure hasing stock
therein and subiecting himself to ali the
rules, regulations and bylaws thereof.
- LIZ 1he-PersOnal property OF the mem
bers and stockholders of this COZ poration
shall he exempt from any and all corporate
deb's o. liabilities OF this corporation; and
the stockholders and members shall be
exempt from all personal liability tor cor
porate debts.
Y. any person holding one or more shares
OF stock IN his corporation shall be entitled
to one vote Tor each share of stock so held
and may vote the same in person at any re-
Rular or annual meeting OF the Stoch holders
either in person or IL. such representative
the board of directors are hereby author
led and empow cred to cast the vote OF all
members not personally present at any and
al st c. holders meet ugs.
XII. The bylaws of this corporation shall
be adopted at the trst meeting OF the board
OF directors held after the filing of he arti-
cies OF Incorporation, and may be altered OF
cl anged by u two-thiTds vote thereon at any
annual or regulnr meeting, provided how
ever that BEFORE any amendment is submit.
ted for vote to the board or directors thirty
GS0l days notice thereof be given to the sto X.
m limo tim = $50
ohange to them at their last known post
Office address. bus such change shall no; il
any wise conflict with these articles of i'll
corporation.
In witness whereof we have herennto sci
our hands AMI seals this 10th day of Lecem
JoHN D. W. weber, EsEALJ
ELMER E. YEEDER, fsEALl
HOMER j. KENDALL, sEALI
!. ;. RYAN JONES, [sEALl
How AHD b. ZIsGLER, SEAL
Territory O1 New Mexico,
County of San Miguel S.
Be it known that on this 25th day o
Iiecember A. H. 1870 before me the under
and territory aforesaid personally camt
John d W. Veed.r, Elmer E. Veeder anC
A2mer j. Kendall to me well and PERSONAL!
kno%B and known to be the persons de
scrined in and whose names are subscribed
TO the foregoing ticles incorporation
and Instrument in writing and to me sever
ally acknOwle iged that ca for himself hat
executed the same Tor the uses; purpose
and consideration the Elm set forth
In testimony whereof L have he e!lnto Sc
my hand and otficial seal this Goth day O
Deem Der, a. D., 1900.
l5EALl CSC. H. bunker
Notary Public.
~ My commission expires July 1901.
Territory of Arizona
County Of Yuma, ! s.
be 1t remembered that on this 18th da,
OF December, :. D., 1907, before me- the un
derslgned, a notary public in and ter tn
county aud tie ,ritory aforesaid PERSONAL,
came L. ii. Ryan Jones ana Howard B. Ziess
Ter. to me well and personally known an,
known to be the persons de cTibed in an,
whose names are subscribed t. the foregoin,
arilc!eS of incorporation and instrument il
writing and TO me severaily acknowledge.
that each for himself had executed the sam
Tor the uses, purposes and consideration
therein set forth
n testimony whereof have hereunto Sc
my hand Official seal this 18th day OF becenl
Der, A. D., 1900. JOHN DoAN
lsEALI Notary Public.
- NY commission expires Sept. u, 1901 n
territory of RI rOna county of Navajo
L, A. F. McAlister, county recorder in am
for the county of Nav 10 territory of ri
iona, hereb by certify that 1 h ave compare
III foregoing cop with the original article
of incorporation, Fl ed aud recorded in m
odice on the I'D day of January A. D.. 1901
at y O'Clock a. M. in Vol. l. of articl - of in
corporation az pages A . IS 40, % and 81 an
that the same is full, true and co rect ccp
or such original and of the VIII Die thereof
In witness whereof h i've sreuuto set m
haiId and al OF Odiee this I'D day or Jau