Arizona republican., 1902-11-19

into Five Hundred Thousand (5OD OOO) shares, of the par value of one Dollar ($LOO) each. fully paid up and forever non -assessable.
 ARTICLE V.
 The time of the commencement Of this corporation shall be the date Of the filing of these Articles of Incorpo- ration in the office of the Secretary of Arizona, and the termination thereof shall be twenty-five years thereafter.
 ARTICLE VI.
 The affairs of this corporation shall be conducted by Board of seven CD Directors, who shall be elected annu- ally by the stockholders of the corpora ton: but the members of said Board of Directors for the first year shall be chosen by said incorporators or their July appointed proxies at a meeting to he held at said City of Mexico after the completion of this incorporation. and such members so chosen shall con tlnue to act until their successors shall be duly elected at the first annual meeting Of stockholders, to be held on the first Monday O. December, 1903 The annual meeting Of the stockholders for the election Of Directors, and other lawful purposes, shall be held on the first Monday of December. beginning in the year 1909, and of each year there after. The term of office of Directors shall be one year and until their sue cessors are duly elected. Any Director or officer of the corporation may resign his office by filing with the Secretary Of the company a notice of such resigna- ton. All vacancies in the office of Di- rector shall be filled by appointment made by vote of majority oi the re- maining Directors, and such appOintee shall hold said office until the next election of Directors and untu his sue cessor shall be elected. The Board of Directors may adopt bylaws for this corporation.
 ARTICLE VII.
 The highest amount of indebtedness or liability, direct or contingent. 10 which this corporation shall subject itself at any time, is Three Hundred Thousand Dollars $300,O0O.0O).
 ARTICLE VIII.
 The private property Of the stock holders of this corporation shall be exempt from all corporate debts or liability therefor
 IN WITNESS WHEREOF, We have hereunto set our haRds and seals this 10th day of November, A. D., 1902.
 CHARLES STANLEY CSeaD
 z. I. JACOBS (SeaD
 C. r.. CLARK CSeGD
 JOHN STEINER (SeaD State of California.
 City and County of san Francisco. ss. On this 10th day of November. A. D. 1902. before me, R. F. Treat. Notary Public in and for said City and County Of san Francisco State of California. residing therein. duly commissioned and sworn. personally appeared Charles Stanley. S. I. Jacobs. C. F.. Clark and John Steiner. known to me to be the persons described in, whose names are subscribed to. and who executed the annexed instrument, and they ac- lzrowiedged to me that they executed the same for the purposes and consid- erations therein expressed.
 IN WITNESS WHEREOF. I have hercunto set my hand and affixed my official seal at my office in said City and County and State. the day and year last above written.
 R. E. TREAT.
 Notary Public. My commission expires January 2d. 1904
 Territory of Arizona.
 County of Maricopa. ss.
 I. E. r. McFaH County Recorder in and for the County and Territory aforesaid. hereby certify that I have compared the foregoing copy with the original Articles oi Incorporation Of the MEXICAN AERIAL NAVTGA- TION COMPANY. filed and recorded in my office on the 12th day of November. 1902 in Bool, No. r of Interpretations. lat Page -. and that the same is a full. true and correct copy of such orig inal and of the whole thereof
 Witness my hand and seal of office, this 18th day of November. 1909.
 CSeaD E. r. McFALI..
 County Recorder. Tv \. z. ARTHUR. Deputy.
 Filed and recorded in the office of the Secretary of the Territory Of Ari- 7ora. this 18th day of November. A. D. 1862. at D. T.
 ISAAC T. STODDARD.
 Secretary of Arizona. First publication November IA.