Holbrook argus., 1902-07-05

of their election and qualification, and until Any vacancy in said board shall be filled by the remaining members thereof. And such board of directors shall have power to hold any meeting and transact any business for the company at any time or place within or without the territory of Arizona, and all the acts of such board shall be valid, provided that majority of all members of the board net or acts, and such vote shall be complete evidence of the suffieiency of notice for the meeting; and said board of directors shall have the power to establish bylaws and make all rules and regulations necessary for the management of the affairs of this cor poration; not inconsistent with the constitu- tiOn and laws of the United States and the laws of the territory of Arizona.
 The following named persons shall cOnsti- tute the board of directors of this corpora tion until the first annual meeting of stock elected and qualified, to-wit: J. X. Woods, Julius Lessor. k. A. Sawyer, w. D. Britton, x: W. Nelson, K. K. Mcdonald and Edw. Enos. The number of directors to be elected ut the annual stockholders meeting, not less than seven nor more than eleven, shall be stated in the call for said annual meeting, to serve for the next ensuing year, which said mum: a Q, tne the issuance of such notice to the stock holders.
 ARTICLE VII.
 The Oflicers Of this corporation shall be a president, vice-president. secretary and treasurer. and such other Ofiicess as the board of directors may deem necessary for the purpose of transacting its business; pro- vided, that the president or vice-president may also hold the office of treasurer; such officers to be elected by the board of direct prs; and the following named persons shall De the ohcers of this corporation until the first annual meeting of the stockholders hereof and until their successors are duly elected and qualified. to-wit, president. J X. Woods; vice president and treasurer, Julius Lesser: secretary, W. D. Britton.
 Provided that none of the officers of this corporation except directors president, vice. president, secretary and treasurer are re- ton.
 ARTICLE VIII.
 The time for holding the annual meeting fixed for the first Monday in the month of December of this year.
 ARTICLE xI.
 The highest amount of indebtedness or liability. either direct or contingent to which this corporation is Ut any time to subject itself is Five Hundred Thousand ($5O0,OOO.) Dollars
 The private property of the stockholders of this corporation shall be exempt from any and all liability for the payment of cor pOrate debts.
 of have hereunto set their hands and seals this first day of May A ?; 1902. :,
 JULIUS LESSER, tSeaii
 E A. SAWYER [Seali
 W. D. BRETON, fSeal1 Territor, of Arizona. County of Navajo,-ss. Before me. F. W. Nelson, a Notary Public in and for said county and territory, on this day personally appeaaed J. X. Woods, Julius Lesser, K. A. Sawyer and w. D. Britton, known to me to be'the persons whose names are subscribed to the foregoing articles of incorporation, and acknowledged to me that they executed the same for the purposes and consideration therein expressed. Given under my hand aud seal of office this 1st day of May, ,. D. 1902.
 My commission expires Dec. S. l9O2
 lSeall F. W. NELSON,
 Notary Public. Filed and recorded at the request of F. w. Nelson, May 1902. at a. m., and duly re- corded in Vol No. l. Articles of IncOrpora- tion on pages Nos. 84 to s7, records of Navajo county, Arizona.
 lSeal] A. Y. MCALLISTER,
 Recorder. Filed in the office of the Secretary of the Territory, at Phoenix, Marcopa county, Arizona, ut o'clock n. m., May B. A. D. 1902. lSeall ISAAC T. STODDARD,
 , Secretary.
 First publication June 2l.