Holbrook argus., 1902-05-17

be elected or appointed in such manner ,Id "ws s,'Im x ,'1S, ra ana ior sHS % terms us the b! hoid office for one year from the time of their election, and until their s,iccessors shall be elected and qualified Vacancies in the Board oi Directors shall be filled by mn" poihtment by the Board. Any person so nI, pointed to ii Il vacancy in the Bourd of Li- rectors shal hold office until the next annual elected and qualified. No person shall he |, dirictor who shall not be at the time of his election or appointment the holder of one or more shares of the capital stock
 Sec Z. All electious of directors sbnII he Dy ballot. and every stock holder shall hnye the right to vote in person or by proxy the
 ,,s n,per T oi shares standing in his name on the books oi said Company, for any or all per- SOILS as directors to be elected, in such man ner as is provided by the by-laws of inc company. " Sec. g. The affairs of said Corporn,,, .r.. to be coductcd by Board of uirect0r, com. posed of tbree members and are Il M, Hol. ,,I, i,e,man, J. r. Graves and Cynthia Parks Sad directors hereby appointed shall hold office until the annual election to be held on the first Monday in January. 1903, and until their successors are elected and qualified. Said rectors are not ineligible us such be-, i,,,se nt not holding any shares of the capital stock or sad Company at the time of their uu- poiItInent as such directors: but encb n,f said directors SO appointed shall become ,ha hOi 6. of one or more shares of said capital tocK within sixty days from the date of these .i,rtlcies .,rc or lncorporation, or in default thereof shal cease to be director wheneye, after said sixty days, his default continuin,, the Board of Directors shall declare his nin's vacant for such default.
 Sec. [. The assent of stock hoId4r. renr. senting majority of the issued and ont standing shares of the capital stock. given at any meeting of the stockholders, regular or sperial. or the written assent of the hold CTS Hf twO-thirds of the issued and Uutstn,d ing shares of the capital stock wheresoeyer given; shall be effectual to adopt, amend or repeal Dy Jaws, or to adopt, amend or repeal rules or regulations for the management of the affairs of said company.
 Sec. ). The Board of Directors at any meet ing, regular or special may adopt, amend or repeai Dy-iiiws, providing tor the time place and manner of holding, calling and condurt- ing, annual, regular and special meetings of the stockholders and of the Board of Direct ors, the number of stock holders or directors constituting quorum. the mode of voting by proxy at stockholders meet tir,gs in, time or the annual election of directors and the the compensation and duties of officers inc manner Of election and the terms of office of nli Oincers other than the directors, the traisier or the stock of said company and all sich other by and rules and reg ,IlutiOns TOT the government of said cOmpuny and the Board of Directors thereof the transnction oi the business of said company and the management of its affairs as migl. or couid be adopted amended or repealed l., the stockholders of said company pro, ided. thai the stockholders, by resolution passed at any
 
 any bylaw, or any such rule or regulation. which may have been adopted by the Bonri of Directors and may revoke in whole or in part or abridge the allt ority herciu coufer red on the Board of Directors to udOut. amend or repeal bylaws, and having revoked or abridged such authority may again confer the same by similar resolution. and may in like manner revoke or re-confer such nu- thority from time to time.
 - SIXTH
 mat the highest amount of indebtedness
  of its capital stock) to which said company is at any time to subject itself or be subject ed, shall not exceed Fifty Thousand (s50,OOO) Dollars.
 That said Company shall have power to is- sue, sell and hypothecute it's bonds for the furtherance of any and all the purposes for which said Company is formed us set forth in these, articles of incorporation and any h. ,iiemdnent or amendments which may be made thereto, and to secure such bonds and other debts and obligations of said com, any. by mprtgage, trust deeds or pledges of any or all it's property; and shall have power to create n sinking fund for the payment of any of its bOhds, debts or obligations. The private property of the members of this corporation and the stock holders there- Of. shall be exempt from liability for the W In In witness Whereof, We nave hereuuto set our hands and seals this l5th day of April 4. D. lWi.
 
 = lSealf C. NJ. Sabin. ., Territory of New Mexico,t SIS.
 County of Mckinley,
 On this 18th day of April in the year One Thousand Nine Hundred and Two A. D. 1902l before me W. F. kmchenbecker, Notary Public in and for the County of Mckinley and the Territory of New Mexico duly commissioned and sworn personally appeared l.. l.. Henry and C. NJ. Sabin, to me known to be the persons des- craijed In and whose names are subscribed to. and who executed, the foregoing and an nexed Articles of Incorporation of the COL ONIAL TRADING STAMP COMPANY and they acknowledged to me that they exc cuted the same freely and voluntarily for the uses purposes and considerations herein mention ed and expressed.
 In witness whereof have hereunto set my hand officicial seal the day and year in this certificate first above written,
 lSeal1 WE. Kuchenbecker.
 Notary Public. ', Filed and recorded at.the request of l., l.. Henry, April IS 1902 at a. m. and dmly TO. corded in Vol. No. of Art. of Inc. on pages