The news-herald., 1902-04-12

directors until the annual meeting OF
the stockholders in the year 1903. The
number of Directors shall be deter
mined from time to time by majority
vote Of the issued stock.
The officers of this corporation shall
be President. Vice President, Secre-
tary and Treasurer and all of said off,
GERS shall be chosen by the Directors
from among the members of the Board
of Directors and shall hold their offices
for term of one year and until their
successors are elected and qualified:
said officers shall receive such COM
pensation as the Board of Directors
may determine.
The meetings of the Board Of Direct
ors shall be held in such places in the
territory OF Arizona and at such times
as the majority of the said Board shall
determine and all such meetings, at
which three go Directors shall be pres
ent, shall be regular meetings. The
board or Directors may also hold meet
ings In such places without the Terri
tory of Arizona and at such times as
all Of said Directors may unanimously
| determine.
The annual meetings Of the stock
holders shall be held on the first Mon
day In May OF each year and their reg
ular meetings may be held at such
times within the Territory of Arizona
as may be determined by the holders of
the majority of the issued stock of the
corporation.
| The Board of Directors shall have
| full power to sell or exchange the
shares of the capita! stock of this cor
poration for mineral lands, mines, min
ing claims or other real estate or for
mills, smelters, hydraulic plants or any
other kind Of machinery or for any
other kind Of personal property or for
any and all kinds of labor or services
needed in carrying on the business of
! the corporation on such terms as said
Directors may think best, or to sell the
same Tor cash or to exchange the same
| for shares of the capital stock of other
corporations.
The Directors shall have power to
make, establish, amend or. repeal all
| BYLAWS, Rules and Regula tions
deemed expedient for the management
OF the affairs Of the corpora ton and to
appoint and employ all necessary
agents, servants and laborers and fix
the compensate ton for the same. If any
Director shall cease to be stockholder
he shall thereby and thereupon cease
to be Director, and the remaining pi-
rectors shall elect a stockholder to fill
said vacancy until the next annual
meeting Of stockholders.
ARTICLE VI.
The highest amount of indebtedness.
direct or contingent, to which this COR
porat1on may at any time be subject
shall be the sum of Two Hundred
Thousand ($2O0,0OO.OO) Dollars.
ARTICLE VII.
The officers and the stockholders of
this corporation and their private prop
erty shall always be exempt from any
and all liability for the debts of this
corporation.
ARTICLE VIII.
The stockholders may be present bv
proxy at any and all meetings of The
stockholders and vote upon all uues-
tions as though present in person. pro-
vided always that such proxy shall be
held and voted by a stoc&holder OF the
corporation.
ARTICLE TX.
These Articles may be amended at
any regular meeting OF the stockhold-
ers by the affirmative vote of three
f1fths (3-O OF all the stock present at
such meeting, provided that such three
fifths (3-O present shall be at least
one-half G2) Of all Of the stock issued
and provided that at any other meeting
than an annual meeting. that notice of
the intended amendment has been
given the stockholders with the notice
OF whit
ment is submitted for action.
In witness whereof we have hereunto
set our hands this 2sth day of Febru-
ary. a. d. 1902.
J. ID. MARLAR.
Fl. A. OWEN.
A. J. EDWARDS.
F. l.. BLITMER
OLIVER p. MORTON.
Territory Of Arizona,
County of Maricopa, IS.
Before me. William p. Richardson. a
Notary Public in and for the County of
! Maricopa. Territory of Arizona. on this
day personally appeared J. d. Marlar.
Ollver +. Morton, H. A. Owen, F. L.
Blumer and A. ]. Edwards, known to
me to be the persons whose names are
subscribed to the foregoing instrument.
ana acknowledged to ME that they exc
cuted the same for the purpose and
consideration therein expressed.
| Given under my hand and seal of
ONCE this 2Sth day of February, A. D.
1902.
! (Seal.)
WILLIAM +. RICHARDSON,
Notary Public.
My commission expires jan o3rd, 1904.
Recorder office, Phoenix, Maricopa
County. A. T. Filed and recorded at
request Of A. ]. Edwards, March g.
1902 at 3:15 p. m. In Book 9 of Incor.,
pages -.
B. F. MCCALL,