Holbrook argus., 1902-04-26

 at such times. and for such terms us the by laws may prescribe. The directors shall hold ofice for one year from the time of their election and until their successors shall be elected and qualified Vacancies in the Board of Directors shall be filled by ap- pointment by the Board: Any person so ap- pointed to ill vacancy in the Board of Di- rectors shall hold office until the next annual election and unti; his successor shall be elected and qualified. No person shall be u dirictor who shall not be at the time of his election or appointment the holder of one or more shares of the capital stock.
 i'ec Z. All eiectious Of directors shall be by ballot. and every stock holder shall have the right to vote in person or by proxy the number of shares standing in his name on the books of said Company, for any or all per- sons us directors to be elected, in such man ner us IS provided by the bylaws of the company.
 Sec $. The affairs of said Corporation are to be coductcd by Board of directors com posed of tbree members and are ii. NJ. Hol- iemau, J. r. Graves and Cynthia Parks Said directors hereby appointed shall hold office until the annual election to be held on the nrst Monday Tn Junuary lSO3 and until their successors are elected and qualined, Said above named persons hereby appointed di- rectors are nor ineligible us such because of not holding any shares 0. the capital stock or said Company ut the time of their ap- pointment us such directors; but each of sald al. ectors so appointed shall become the ol e. of one or more shares of said capital oci< wiehin sixty days from the uate oi these rticles of incorporation, or III default thereof shall cease to be Il director whenever alter said sixty aays, his detaulr continuing, the Board or directors shall declare his place vacant for such default.
 Sec. 1. The assent oT stock holders repre- senting majority of the issued ana out standing shares of the capital stock given at any meeting O. the stockhol lders, regular or special or the written assent of the hold CTS of two-thirds oi the issued and outstand- ing shares ot the capital stock wheresoeyer gwen; shail be enectuai to aaopt, amend or N-In dfIaf As,L. t..uI 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 repeal by-laws, providing tor the time place and manner ot holding, calling and conduct ing, annual, regular and special meetings of the stockholders and of the Board of Direct- ors, the number of stockholders or directors constituting quorum. the mode of voting by proxy ut stockhOiders' meetings, the time ot the annual election of directors and the mode and manner of giving notice thereof the compensation and duties of officers, the manner of election and the terms of office of all ofncers other than the directors the transfer of the stock of said company, and all such other by-iaws and rules and reg Illations for the government of said company and the board of Directors thereof, the transaction or the business of said company and the management of it's affairs, us might or could be adopted, amended or repealed by the stockholders of said company provided, that the stockhoIders, by resolution passed at any
 
 any Dy-law, or any such rule regulation, which may have been adopted by the Board or Directors, and may revoke in whole or in part or aDrid,sc the authority herein confer red on the Board of Directors to adopt 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 thority from time to time.
 SIXTH
 That the highest amount of indebtedness (sax. I.t-t,t. or it's capitol stoclH to which said company is Ut any time to subject itselr, or be subject ed, shall not exceed iity Thousand ($5OO0O) Doilars
 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 a. inendment or amendments which may be made thereto, and to secure such bonds and other debts and obligations Of said com any by mortgage, trust deeds or pledges o1 any or all its property; and shall have power to create sinking fund for the payment Of any of its bonds, debts or obligations
 EIGHTH
 The private property of the members of this corporation and the stockholders there- of shall be exempt from liability for the corporate debts.
 in witness Whereof, We nave hereunto set our hands and seals this 10th day of April A. D. l90l.
 [Seall l.. L. Henry.
 lSeall C. M. Sabn.
 Territory of New Mexico, ss.
 County of Mckinley,
 On this 18th day of April in the year One Thousand Nine Hundred and Two IA. D. 1a02l before me W. F. Kuchenbecker, q 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. M siabin, to me known to be the persons des- cribed in and whose names are subscribed to- and who executed, the foregoing and aIl- nexed Articles of Incorporation of the COL ONIAL TRADING STAMP COMPANY and they acknowledged to me that they executed the same freely and voluntarily for the uses purposes and considerations herein mention ed and expressed.
 In witness whereof have hereunto set my hand otfcicia seal the day and year in this certificate first above written,
 [Seall WE. Kuchenbecker.
 Notary Public. Filed and recorded at the request of l.. l., Henry April lb 1gO2 at q H. m, and a,,I,, ,,,