The Coconino sun., 1902-12-20

may be filled by the remaining members of thu | Board.
 | The Board of Directors is hereby author | ized and empowered to make and establish by. laws for the government of the corporation and to alter and amend the same, and to make all rules and regulations which, in their judg- ment. are needful or necessary for the manage ment of the affairs of the corporation, and foi the guidance and control of the officers thereof Provided, that such bylaws or regulations | shall not conflict or be inconsistent with these Articles of Incorporation, the laws of the Ter ritory of Arizona, or the Constitution and laws of the United States. ARTICLE TX. The private property of every stockholder in this corporation shall be forever exempt from liability for the corporate debts of the corpora tion.
 ARTICLE K The officers of this corporation shall be a President, Vice President. @ Secretary and a Treasurer, and such other officers and agents as the Board of Directors may from time to time provide or appoint The President, Vice Pres ident, Secretary and Treasurer shall be elected by the Board of Directors, immediately after their own election from among their own num- Der, and all officers so elected shall hold ofhce for the term of one CD year. and until their successors are elected and qualified, except as otherwise herein provided in Article XII hereof. ARTICLE XII
 The Board Of Directors shall have the power to sell and otherwise dispose of any property of this corporation. less than the whole thereof. in the regular course of business, whenever, in their judgment, it may be deemed best to do so; to cucumber, lease. and otherwise handle any of the property of this corporation; to acquire property for this corporation; to borrow money up to the amount herein limited, and to execute corporate notes, bonds and other evidences of indebtedness of /this corporation therefor, and to secure the pygment of the same by mortgaee deed of trust. (r in any manner designated by law. or the py-laws of the corporation, as to them shall Seem advisable, on all, or any DOT ton or the ppsperty, interests and assets of whatsoever mature of this corporation; and 10 do and perform nll acts and things necessary. requisite, or incidental to, or in managing and carrying on the business and affairs of this cor poration.
 ARTICLE XII
 Until the regular annual meeting of the stock holders of this corporation on the third Satur- day in November. 1903. the following persons shall constitute the Board of Directors and of- hcers thereof to wit,
 David Babbitt, Director and President H. E. Campbell, Director and Vice President. E. s. Clark. Director and Secretary. George Babbitt. Director and Treasurer Harry Jacoby, Director.
 ]. w. Francis, Director.
 George H. Conn. Director.
 ARTICLE KILL
 These Articles of Incorporation may be amended at any regular annual meeting of the stockholders, or any special meeting thereof, duly called for that purpose by a majority vote of the capital stock of the corporation then out standing and issued on the books of the Com pany.
 .n witness whereof, we. the incorporators hereinabove mentioned have hereunto set our hands this fifteenth day of November A. D. 1902.
 DAVID BABBITT
 GEORGE BABBITT,
 J. w. FRANCIS,
 GEORGE H. COFFIN,
 HARRY JACOBY.
 H. F.. CAMPBELL,
 E. s. CLARK.