The Tucson citizen., 1902-07-28

from the same, fixed yearly dividend
OF ten per centum. but no more, pay
able semi-annually, before any div
idend shall be set apart or paid on the
common stock. All said stock, wheth-
er preferred or common, shall be is
sued paid up and -assessable, In
exchange for cash. services or prop
erty. The company shall not do any
bushes apart from its own organiza-
tion until 10000 shares of the entire
issue have been subscribed for.
ARTICLE w.
The highest amount of Indebtedness
or liability. direct or contingent, to
which this corporation shall at any
time subject itself, shall be $1,000. 900,
or fifty per cent of the entire capitali-
Zation.
ARTICLE v.
The private property Of the stock
holders OF this corporation shall be
exempt from liability for its corporate
debts.
ARTICLE VI.
The time OF the commencement of
this corporation shall be the day on
which these Articles shall be filed in
the Office of the County Recorder of
Pima County, Arizona Territory. and
the corporation shall continue for the
term of twenty-five years thereafter.
ARTICLE VII.
The government of this corporation,
and the management and control OF
its affairs and business. shall be con-
Quoted by a Board OF seven Directors.
to be elected at the anual meeting Of
the stockholders. which shall be held
at the office OF the company. to be des-
ignated by the Board of Directors. on
the fourth Wednesday in September
OF each year after September 1909.
/ Until the annual meeting as aforesaid
Of the stockholders. the affairs OF this
corporation shall be conducted by the
/ following number OF Directors. viz:
Pedro b. Chisem, George W. Grove.
Floyd II. Wilson. Frank III. Hereford,
Max Mueller, William +. Lown and
Frederick X, Jones. who shall hold
ONCE until their successors are duly
elected. Vacancies In the Board OF
Directors shall be filled by majority
of the other Directors In ONCE.
ARTICLE VIII.
The officers Of this corporation shall
be a President, Fice-presIdent. Secre-
tary. Treasurer and Attorney. and such
other officers and agents as the Board
of Directors may deem necessary for
the proper transaction of it's business.
ARTICLE TX .
The Board OF Directors OF this cor
poraiion shall have power 10 increasE
or diminish It's capital stock, or In
crease or diminish the number OF di.
rectors by q majority vote Of thu
stockholders represented at any reg
ular stockholders meeting. or any
special meeting of the stockholders
In witness Whereof. we have h re
unto set our hands this 2sth day o
June. 1909.
FLOYD d. WILSON. tSeall
FREDERICK X. JONES. ,Seal)
WILLIAM r. l.0wN. lSeall
State OF New iork.s
City and County lwa-
of New York.
On 'hIa 2Sth day of June. 1909. be
fore m~ Percy W. Crane. u Sotar!
Public. In and for the County ans
state aforesaid, personally appe&res
Floyd h. Wilson, Frederick X. yores
and william H. Lown. Known TO Hn'
to be- the same peTwons whose names
are subscribed TO the foregoing instra
ment. and who duly Acknowledged Il
me that they executed the same free
~ and voluntarily. for the use Ans
purposes iherein mentioned.
In witness whereof. have hereuns'
set my hand and afssxed my osicaa
seal nj my offce the day and year GrS
above written. MY Commission ~x
nires March 3Nsh 1903.
PERCY W. CRANE,
Notary Public. New York County.
tSe@ll.
Slate Of New York
County OF New York. lss-
/, Thomas L. Hamilton. Clerk .