Arizona republican., 1902-04-21

nQ, authorized to incur, at any time, or for which if can be made liable, is the sum of Five Hundred Thousand (s5oO,0Oo) which indebtedness may be incurred at the discretion of the Board of Direct ors. by issue of bonds or other neso- tia ble securities.
 ARTICLE VI. The private property of the stockholders of this corporation shall. at all times, be exempt rom the debts of the corporation.
 ARTICLE VII. The affairs of this corporat ton shall be conducted by a Board of Directors which shall be com posed of not less than three, nor more than nine persons who shall be elected at an annual meeting of the stockholG- CTS of the corporation, and who shall hold office until their successors are elected and qualify; provided. however. that the persons named herein as the incorporators shall be the Directors of this corporation until the annual meet ing next succeeding the filing of these Articles of Incorporat ation: said Direct ors shall have the power of electing the officers of the company to serve until their successors are duly elected and qualified and same as though said Di- rectors had been elected at regular annual meeting as provided hereinafter ;n Article VIII.
 ARTICLE VIII. The annual meet ing of the stockholders referred to in Section VII shall be held on the last Saturday in January, at such place either within or without the Ter ritory of Arizona, as the Board of Di- rectors shall select.
 Notice in writing of the time and place of such meeting shall be mailed to each stockholder of record at least thirty days before the time of such meeting.
 ARTICLE TX. The officers of this corporation shall be a president, vice president secretary and treasurer who shall be elected annually from among the Directors at q meeting thereof held immediately after the annual meeting of the stockholders.
 The secretary and treasurer may be one and the same person.
 Any meeting Of the directors at which a quorum shall be present, shall be legal meeting. and the acts done thereat shall have the same force and effect as though passed by a full board, whether the absent members of the board had notice of such meeting or not.
 The President shall be the executive officer of the corporation. and shall sign all conveyances, checks. contracts and other instruments. provided how ever that all such instruments exc cuted by the President, shall. before they shall be valid and binding upon this corporation, be countersigned by either the secretary or treasurer. ARTICLE X. Any and all vacancies that may occur in the Board of Di- rectors shall be filled until the next an nual election by the members of the Board of Directors remaining in office.
 The Board of Directors of the corpo- ration may appoint such committee or such business manager or managers to aid in the mana cement of the business of the corporation, as it may deem eX pedient. and vest in such manager or managers, committee or committees, such power as the Board of Directors may deem best.
 ARTICLE XI. No person shall be eligible to the office of Director in this corporation unless he is a stockholder, and any Director ceasing to be a stock holder shall thereupon cease to be a Director.
 As soon as practicable after the com mencement of the existence of this cor poration the Directors shall meet and adopt bylaws, and at any meeting of the Board of Directors 1t may make such rules and regulations as it may deem necessary for the proper man. agement of the corporation and it's affairs which shall be consistent with these Articles of Incorporation and in accordance with the laws of the United States and the Territory of Arizona. ARTICLE XII. These Articles of Incorporation may be amended at any annual meeting of the stockholders, or at any special meeting thereof called for the purpose, by two-thirds of the stockholders represented at such meet ing, either in person or by proxy. vot ing in favor of such proposed amend ment. and whenever any such amend ment of these Articles of Incorporation | shall be made, the same shall be signed and acknowledged by the President of the corporation and by the secre- | tary, and shall have the same force and virtue as if signed by all of the stock | holders.
 IN WITNESS WHEREOF, We have set our hands and seals this 14th day of April, A. D. 1902
 WILLIS B. TROY. (SeaD
 THOS. J. HILL (SeaD
 H. VIM. STEVENS. (SeaD
 Signed, sealed and acknowledged in the presence of HARRY N. COX. Territory of Arizona,
 County of Maricopa. ss.
 Before me, Harry N. Cox, a Notary Public in and for the County of Mari copa, Territory of Arizona, on this day personally appeared Thomas J. Hill, H. Wm. Stevens and Willis B. Troy. known to me to be the persons whose names are subscribed to the foregoing instrument, and acknowledged to me that they executed the same for the purpose and consideration therein eX- pressed.
 Given under my hand and seal of office. this fourteenth day of April, 1902
 (Seal) HARRY N. COX.
 Notary Public
 My commission expires Jan. 15, 1904 Territory of Arizona,
 County of Maricopa, ss.
 I, B. F. McFall, County Recorder 1T and for the County and Territory aforesaid, hereby certify that I have