Holbrook argus., 1902-06-21

of their election and qualification, and until their successors are elected and qualified. Any vacancy in snid board shall he filled by the ming members thereof. And such board of directors shall have power t0 hold any meeting and transact any business for the company nt my time or place within or without the territory of Arizona. and all the actS of such board shall be valid, provided thai n majority of al members of the board shall be present and vote in favor of such act or nets, md such vote shall be complete evidence of the sltiiciency of notice for the meeting; and said board of directors shall have the power to establish by-laws and make all rules and regulations necessary for the management of the affairs of this cor poratioii, not 'n"onsistent with the coIIstitu tion and Laws "i ihe United States md the laws of the territory of Nrizopa.
 The following named persons shall consti- tute the hoard of directors of this cnrporu- tiou 'tutil the first annual meeting of stock ho.de and until their successors are duly elected and uunlihed, to-wt J. X. Woods. Julius Lesser, E. A. Sawyer. W. D. Rrittou F: W. Nelson, R R. Mcdonald and Edw Enos. The number of ,lirrc,ors to be elected at the annual stockholders meeting. not less than seven nor more than eleven shall be stated In the call for said u"niial meeting. to serve for the next onsuing year, which said mum. Der shall be hNed by resolution of the board ot directors at their meeting next prior to the issuance of such notice to the stock. holders.
 ARTICLE VII. The officers of this corporation shall be Il president. vce-president. secretary and treasurer. and such other officess as the board of directors may deem necessary for the purpose of transacting its business pro vide1, that the president or vice. president may also hold the office of treasurer; such officers to be clocted by the board of direct DTS; and the following named persons shall be the officers of this corporation until th. first annual meeting of the stockholders hereof and until their successors are duly elected and qualified. to-wit president, J. x. WnnIs. ftr a.ff nf md tran ltl ltta. Lesser: secretary. W n Britton.
 Provided that none of the officers of this corporation except directors president, vice. president, secretary and treasurer are quired 10 be stockholders of the corpora 'iou.
 ARTICLE VIII
 The time for holding the annual meeting of the stockholders of this corporation i. fixed for the first Monday in the month of December of this year.
 ARTICLE NJ.
 The highest amount of indebtedness or liability. either direct O. 'utingent. to which this corporation is at any time to subject itself is Five Hundred Thousand $500 00O.) Dollars
 The private property of the stockholders of this corporation shall he exempt from any and all liability for the payment of cor porate debts.
 In witness whereof. the corporators here of have hereunto set their hands and seals this first day of May. 4 D; 1902.
 
 JULIUS LESSER [Seall
 E 4. SAWYER, tSeal
 W. D. BRITTON, lSeall Territor, of Arizona County of Navajo, .ss Before me, F. W. Nelson, a Notary Public in and for said county and territory on this day personally appeaaed J. x. Woods, Julius Lesser, E. A. Sawyer and w. D. Britton known to me to be the persons whose names arc subscribed to the foregoing articles of incorporation. and acknowledged to me that they executed the same for the purposes and consideration therein expressed.
 Given under my hand and seal of office this lst day of May b. 1902.
 My commission expires Dec. 6, 1902. Seal F. W. NELSON
 Notary Public. Filed and recorded at the request of F. w. Nelson, May ?, 1902 at u. m. and duly re- corded in Vol No. l. Articles of Incorpora- tion on ges Nos. sl to S7, records of Navajo county. Arizona.
 lSeall 4. F. MCALLISTER,
 Recorder. 1 Filed in the office of the Secretary o. the Territory, at Phoenix. Maricopa county, Arizona, at o'clock q. m.. May 8, 4. D. 1902
 Seal ISAAC T. SIODDARD, 1 Secretary
 First publication June Fl.