Holbrook argus., 1903-05-16
CERTIFICATE OF AMEND
 MENT TO THE ARTICLES OF INCORPORA-
 TON OF THE
 ARIZONA COOPERATIVE. MERCANTILE INSTITUTION.


 the Arizona Cooperative Mercantile Insti- t' tion by majority vote of said stockhold- eis, at n legally called special meeting of said stockholders and called for the purpose of said company held in the town of Holbrook Navajo county Arizona territory, on the 7th day of April, lev3, voted to and ordered that the articles of incorporation of said company as filed in the office of the Secretary of the TerritorS of Arizona on the Eth day of Octo- Der 1888 be amended as follows, to wit:
 That article 2nd of the said articles of in- corporation he amended by striking out all of snid paragraph entirely and inserting in lieu of same the following, so that said para praph us amended and changed will read as follows to-wit:
 2nd The said corporation proposes to con duet the business of wholesale and retail all kinds and descriptions; dealing in, hold ing, and owning real estate, manufacturing and milling. plants and machinery of all kinds, and dealing in. owning and holding the products of manufacturies and mills of all kinds. sheep. cattle. horses and any and all kinds of live stock; also acting as commis- sion merchants, agents and brokers for in- diyiduols. firms and other corporations; bori owing and loaning money. giving and receiving notes and mortgages. and in gener- al to do all things necessary for the proper conduct of the business of this corporation in the Territory of Arizona, not inconsistent with the laws of the United States and the Territory of Arizona.
 That article 3rd of said articles of incor- poration be amended by striking ont all of said paragraph and inserting in lieu thereof the following SO that the said article as amended shall read as follows to-wit:
 3rd. The capital stock of this corporation shall be One Hundred Thousand (sI000Gl Dollars, divided into One Hundred Thousand n0o000) shares. of the par. value of One CD Dollar per share, all of which shall be fully paid and non-assessable. when issued
 That Article 9th of said articles of incor- poration be amended by striking out all of said article and inserting in lieu therof the ed shall read as follows. to-wit:
 5th. The affairs of this corporation shall be conducted by board of directors con sisting of Nine C9l stock holders of the corpor- atioD who shall be elected at a stockholders meeting to be held at : o'clock D. m. on the fourth Tuesday in January, 1904, and annu ally thereafter on the same day and hour
 The said board of directors shall elect from its own members president. d vice -presi-' dent. secretary and treasurer. and which elected shall hold their offices for the term of one, year or until their successors are elected and qualified.
 The board of directors shall appoint sup erntendent. and such other officers and em- ployees as may he necessary for the proper conduct of the business. and such appointees shall not be required to be stockholders of the corporation.
 The board of directors shall adopt by-laws prescribing the duties of the officers of the corporation. and make and adopt rules and regulations for the government and man. agement of the corpoi ation not inconsistent with the constitution and laws of he United States and the laws of the Territory of Ariz. ona. and these articles of incorporation. The following stock holders shall consti- tute the officers and directors of the corpor- alton until the regula lar election to be held in January isoi, namely; l,;,. IVY puo.n,., vice-president. J. K: Hulet, secretary and treasurer. J.. H: Frisby, J. A. Freeman, Jos. ". Smith N. Miller, J. T. Lesueur and Jos. B.
 That article 9th of said articles of incor- poration be amended by striking out all of said article and inserting in lieu thereof, the as amended add changed win read as follows. to-wit:
 9th. The highest amount of indebtedness or liability direct or contingent which this corporation shall at any time subject itself shall be Sixty-Five Thousand (s65,0O0l Dollars
 In Witness Whereof we: the president and have hereunto set our hands and seals and have herennto affixed the seal of the said cor poraton this I7th day of Agril' A. D. 1903 !, ' JOHN R. HULET, lseall TERRITORY OF ARIZONA, ss.
 Before me. A. F. McAllister, a Notary Pub lie in and for the County of Navajo, territory aforesaid on this day personally appeared Jesse N. Smith and J. R. Hulet known to me to be the dersons whose names are subscrib- ed to the foregoing instrument, as president and secretary. respectively, of the corpora tion described in said instrument and as such officers acknowledged to me that they ex- ecuted the same the act and deed of the Arizona Cooperative Mercantile Institution for the purpose and consideration therein expressed.
 Given under my han l and seal of office this fifth day of April, 1903.
 My commission expires January 5th, 1905. [Seall A. F McALLISTER, Notary Public. TERRITORY OF ARIZONA, ss
 COUNTY OF NAVAJO. '''
 I, A. F. McAllister, County Recorder in and for the County and Territory aforesaid, do hereby certify that l have compared the foreg oing copy with the original Certificate of Amendment to the Articles of IncOrpora- tion of the Arizona Co-opertive Mercantile Institution filed and recorded in my office on the 17th day of April 1908, in book No. one of Articles of Incorporation at pape 88 ct se:- quentes, and that the same is a full true and correct copy of such original and the whole thereof.
 Witness my hand and seal of office, this 17th