Holbrook argus., 1903-05-09
CERTIFICATE OF AMEND
 MENT TO THE ARTICLES OF INCORPORA-
 TON OF THE ARIZONA COOPERATIVE MERCANTILE INSTITUTION.

tuition by 0 majority vote of said stOckhold- stockholders and called for the purpose of amending the articles of incorporation of said company, held In the town of Holbrook, Navajo county, Arizona territory, on the 7th day of April l90S voted to and ordered that the articles of incor operation of said company as filed in the office of the Secretary of the Territory of Arizona on the Eth day of Octo- her 1888 be amended as follows, to wit:
 That article 2nd of the said articles of in- corporation be amended by striking out all of said paragraph entirely and inserting in praph as amended and changed will read as follows wit:
 End. The said corporati lon proposes to con- the if and 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 commits dividuals, firms and other corporations; borrowing and loaning money, giving and receiving notes and mortgages, and in gener- conduct of the business of this corporation in the Territory of Arizona, not inconsistent with the laws of the United States and the That article srd of said articles of incor- poration be amended by striking out all of said paragraph and inserting in lieu thereof the following so that the said article as. amended shall read as follows, to-wit;
 Srd. The capital stock of this corporation shall be One Hundred Thousand (Si0000O( Dollars, divided into One Hundred Thousand Dollar per share. all of which shall be fully paid and non -assessable. when issued.
 That Article 5th of said articles of incor: said article and inserting in lieu therof, the following, so that the said article as amend ed shall read as follows, to-wit:. 9th. The affairs of this. corporation shall be conducted by board of directors con- sisting of Nine (9l stockholders of the corpor- atiOn who shall be elected at a stockholders meeting to be held at o'clock p. m. on the ally thereafter on the same day and hour.
 The said board of directors shall elect from It's own members president vice-presi- dent a secretary. and treasurer, and which said board of directors and the officers so 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 erintendent. and such other officers and em- plOyees as may he necessary for the proper conduct of the business and such appointees the corporation.
 The board of directors shall adopt bylaws prescribing the duties of the officers of the corporation, and make and adopt rules and regulations for the government and man. agement of the corporation not inconsistent with the constitution and laws of the United
 
 ona, and these articles of incorporation.
 The following stockholders shall consti- tute the officers and directors of the corpor- atiOn until the regular election to be held in Jesse N. smith, president J. w. Freeman, vice-president, J. K. Hulet, secretary and treasurer. J. H; Fris6y. J. A. Freeman, Jos. Patterson.
 That article 9th of said articles of incor- poration be amended by striking out all of oasl n.,Asz szvz nv.I AL-, following, so that said paragraph or article 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 1885 ,0Ool Dollars, secretary respectively of said corporation, have hereunto set our hands and seals and have hereunto affixed the seal of the said cor po'ati0n this jhE 5sA dsy sMfFH ss APEi A. 1898 se. lss''' JOHN R. HJF,sT' ffsfid'"' lss.,l TERRITORY OF AR1zoNS.t SsSrstar'' la
 Before me- A. F. McAllister, a Notary Pub lie in and for the County of Navajo, territory as so Ss to be the dersons whose names are subscrib- ed to the foregoing instrument, as president and of the
 
 officers acknowledged to me that they ex- ecuted the same as the act and deed of tho Arizona Co-operative Mercantile Institution for the purpose and consideration therein expressed.
 Given under my han and seal of office this i7th day of April, 1908.
 My commission expires January 9th, 1905. [Seall A. McALLISTER, Notary Public. TERRITORY OF ARIZONA,l ss
 COUNTY OF NAVAJO. '''
 I, A. F. .McAllister, County Recorder in and for the County and Territory aforesaid do hereby certify that I have compared the foree 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 8a, ct se- quentes, and that the same is full true and correct copy of such original and the whole thereof.
 Witness my hand and seal of office, this 17th day of April 1908.
 (Seall A. F. McALLISTER, County Recorder.