The border vidette., 1903-06-27

tion of the directors in each year. the board of directors shall hold their annual meeting and shall elect president vice-president, trea- surer and secretary, to succeed those whose terms expire, anl such other officers as the board may determine.
 SEC. 1.-The boardof diriectors shall have power to establish by laws, and to make and enforce all rules and regulations necessary for the management of the affairs of the company not inconsistent with law.
 SEC. 5-All officers of the company who sign, or endorse checks or handle any funds curities, shalfb be required to give bonds, or Fidelity insurance, for he faithful perform ance of their duties. with sureties to be ap- proved by the board of directors, in such reasonable amount will protect the company, and no such officer shall enter upon the duties of his office until hIs bond is approved by the board of directors. All such bonds shall be increased additional sureties required by the board of directors whenever necessary to pro- tect the interests of the cont any, and any per son failing to give such additional bond, sureties when required, shall forfeit his office and position and all the rights and emoluments thereof.
 SEC. 6-The board of directors and the stock holders shall, both, have the power to hold meetings and transact business in Mexico: Nova Scotia, Canada: and in the State of Iowa, U. A. and at such other places s may be de-
 
 holders.
 ARTICLE V.
 COMMENCEMENT AND DURATION. SEC. This corporation shall commence as soon as these Articles of Incorporation are filed for record in tine office of the County Re corder of santa Cruz County, Arizona Terri tory, U s. A. and in the office of Secretary of the Territory of Arizona U. s A. and shall termi nate twenty five years thereafter, unless
  be renewed or extended from time to time in the manner provided by law.
 ARTICLE VI.
 INDEBTEDNESS AND LIBILITY. SEC. 1.-The highest amount of indebtedness. both direct and contingent, to which this poration is at any tune to subject itself that may be lawfully incurred by the corporation, shall net exceed ten thousand dollars. No debts can be incurred, except by the authority of the board of directors.
 SEC. 2-The private property of the stock holders shall be exempt from corporate debts and liabilities,
 ARTICLE VII.
 MEETINGS OF STOCKHOLDERS. SEC. l-The regular annual meeting of the stockholders of this corporation, for the cleo tion of directors, the submission of the annual reports of the officers, and the transaction of such other business may legally come before the stockholders shall be held in the City of Nogales, in the Territory of Arizona, U. $. A. or, in the City of Des Moines, Iowa, U. s. A. Halifax Nova Scotia, as the board of direc- tors may determine the fourth Thursday Of the month of January of each year. SEC. Especial meetings of the stockholders, shall be held at such time and places as may be ordered by the board of directors Notice in writing of all meetings of the stock holders, shall be mailed to each stockholder, at his her address, shown by the stock books of the company, and shall be so mailed at least ten days prior to sucn meeting. Such notice shall state in general terms the nature of the business to be transacted at such meet ing. The deposit of such notice in the Post Offiee.- postage prepaid, shall be held and deemed notice in fact to such sto:kholder. ..,..- ARTICLE VIII. ..i- AMENDMENTS.
 SEC. These articles of incorporation may be amnfended at any r, ,gular special meeting of the stockholders of the company, ID the manner provided by law.
 IN WITNESS WHEREOF we have hereunto set our hands and acknowledged the sad Al ticles of Incorporation, this 11th day of April A. D. I9,3.
 CHARLES CRANE
 J. M: GOODSON
 Ell. FITTING
 l.. z. BRICKER D. B. DROWN
 E. H. DECKER
 H. J. DEARDS
 j. T. FELLOWS
 H. H REYNOLDS
 NATHAN E. COFFIN
 OREN RUFFCORN