Holbrook argus., 1903-04-25
CERTIFICATE OF AMEND.
 MENT TO THE ARTICLES OF INCORPORA.
 TON OF THE ARIZONA COOPERATIVE MERCANTILE INSTITUTION

This Is to certify, That the stockholders of the Arizona Cooperative Mercantile ,lnsti- tuition by majority vote of said stockhold- CTS. at legally called special meeting of said stockholders and called for the purpose of amending the articles of incorporation rf said company, held in the town of Holbrooll Navajo county Arizona territory. on the 7th day of April, 1908. voted to and oriere., that thp articles of incoruoration of said company ns filed in the office of the Secretary of the Territory 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 said paragraph entirely and inserting in lieu of same the following. so that said para proph Us amended and changed will read as follows to-wit:
 2nd. The said corporation proposes to con duct the business nf wholesale and retail dealers in merchandise. goods and wares of nll 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 an' all kinds of live stock; also acting us commits sion merchants, agents and brokers for in- dividuals. firms au1 other corporations: borrowing and loaniug money, giving aud 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 tn" United States and the Territory of Arizona.
 That article 3rd of said articles of incor- poration be amended by striking out all of said paragraph and inserting in lieu thereof the following that the said article as amended shall read as follows. to-wit:
 3rd. The capital stock of this corporation shall be One Hundred Thousand (Si000nnl Dollars, divided into One Hundred Thousand 1000OO) shares. of the par ynlue of One sO Dollar per share. all of which shall be fully paid and non -assessable, when issued
 That Article 5th of said articles of iRcor- por,ation be amended by. striking out all of said article and inserting in lien therof, the following. so that the said article 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 (N stockholders of the cOrpor- ation, 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 a president, vice-presi- dent secretary and treasurer. and which said board of directors aud 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 a sup erintendent. and such other officers and em- ployees as may he necessary for the proper conduct of the business, and such apDointees shall not be required to be stockholders of 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 States and the laws of the Territory of Ariz. ona, and these article, of incorporation. The following stockholders shall consti- tute the officers and directors of the corpor- ation until the regu lar election to be held in January, 1904, namely:
 Jesse N. smith. presidept, J. w. Freeman, ce-presideut J. R. Hulet, secretary and treasurer J. H. Frisby. J. A. Freeman. Jos ". Smith, x. Miller, J. T. Lesueur and Jos. B. | Patterson
 That article 9th of said articles of ncor- poration be amended by striking out all of said article and inserting in lieu thereof. the following, so that said paragraph or article as amended add changed will 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 000) Dollars In Witness Whereof we, the president and | secretary respectively of said corporations have hereunto set our hands and seals and have hereunto affix the seal of the said cor poration this l7th day of April, A. D. 1908 JESSE N. SMITH, [Seal | [Seal President JOHN R. HULET, [Seal Secretary.
 TERRITORY OF .ARIzONA,l ss COUNTY OF NAVAJO. ss. | Before me. A. F. McAlister 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- | and secretary, respectively, of the corpora