The Arizona sentinel., 1903-04-29


 be perpetual.
 Seventh-At all elections Of directors, each stockholder entitled to vote shall be entitled to as many votes as shall equal the number Of his shares Of stock multiplied by the num- Der of directors to be elected, and he may cast all of such votes for q single director or may distribute them among the number to be voted for or in favor Of any two or more of them as he may See fit.
 The number Of directors of the Corporation shall be seven IT, but may be increased as may be provided in the bylaws. In case Of any increase of the number of directors, the additional director or directors shall be elected as may be provided for the election Of original directors.
 In case Of any vacancy in the board of direc- tors through death, resignation. disaualifica- ton or other cause the remaining directors by affirmative vote of the majority of the board Of directors may elect a successor to hold office for the uneXpired portion of the term of the director whose place shall be va cant, and until the election of successor. The board of directors shall have power to hold their meetings outside the State of New Jersey al such place or places as from time to time may be designated by the bylaws or by resolution of the board.
 Any officer elected or appointed by the board of directors may be removed at any time by the affirmative vote Ofa majority Of the whole board Of directors.
 Any other officer or employee of the Corpor- ation may be removed at any time by vote of the board Of directors, or by any committee or superior officer upon whom such power of removal may De cOD1erTeQ Dg me Dy-laWS or by vote Of the board Of directors. The board of directors may not only ap point other officers o( the Corporation, but also one or more vice presidents, one or more assistant secretaries, one or more assistant treasurerS; and, to the extent provided in the bylaws, the persons so appointed respectively shall have and may exercise all the powers of president, secretary and treasurer respectfully. The board of directors from time to time shall determine whether and to what extent, and at " hat times and places and under what conditions and regulations, the accounts and books of the Corporation, or any of them, shall be open to the inspection Of the stock holders, and no stock holder shall have any right to inspect any account, book or docu- ment Of the Corporation, except as conferred by statute or by this certificate Of incorpora- yAnn or authorized by the board Of directors or by resolution Of a meeting of the stock holders or a petition signed by the holders of one-fourth ll-4I ofthe subscribed capital stock entitled 10 vote.
 Subject always to bylaws made by the stock holders, the board Of directors may by a vote Ofnot less than two-tbirds t2-3l ofall the dfrec- tors make bylaws and, from time to time may alter, amend or repeal any bylaws; but any bylaws made by the board of directors may be altered or repealed by the stock holders at any annual meeting, or at any special meeting, provided notice of such pro posed alteration or repeal be included in the notice Of such special meeting, and provided also that two-thirds T2-3l Of all the stock holders Of the Corporation agree to such amendments.
 IN WITNESS WHEREOF, We have here unto set our hands and seals on February 20, 1908.