Arizona republican., 1903-04-08

shall consist of three million (3,Oo0, ,00o) shares of the par value of one dollar S1.0O each, said stock upon being is- sued to be fully paid and non-assess. able.
 ARTICLE ".
 This corporation shall commence business when it's articles of incorpora- tion are filed with the County Recorder of said Maricopa County, Arizona, and it shall continue twenty-five years therefrom.
 ARTICLE V.
 The affairs of this corporation shah be conducted by a Board of Directors of five stockholders, who shall be elect ed annually on the second Tuesday in January of each year. and until sucA time the following shall act as Direct ors: W. T. Carter. J. M. Graybill, Y. s. G. Todd, w. w. Wilson and w. F. Carpenter.
 ARTICLE VI.
 The highest amount of indebtedness or liability to which this corporation shall subject itself shall be the sum ot One Hundred Thousand Dollars (s10u,- 0OO.O0).
 ARTICLE VII.
 The private property of the stockhold- CTS of this corporation shall be exempt from the debts of this corporation.
 ARTICLE VIII. These articles of incorporation may be amended by two-thirds vote of the stockholders of this corporation at any regular meeting of the stockholders, or any Snapia1 r,oaptinc oa1la6 for. t1,of r,,1r- pose. and the amendment shall be filed with the County Recorder of said Mari copa County, and printed as required by law.
 ARTICLE TX. The Board of Directors of this corpo- ration may adopt bylaws for this cor poration at their first meeting. The election of directors and the stockhold- CTS annual meeting shall be held or the second Tuesday in January of each year.
 In witness whereof we have hereunto set our hands and seals this 21st day of Feby, 1903.
 w. T. CARTER. (Seal)
 J. NJ. GRAYBILL. (Sean
 U. s. G. TODD. (SeaD
 W. w. WILSON. (SeaD
 w. F. CARPENTER. (SeaD State of California, County of Los Angeles, ss. On this 21st day of February. in the year one thousand nine hundred and three before me. Beatrice Wilkins, q Notary Public in and for said Los An geles County, residing therein. duly commissioned and sworn. personally appeared w. T. Carter. J. NJ. Graybili U. s. G. Todd. w. W. Wilson and w. T. Carpenter known to me to be the persons whose names are subscribed tc the within instrument. and acknowl edged to me that they executed the same.
 In Witness Whereof, I have hereunto set my hand and affixed my official seal at Los Angeles in said County, the day and year in this certificate first abov= written.
 (Notary SeaD
 BEATRICE WILKINS,
 Notary Public in and for Los An
 geles, California, State of
 California. Territory of Arizona.
 County of Maricopa, ss. I, B. F. McFall. County Recorder 1T; and for the County and Territory afora> said, hereby certify that l have com pared the foregoing copy with the original Articles of Incorporation of the FRANCES MINING, MILLING & GRINDING COMPANY, filed and re- corded in my office on the 2nd day oi March, 1903. in Book No. fl of Incorpo> rations, at Page -, and that the salnt is full, true and correct copy of such original and of the whole thereof Witness my hand and seal of office. this 2nd day of March, 1903. (Seal.) B. F. McFAIL.
 County Recorder. By A. s. ARTHUR, Deputy. Filed and recorded in the office of the Secretary of the Territory of Arizona this 2d day of March. A. D. 1903. a, 3 D. m. ISAAC T. STODDARD,
 Secretary of AriZon, T@:x 1Q02