The border vidette., 1903-11-21

thereto. until regularly entered upon the books of the corporation. showing the names and addresses Of the persons by and to whom transferred. the nnyn- Der and other designation of tho shares, and the dato of the transfcr. ARTICLE N. SEC The affairs of this corporation shall be coud ducted by board of direct ors consisting of Five mem bers, each of whom shall be d stock holder, and whom eyer any director ceases to be a stock holder he shall at the same time ceasG to be a director. The directors shall be elected by the stockh h olders annual ly, st the regular annual meeting Of said stockholders. and shall hold office for one year and until their successors are elected and qualified.
 SEC 2-the annual TreetinT Of tho stock holders may be held at any of the offices of the corporation, and shall ba held on the last Tuesday of November in each rezr Any vacancy in the Board of Directors may be flied by tin. remaining members of the board by appointment from among the stock holders. and any person so appointed shall hold office for the unexpired term oF the person in whose place he Is np- pointed.
 SEC. 5 Until the first anunl meeting ot the stOck holders. and until their successors are elected and qualified. tho following named oersons shall constitute the Board of Directors of said cor noration: Roscoe l.. Logan, L. X. IeaGae, A. Cane, C. O'Brien Re0din and H. B II. Miller. A majority Of the Board of Directors shall constitute q quorum for tue transaction of bu~i- ness.
 SEC. 4-W-itfin ten days after tho election of any Board Of Directors thcy shall n;eet and elect from among their mum Der the officers Of this corporation, who shall be pvesiden vice president, secr@t2rF and tgeaSa-sr, an0 suoh other. minor officers or agents as the Board of Directors nay deem necessary for the best interests of the corporation.
 SEQ , -The Board Of Directors shall have the power to hold it's meetings at any Of the offices Of the corporation.
 ARTICLE Y.
 SEC. I-Tbe highest amount Of iudeb- tecness or Inability to which this cor poratlon Is at my time to subject itself, shall not exceed the sum of Two Hun dred and Fifty Thousand Dollars. and no debts shall be incurred except by authority of the Board of Directors
 SEC ? The private property Of the stock holders shall be exempt from cor porate debts and liabilities.
 ARTICLE VT.
 SEC. l-The time of the commence ment nj this corporation shall be tho day Of the filing of it's Articles of In- corporation in the office of the County Recorder Of Sauta Cruz County. Ari- zona. and certified copy thereof in the effice of the Auditor for said Terrl- tory. and the terminatlon thereof shall be twenty-five years thereafter. unless the same bs renewed, or unless said corporataion be dissolved prior to that time by majority vote of it's mem berB or by operation of law.
 ARTICLE VII.
 SEC. 1-These Articles of lnc0rpor- atiou may be altered or amended at any regular meeting of the stock hold CTS, or at any special meeting called for that purpose, by the affirmative rote Of majority Of the stock then issued and the Board of Directors, or the holders of majority of the stock issued. may call o meeting of the stock holders for this, or any other purpose not incon- Sissent with law, whenever 1t may deemed advisa ble, but Notice of any such meeting specially called shall be given to each stock holder personally, in writing, at least Fifteen days prior to the date of such meeting The de posit of such notice i'll 2 United States Post Office. directed to each stock holder at the address thereof as shown by the stock books of the corporation, postage prepaid, Fifteen days prior to the date Of a neetizg, shall be deemed personal service.
 hereunto set our hands and seals this 10th, day of October. A D., 1905.
 L. 4. TEAGUE
 A. CANE
 A l.. CANE