The Arizona sentinel., 1903-10-07
No. of Amount of
Names Of SubScrillprS
S5U,G0.00

Sixth-The capital stock shall, at such time or times as the board of directors of this cor poration shall direct, be paid into this corpo- ration. either in cash or by the sale and trans fer to this corporation of real and personal property for its uses and purposes and in payment of such property, so sold and transferred to this corporation. shares of the capital stock of the corporation may he issued and the capital stock so issued therefor shall thereupon and thereby become and be fully paid up and non-asSesSable and in such transaction the judgment of the board of directors as to the value of the property shall be final and con- elusive. as well upon the corporation itself as upon the creditors thereof and of any stock holder subscribing hereto or hereafter ac- sufrzng stock of the said corporation.
 ScxPrgth-The time of the commencement ertn5s- corporation shall be the date of the 5Eaxe or these Articles Of Incorporation in 1s4s-sSzseofsse County Recorder and the du- YzsSsoss 5TieTeof shall be twenty-five years.
 ETghtn-The affairs of thls corporation shall be conducted hy board of five directors, but such number may be increased or diminished ff9m time to time. in accordance with the by laws Of the corporation, provided the number
 
 rectors shall consist of George B. Post, John Franklin Miner, Erastus F. Pierce. Ernst H. seiple and Joseph F. Mitchell, who shall hold office until the first Tuesday after the second Monday in July, A. D. 1904. (which Tuesday tn each year thereafter shall be the time of tho annual meeting of the stock holders un- less hereafter changed or altered in accord sancc with the bylaws of the aSsociation) or ol- lg rcrtors of this corporation shall be stock holders thereof but need mot be residents of 5lsc Territory Of Arizona.
 Ninth: Tl.,, officers Of this corporation shall ttrFsfst Of a, president, vice-president, Secre- 7;sry, treasaqslrand. superintendent, and shall be eIec4eCg Ky rl.s- Board of directors i1nmedf- Aiciv sftr- eGsir GglnslaI meeting of the stock hoT6ssrs and ShaaE hold office. uutiT tsiir next sr7lalad meeting or until their sucresSers are fFe,seri. One person may, at the pleasure of sSe board, hold tine office of both treasurer .zrT secretary. The officers until the next an 1usa meeting of the stockholders, or until shs'irsuccessors are elected, shail be as fol BSss:
 John Franklin Miner, President,
 George. E. Post, e-l'rcsdeit,
 Ernst IT. Seiplc, Secretary and treasurer, EEsEStuS F.. Pierce. Superintendent.
 feuth:-The highest amount Of indebted ness or liability of indebtedness, or liability direct or contingent, to. which this corpora tion is at any time subject, shall be one hun dred thousand dollars, NwTicfa aanDuiDh d0e not exceed two-thirds of the nnuuJS Of Uh, capital stock of Incorporation
 Eleventh:-The priv vate property oftlhestOciI holders of the corporation shall be exemp from corporate debts of any kind whg4soe Twelfth-Au stock holders may vote a meetings thereof either ip person. OF h. proxy.
 Thirteenth--The stockholders sialr adop bylaws at their first meeting after the cres fiop of this corpor;&iosh in which such msrt tere of the corporation as the st0ci1hoider set, 1t nsay ss- regulated. and which bylaw nl,sy Croa-, tiTae' To rinip'be altered amended added rrsa-l,H repealed in the manuerset fort and pr0.ided for therein.
 In wlta,ess whereof we have hereunto sF ourhancts and affi xed our seals this tweuret day os Iline, in the year of our Lord on rssoasssrsd nine bundred and three
 ErastuS F.. Pierce, lSeall
 john Franklin Miner lSeall
 Ernst Fl Scpie. lSeal
 H1athy S- N hite. LSeall