The border vidette., 1903-06-20

tion of the directors in each year. the hoard of directors shall hold their annual meeting and shall elect president. vice president, trea- surer and secretary, to succeetl those whose terms expire. an-l such other officers as the board may determine.
 SEC. 1.-The board of diriectOrs shall have power to establish by laws, and to make and enforce all rules and regulations necessary for the management of the affairs of the company not inconsistent with law.
 SEC. 5-An officers of the company who sign, endorse checks or handle any funds se- curities, shall be required to give bonds, Fidelity insurance, for he faithful perform ance of their duties, with sureties to be ap- proved by the board of directors, in such reasonable amount as will protect the company, and no such officer shall enter upon the duties of his office until ms bond is approved by the board of directors. All such bonds shall be increased or additional snreties required by the board of directors whenever necessary to pro- tect the interests of the comI any, and any per son failing to give such additional bond, sureties, when required, shall forfeit his office and position and all the rights and emOluments thereof.
 SEC. 6-The board of directors and the stock holders shall. both, have the power to hold meetings and transact business in Mexico: Nova Scotia, Canada: and in the State of Iowa, U. 5. A. and at such other places as may be de- termned by the board of directors stock holders.
 ARTICLE V
 COMMENCEMENT AND DURATION. SEC. This corporation shall commence as soon as these Articles of Incorporation are filed for record in the office of the County Re corder of santa Cruz County, ArIzona Terri tory U s. A. and in the office Secretary of the Territory of Arizona U. s \. and shall terminate twenty five years thereafter, unless sooner dissolved provided by law, and may be renewed or extended from time to time in the manner provided by law.
 ARTICLE VI,
 INDEBTEDNESS AND LIBILITY. SEC. 1.-The highest amount of indebtedness both direct and contingent, to which this poration IS at any tune to subject itself that may be lawfully incurred by the corporation shall not exceed ten thousand dollars. No debts carlbc incurred, except by the authority of the board of directors
 SEC. 2-The private property of the stock holders shall be exempt from corporate debts and liabilities.
 ARTICLE VII. MEETINGS OF STOCKHOLDERS. SEC. i-The regular annual meeting of the stockholders of this corporation, for the cleo tion of directors, the submission of the annual reports of the officers, and the transaction of such other business as may legally come before the stockholders. shall be held in the City of Nogales, in the Territory of Arizona, US. A or. ill the City of Des Moines. Iowa, U. $. 4. or Halifax Nova Scotia, as the board of direc- tors may determine, on the fourth Thursday Of the month of January of each year. SEC. Especial meetings of the stockholders shall be held at such time and places as may be ordered by the board of directors
 Notice in writing of all meetings of the stock holders, shall be mailed to each stockhoIder at his or her address, shown by the stock books of the company, and shall be so mailed at least ten days prior to sucn meeting. Such notice shall state in general terms the nature of the business to be transacted at such meet ing. The deposit of such notice in the Post Office. postage prepaid, shall be held and deemed notice in fact to such sto.kholder.
 ARTICLE VIII.
 AMENDMENTS.
 SEC. I-Thesc articles of incorporation may be ammended at any r, gular special meeting of the stockholders of the company. Tn the manner provided by law.
 IN WITNESS WHEREOF we have hereunto set our hands and acknowledged the said Articles of Incorporation, this lIth day of April A. D. l9,:i.
 CHARLES CRANE
 J. M. GOODSON
 E. H. HITTING
 l.. C. BRIG KER
 D. B. DROWN
 E. II. DECKER
 Il. J. DEARUS
 J. T. FELLOWS
 H. II REYNOLDS
 NATHAN E. COFFIN
 OHEN RUFFCORN.