The Arizona sentinel., 1903-09-30
No. of Amount of
Names of
Subscribers.
SM.Mn.nO

Sixth-The capital stock shall, at such time or times as the board of directors of this COZ 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-asseSsabe, 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- quf-iug stock Of the said corporation.
 sseventh-The time of the commencement OrthIs corporation shall be the date of the ffnE Of these Articles of Incorporation in theofseeS<She COsRrlty Recorder and the du- rrtfOn thereof shah rs> twenty-five years
 Eighth-The affairs of thrS corporation shall be conducted bv a board of five directors, but such number may be increased or diminished from time to time. in accordance with the by laws of the corporation, provided the number
 
 rectOrs shall consist of George R. Post. John Franklin Miner, Erastus K. Pierce. Ernst H. Seiple and Joseph F. Mitchell, who shall hold office until the first Tuesday after the second Monday in July, A. D. 1901, (which Tuesday fn each year thereafter shah be the, time of the annual meeting of the stockholders un- less hereafter changed or altered in accord ance with the bylaws of the assocfationt or F1,,sr rectors of this corporation shall be stock holders thereof but need Rot be residents of fhe Territory Of Arizona.
 Ninth: The officers of this corporation shah consist Of 8 president, vfee-prpsident secre- 1sfry, tresssIrrer Sdld superintendent and shall be elected tes ths- an.rrd of directors fnrrneti- sstely artcS e1ssh annual meeting os" tsse stock bOlders and shsslf hold office untif the next snnusi meeting or until their successors are elected One person may, at the pleasure of the board, hold inc office Of both treasurer sud secretary. The officers until the next an- nua meeting of the stockholders, or until their successors are elected, shall be as fol- Rows:
 John Franklin Miner, President,
 George B. Post, Nice-PpsideEt,
 Ernst If. Seiple Secretary and treasurer, E:r5stus F. Pierce. Superintendent.
 7;cnth:-The f1is hest amount Of indebted ness or liability Of indebtedness, or liability, direct or contingent, to which this corpora fion is at any time subject, shall be one hun dred thousand dollars, which amount does not exceed two-thirds of the amount of the capital stock Of the corporation.
 Eleventh:-The private property ofthc stock holders of the corporation shall be exempt from corporate debts Of any kind whatsoever Twefth-All stockholders may-~vote at meetings thereof, either in person or by proxy.
 rhirteenth-The stockholders shall adopt bylaws at their first meeting after the erea- ton of this eori51rstiOIt, it which such mat terS Of the corporation aS the stockholders see fit may be regulated, and which bylaws may from time to time be altered amended RdGceI tO and repealed in the manner set forth and pro yided for therein.
 in witness whereof we have hereunto set our hands aEd affixed our seals this twentieth day Of June, in the year Of our Lord one Lhouszud nine hundred and three.
 Erastus F. Pierce, ISeaIl
 John Franklin Miner, TSeall
 Ernst H. Seiple. lSeall
 Timothy $. White, [Seal!