The Arizona sentinel., 1903-07-01

and may be paid for at the time of it's is stance in cash, property services or any other equivalent or valuable consideration.
 Fourth: The time of the commencement Of the existence of this corporation shall be the date of the filing of these Articles of IncOrp- oration for record in the office Ofthe Auditor of the said territory of Arizona, and the termina- ton of the existence of this corporation shall be twenty-five years from and after said date, provided, the directors anfi stockholders or the directors or stockholders may, if they see ii so to to do before the expiration of said twenty-five years, renew the same from time to time for period of not exceeding twenty five years in any one renewal.
 Fifth: The affairs and business of this cor pOration shall be conducted by Board of two directors, each and all of whom shall be stockholders in said corporation. Said di- rectors shall be elected by the stockholders of this corporation at the annual meeting of the stockholders, and said annual meeting of said stockholders shall be held upon the first Tuesday in October at the hour of ten o'clock in the forenoon in each year, provid- cd that the persons who shall act as directors 
 constitute the Board of Directors of this cor poration until said meeting is held, or until their successors are elected and qualified, are the above mentioned Charles w. Bryson, and Marshall II. Woodland.
 Sixth: The officers of this corporation shall be and consist of President and Secretary and such other officers as the Board of Di- rectors may see fit to elect or appoint, The aforesaid first mentioned officers shall be elected by the Board of Directors. Within ten days ofter the election of the directors at any annual meeting of the stockholders, the said directors shall elect their officers as herein provided And for the first year or until the holding of said annual meet ing inc directors shall elect said officers from among their number within ten days after the filing of these articles in the office of the said auditor of the territory Of Arizona.
 Seventh: The highest amount ofindebted- ness or liability direct or contingent to which this corporation is at any time to subject it- self, is in the sum Of Twenty-three Thousand Dollars (S23,OG0).
 Eighth: The private property of the Stock holders of this corporation is and shall at all times be exempt from any and all corporate debt or debts of this corporation, and the stockholders thereof are and shall at all times be personally exempt from any and all liabiii- ty for any debt or debts of this corporation.
 Ninth: The objects and purposes for which said corporation is created and organized is to loan money with or without security, to receive and accept, hold and possess as se- curity for money loaned pledges of personal property, and to act as pledges or pledgors of personal property, and to have and receive prOmissOry notes or other evidences of in debtedneSs from parties borrowing money from this corporation, and to sell and nego- tiate the same and to sell property which may be pledged toi as security for loans; to accept as security for money loaned mortga- ges upon both real and and personal property and to execute both chattel mortgages and mortgages on real estate, and to execute and releases for the same. To loan and borrow money, to make and issue promissory notes, bills of exchange, bonds, debentures and evidences of indebtedness of all kinds whether secured by mortgage, pledge or otherwise, and to secure the same by mortgage, pledge or otherwise.
 To hold, purchase or otherwise acquire, to sell, assign, transfer, mortgage, pledge or oth- erwise dispose of the capital stock and bonds, debentures providence of indebtedness creat- ed by other corporation or corporations, and to buy and sell personal property, and to act as the bailee or bailor for personal property.
 To issue shares of stock, debentures, de- benture stock, bonds and other obligations. To invest the money so obtained in and to hold, sell and deal with stock, shares bonds and SpcuritipS Of Dn tiD11 either nj bile or private to make advances upon and to hold in trust, issue on commissions, sell or dispose Of any investments aforesaid, or to act as agent for any of the above or like purposes.
 To acquire by purchase, loans, exchange, hire or otherwise lands or any interest there in, and to erect and construct houses and buildings of different kinds upon aLy land of the company or other lands: to sell, lease let mortgage or otherwise dispose of the lands houses or buildings or other property of the Company.
 To carry on a general loan business; to do any or all things in these Articles set forth as objects, purposes, powers CT otherwise, to the same extent and as fully as natural persons might or could do, as principals, agents, trus- tees or otherwise.
 In witness whereof, the heTeinabove named incorporates have hereunto set their hands and seals this 27th day of May, A. D. 1903.
 CHARLES ". BRYSON. Seal
 MARSHALL II. WOODARD. Seal State of California, County ofLos Angeles, fss.
 Before me, F. w. WiSmer Notary Public in and and for the County ofLos Angeles, State of California, duly commissioned and sworn, on this day personally appeared Charles ". Bryson, and Marshall II. Wood ard, each of whom are known to me to be the persons whose names are subscribed to the foregoing instrument, and each of whom for himself, and nOtfor the other, acknowledged to me that he executed the same for the pur- poses and considerations therein expressed.
 Given under my hand and seal of office this Eth day of May, A. D. I903
 My commission as notary expires March, Fist. l9O3. FW. WIsMER
 (Notarial SeaD
 Notary Public in and for the County of Los Angeles. State of California.
 First publication July l, 1903.
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