The border vidette., 1904-07-02

persons by and to whom transferred, the mum Der and other designation of the shares, and the date Of the transfer
 ARTICLE ".
 SEC. l The affairs of this Corpor- 1 ation shall be conducted by Board of Directors consisting of Five members, each of whom shall be a stock older. and whenever any director ceases to he n stockhOlder he shall at the same time cease to be a director. The directors | shall be elected by the stock holders ] annually. at the regular annual meeting of said stock holders. and shall hold office for one year and nntil their sue cessors are elected and qualified SEC. ?. The annual meeting of the stockholders may be held at any of the offices of the Corporation, and shall be held on the third Wednesday of July in each year. Any vacancy in the Board of Directors may be filled by the remaining members of tho Board by appointment from among the stock holders. and any person so appointed shall hold office foi the unexpired term Of the person in whose place he is ap- pointed.
 SEC. 3. Until the first annual meet ing of the stock holde CTS, and until their successors are elected and qualified, the the following named persons shall con- stitute the Board of Directors of said Corporations: F. P Rossiter, A. F. Hagemann. Frederick Teague, A. l.. Cane and Roscoe l.. Logan. major ity of the Board of Directors shall con- stitute quorum for the transaction of business.
 SEC. I. Within Zen days after the election of any Board of Directors they shall meet and elect from among their number the Officers of the Corporation, who shall be a President, Vice-Presi- dent, Secretary and Treasurer, and such other minor officers or agents as the Boasd of Directors may deem neces- sary for the best interests of the Cor
 Sec. 5. The Board of Directors shall have the power to hold its meet meetings at any of the offices of the 
 ARTICLE V.
 Sec. l. The highest amount of indebtedness or liability to which this corporation is at any time to subject itself, shall not exceed the sum of Ten Thousand Dollars, and no debts shall be incurred except by authority of the Board of Directors.
 Sec. 2. The private property ot the stock olders shall be exempt from debts and liabilities.
 ARTICLE VI.
 Sec. |. The time of the commence nent of this Corporation shall be the lay of the filing of its Articles of In in the office of the County Recorder of Santa Cruz County, Ari- .ona. and q certified copy thereof in he office of the Auditor for said Terri ory, and the termination thereof shall De twenty five years thereafter, unless .:.e same shall be renewed, unless aid Corporation be dissolved prior to hat time by Il majority vote Of its nem bers or by operation of law.
 ARTICLE VII
 Sec I. These Articles of Incorpora- ion may be altered or amended at any egular meeting of the stockholders. or It any special meeting called for that purpose, by the affirmative vote of he Board of Directors. or the holders # majority of the stock issued, may all meeting of the stock holders for his. or any other purpose not inconsis- ent with law. whenever it may be eemed advisable, but Notice of any uch meeting specially called shall be .Iven to each ockhOlder personally, D writing, at least Fifteen days prior O the date of such meeting The de osit of such notice in United States lost Office. directed to each stockholder t the address thereof shown by the took books of the Corporation, post ge prepaid, Fifteen days prior to the ate of meeting, shall be deemed per onal service
 IN WITNESS WHEREOF we have here- nto set our hands and seals this 10th ay of June. 1904.
 A. r HAGEMANN
 r. TEAGUE
 r. P ROSSITER
 ROSCOE T.. LOGAN
 A. L. CANE.