Arizona republican., 1904-06-17

| 10 open, establish, conduct, mainta.n, and operate g bank or banks; savings bank, | or banks, a savings and loan assoc llon | or assoeiations; and accumulate, loan and | invest the funds of its stockholders and | depositoFS; to receive money on dGpos and loaA and invest and collect the same With interest. and 10 repay depositors with or without interest; and to regu a e | the time and the manner and the con | dftioR upon which repayment is to be made to depesitors and such funds with ! drawn; and to establish. enforce, change and regulate and control the hours of | business of such bank or banks; and to establish and enforce such bylaws and regulations for the conduct and manage | nent of the same as the board of direct ors may deem proper and to, diseount | exchange and to buy and sell foreign and | domestic exchange and 10 loan money on | real or personal property or personal se- curity, and to do a general banking busi- ness.
 At such times and places as the Bcari of Directors may determine to become positions of responsibility and trrisC: ard | to become surety, either sole or other sureiies may be required for the faithful l performance of any contract entered in O with any Perscn, firm. municipality. as- soefatton. corporation or other authority | or with any state, county, territory, dis trtet, government or public authority by any peFseR or persons. firm. association l society, or corporation or for the faith | ful performance of the duties Of any state. territorial, county, district munici- pal; national or other officer or employt e and to execute such bond undertaking or 1 recosnizaRce as may be required by law in such cases: and to become surety for | the faithful performance of the duties of any clerk, officer or employee of any in- dividual firm, association, or corporation; and generally to make, execute. and te- zance, stipulation. bond. con ract or un- | dertaking, conditioned for the faithful performance of any. duty or for doing or | refraining from doing anything in such | recognizance, stipulation. bond. undertak- l ing or contract. specified, required or per mittHd init. by law to be given or taken. employees. private corporate officials ard | employees or individual contracts and ob- ligations or uRdertakiRss in judicial pre- | eeedings.
 To take. receive and hold. control. maintain, improve, operate and hand le and repay. reconvey and in any property, real personal or mixed. which may be granted. permitted, transferr d. corporation with its consent upon any | terms, conditions. trust or trusts, what soeVer. at any time or times, by any per son CT persons. including marr ed women or minors, citizens or foreigners and a 1 | other persons body or bodies corporate | or polite. or by any court: and to admin | duties and obligations of all such trus {: | and to accent and execute the aBpo:nt- ment and office of executors admnis ra- | tors. trustees. receivers and assenees | guardian of any minor or lunatic or in | Competent person or any persons suhJect to suardianship and generally to act in | any fiduciary capacity.
 To contract for, demand collect and re- eeiVe such compensation for services rem tion for any person, firm. society. asso : I citation, corporation. soVernment, sta'e, | territory. county or municipality as the Board Of Directors may determine and agree upon with the respective parties To reniunerate any person. firm or cor ! ssar-o tfnva fCr 6nrSod nt- tn H.a l rendered in selling, placing, underwriting. ! guaranteeing or disposiHg of any of the shares of stock. bonds. debentures O. ] poration or in and about the for1nat ca, i organization, promotion. or conduct Of 1 the business of the same.
 I To do a general telegraph, tobephona electric light. railway. heating. powt T. fuel. industrial. real estate, 1arraine. lum | uring, laundry, packing, cattle, banking, uRdervFitins, bending. fidelity. indemnity. security, guaranty, mining, mi rg, irr- Eation, havigat on. PIonlet on: tfansr ee- tation. commission, abstract, life and fire ! insurance, boan, trust, savings and loan railreading, machihery. foundry, eepo it; 1 lodging house. theatrical patent, copy { right. mail carrier, hospital and sanitar- | ium. collection negotiating, contTac iRg, depository, ware house, refining. gus rd- ianship, administration. trustee and bro kerase business.
 gistered or recognized, authorized end i empowered to acQuFe pFoperty and enjoy and operate the same and carry on i,s fees and to purchase, hold, own, improve, use, sell, operate, pledge, hypo' hsea e real and personal properly. without limit as to amount, in any part nf the world. And generally to dc and perform any and all kinds of service. and 10 carry on. conduct and transact any lawful business at any time or place and with any person
 firm. society association. corporation: dis .! trict, municipality, county, state, govern ment or other authority.
 To remunerate the uireeteIs. officers. agents, .appointees, employees and se : rendered CT to be rendered
 To enjoy all of the privileges and inn and to take advantage of all iaws; now in force or that may be hereafter snac ed
 To do any and everything necs S. ary. comnlishment of any oi all of the pur- noses or the attainment of the oDje cts nereinbefore enumerated, or which at any time may be conducive or eXpedieui or advisable for the benefit or prote ction of this corporation and in general to engage iE any and all kinds of lawful business and to make, perform and enforce any and all kinds of contracts whatsoever that a natural person might could or would do or perform.
 | Any or all of the things, objects ard purposes herein enumeIated and &utl.e or iZed to be done shall be done and per formed at such time or times and at such place or places and upon such terms and conditions and for such compensa ton and ] in such manner as the board Of directors shall, from time to time, deterrline and , direct and not otherwise.
 ARTICLE Ill.
 The authorized amount or capital stock of this corporation is and shall be one 1 hundred thousand G100,U9o) dollars divided into one thousand shares of the par value of one hundred (s10o) dollars each and the same shall be paid in at such tmc 8 and in such manner as the Board of Dr. rectors shall direct in cash or its eQuiva- lent: and all shares when issued. shall be fully paid and forever non-assessable; and no stock shall be issued or sold for less than the par value thereof.
 ARTICLE ".
 The time of the commencement of this corporation shall be the date of the fling of these Articles of Incorporation in ,he office of the County Rec order of Mari eopa County, Arizona, and certified copy thereof in the office of the Territorial Auditor of Arizona, and the terminal on thereof shall he twenty-five years there after. but the same may be renewed ana extended.
 1 ARTICLE V.
 ! The affairs of this corpora ion shall be conducted by a Board of Directors cor . sisting of seven stockholders; whi h
 Board of Directors shall be e.ected by the stockholders as follows: The annual