The border vidette., 1904-07-23
ARTICLE V.

That the time of the commencement of this corporation shall be the date of the filing in the office of the Auditor of the Territory of Arizona of a certified copy of these articles of Incorporation. and the termination thereof shall be twenty five -25-years thereafter ARTICLE VI. That the business of this corporation shall be conducted and controlled by a Board of Direct ors consisting of --- Directors who shall be stockholders elected t the annual meeting of the stockholders of this corporation the first Board of Directors however, to be P- J. Tehaney. J. A. Campbell, T. Evans. J. M. Walsh, r. R. Lucas. F. A. AIosher. and G. ". Arnett, all of the City of Canan-s, Sonora, Mexico. and all of whom shall hold their office. until the third Thursday in June. 1905. and until their successors are elected and qualified; that the Board of Directors herein cited may 1t any time be increased t" any uneven number not exceeding nine > with parties who shall be stockholders: that the Board of Direct shall have tine power to make and enforce by- laws. rules. and regulations. not inconsistent herewith. and in conflict with the public law. for the government of themselves and the incorporation and such bylaws. rules and guiations may be adopted. amended abrogar- ed at any meeting of the said Board of Direct ors; and that the said Boa r,l of Directors shall have power To meet Ut any place by them de signated
 ARTICLE VII.
 That the officers of this corporation shall be President, Vice President Secretary. and Treasurer, and such other otiicers the Board of Directors may from time time deem necessary; that the officers herein descrlbed shall be members of the Buard of Directors.
 ARTICLE VIII.
 That the annual meetings of the stockholders. shall be held the third Thursday of the month of Jnne of each and every year. Special meetings of the stockholders may be called at any time by the executive officer of the cor Doratlon when first authorized to do 50 by a majority vote of the Board of Directors. and such msstlngs shall be called whenever a re- quest therefor signed by fifty 50 per cent per cent of the stock actually issued and out standing shall be presented. Notice of all meetings; shall be given by mailing said notice to the last known address of each stockholder nt least fifteen -lJ-days prior to tke date of meeting: said notice shall state time and place of meeting together with the business in gen erai terr2.s. to be transacted. and by publish ing a copy of such notice in paper of gen. erui circulation in S ,nta Cruz County, Arizona for at least two weeks prior to such m. eting.
 ARTICLE TX.
 That the highest amount of indebtedness and liability direct or contingent to which this cor poration is at time to subject itself shall in no case exceed the of One Hundred Thousan l S-loO,OOO.oO Dollars United States Currency, except upon the written consent of the holders of -G0 per cent per cent. of more. of the stock of this corporation actually issued 1Aii1 eS'aii"ins Ut iHe time the oDiiSatlon IS incurred, and in no case shall any indebtedness be incurred to an amount exceeding tWo-thirds > of the outstanding capital stock of this 
 ARTICLE x.
 That the private property of the stockholders of this corporation shall be wholly exempt from any and all liabilities for the Cor .orate debts and liabilities of this corporation.
 ARTICLE XI.
 These Articles of Incorporation may be amended zt any annual meeting of the stock holders or at any special meeting called for the purpose by 8 majority vote of the stock actual y issued and outstanding.
 IN WITNESS we have hereunto set our hands md seals this 18th day of July. A. D. 1904.
 ?. J. TEHANEY
 G. ". ARNETT.