Arizona silver belt., 1904-06-23

| they shall be conducted by Board Of Direct ors consisting Of i've persons, wht shall be elected annually on the first M )nday in June | by the stockholders at ? O clock pm of said day, of which every stockholder h'.ll hereby take notice, and after the annual eetlng in June i9O' no person shall be eligible to the once of director unless he is stoc Sholder in the corporation Said Board of Directors shall have full power to i'll vacancies in their number, but cannot create the vacan;y arbi' trarlly and may elect such officers sni ap- point sach committee, or committees, from their own number, to aid in the man lgemeat of the business and conducting the aTasrs of this corporation as they may see it, and ves. in such officers and in said committees all such powers as they may deem expeelent.
 The folio wing-named persors who are sub scribers hereto, shall constitute the Board of Directors of this corporation for the first year and until their successors, duly qualified, shall be elected to wit Lee Cr,ndall A II More head, Theodore Grandall, W, II. Mercer and Porter W, Fleming and thereaftsr if any d. rector shall cease to be stockholder he shall cease to be director.
 Immediately or as soon as practicable after the filing Of these articles in the onice ot the county recorder of the County of Glla. Terri. tory Of Arizona, and the ii ing of n certified copy hereof with the auditor of the Territory of Arizona the pers IS named herein as di- rectors to serve for the first year and until their successors, duly qualified, shall be elect ed shall meet and org anize as a Board Of Di. rectors adopt bylaw, and prescribe 10 said Dj laws the me hod of call ng stockholders and directQrs' meetings
 The highest am punt Of indeb tedness or lia. bllity. direct or contingent, to which this cor poration is at any time to be subject Is the sun of Five Hundred Thousand lS51O. .OJO) Dol lars.
 The stockh 1lderS of this corporation and their private property shall be empt from the corporate debts Of this corporation.
 VII.
 The Board Of Directors Of thts corporation shall have power to es'abi .h bylaws and make all rules and regulations deemed expedi- ent for the management of the affairs of this corporation and the officers thereof not iu consistent with the Constitution and the laws Of the United States and the laws Of the Ter ritory or ArHOna, Salu Board or DlrectOfs shall have no power to mortgage or cucumber or sell the property Of the company without a m liority vote of the stockholders Of said company ratifylng the same.
 K.
 The officers of this company shall consist of a president, vice president, treasurer secre- tary and superintendent who shau be elected annually by the stockholders at the annual meetingin June. The ofi cerS to serve until the annual meeting in June, i9)j or until their successors. duly qualified as stockh Jliers, shall be elected, sh .ll be: Lee Crdniall pces ident w. II Mercer. vice president A. II. Morehead, treaslrer; The )dore Craudall su perintendent, and Porter W. Fleming secre- tary aud tue otficerS shall receive such com pensaton for their services aS the Board Of Directors may from time to time direct
 In witness whereof, We have hereuntO set our hands and seals this l6th day of June A.D lqO4 LEE CRANDAI.L
 W H. MERCER
 A. Ii MOREHEAD
 THEODORE CRANDALL
 PORTER W FLEMING