The border vidette., 1904-07-09

persons by and to whom transferred. the number and other designation of the shares, and the date Of the transfer
 ARTICLE ".
 SEC. l. The affairs of this Corpor- ation shall be conducted hy Board of Directors consisting of Five mem bers, each of whom shall he stockholder. and whenever any director ceases to be stockhoIder he shall at the sarne time cease to be director. The directors shall be elected by the stock holders annually, at the regular annnal meeting of said stock holders. and shall hold office for one year and until their sue cessors are elected and qualified.
 SEC 2 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 the Board by appointment from among the stock holders. and any person so appointed shall hold office for the uneXpired term of the person in whose place he is ap- pointed.
 SEC. 3. Until the first annnal meet ing of the stockholders. and until their successors are elected and qualified. the the following named persons shall con- stitute tie Board of Directors of said Corporation: F. P Rcssiter, A. F. iagema mn. Frederick Teague, A L. Cane and Roscoe l.. Logan. A maj jor- ity of the Board of Directors shall con- stitute q quorum for the transaction of business.
 SEC. 4. 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 President, Vice-Presi- dent, Secretary and Treasurer, and such other minor officers or agents as the Boasd of Directors may eem 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 Corporation.
 ARTICLE V.
 Sec. |. The highest amount of Indebtedness or liability to which this corporatioH 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 Of the stockholders shall be exempt from corporate debts and liabilities.
 ARTICLE VT.
 Sec. l. The time of the commence ment of this Corporation shall be the day of the filing of its Articles of In corporation in the office of the County Recorder of Santa Cruz County, Ari- zona, and a certified copy thereof in the office of the Auditor for said Terri tory, and the termination thereof shall be twenty five years thereafter, unless tie same shall be renewed, or unless said Corporation be dissolved prior to that time by a ma ajority vote of it's members or by operation of law.
 ARTICLE VII. Sec. I. These Articles of Incorpora- tion may be altered or amended at any regular meeting Of the stockholders, or at any special meeting called for that purpose, by the affirmative vote of a. majority of the stock then issued; and | the Board of Directors, or the holders of q majority of the stock issued, may call meeting of the stock holders for this, or any other purpose not inconsis- ! tent with law. whenever it may be deemed advisable, but Notice of any such meeting specially called shall be gwen to each stock older personally, 1 in writing. at least Fifteen days prior to the date of such meeting. The de posit of such notice in United States ! Post Office. directed to each stock hold CT at the add ress thereof as shown by the stock books of the Corporation, post age prepaid, Fifteen days prior to the date of Il meeting, shall be deemed per- sonal service.
 IN WITNESS WHEREOF we have here- unto set our hands and seals this 18th | day of June, 1904.
 A. F HAGEMANN
 F. TEAGUE
 r. p. ROSTER
 ROSCOE l.. LOGAN
 A. l.. CANE.