The border vidette., 1904-07-23

persons by and to W hom transferred, the number and other designation of the shares, and the date of the transfer.
 ARTICLE ".
 SEC | The affairs of this Corpor- ation shall be conducted by Board of Directors consisting of Five mem hers. each of whom shall he Il stockholder. | and whenever any director ceases to be a stock holder he shall at the same time cease to be a director. The directors shall be elected by the stockholders ] annually, at the regular annual 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 fhe 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 remaining members of tho Board by appointment from amoEg 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 annual meet ing of the stock kholders, and until their successors are elected and qualified, the the following named persons shall con stltute the Board of Directors of said OOi NSSSllSr. T HagemGnn, Frederick Teague, A. L. Cane and Roscoe l.. Logan. A major lty of the BoaId of Directors shall con stltute quorum for the transaction of business.
 SEC. 1. Within Zen days after the election of any Board of Directors they shall meet and elect from among their mum Der the Officers of the Corporation, who shall be q President, Vice-Presi- dent, Secretary and Treasurer, and other. off tS the Boasd of Directors may deem neces- sary for the best interests Of the Cor poration.
 Sec. 5. The Board of Directors meetings at any of the offices of the Corporation.
 ARTICLE V.
 Sec. [. 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. Z The private property ot the stock holders shall be exempt from corporate debts and liabilities.
 ARTICLE VT.
 Sec. |. The time of the commence ment of this Corporation shall be the day of the filing of its Articles of In
  Recorder of Santa Cruz County. Ari- zona. and q certified copy thereof m the office of the Auditor for said Terri tory, ana the termination thereof shall be twenty five years thereafter. unless t..e same shall be renewed, or unless said Corporation be dissolved prior to that time by a majority vote of its members or by operation of law.
 ARTICLE VII
 Sec |. 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 d majority of the stock then issued; and the Board of Directors, or the holders of a majority of the stock issued, may call q meeting of the stock holders for this, or any other purpose not inconsis- tent with law, whenever 1t may be deemed advisable, but Notice of any such meeting specially called shall be gwen to each stock holder personally, 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 stockholder at the address thereof as shown by the stock books of the Corporation. post age prepaid, Fifteen days prior to the date of q meeting, shall be deemed per sonal service.
 IN WITNESS WHEREOF we have here- day of June, 1904.
 A. HAGEMANN
 F. TEAGUE
 F. P. ROSTER ROSCOE l.. LOGAN A. l.. GA NE