Arizona republican., 1904-02-09

son, or corporation in the transaction of any lawful business:
 3d. To accept and to execute the office of eXecutor administrator. trus- tee, receiver or assignee. or guardian of any minor. incompetent person. luna . tic. or any person subject to guardian | ship, and to act in any other fiduciary | capacity;
 4th. To examine titles and make and certify abstracts of title, to guarantee | or insure to grantees the validity of titles in real estate transfers, at a rate of compensation. and upon such terms and conditions as may be agreed upon, 5th. to lease, purchase, hold and con vey all such real and personal property as it may deem advisable, or as may be necessary to carry on it's business, as we'll as such real and personal prop erty as it may deem necessary to acquire in the enforcement of settle ment of any claim or demands aris- ing out of it's business transaction, and to execute and issue in the transaction of its business all necessary receipts. certificates and contracts. which shall l be signed by such person or persons as may be designated by the bylaw 8 of the corporations;
 9th. To loan money upon real estate and collateral security, and to execute and to issue its notes and debentureS. payable at d future date, and to pledge It's mortgages on real estate and other securities as security therefor; to take and receive from any individual or cor poration, on deposit for safe keeping and storage, gold and silver plate, jew elry, money. stocks. securities. and other valuable and personal property. and to rent out the use of safes aud other receptacles. upon such terms and for such compensation as may be lagreed upon.
 7th. To accumulate and loan the funds of it's members, stockholders and depOsitors, and the funds of the cor poration; to receive deposits of money loan, invest and collect the same with interest and repay depositors with or without interest; to receive moneys in trust or on deposit and to accumulate or loan the same at such rate of inter- est as may be obtained or agreed upon land to allow such interest thereon as may be agreed upon; to buy, own, hold and sell all kinds of government, state territory, municipal and other bonds and all kinds of negotiable and non- negotiable instruments, paper, stocks and other securities.
 Sth. To do any and all acts and thing. pertaining to or that may be connected with the purpose and objects abov, specified, or that may be necessary or convenient or useful to the main pur- poses of the corporation, in carrying or a general banking and trust company business.
 ARTICLE ".
 The amount of capital stock of thi, corporation is two hundred thousand is2OO. 100000 dollars divided into two thousand (2.0OO) shares of the pal r value of one hundred (S100) dollars each. One hundred and fifty thousand CS15O. .00O.0O) dollars of said stock shal be subscribed, paid for and issued be- , fore the corporation commences tho , transaction of any business other thar its own organization: the balance of saiC capital stock shall be issued at sucl times and in such amounts as the boar. of directors may determine; provided that all stock shall be sold for q price not less than par and be paid for 1T cash or It's equivalent in real or per s sonal property.
 ARTICLE V.
 < The time of the commencement O this corporation shall be the date of tn filing of these articles of incorporation . with the auditor of the territory O , Arizona. and the termination thereO shall be twenty-five years thereafte'
 ARTICLE VT.
 The annual meeting of stockhoder , shall be held at the office of the corpor l ation in the city of Phoenix. territor f of Arizona. on the second Tuesday l. s December of each year at o'clock il the afternoon, of which every stock r holder will hereby fake notice: q 1 which meeting there shall be elected f board of directors consisting of fou persons who shall be stockholders an . who shall hold office for one year O , until their successors are duly electe s and qualified.
 The officers of this corporation sha F be a president. vice. president. secre , tary and cashier and the board of di = rectors elected at each annual meetin , shall immediately. or as soon as prac = tical after Their election, meet all ', elect such officers. The president vice = president and secretary shall be electe = from the members of the board C
 directors The board of directors ma | create such offices as they from tim I to time determine and fill them by a . election, and may elect or appoint a executive committee and such other ol II lficers and agents as they may deter
 mine.
 ARTICLE VII.
 The board of directors shall conduC
 the affairs of the corporation and sha
 have the power to appoint such agent
 to aid in the management of it's busi
 ness and in the conducting of the ai
 fairs as they may from time to tim
 deem advisable, and may vest in sue
 agents such powers as they may deer
 eXpedient.
 ARTICLE VIII. \ Bylaws and all rules and regulation . deemed expedient for the managemer ' of the affairs of this corporation an
 the officers thereof not inconsister = with the laws of the United States an if the laws of the territory of Arizon
 shall first be made by these incorpora
 tors, and thereafter by the stockholdeI at any annual, or at any special meet II ing called for that purpose. ARTICLE TX.
 The following named persons. Wh f.1 Gfn 4