The border vidette., 1904-04-23

the purposes of said corporation; to manufact- ure electricity, obtain rights of way erect poles, string wires. and buy sell electricity; to en gage in and carry general brokerage ;Iusi- ness; to engage in, carry and control gen eral mercantile and real estate business, and to that end to deal in any and all commodities of every kind and nature conducive to the success- full conduct of said business; to buy. own. con tract for, feed, sell or otherwise dispose of or handle cattle. and to do and carry O all things pertaining to the cattle business; to buy. pre- cure, hold, own sell, construct, equip, mort gage, maintain and operate railroads tram ways, stage-lines. automobiles, and any and all other kinds of transportation. including equip ments thereof and therefor for mining for trans porting, or for any other lawful use or business. including boats, bargcs. steamships, sailing vessels and any and all kinds of water craft: to own. handle and control letters pat ent- patents and inventions' to purchase or otherwise acquire, hold, pledge, hypotheca.e, sell or otherwise dispose of shares of the cap ltal stock of other corporations; to borrow money and execute notes. bonds, mortgages and deeds of trust to secure the same; to do and perform all matters and things necessary. expedient proper to carry out the pur poses and businesses or act for which individuals may lawfully associate themselves together to perform. and to do and perform every act and thing which it is lawful for natural persons to do; all of which businesses occupations may be carried at such places either in the United States or foreign countries the Board of Directors may consider for the best interests of the corporation.
 k The amount of the ca pital stock of this poraton shall be One Million Dollars (S1 .Ooo.- OOO.oc) divided into One Hundred Thousand shares of the par value of Ten Dollars (S1o.oO) each. At such time and under such conditions the Board of Directors may direct, said cap ital stock shall be paid into the corporation, either in cash or by the sale transfer to it of real or personal property for the and purposes of the corporation. in payment of which, shares of the capital stock shall be g. sued, and said stock. when issued. shall be fully paid and non-assessab ble. The capital sock may be increased decreased by the affirmative vote of majority of the stock then issued; but in case of the increase of the capital stock, each shareholder shall have the privilege of subscribing for such number of shares of the proposed increase as he may be entitled to according to the number of shares held by him before the stock is in creased.
 The highest amount of indebtedness or Iia- blity, either direct contingent, which this corporation is at any time to subject itself. shall not exceed the sum of Two Huntlred and Fifty Thousand Dollars tS250,O00.Oo) and the private property of the stockholders of this corporation shall be exempt from the payment of it's corporate debts
 VII
 The business affairs of this corporation shall bo conducted by d Board of Directors consist ing of not less than five moro than seven members, each of whom shall be q stockholder: and whenever any Director ceases to be stock holder he shall at the same time cease to be q Director. They shall be elected annually by the stockholders at their regular annual meet ing which shall be held at any of the offices of the corporation the first Monday of Decem- Der of each year, and shall hold their office until their successors are elected and qualified. Any vacancy in the Board of Directors may be | filled by the remaining members of the Board ! by appointment from among the stockholders. and such appointment shall be for the the un- expired term for which the appointment is made. The first Board Of Directors shall con sist of the incorporators whose hereto subscribed. majority of the Board of Directors shall constitute quorum for the transaction of business.
 VIII.
 | Within ten days after the election of any Board of Directors they shall meet at the prin- cipal office of the company. to-wIt, at Nogales, Arizona, and elect the officers of this corpor- ation, which shall be President, Vice-Pre- sident. n Secretary and Treasurer. and such other minor officers agents the Board of Directors may deem necessary for the best in l terests of the corporation The President and the Secretary and the Treasurer shall be mem bers of the Board of Directors and the office of Secretary and that of Treasurer may both be flied by the Director. All the officers shall hold their office during the Ii of the Board of Directors by whom they elected. and until their successors elected and qualified. unless sooner removed by vote of two-thirds of the directors Until the first annual meetn., of the stockholders the follow ing named shall constitute the officers of this corporation, to-wit: s. G. E. Rutherford, President: N. K. Noon, Vice. President; w F. Hannon Treasurer. and G. k French, Secret ary.
 These Articles of Incorporation may be altered amended ut any regular meeting of the stockholders, at any special meeting called fog that purpose. by an affirmative vote of Il majority of the stock then issued; and the Board of Directors any three stockholders may call Il meeting of the stockholders for that, any other purpose not inconsistent with | law, but notice of such proposed amendment shall be ;;v, to each uckholder, either per sonally in writing. at least twenty days prior to the meeting at which such amendment shall be voted upon.
 IN WITNESS WHEREOF have hereunto set our hands and seals this ith day of April, 1901.
 $. G. E. RUTH ERFORD Seal
 N. K. NOON Seal
 w. l. HANNON Seal GEORGE K. FRENCH, Seal