The border vidette., 1904-04-09

the purposes of said corpnrat ion; to nanufact- ure electrcity. obtain rights Of way er.cr Po!o<. string wires. and buy sell elect tricity: to gage in and carry general brokerage i,usi- ness; to engage in. carry and control gen 'tal mercantile and real estate business. and to that end to deal in any and all commentaries of every kind and hafure conducive to the success fui conduct of said business: tp bay. own. | tract for, feed. sell or otherwise disp"Ss, of handle cattle and to do and carry all things pertaining to the cattle busines ss: to buy. pro cure, hold own, sell, construct. equip mort gage. maintain and operate raiIrcads tram ways stage-lines. automobiles. and any and all other kinds of transportation. includin" equip ments thereof and therefor for mininl, for trans porting. or for any other lawful business, incluiin, boats, barges. steamships. sailing vessels and any and all kinds of water craft: to own. handle and control letters pat ent. patents. and inventions: to purchase otherwise acquire hold, pledge, h! pothec:'e e. sell or otherwise dispose of shares of the cap- ital stock of other corporations; to borrow money and execute notes. bonds, mortgages an'i deeds of trust to secure the same; to do and perform all matters and things necessary. expedient proper to carry out the purposes and businesses act for which individuals may lawfully associate themselves together to perform, and to 60 and perform every act and thing which it is lawful for natural persons to do; all of which businesses occupations may be carried on at such places oither in the United States or foreign countries as tn. Board of Directors may consider for the best interests of the corporation.
 The amount of the capital stock of this poration shall be One Million Dollars (SI Oo0.- 0OD.Oc) divided into Che Hundred Thousand shares of the par value of Ten Dollars (SIO.00) each At such time and under such conditions as the Board of Directors may direct, said cap ital stock shall be paid into the corporation. either in cash or by the sale or transfer to it of real or personal property for the and purposes of the corporation. in payment of which, shares of the ca pital stock shall be sued, and said stock. when issued. shall be fully paid and non-assessable. 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 the number of shares held by him before the stock is in l creased.
 The highest amount of indebtedness lia- bility, either direct contingent, O which this corporation is at any time subject ts-If. shall not exceed the sum of Two HundreI ani Fifty Thousand Dollars tS250.ooo.Oo:) and the private property of the stockholders of tnis | corporation shall be exempt from the pay ment of its corporate debts
 VII
 The business affairs of this corporation shall be conducted by d Board of Directors consist members, each of whom shall be q stockholder: and whenever any Director ceases to be q stock holder he shall at the same time cease to be !, 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 appoint ment from among the stockholders. and such appointment shall be for the the un- expired term for which the appointment is l made The first Board or Directors shall con sist of the incorporators whose names hereto subscribed- 4 majority of the Board of | Directors shall constitute quorum for the | of business.
 Within ten days after the election of any | Board of Directors they shall meet at the prin- cipal office of the company. to-wIt. Nogales, | Arizona, and elect the officers of this corpor- ation which shall be n President, Nice-Pre- i sident, Secretary and Il Treasurer. and such | other minor officers agents E the Board of 1 Directors may deem necessary for the best in 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 filled by the Director. All the officers shall hold their office during the Ii e of the | Board of Directors by whom they elected, 1 and until their successors elected ana | q qualitied unless sooner removed hy q of l { two-thrds of the directors Until the first 1 annual meet n- of the stockholders the follow ing raEed shall constitute the officers of | this corporation, to-wit: s. G. l.. Rutherford. i President: N. K. Noon, Vice. President: W l.. | Hannon Treasurer. and G. k French. Secret ary.
 N.
 These Articles of Incorporation may be | altered Inended q [ any regular meeting of l the stockholders, or at any special meeting. called foc that purpose. by an affirmative vote ! of majority of the stock then issued and the ! Board of Directors any three stockholders { may call meeting of the stockholders for that. or any other pGrpose not inconsistent with i law, but notice of such proposed amendment shall be s,iv, to each stockh older, either per scnally in writing at least twenty days prior to the meeting at which such amendment shall be voted upon
 IN WITNESS WHEREOF we have hereunto set our hands and seals this ith day ot April. l90i-
 $. G. E RUTHERFoRD Seal
 N. K. NooN Seal
 w. E HANNoN Seal
 GEORGE K FRESCH, Seal.