Arizona republican., 1905-08-12

corporation shall be vested ra a baqri of directors consisting of not fewer than three and not more than seven members all of whom shah be stock
 holders. The board of directors for tl- nrst year from the date of the organ izatiOn of this corporation and uutI their successors are elected and rulI- fled shall consist of Jhree me-ba--. who shall be: William Stevenson. l;. w. Bartholomew and sarah e. Steven son; provided. that such board OF di- rectorS may. at any regular ur special meeting or meetings. increase rle.- numb Der to not exceeding seven members by electinE additional members from among the stockholde-s. to hold office until the next annual meeting of stock holders or until their successors are elected and qualified. The board nt directors for IEe second and suc-eel- ing years respectively shall be elerte-f annually by the stockholders at their annual meeting. which shall be held .I the principal office of the corporation
 at 10 o'clock o. m- on the d-sy Tuesday
 in May of each year. and shah hold office for one year from the date o- their election and until their success sors are elected and qualified To enable the members of the first ] board Of directors herein designated Jo become stockholders of the c,-Tu-a-ia-.- as herein required the said E-st l1lrF shall. at the commencement os lts first meeting. direct the issue to each af it's members of one hundred Sharcs of
 the corporations capital stock which stock so issued shall be regarded as l
 payment fo- their services iu rreuar-
 ing the bylaws and otherwise assist
 ing in completing the organization 70.
 the corporation
 The board of directors IS hereby
 granted the power Jo prepor= and adopt
 such bylaws as it may tI.iuk best La- i the government of the corporation and it's offices and to alter amend or Sl~-
 pend any or all of said by laws as from
 time to time may be found ueceazlrl.-
 provided such b-- laws and changes
 made therein are not -n conflict Ultl
 the laws of the territory Of Arizona
 and the provisions Ot ,h-se articles u.
 incorporation.
 1 The meetings of the board 1r disect-
 ors may be held i'm the principal n-l-cs
 or in any of the branch office vF the
 corporation. The first meeting ot the
 board of directors shall be held in | Room 40 of the St. Deu-s hotel. --f
 South Flower street. Los Ausel-=- Cal
 at 12:30 o'clock D. m-. on the ls-l day
 of May. 1905.
 Article VI. The officers --E this cor i poration shall cons -st of a president i vice president and S-cret1ry and
 treasurer. who shall an be members uf ] the board of directors. The secretary and treasurer may or may not be rl" i same pe-son. The vice president may ! also be elected vice president and sec Tetary or vice president and treasurer ! but not as vice president. secretary and | treasurer.
 The officers of this corporation for ] the first year from the date of -ts e-- | ganization and until their successors are elected and qualified shall be as ] follows: William Stevenson. president l q. w. Bartholomew. vice president and : Sarah c. Stevenson. secretary and l treasurer.
 ! The officers of this corporation for i the second and succeeding years re- l spectively shall be elected annually by | the board of directors at thelr u-s- | meeting after their own election hy tle | stockholders at their annual meeting. as provided in Article V hereof Article VII The highest amount of 1 indebtedness or liability. direct or c'u- 1 tingent to which this coru1-at'r can ! at any time be made subject shah uo- ! exceed twO-thirdS of the capital stock | but no indebtedness. except o-tce eE- l penSes and expenses Of lucn-Is Isii--l-th.'. l shall be incurred beyond the amount | of funds in the treasury at the tlwe. and said funds shall be used first fnr 1 the liquidation of said iudehteLues~- l Article VIII. The private property l of stockholders of this corporation shall | be entirely exempt from the corporate
 debts of any kind whUtsoever- | In witness whereof. We have lrr"-
 unto set our hands and seals this l"-H
 day of May. A D-, I9o5-
 WILLIAM STEV VE\So\. tSeal1
 SARAH C. STEVENSON. 1SelD State of California.
 | County of Los Angeles ss-
 Before me. NJ N. Meyers a notary public in and for the said county gt Los Angeles. state of California per 1 sonaIly appeared William Stevenson and Sarah C. Stevenson. known to me to he the persons who executed rle within instrument and who are men | tioned in the same. and they and each of them acknowledge tp me tha- they and each of them executed the said ar- ticles of incorporation of the Golden Treasure Mines company for the pur-
 pose and consideration therein eN- pressed.
 l Given under my hand and seal ot ot- flee this 10th day of May. A p-. lsH-- M NJ MEY FRS. | Notary public in and for the county ol | Los Angeles state of California
 My commission expires Jan. 26, 1908.