Arizona republican., 1905-08-17
PECKA BROTHERS

L .N or directors consisting of not fewer than three and not more than seven members. all of whom shall be stock holders. The board of directors Tor th- hrst year from the date or the organ lzauon Of this corporation and uurI their successors are elected and oulr- flied shall consist Of shree ueub.r~ who shall be; William Stevenson g w. Bartholomew and Sarah C. Steven son; provided. that such board of Il- rectors may, at any regular or special meeting or meetings. increase their number to not exceeding seven members by electing additional members from among the stockholders. to hold plIce until the next annual meeting or stock holders or until their successors a-. elected and qualified The boauI of directors for the second and succeed ing years respectively shall be elected annually by the stockholders ar their annual meeting. which shall be held ln the principal office of the corporation at 10 o'clock a. m- on the nls s1 Tuesday in May of each year. and shah hold office for one year from the date gt their election and until their success sors are elected and qualified
 To enable the members of the first board of directors herein desiguated to become stockholders of the corporation. as herein required. the said ursr b1arl shall, at the commencement of it's first meeting. direct the issue Co each of its members Of one hundred shares of the corporations capital stock which stock so issued shall be regarded as 60 payment for their services iu prcpar- ing the bylaws and othervlse assist ing in completing the orSauIEl--ua u- the corporation.
 hoard oF l7T-,ar,-- r.-.r..- granted the power to prepare and adopt such bylaws as it may think best for the government Of the corporation and its officers and to alter. amend ur ~ue- pend any or all of said by laws as from time to time may be found necessary provided such by laws ana chauecs made therein are not 5n conflict with the laws of the territory of Arizona and the provisions of these articles of incorporation.
 The meetings of the board of di-ect- ors may be held in the principal office or in any of the branch offices of the corporation. The first meeting of tht board of directors snail be held iu Room 40 of the St. Den-s hotel. I-E South Flower street. Los Angeles. Cal. at 12- 90 o'clock D. m-, on the 10th day of May. 1905.
 Article VI The officers Of this corr pOratiOn shall consist Of president vice president and a secretary and treasurer. who shall all be members uf the board of directors. The secretary and treasurer may or may not be tle same person. The vice president may also be elected vice president and sec retary or vice president and treasure. but not as vice president. secretary and treasurer.
 The officers of this corporation for the first year from the date of -ts or- ganizatiOn and until their successors are elected and qualified shall ba as follows: William Stevenson. president G. w Bartholomew. vice president and Sarah c. Stevenson. secretary and treasurer.
 The officers of this corporation for the second and succeeding years TO- spectiveIy shall be elected annually by the board of directors at their first meeting after their own elec-ion by the stockholders at their annual meeting. as provided in Article V hereof
 Article VII. The highest amount nf indebtedness or liability. direct or cou- tingent to which this corporation can at any time be made subject shall not exceed twO-thirds of the capital stock. but no indebtedness. except office rN- penses and expenses of incorporation. shall be incurred beyond the amount of funds in the treasury at the time. and said funds shall be used first Tor the liquidation of said indebtedness
 Article VIII. The private property of stockholders of this corporation shall be entirely exempt from the corporate debts of any kind whatsoever
 In witness whereof. we have here unto set our hands and seals. this 10th day of May A D. 1905.
 WILLIAM STEVENSON. fSe1n
 SARAH c. STEVENSON. tSeaD State of California.
 County of Los Angeles ss-
 Before me. NJ. NJ Meyers. a notary public in and for the said county of Los Angeles. state of California. pe-- sonally appeared William Stevenson and Sarah C. Stevenson. known to me to he the persons who executed the within instrument and who arc men tfoned in the same: and they and each of them acknowledge to me that they and each of them executed tne said 1r- tfcles of incorporation of the Golden Treasure Mines company for the pur- pose and consideration therein ey- pressed.
 Given under my hand and seal of of- flee this 10th day of May, A. p-. l1ts-
 M. MEYER Notary public in and for the county ot
 Los Angeles state os Calito-rta-
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