Arizona republican., 1905-08-16

N'N@AaaatSN-H S--H FHlGElEEH AEsEa corporation shall be vested in a board of directors consisting of not f-v-sr than three and not more than seven members, all of whom shall be stock holders. The board Of directors for ths first year from the date of the organ- ization of this corporation and uusu their successors are elected and qulI- filed shall consist Of three members. who shall be: William Stevenson. G. ". Bartholomew and Sarah C. Steven son; provided. that such board of d. rectors may, at any regular or special meeting or meetings. increase theIv number to not exceeding seven members by electing additional members from among the stockholders, to hold oefIcs until the next annual meeting of stock holders or until their successors are elected and qualified. The board of directors for the second and succeed ing years respectively shall be elected annually by the stockholders at tht-ir annual meeting. which shall be held ist the principal office of the corporation at 10 o'clock a. m- on the first Tuesday in May of each year. and shall Bola office for one year from the date of their election and until their success sors are elected and qualified.
 To enable the members of the first board of directors herein designated to become stockholders of the corporation. as herein required. the said first board shall at the commencement of it's first meeting, direct the issue to each or it's members of one hundred shares of the corporations capital stock. which stock so issued shall be regarded as a payment for their services in prepar- ing the bylaws and otherwise assist ing in completing the organization af the corporation.
 The board of directors is hereby 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 or sus- pend any or all of said by laws as from time to time may be found necessary. provided such by laws and changes made therein are not in conflict with the laws of the territory of Arizona and the provisions of these articles oE incorporation.
 The meetings of the board of direct ors may be held in the principal osIlce or in any of the branch offices Of the corporation. The first meeting or the board of directors shall be held in Room 40 of the St. Denis hotel. 55s South Flower street. Los Angeles. Cal. at 12:30 o'clock D. m-. on the 18th day of May. 1905.
 Article VI The officers Of this cor poratiOn shall consist of a president. vice president and a secretary and treasurer. who shall all be members or the board of directors. The secretary and treasurer may or may not De the same person. The vice president may also be elected vice president and sec retary or vice president and treasurer. hr1r rrr.H treasurer.
 The officers of this corporation sa- the first year from the date ca its or- ganization and until their successors are elected and qualified shah be as follows: William Stevenson. president. c. w. Bartholomew. vice president and Sarah c. Stevenson. secretary and treasurer.
 The officers of this corporation for the second and succeeding years re- spectively shall be elected annually by the board of directors at their first meeting after their own election by the stockholders at their annual meeting. as provided in Article hereof.
 Article VII. The highest amount of indebtedness or liability. direct or con 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 eN- 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 for 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. (SeaD
 SARAH c. STEVENSON. CSeaD State of California.
 County of Los Angeles. Ss-
 Before me. NJ. M. Meyers. a notary public in and fO- the said county of Los Angeles. state of California. per sonally appeared William Stevenson and Sarah c. Stevenson. known to me to be the persons who executed the within instrument and who are men toned in the same. and they and each of them acknowledge to me that 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.
 Given under my hand and seal of of- flee this 10th day Ot May, A D-. lsu5.
 NJ M- MEYERS. Notary public in and for the county of
 Los Angeles. state of California