Arizona republican., 1905-08-13
PECKA BROTHERS
SIP W. Washington St.. Phoenix. Ariz.

corporation shall be vested in a board of directors consisting of not fewer than three and not more than seven members, all of whom shall be stock holders. The board of directors for the first year from the date of the organ ization of this corporation and until their successors are elected and qual- flied shall consist of three members. who shall be: William Stevenson. C. W. Bartholomew and Sarah C. Steven son; provided. that such board of di- 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 office until the next annual meeting of stock holders or until their successors are elected and qualified. The board of directors for the second and surceed- ing years respectively shall be elected annually by the stockholders at their annual meeting. which shall be held iu the principal office of the corporation at 10 o'clock a. m. on the first Tuesday in May of each year. and shall hold 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 payment for their services in prepar- ing the bylaws and otherwise assist ing in completing the organization of the corporation
 The board of directors is hereby granted the power to prepare and adopt such bylaws as it may tEink 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 Of incorporation.
 The meetings of the board of direct Ors may be held in the principal office or in any of the branch offices or the corporation. The first meeting of the board of directors shall be held in Room 40 of the St. Deu.s hotel. 556 South Flower street. Los Angeles. Cal. at 12:3O o'clock D. m., on the 1gJh 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 Of 1 the board of directors The secretary and treasurer may or may not be the ! same per son. The vice president may also be elected vice president and Sec ] retary or vice president and treasurer but not as vice president. secretary and i treasurer
 The officers of this corporation for the first year from the date of its or ganization and until their successors are elected and qualified shall 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- l 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 V hereof.
 Article VII. The highest amount of indebtedness or liability. direct or con 1 tingent. to which this corporation can
 al any time be made subject shall ua-
 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 l of stockholders of this corporation shall
 be entirely exempt from the corporate
 debts of any kind whatsoever-
 Tn witness whereof. We have here
 unto set our hands and seals this 10th
 day of May. A. D.. 1905
 WILLIAM STEVENSON tSean
 SARAH C. STEVENSON. iSeaD
 State of California.
 County of Los Angeles. ss
 Before me. M. NJ Meyers. notary public in and for the said county oi
 Los Angeles. state of California. per l sOnally appeared William Stevenson
 and Sarah C. Stevenson. known to mz to be the persons who executed tht , within instrument and who are men l of them acknowledge to me that they l and each of them executed the said ar ticles of incorporation Of the Golden Treasure Mines company for the rur- pose and consideration therein eN- pressed.
 Given under my hand and seal of of- fee this 10th day of May. A D. l9"5 . NJ NJ. MEYERS. 2 Notary public in and for the county o'
 Los Angeles. state of California s My commission expires Jan %. 1908