The Arizona sentinel., 1905-06-14

to the proper conduct Of the business Of this
corporation in the Territory and elsewhere, not
inconsistent with the laws Of the United States
and Territory OF Arizona
Third: The authorized amount Of capital
stock OF this corporation shall be Two run
dred aud iifty th9useEd dollars (S29 c0G-00) divi
deG into Two hundred and Atty thousand shares
OF the par value OF O2e dollar fs-o)} each "a
such times as the Board Of Directors nay By
resolution direct, said capital stcciS shall lie
paid into this corporation, either in cash or by
the sale and transfer to it Of real or personal
property for the uses and purposes OF said cor
! pCration, in payment for WHOA shares Of the
capital stock OF said corporation may he issued.
and the capital stock 30 isSaed shall thereupon
and thereby became gEd be fully paid up and
! worcestershire, and FL the absence of actual
1 fraud in the transaction the judgement OF the
Directors as 10 the value Of the property puT-
chased shall be conclusive.
Fourth: The time CT the commencement of
this corporation shall be the date of the filing
CT certified copy of these Articles Of Incorpor-
alton III the Office Of the auditor, and the termi-
nation thereof shall be twenty five years there
after.
Fifth: The affairs of this corporation shall
! be conducted by a Board Of Seven Directors
and the following naInei shall constitute the
Board of Directors until their successors are
elected: Ralph Rogers. J. D. Payne. Jr., y. NJ.
Edmond. Geo. Il. Ben;cl, W. a. Dowles, Burt
Dunlap. W. c. Tonkin.
! Thereafter the Board of Directors sliau be
elected from among the stockholders on the
second Monday in January OF each year. The
officers of said corporation until their sue
cessors arc elected shall
President: Vice President
.............,...Se Secretary; Observation-Disclosures.
Treasurer.
! Sixth The highest amount of Indebtedness
or liability, direct or contingent. to which this
corporation is at any time subject shall be
Fifty thousand dollars $50. oG3.03), which
amount does rot exceed two-thirds the amount
Of capital stock.
Seventh: The private property of the stock
holders OF this corporation snail be exempt
from corporate debts CT any kind wha tsoevcr.
In witness whereof, We have hereunto set
our hands and seals this 25th day of March,
1905.
J. ID. Payne, Jr, [Seal
Marion Harrod ISeall
w, c. Tonkin1 Seal
State of California,
County of Los Angeles.
On this 18th day Of March III the year 1909
before me, =. d. Laughlin, d Notary Public in
and for the State and County aforesaid, re-
siding therein, duly commissioned and sworn,
personally appeared j D. Payne, il, Marion
Harrod and w. c. Tcnkin, known TO me TO be
the persons described in, whose names are sub
scribed TO- and who executed the annexed in
strument ard they acknowledged to me that
they executed the same for the purposes and
considerations therein expressed.
In witness whereof, L have herennt9 set my
hand and affixed my Ofici;tl Seal, at nIy office,
in the said State and County, the day and year
last above written.
[Seall 4. p. Laughhn,
Not9ry Public.
Ny commission expires Jnnc eth, 1908
Received for record April q, 1905 at 10
minutes past 8 O'Clock y. NJ, request of W.
G. Tonllin, Recorded i'll Book Mol Of 4 of
page 62I et seq, records of Yuma County,
Arizona Territory.
j. ". PolhamuS,
County Recorder
First publication May Dist. 1905.