The border vidette., 1906-12-29

ty, Territory of Ar.zona; but other
 places of business may be established i by the Board of Directors, either in
 the United States or foreign countries,
 and they may deem for the best in-
 terests of the Corporation.
 Art. III. The time of the commence,
 ment of this corporation shall be the
 day of the filing of it's Articles of In
 corporation in the office of the County | Recorder of Santa Cruz county, Ari-
 zona, and certified copy thereof in the office of the Auditor for the Territory
 of Arizona, and the termination there-
 of shall be twenty-five years there
 after unless the same be renewed, or be
 dissolved prior to that time by a
 majority vote of it's members, or by
 operation of law.
 Al L. ". The general nature of the
 business proposed to be transacted by
 this corporation is and shall be the
 owning, carrying on and conducting
 of a general wholesale and retail
 mercantile and commercial business; the buying, selling and dealing in and dispOsing of all kinds of merchandise: the acquiring, owning, holding, deal ing in and disposing of all kinds of personal and real property, including the stocks, bonds and securities of other corporations; and generally, in the transaction of said business, to do and perform each, all and every act and thing which it is lawful for natural parsons to do, and which is profitable or incident or pertaining to snid busi- ness.
 Art. V. The amount of the capital stock of ti.is corporation shall be Twenty-Five Thousand Dollars (S25,- OOO, divided into two thousand five hundred (250O) shares of the par value of ten dollars (SlOl each, to be paid for at such time and in such manner as the Board of Directors shall determine, and said stock, when issued, shall be fully paid and shall be non-assessa ble.
 Art. VI. The highest amount of in- debtedness or liability to which this corporation is at any time to subject itself shall not exceed the sum of Six teen Thousand Dollars (Sl6,000,) and the private property of the stock holders of this corporation shall be exempt from the payment of it's corporate debts.
 Art. VII. The business affairs of this corporation shall be conducted by a Board of Directors, consisting of not loss than three nor more than seven members, each of whom shall be & stockholder, and whenever any di- rector ceases to be Q stockholder he shall at the same time cease to be a director. The directors shall be elected by the stockholders at their regular annual meeting and shall hold their office until their successors are elected and qualified. The first annual meet ing of the stock holders shall be held on the second Monday in January, 1908, and until such first annual meet ing, the Board of Directors of this shall consist of J. J. Teeter, L. w. Jimmie and H. L Sun. An nual meetings of the stockholders shall thereafter be held on the second Mon day in January in each year.
 Art. VIII. The officers of this cor poration shall be President, Vice. President. Secretary and a Treasurer, and such other officers or agents as the Board of Directors shall determine. All officers shall be elected by the Board of Directors, and two offices may be held by the same person. The Board of Directors shall have power to ill any vacancy on said Board. Until he first annual meeting of the stock holders, and until their successors are elected and qualified, the following persons shall be the officers of this cor ,oration, viz: J. J. Teeter. President; l.. w. Jimmie, Vice. President, and Fl. L.. Sun, Secretary and Treasurer.
 IN WITNESS WHEREOF, We have set our hands and seals this wenty-iirst day of December, A. D. 9O6.
 (Saan T. w .Timmia