The oasis., 1906-06-16

aH|tits Nf incorporation shaH hatf lfeh alaa | fHf ffrWfi HffH ihr frfHfiff Af 4HNfa fMf p4Viy tfleoua Hnd Y ihe 1nfe Hf tne sndif ! psts ilnn shall fnnilnue i1f thf nrfind nf fifen tY Eve ftil 4aHfs Hui shall have fHf riHHf ln ! f1HeN anN extend tne period of iis rtIsifHee ] tf twenty five llsl years from and hfirf tht pirHtinn # fbc .aid 8fsf period
 slxrH The management and control of ihe business. property and afHlfs of fht Corpora flen shall he vested in and conducted by @ board ! fl uui less thwn three l8l nor mNre than Ave lt3l directors fthe number to be fixed nt each 1 annual meeting hy a majority vote rf thr stock ! issned) who shah be elected at the annual meeting ol stockholders, exccpt the first board which shall consist oi three CD directors, to- wit A. \ Neil. J. '. Burt and l S. Neil, who shall hold office As directors until the first an- nual meeting Of the stockholders and until their successors are elected and qualified.
 The first annual meeting of the stockholders oi this corporation shall be held on the third Monday of January. 1907 and on said date of each year thereafter.
 The officers of the corporation shall consist of 4 president, vice ce-president secretary and treasurer, and such other officers aS the board of directors may from time to time deem ex- pedient.
 Both the officers and directors shall hold their office for the period of one year from and after their election and qualification, and till their successors are elected and qualified, Mu- lCsN ACAAltF fTHi0NEU hN the DDdftl NI 0ifEtknTN.
 The members Of the board of directorate shall have the power to iill any vacancy Oe- curing on the board by the death, resignation of otherwise, and the person, CT persons, >o elected to Ill such vacancy, or yaranp4eg, shall i'll his or their office until the next annual meeting of the stockholders and until their successors are elected and qualified.
 Ali CT th directors and officers herein men- toned shall be stock holders at the time Of their election.
 The directors shall have full power and authority ta adopt by-laWs. and t0 change or amend the same, as they may deem expealent
 The directors shall elect, either from their own body, pr from the stockholders of the cor poration1 the other officers 0llheeumpAny here m mentioned, and aT their first or 0rganiza5 ton meeting, shall elect said officers e serve until the first regular meeting Of The Directors succeeding the first annual meeting Of the stockholders. and thereafter said Directors shall elect said officers at the first regular meeting af the Directors succeeding eHch an nual election of Directors by the stockholders 1 Provided that the president and secretary snail DC eieeIed from the board 0f directors ], and provided further that the office of vices | president and treasurer may De filled by The same person. Three l3) members of the board af directors constitute Il quorum; but all resolutions must De adopted by unanimous vote where only three t81 directors are present.
 Alt documents, orders, checks, deeds, CT any other Writings creating legal obligations, 0f whatever nature. etc. requiring tue signature or the company must he signed bx the pres laehf and e0unter-Signad by the secretary
 AiI earnings 0i the company must lee divided annually by means Of dividends declared on the stock at the annual meeting
 SEVENTH. The highest amount of Indebted ness or liability t9 which this corporation K M any tlme t0 subject itself is the sam 0t ~iN Hundred & Fifty Thousand Dollars fSatNAI9.} kI6HTHt That the private property ui the shareholders oI this Incorporation is ta he exempt fraIn corporate debts,
 NINTH. In furtherance and not in limitation VI he powers conferred by tue statutes and H3 these articles af incorporation. and by amN by- laws which may be adopted, the board oi 1i- reetnrs is expressly authorized ta issue and cause be executed, bonds, debentuFes 0r other securities and written evidences ~ in Gebtedne @t tho company and tu authorize the execution 0f mortgages, liens. oa other eon- traet obligations upon and with reference to the real and personal property 0i tho enm= panVt for the purpose 0f securing payment 0f such bonds debentuFes, securities 70 written evidences VI indebtedness Uy the company t9 of the company, to fix the amount tO be re- served as al operating fund or working capital.
 Either With the consent in writing. OT pnf- suant tD the affirmative yute 0l the h0ldexS M majority ol the stock issued and outstnnding at Il stockholders meeting, duly called Tor that purpose, to self, assign, transfer exchange or otherwise dispose Of the property of the company as aI entirety, 0f any part thGIe@fs Provided always majority of tbs whole beard shaIi concur therein.
 K WITNESS WHEREOF. we have hereunto set our hands and seals this second day of May, ] 1906.
 A. 4. NEIL, lSEAL.l
 J |. BURT ESEALI
 &t-rs MEs