The oasis., 1906-03-17


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 Hlih he 1gleef ud 8hutof. shal hold their anlees l1f fine ncwra I auc yetr from and after Helf election and QnaiihceNNu. Hhd quaihed. lNless sooner removed by Che board oi directors
 Ihe members of the directorate hall have Che power to nll any vacancy occurring on lhe board by tbe death resignation or uthctNise and the person or persons, so elected io Hil such vacancy or vacancies shall il his or their office until the next annual meeting pi the stockholders and until their successors are tliof the directors and officers herein mem toned shall be stockholders at Inc time oi their election.
 The directors shall have full power and au thority to adopt bylaws and 70 change or amend the same as they may deem eNpedlent. The directors shall elect, either rom iaelr own body, or from the stockholders ot the cor pOrati0n, the other officers ui The company herein mentioned, and at their first or organi zation meeting. shah elect said officers to serve until the first regular meeting of the direeters succeeding the first annual meeting Gi the stockholders, and thereafter said directors shall eject said officers at the first regular meeting 0f the directors succeeding each ati- nual election Of directors ny the si1ekhoiders. provided that the president and secretary shall be elected from the board 1t directors; and provided further that the 0iiice 0f Vlce- president and treasurer may oe hlled 0y the same person
 SEVENTH The highest amount of indebted ness or liability to which this corporation is ut any time to subject itseli is the sAh VI siN thousand five hundred dollars ss6,5eo09)
 EIGHTH That the private property oi tle shareholders of this corporation iS lo pe eN- empt from corporate debts.
 NINTH In furtherance, and not in limita- tion 0f the powers conferred by statute amt WY these article 0t incorporation and py anN by- laws which may be adopted the board 0t direc- f9rs is expressly authorized tW issne and cause t0 be executed, bonds debenNres, pr other .e- enrities aud written evidences ~ iMdenteaMess of the company, and 70 authorize the eNecM- tion If mortgages, liens VT other contract 0h Ngafi0ns upon and with reference to the real and personal property ef tae 0mpanyi fvr t1e purpose 0i securing payment Qt such uQnds de- benfures, securities lr written evidences ai m dehtedmeSs by the company; t@ make, alfers amend and Ee~CMd the bylaws v the e4Inpa' ny; fc hX tho amount 70 ae reserved as an up- eratimg fund 0F working capital; 70 hS the time for the declaration and payment ~ dlF1- deuds.
 Either with t4e consent il Wnifing, 9f phfwH- anf t8 the affirmative wUte aE the huiders VI II majority oi the stock issued and outstanding at stockholders neetimg. dnly called ior tnat purpose 70 seil assign transfer exchanges uf otherwise dispose oi tho pE8perfy ei rus com pany Hs .tn entltetN ar ang paft tnefepl i'ra- Hide8 always majority 0t tas whole board shNli eoMcllf rhefeln
 Ihe company mAy ase and apply ts surplus earnings 0r accumulated profits i0r the fNf- pase 0i fhe acquisition of pa3pertY and te the purchase ana acquisition Ui its DWD fHEItHt stock from tima tu sne. ia such extent and ln af directors may determine, nna dcifhvl hs pf0peffy mof capital stock so purchased 8lW apQMigea shal be regarded as ar9tfs saf the parp0se Vi declaration ~ dividends unless ie- termined hE tNe board ai directors,
 IN WITNESS WHEREOF the s@ia inearp9FAiors have heleNnlo set thelr hands and seals Al ist day 0l February < V. lNW5
 ". f. GrERlN, F-hAL.5
 e r. KlNGAN SsAE8
 JOHN B WRIGHT t@EAL3