The oasis., 1906-03-31

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 4fxfH fbe meesremeni and fonff0l ~ fNe busfufss nfnbfflt aud HHAifs uf lif Nnrtnff tl0n sh8l he Yesied n and fpnduHtea bf board el net lees ihan ihfeefl uof mpff lhan seven f7j directors ihe nufnft in bp fixed hy Che brs laws who shall bt eiefted Ht the auhual meeting Of stuek holders except fhe first board which shall consist bf thfec ca directors. tut tvifs if Guerin John B Nffphf and 4 J kinean. who ehail hold office as directors until Che rst annual meeting If the stockholders and until their successors are elected and Qual fled
 The frst annual meeting of the stockholders of this corporation shall be held on the third Monday 0t January lA7 and on said date of each year thereafter.
 The officers of the corporation shall consist of a president ice-president secretary and treasurer and sneh other officers as the board of directors may from time to time deem expe- dient
 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 un- less sooner removed by the board of directors The members of the board Of directorate shall have the power to ti any vacancy occurring on the board by the death, resignation CT other wise. and the person, cr persons so elected to fill such vacancy or vacancies shall fill his or their office until the next annual meeting of the stockholders. and until their successors are elected and qualified
 d toned shall be stockholders at the time of their election
 The directors shall have full power and authority to adopt bylaws and to change or amend the same, as they may deem expedient
 The directors shall elect, either from their own body or from the stockholders of the cor poration, the ether officers of the company herein mentioned and at their first or orgAriz- ation meeting, shall elect said officers to serve until the first reguiur 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 of the Directors succeeding each annual election of Directors by the stockholders: Provided that the president board of directors and provided further, that the office Of yiee-preSident and treasurer nav be filled by the same person
 SEVENTH; The highest amount of indebted ness or liability to which this corporation is at any time to subject itself is the sum of sixty-hye thousand (s65o90) dollars.
 ElGHTH: That the private property of the shareholders oi this corporation is to be ex-. empt from corporate debts
 NINTH. In furtheranee and not in limitation of the powers conferred by the statutes and by these articles oi incorvrafiDn. aud by auy by- laws which may be adopted the board of di- rectors is expressly authorized 70 issue and cause to be executed, bonds, debentures, on other securtiesand written evidences oi in- debtedness of the company. and t5 authorize ! the exeeutionof mortgages, liens, or other con 1 tract obligations upen aud with reference to 1 the real and personal property Of the company l for the purpose of securing payment of such dences af indebtedness by the company: to- make, alter. amend. and rescind the bylaws oi the company, to tix the amount 10 be reserve ed as an operating fund or working capital; to Ii the time tor the declaration and payment of fdiyidends, and Go determine absolutely the amount of such dividends
 efMith the consent in writing. or purStt- anu to the affirmative vote of the halders af a majority ol the stock issued and outstanding at n stockholders meeting, aulv called fuf that 1 purpose, to sell, assign. transfer. exchange or otherwise dispose ef the property the com pany as an entirety any part thereof. Pro- l vlded always Il mA5@rltv uf the whole board shall concur therein.
 The company may use and apply it's surplus earnings ar accumulated prsfits fur the pur- l pose of the acquisition Cf property and to the 1 purchase and acquisition ot its own capital I stock from time to lime, to such extent and in such manner, and upon such terms as its board of directors may determine and neither the I property nor the capital stock sO purchased and acquired shall be regarded as profits for l the purpose cf declaration of dividends unless determined by the board of directors I That the board of directors shall elect an ex- 1 eeutlNe committee to consist of three [3) mem l bers from persons then directors of the cOrpor- at the times that the other officers of the eorpo- ration are elected by the board of directors. The executive committee shall have and ex- efese all the powers Of the board of directors whenever quorum of said board shall fail to be present at any stated, or other meeting ofthe board, and shall have and exer- else all the powers 0f the board of directors at all times when the beard shall not be in ees- 1 sion, including the power to sign, CT cause to be signed, the corporate name, and to atiX, or cause to be affixed the corporate seal ta all pa pers which the executive committee shall deem expedient.
 IN WITNESS WHEREOF. The said incorpora. tors, have hereunto set their hands and seals this lst day of February, 4. D., l906.
 H F. GUERTN fSEAL.l
 JOHN B. WRIGHB, [SgAL.l l :. l.. kINGAN, [SEAL.l