The Arizona sentinel., 1906-11-28

Sec. 2. The name of the corporation shall be Johnson and Bowles, Incorporated" :"
 Sec. 8. The principal place for the trans action of the business of the corporation shall be at Yuma, Yuma County, Arizona.
 ARTICLE II.
 Section l. The general nature Of rhe busi ness proposed to be transacted by the corpora tion is to manufacture, export, import. buy, sell, and generally deal in goods, wares. mer chandise, and property of every class and description; to purchase lease or otherwise ac- quire, and own and sell real estate, improved or unimproved, without limit as to amount, in any state or territory of the United States, or foreign country; to acquire by purchase or oth- erwiSe. property, real or personal, and the good will, rights and assets of any kind, under Snch terms and conditions as may be deemed advisa- ble of any person, firm or corporation, and to subscribe for, purchase and otherwise acquire and hold or sell, with tbe same rights of owner ship therein as may be permitted to natural persons, the shares, bonds and obligations of any corporation organized under the laws ci any state, territory, district or colony of the United States, or Of any foreign country. Sec. 2. The Board of Directors shan nave the power and authority to sell assign, mort gage, convey or otherwise dispose Of ali the property and assets of the corporation on such terms and conditions as they shal! prescribe, whether for cash or property, or stock and bonds in other corporations.
 ARTICLE III
 Section 1. The authorized amount of the capital stock of the corporation shall be Twen- ty-five Thousand Dollars, divided into T%o Hundred and Fifty shares, of the par value of One Hundred Dollars each.
 Sec. 9 The Board of Directors may cause said capital stock or any part thereof to be sub scribed for in cash, in the purchase or exchange or transfer of real or personal property, or for services rendered, and to issue or cause to be issued any part or all Of the capital stock as re- quired, at any time, or from time to time, and when so issued it shall be fully paid and non assesSable, and in the absence of fraud in the transaction, the judgment of the Board Of Di- rectors as to the value Of the property pur- chased or trans ferred or exchanged, or services rendered. shall be conclusive. Sec. 8. NO dividends sball be declared or paid on unissued stock and no stock shall be sold or issued for less than par.
 ARTICLEIV.
 The time of the commencement of this cor poration shall be November l. ls05, and the termination thereof shall be Twenty live years i thereafter.
 ARTICLE V.
 Section 1. The affairs Of this corporation shall be conducted by Board of Directors composed of not less than two nor more than five stockholders of the corporation the num- Der of said Board to be designated by the By Laws of the Corporation, and until the number ! is fixed by the Bylaws of the Corporation, the number of said Directors shall be two.
 Sec. 2. The first Board of Directors shall be elected by the stockholders at their first meet ing. and thereafter the Board of Directors shall be elected by the Stockholders at the annual stockholders meetings.
 Sec g. The Board of Directors shall have full power and authority to t.I any and all va canciess occurring iii the membership Of said Board by appointment
 ARTICLE VI. The annual meetings after the organization shall be held on the second Monday in January in each year after the year 1907. ARTICLE VII.
 The highest amount of indebtedness or lia bility, direct or contingent, to which this cor oia.ion is at any time subject, is lively, Thousand Five Hundred Dollars.
 ARTICLE VIII. The private property of each officer anC stockholder of this corporation shall be exemp from ali corporate debts.
 In witness whereof, we have hereunto sci our hands this 24th day of October. 1906.
 o. C. JOHNSON
 w, A. BOWLES Territory of Arizona, ss.
 County of una. F
 Before me, A. G. Moore, a notary public 1T and for the county of Yuma, Territory o Arizona, on this day personally appeared O. C. Johnson and ". A. Bowles known to m, to be the persons whose names are subscribed to the foregoing instrument. and acknowledged to me that they executed the same for the pur pose and consideration therein expressed.
 Given under my hand and seal of office thi 24th day of October, A. D. l9O6
 My commission expires August 2S, 1909. [sEALl A. c. MOORE,
 Notary Public. Firs; publication October 3l. 29c6.