Arizona republican., 1906-01-24

or could do, and in general to do all ] things necessary to the proper conduct | Third: The authorized amount or the | capital stock shall be one million one l hundred thousand dollars C1, 1,100000) di- i sand q, ,1OO.6OO) shares of the par value of one dollar CSD each and of which cap ] ital stock there shall be one hundred i thousand 100000 shares preferred stock | bearing six per centum interest per an- mum. and the remainder to-wit one mil l lion Q,000, ,00O) shares shall be common stock. At such time as the board of di- rectors may by resolution direct, said capital stock shall be paid in either in cash or by the sale and transfer of real | or personal property to the said corpora ment for which, capital stock may be is- sued, and the stock so issued shall there ! paid up and non-assessable, and the | Judgment of the directors as to the value of the property purchased shall De con- Fourth: The time of the commence ment of this corporation shall be the date of the filing of. these articles. of in corporation, or. certified copies thereof, in the O ce of the Territorial Auditor. and the termination thereof shall be twenty-five (25) years thereafter. Fifth: The affairs of this corporation shall be conducted by a board of five directors, and a president vice presi- dent, secretary and treasurer, whose duties shall be prescribed in the bylaws, and said board and said officers shall be elected annually on the first Tuesday after the first day of December of each year, or at such other or di erent times, as the by-laws shall provide. And until their successors are elected and quail fled the following shall be the officers of this corporation:
 F. II. Prentiss. president; c. z. Ellis; vice presidenti R. C. Lane, secretary and treasurer; and the directors shall be F.. Ii. Prentiss, R. C. Lane, C. z. Ellis, L. B. Prentiss and F. c. Lane.
 Sixth: The highest amount of indebt- edness or liability to which this corpo- ration is or may at any time be subject shali be one hundred thousand dollars ($1O0 COO.
 seventh: The private property of the stockholders of this corporation shall be and is hereby forever exempt from all liabilities for the debts or obligations Of
 Eighth: The capital stock of this cor DoratiOn shall be and is hereby made for ever non-assessable by this corporation
 In witness whereof we have hereunto set our hands and seals this 9th day of -'0 eFfIREDERfCK H. PRENTIss. Cseap
 ROBEFT c. LANE. tSeaD State of California,
 City and County of San Francisco, ss
 On this 9th day of November, in the yea rOne thousand nine hundred and five Q905). before me. George Pattison. a notary public in and for said city and stoned and sworn, personally appeared Frederick Fl. Prentiss and Robert c. Lane, known to me to be the persons wohse names are subscribed 1s the within instrument, and acknowledged to me that they executed the same for the uses and purposes therein mentioned.
 T,, Vs-i+oase vvbereof I have he-etInfO set my hand and affixed my official seal at my office in the city and county of San Francisco, the day and year in this certificate first above written
 GEORGE PATTISON. Notary Public in and for the City and
 County of San Francisco, State of Cal
 ifornia.
 Filed according to law Nov. 1S, 1905.