Daily Arizona silver belt., 1907-03-16

the time required by law. The termina ton of this corporation shall be twenty iiVe years from and after the date O iiling certified copy of said article m the office of the A tor of the Ter ritory of Arizona.
 ARTICLE V.
 The affairs of this corporation shal be conducted by a Board of ten direct ors, elected annually by, and iron among, the stockholders, but the nun Der Of directors may be increased by vote of the directors, and in the event of sucs increase occurring, then sucl additional membership shall be filled by the Board. The first annual meeting of stockholders for this purpose and for the transaction of such other business as may properly come before them. shall be held on the lst Wednesday of February of the year 1908. and sue h annual meeting shall thereafter be held on the same day in each succeeding year.
 The officers of this corporation shall consist of President, Vice President. a Secretary and a Treasurer, though the last two offices may be held by one person. The following named persons shall constitute the Board of Directors until their successors are elected:
 G. R. Westfeldt, New Orleans, La.
 Waller Bennett, Richmond, Ky.
 Lewis D. Aylett, Richmond, Va.
 Thos. Armstrong, Richmond, Va.
 Frank P. Ryan, Richmond, Va.
 John w. Massie, Richmond, Va.
 Julius A. Hobson, Richmond, Va.
 James W. Graves, Richmond, Va.
 George ]. Stoneman, Globe, Arizona.
 J. N. Porter, Globe, Arizona.
 Thereafter the Board of Directors shall be elected by the stockholders at their annual meetings, and the follow. ing named persons are hereby made and constituted the officers of this corpora ton until their successors are elected. to wit:
 James w. Graves, President, Rich mond, Va.
 Julius A. Hobson, Vice President. Richmond, Va.
 Thos. Armstrong; Secretary X Treas urer, Richmond, Va.
 The Board of Directors shall have power to fill all vacancies in such Board or officers of the Company, caused by resignation or otherwise, and until their successors are elected and qualified such Board and such officers are hereby giy- l en the power and authority to do and perform any and all duties usually con | neeted with like offices, which powers and duties, while so acting as officers and directors of this corporation. shall | include the adoption of a corporate seal and the ailixing thereof to any stock | certificates or other instruments of writing which may be issued or exc 'uted by them under the powers herein as well as 4he adoption of l all necessary Bylaws for internal con tuet and management of the affairs of | his corporation.
 Meetings of the Board of Directors nay be held at such times and places IS may be designated by tine Bylaws IT by Resolution of the Board of Di. fl 'eetors. The Bylaws may prescribe he number of directors necessary to a quorum of the Board of II Directors, which number may be less han majority of the whole number of directors
 The Board of Directors may appoint III Executive Committee, of which majority shall constitute a quorum. which Committee shall have and may xereise all or any of the powers of he Board of Directors, including power O cause the seal of the corporation to 'e affixed to all papers that may re uire it.
 ARTICLE VI. II The highest amount of indebtedness r liability to which the corporation hall at any time subject itself shall e and is hereby fixed at the sum of {, 1 1,000,0OO.OO.
 ARTICLE VII.
 The private property of the stock. olders and directors of this corporation hall be exempt from liability for the ayment of corporate debts of any mount whatsoever. IN WITNESS WHEREOF, the Incor- orators have hereunto set their hands 'is 26th day of February. 1907. Z
 JULIUS A. ROBSON L.S.) {
 JAMES W. GRAVES H.S.) E
 LEWIS D. AYLETT H,SN