The border vidette., 1907-04-13

vo-e Os @ i1rlcy Of the stock-h olde-s; but IN
of the increase of the capital stock, each
shareho older shall have the privilege of subs
cribinS for such number of shares of the
proposed increase as he may be entitled to ac-
cording to the member of shares owned by him
u-fore the stock is increased.
V.
The highest amount of Indebtedness or
liability to which this corporation is at any
time to subject itself shall not exceed the sum
of Two Million S2.OOO.OoO Dollars; and the
private property of the stockholders of this
corporation shall be exempt from the payment
of its corporate bebts.
vi.
The ID sinass affairs of this corporation shall
be conducted by a Board of Directors, consist
ing of not less than three-3-nor more than
seven -7-members, each of whom shall he
stakeholder. and whenever any director ceases
to he a stakeholder he shall at the same time
cease TO be director. The directors shall be
elected by the stOckhelders at their regular
nual meeting and shall hold their Office until
their SUCCESSORS are elected and qualified, The
! first annual meeting of the stockholders shall
be held the first Monday of February, 1908,
and until such first annual meeting the Board
of Directors of this corporation shall consist of
| the incorporatOrs whose names are hereto subs
| cribed- Annual meetings of the stockholders
shall thereafter be held on the first Monday of
February in each year.
VII.
The officers OF this corporation shdn be a
President, Vice president, Secretary AMI Treas
urer and such other minor officers agents as
the Board of Directors shall deem necessary
for the best interests of the corporation. They
shall he elected by the Board of Directors from
among their number. and shall hold their Office
until their Successors are elected and qualified,
and two offices may be held by the same direc-
| tor. The Board of Directors shall have the
power to fill any vacancy on said Board.
| VIII
| These Articles of incorporation may be alter
! ed or amended at any regular meeting of the
stockholders at any special meeting called
for that purpose, by affirmative vote of
| majority of the stock then issued; and the
Board of Directors any three stockholders
may call meeting of the stockholders for this.
| OF any other purpose not Inconsistent with law.
but notice OF such proposed amendment shall
| be given to each stakeholder either personally
| or by writing at least twenty days prior to the
| meeting at which such amendment shall be vot-
| ed upon,
IN WITNESS WHEREOF. we have hereunto
set our hands and seals this thirtieth day of
January, A. D.. 1907
| Seal j, s. GaretsOn
Seal j. A. Horrell
Seal John s. Hurst
Seal j. G. Mcknight
Seal +. A. Gar tson
Seal Thomas Ellis
Territory of Arizona
County of Santa Cruz, ST.
Before me. Frank J. Duffy, Notary Public
in and for the county of Santa Cruz, Territory
of Arizona, on this day personally appeared
John s. Hurst and j. G, Mcknight, and Thomas
Ellis known to to be the persons whose
names subscribed to the foregoing Articles
of Incorporation, and acknowledged to me
each for himself that they executed the same
for the purposes and consideration therein ex
pressed.
Given under my hand and seal of office this
thirtieth day of January, A. D., 1907.
Seal Frank j. Duffy,
Notary Public