The oasis., 1907-01-12


 lf 0thOftist llsrnsp ni N0l8N 8nt NmOef Wnisf IrHuefires rire linNs f1lks tifs nfHnH NNiufit mnchun hUrs Hu1 tthcf Wufts 'i1fg bafm6y be necessary ~ to6yg8t6t6f 4rruttrntW f1r thp purposes a aaid cUfr0fa
 fo manufacture cleeftfy. obtain Hehis of wari erect rQles ffne wres Of buy Uf .oll pleptnpitF, fu engage in hhd carry U6 a vcH. Nfnl brukpfHgp business. f1 engage iu and earry 1u a general mercantile buslncssi J0 nnshta in carry on, and c0nduet general feHl esiHte business, and t0 That end i8 buy. sellt mortgage, hyp0thcCata tO execute deeGs or trust deeds m cscfuw and al other lawful transfers of feal estate
 TO engage in, carry On and conduct general cattle bu,ness ana to that end tO buy. sell. mortgage of otherwise dispose of or handle all kinds Of cattle and live stock of any kind whatsoever, and Co d9 and carry on all things pertaining Go the cattle business TO purchase or otherwise acquire hold. own, pledge. hypothccate, sell or otherwise dispose of shares Of stock of other corporations. TO borrow money, execute notes, bonds, mortgages and deeds of trust, and Co secure the same. To do and perform all matters and things necessary. expedient or proper or lawful t0 carry out the | purposes and businesses or acts for which in. | dividuals may lawfully associate themselves together to perform, and do and perform every | act whatsoever which is lawful for natural persons tO do; All of which businesses or occupations may be carried on at such places either in the United States or foreign countries as the Board oi Directors may consider for the |
 | Y. The amount of the capital stock of this | Corporation shall be Fifty Thousand Dollars
 $5O,OOO0O divided into Twenty-Five Thousand shares (250O0) of the par value of Two (D | Dollars each and said shares of Stock shall be | fully paid up and non-assessable at the time Of issuing the certificates therefor The capital stock may be increased or de- creased by the affirmative vote of the stoCk | then issued, but in case of the increase of the capital stock, each shareholder shall have the privilege of subscribing for such q hp n may be allotted to him according to the pro 1 portional number of shares held by him at the l time Of the increase.
 | VI. The highest amount of indebtedness or l liability, either direct or contingent, to which this corporation is at any time to subject itself shall not exceed the sum of Ten Thousand Dollars ($lO,00O.O0) and the private property of 1 the stockholders of this Corporation shall be exempt from the payment of its corporate debts.
 VII. The business affairs of this corporation shall be conducted by board of directors con- l sisting of not less than three nor more than seven mem bers, each Of whom shall be stock 1 holder: and whenever any director ceases to l be a- stockholder he shall at the same time cease to be director. The directors shall be elected annually by the stockholders at their regular annual meeting which will be held at any of the offices of the corporation on the first Monday of March of each year, and shall hold | their offices until their successors are elected and qualified. Any vacancy in the Board of | Directors may be filled by the remaining mem | bers of the Board by appointment from among | the stockholders, and such appointment shall | be for the unexpired term for which the ap- pointment is made. The first Board of Direc- | tors suall consist of the incorporators whose names are hereto subscribed The majority of the Board Of Directors shall constitute a quorum for the transaction of business. | VIII. Within ten days after the election of any Board of Directors they shall meet at the | principal office of the Company, t0-wit, at | Nogales, Arizona, and elect the officers of this corporation which will be President, @ Vice | Treasurer 1 such other minor officers and agents as the | Board of Directors may deem necessary for the | best interests of the Corporations The Presi- | dent and the Treasurer, and the Secretary shall be members of the Board of Directors, | and the office of Secretary and Treasurer may be held by the same Director. All the officers shall hold their offices during the life of the | Board of Directors by whom they are elected and until their successors are elected and qualified, unless sooner removed by q vote of two thirds of the Directors
 | Until the first annual meeting of the stock | holders the following named shall constitute | the officers of this corporation toswit: o. K. | Franklin, President, Refugia Franklin, Vice President, and H. A. Smith, Secretary and | Treasurer.
 TX. These articles of incorporation may be altered or amended at any regular meeting of the stockholders, or at any special meeting called for that purpose, by an affirmative vote | of the majority of the stock then issued: and the Board of Directors or any three stock holders may call a meeting for tbat. or any other purpose not inconsistent with law but | notice of such proposed amendment shall be given to each stockholder, either personally or in writing, at least thirty days prior to the meeting at which such amendment shall be voted upon.
 l IN WITNESS WHEREOF we have hereunto set our hands and seals this Sth day of January | A. D. 1907.
 0. K. FRANKLIN, [SEALl. H. A. SMITH, SEAL
 REFUGIA FRANKLIN, SEAL.