Daily Arizona silver belt., 1907-10-11

meeting of said Globe Chamber of
 Commerce duly called and held on the
 Sixth day of August, A. D. 1907, at the
 Courthouse in said City of Globe, at
 which time and place the said persons
 were duly and regularly nominated as
 such Governors, and upon vote of the
 members of said Globe Chamber of
 Commerce duly taken, cast and can vassed, were elected as such officers, to
 hold office until the first annual meeting
 of the corporation and until their sue
 eessors shall be elected and qualified, as more fully and at large appears by the
 oath of the officers conducting said cleo
 ton, hereunder written.
 Said Board shall have power to fill
 vacancies in the membership of said
 Board, however oeasioned, by the selec- ton of qualified persons; to make and amend bylaws, rules and regulations for the conduct of the Company 8 busi- ness, the preservation and use of its property, and to prescribe the duties of the officers, executive committee and employees of the corporation; to have general supervision and charge of its property and business, and to exercise any and all corporate powers and fune- tions on its behalf.
 Said Board shall elect from its own members an Executive Committee con sisting of five Governors, one of whom shall be the President of the corpora tion, which Executive Committee shall, when the Board is not in session, have and exercise all the powers of said Board; and the President of the eorpor- ation shall be ex-ofiicio chairman of said Executive Committee.
 The officers of said corporation shall be president, as many vice-presidents as the Board may deem necessary or proper, to be known as 1st, 2nd, 3rd, etc. vice-presidents; a secretary, a treasurer, and such other officers as the Board may designate, who, together with the Executive Committee, shall be 1 chosen by the Board at its first meeting, and thereafter at the annual meeting of said Board, to be held on the first Tuesday after the annual meeting of the members of the corporation, and said officers and Executive Committee shall hold office until the succeeding an nual meeting, or until their successors ! are chosen and qualified; and all vacan- cies in any office, or in the Executive Committee, however and whenever oc- curing, may be filled by the Board of Governors by the election of qualified persons.
 The president and the first vice-presi. | dent shall be members of the Board of | but all other officers may be chosen by the Board without refer ence to such membership, but they shall be members of the corporation.
 The Board shall also, from time to | time, designate and appoint from the of the corporation such com mittees and sub-committees as may be provided for in the bylaws of the cor poration or as to said Board may seem necessary or desirable for the proper conduct and oversight of any particular matter of business of the corporation, and said committees, when so desig- | mated and appointed, shall have juris diction and oversight, direction and of such matters of busi- ' ness, and shall exercise such powers on behalf of the corporation in relation thereto, as may be granted or fixed by the bylaws or fixed by resolution of the Board providing for the appoint ment or designation of such committees; but all such committees shall act for the corporation subject to the oversight of the Board, and shall be agents to bind the corporation only to the extent fixed by such bylaws or such resolu- ton and only as to matters within the scope of their authority and contem- plated by such bylaws or resolution.
 ARTICLE VII.
 The highest amount of indebtedness or liability to which this corporation may at any time lawfully subject itself