The oasis., 1907-01-19

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 fo en0aHl lu eatfg un fndeunBWtf TbhefH Ndtflr h0tfupts. Nuu tu thHf Nuai iu Nuf. 0Nll. nl flRHaN nf ithtfNiee 1lspNsN ui Hf HHnHlN Hl Rnd. tf cattle md lve stock oi aily Kind Whnisartpf. and iN do and eHffV uu Hll things peft8ifing i0 thp cattle buslnpss f1 wfehaep Ot otherwise Hcuuifc hOd, own. pledge hypnthcpate setl Nf otherwise dispose 0f ahAfps Uf stuck uf other corporations To borrow money execute notes, bonds. mortgages, aud deeds pf trust and Co secure tle sanei To du and perform all matters and thluRs necessary, expedieut Of proper Ot lawfUl co carry oui thu purposes aud businesses or acts for which n4 dividuals may lawfully associate themselves together Co perform. and do and perform every act whatsoever which is lawful for natural occupations may be carried on at such places, either in the United States or foreign countries as the Board of Directors may consider for the best interests of the Corporation.
 Y. The amount of the capital stock of this Corporation shall be Fifty Thousand Dollars tslOOO00) divided into Twenty-Five Thousand Dollars eaCh, and said shares Of Stock shall be fully paid up and nou.assessabe at the time of issuing the certificates therefor
 The capital stock may be increased or de- creased by the affirmative vote of the stot k then issued but in ease of the increase of the capital stock, each shareholder shall have the privilege of subscribing for such mum Der of shares of the proposed increase as may be allotted to him according to the prO- p0rtiOnal number of shares held by him at the time of the increase.
 VI. The highest amount of indebtedness or 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 (Sl0,0OO0O) and the private property of the stockholders of this Corporation shall be exempt from the payment of it's corporate debts.
 VII The business affairs of this corporation shall be conducted by a board of directors con sstng of not less than three nor more than | seven mem bers. each of whom shall be stock holder: and whenever any director ceaGes to be stockholder he shall at the same time ! cease to be a 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- | pointmelt is made The first Board of Diree- 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. | WILL Within ten days after the election oi any Board of Directors they shall meet at the | principal office of the Company, tO-Wit, at | N0gales, Arizona and elect the officers of this | corporation, which will be a President, Vice President, and Secretary and Treasurer, and such other minor officers and agents as the Board of Directors may deem necessary for the best interests of the Corporation The Presi- dent and the Treasurer, and the Secretary ! shall be members of the Board of Directors 1 and the office of Secretary and Treasurer may i 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 vote Oi | two thirds of the Directors.
 Until the first annual meeting of the stock | holders the following named shall constitute l the officers of this corporation, tO-wit: Q. K. Franklin President, Refugia Franklin, Vice. President and II. A. Smith, Secretary and | Treasurer.
 TX. These articles of incorporation may be | altered or amended at any regular meeting oi 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 q meeting for that. CT any other purpose not inconsistent with law. but notice of such proposed amendment shall be given to each stOckholder, either personally oi in writing, at least thirty days prior to the meeting at which such amendment shall be voted upon.
 IN WITNESS WHEREOF we have hereunto sci l our hands and seals this Sth day of January l A. D. 1907.
 0. K. FRANKLIN, [SEALl
 H. A. SMITH, [SEALl. REFUGIA FRANKLIN, lSEALl.