Daily Arizona silver belt., 1907-03-23
shall be conclusive.
 ARTICLE ".

ARTICLE ".
 The time of the commencement of this corporation shall be the time when these articles are filed in the office of the County Recorder of Gila County, Territory of Arizona, provided that certified copy thereof shall be filed in the office of the Territorial Auditor of Arizona; publication of said articles shall be made, and affidavit of such publication filed, in the manner and at the time required by law. The termina. tion of this corporation shall be twenty five years from and after the date of filing certified copy of said articles in the office of the A tor of the Ter. ritory of Arizona.
 ARTICLE V.
 The affairs of this corporation shall he conducted by a Board of ten direct ors, elected annually by, and from among, the stockholders, but the mum Der of directors may be increased by vote of the directors and in the event of suck increase occurring, then such 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 such 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, Secretary and 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:
 C. 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 J. Stoneman, Globe, Arizona. "' ~. toftcI, NlODe, ArlHOna.
 Thereafter the Board of Directors shall be elected by the stock holders at their annual meetings, and the follow ing named persons are hereby made and the officers of this corpora tion until their successors are elected, to wit:
 James W. Graves, President, Rich mond, Va.
 Julius A. Hobson, Vice President. Va.
 Thos Armstrong, Secretary & Treas nre-, Richmond, Va.
 The Board of Directors shall have power to fill all vacancies in such Board pr officers of the Company, caused by or otherwise, and until their 1 successors are elected and qualified such Board and such officers are hereby giv- sn the power and authority to do and perform any and all duties usually con leeted with like offices, which powers md duties, while so acting as officers md directors of this corporation, shall include the adoption of a corporate seal md the affixing thereof to any stock certificates or other instruments of 8 writing winch may be issued or exc g .uted by them under the powers herein conferred, as well as the adoption of l III necessary Bylaws for internal con iuct and management of the affairs of his corporations. Meetings of the Board of Directors E nay be held at such times and places I IS may be designated by the Bylaws ! IT by Resolution of the Board of Di- | eetors The Bylaws may prescribe { he number of directors necessary to { onstitLte quorum of the Board of l Directors, which number may be less V han a majority of the whole number of l directors. The Board of Directors may appoint t n Executive Committee, of which t majority shall constitute quorum, ! which Committee shall have and may q xercise all or any of the powers of I he Board of Directors, including power f o cause the seal of the corporation to n e affixed to all papers that may re ; uire it. c
 ARTICLE VI. N The highest amount of indebtedness 2 r liability to which the corporation \ hall at any time subject itself shall f e and is hereby fixed at the sum of 6 I 000,00000. d
 ARTICLE VII. D The private property of the stock ., elders and directors of this corporation ' nall be exempt from liability for the r ayment of corporate debts of any N mount whatsoever ~ IN WITNESS WHEREOF, the Ineor- Q orators have hereunto set their hands |, lis 26th day of February, 1907. :,
 JULIUS A. ROBSON NS9 /,
 JAMES w. GRAVES NS.) "
 LEWIS D. AYLETT H.S.) |,
 THOS. ARMSTRONG N.S.) ~,
 FRANK P. RYAN N.S.) n
 JOHN w. MASSIE G.S.) n
 w. II. MERCER N.S.) n