Graham guardian., 1908-03-27
1st Publication March l3-6t
ARTICLES OF INCORPORATION
Of
THE BANK OF STAFFORD

| Know ALL MEN by THESE PRESENTS:
| That we, whose names are hereunto sub
| scribed, have associated ourselves together tol
| the purpose OF forming Corporation under thu
Laws of the Territory of Arizona, and to tina
end do hereby ma G, adopt, sign and acknowl
edge the following Articles of incorporation:
ARTICLE |.
The names of the Corporators hereto are
ID. W. Wicker ham, J. n. Porter, l. L, solomon
Geo. Olney, J, ]. Birdno, Ph Prudential
y. g. Prina, Charles f. Solomon. II. J, Dowdle
Maury Grider, W: ljams, + =; Greer, j. N
Robinson, ]. Q. Robinson and L. W, Clayton.
ARTICLE II
The name of the Corporation Is. and shall be,
The Eauk of Stafford.
ARTICLE III
The principal place of transacting the bust.
ness of this Corporation is Stafford, Graham
County, Arizona Territory, but the Board of
Directors may establish branch places of trans
acting business of this Corporation.
ARTICLE Nv
The general nature of the business to be trans
acted by this Corporation Is the following: To
engage in general banking business, receiving
deposits and paying the same out upon the
order of the depositors; selling and buying ex-
change; borrowing and lending money: buying
and selling all kinds Of negotiable paper, such
as City, County, school and Territorial War
rants, Bonds, and other evidences of Municipal
Debts; Gold, Silver and Copper Bullion: Notes
and Mortgages on real and personal property,
as well as stocks and Bonds of other Corpora
tions; to buy, own and Sc real estate and per-
sonaI property, and to transact all business that
is consistent with banking business, and not in
conflict with the Laws of the Territory of Ari-
zona
ARTICLE
The authorized capital stock of this Corpora.
tion is twenty-five thousand (S25,0OO Dollars,
divided into Two Hundred and Fifty Shares of
the par value of One Hundred (sl00) Dollars
each. Such capital stock shall be fully paid
into this Corporation, either in cash or property
10 IA 10 for ha me- and nf this G. r.
for.
ARTICLE VI
The affairs of this Corporation shall be con-
Quoted by a Board of not less than five, nor
more than fifteen directors, and the following
named shall constitute the BOARD of Directors
until their successors are elected and qualified
to-wit: D. W. Wickersham, J. N Porter Chas
f. solomon, Geo. A. Olney, Maury Grlder, l. e.
Solomon, j. j. Birdno, z. G. trina and Phi
Prudential, and thereafter the Board OF Di
rectors shall be elected from among the stock
holders on the the third thursday of January
of each and every year. The officers of this Cor
porat on shall be President one, or more. Vice
Presidents and Cashier. The President and
Vice Presidents shat be elected from The Board
of Directors within ten days after the annual
meeting of the stockholders of this Corporation,
and the Cashier shall be selected by the Board
Of irectOrs at the same time. The following
persons shall be the officers of sa d Corporation
until the annual meeting in January, l909 d.
w. Wickersham, President; j. N. Porter, Vice
1 resident: l. E. Solomon, Vice President; Geo.
A. ney, Vice President, and K. W, Clayton,
Cashier. The Board of Directors shall have
authority to fill any vacancies occurring In their
number, OF among the officers of the Corpora
ton. majority of such members shall consti,
tute quorum and any meeting OF such Board
of Directors at which quorum Is present, shall
be deemed legal meeting.
ARTICLE VII
The time of Commencement of this Corpora
ton shall be on the date of the fling of GER
titled copy of these Articl' s-of Incorporation in
the office of the Auditor of the Territory of Ari.
zona. and the termination shall be Twenty-Five
years thereafter, unless further extended &C.
cording TO law.
ARTICLE VIII
The highest amount of Indebtedness or liabil.
ity, direct or contingent, to which this Corpora
ton is at any time to subject itself, shall be
two thirds of its capital stock.
ARTICLE1X
The private property of the stockholders of
this Corporation shall be exempt from corporate
lphtS