Graham guardian., 1908-04-17
lSt Publication March 1S-6t
ARTICLES OF INCORPORATION
THE BANK OF Stafford

KNOW ALL MEN By THESE PRESENTS:
That we, whose names are herennto sub
scribed, have associated ourselves together for
the purpose of forming a Corporation under the
Laws of the Territory of Arizona, and to that
end do hereby make, adopt sign and acknowl-
edge the following Articles of Incorporation:
ARTICLE.I.
The names OF the Corporators hereto are
ID. W. Wicker ham, J. n. Porter l. e. Solomon,
Geo. ,oIney, J; ], Birdno, PHI Freudenthal,
Maury Grider W. ljams, I. p. Greer, j. n
Robinson, j. e. Robinson and f. W. Clayton.
ARTICLEI ii
The name of the Corporation Is, and shall be,
The Bank of Stafford
ARTICLE III
The principal pace of transacting the bust
ness of this Corporation is. Stafford, Graham
County, Arizona Territory. but the Board OF
Directors may estab ish branch places of trans
acting business of this Corporation.
ARTICLE "
The general nature of the business to be trans
acted by this Corporation is the following To
engage in genera 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, c unity, school and Territorial War
rants, Bonds, and other evidences of Municipal
Debts: God. Silver and Copper Bull ion; Notes
and Mortgages ON real and personal property,
as well as Stocks and Bonds of other Corpora
tionS; TO buy, own and sell real estate and per
sonal 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
ton is twenty-five Thousand $4,000 Dollars,
divided into Two Hundred and Fifty Shares of
the par value Of One Hundred $500 Dollars
each. Such capital stock shall be fully paid
into this Corporation, either IN cash or property
suitable for the uses and purposes of this c r
poration Immediately upon subscription there
ARTICLE vi
The affairs of this Corporations 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 ID. W. Wickersham, j. N. Porter. Chas.
f. solomon, Geo. A. Olney, Maury Grlder, !. e.
solomon, j. j. Birdno, y. @. trna and Ph.
Freudenthal 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 OH shall be President, one, or more Vice
Presidents and Cashier The President and
Vice Presidents shall be elected from The Board
of Directors within ten days alter the annual
meeting of the STOCKHOLDERS of this Corporation,
and the Cashier shall be selected by the Board
" 1tSCNbiS Nv WV sNilic lhlt- NC IOllONluS
persons shan be the officers Of sa d Corporation
until the annual meeting in January 1909: ID.
a. Wickersham, PRESIDENT; J. N icrter Vice
resident; J. f. Solomon, Vice resident; Geo.
A OIney, Vice President, and l.. W. Clayton,
Cashier The Board of Directors shall have
authority to fill any vacancies occurring in beiF
number. or among the officers of the Corpora
ton majority of such meyG GbeiA Shall const
tute quorum and any Aeeting of such Board
of Directors St Which quorum is present, shall
be deemed II legal meeting.
ARTICLE VII
The time OF CoMmegcement of this Corpora.
ton shall be ON the date Of the fiiipg Of u Ger
tiged copy of these Articl Of luCoFpo nation in
the office of the Auditor of the Territory of Arl.
IONA. and the termination shall be Twenty-Five
yeays thereafter Naless further extended nc
eoydiAg to law,
ARTICLE VIII
The highest amount of Indebtedness or lisbti.
ity, direct or contingent, to which this Corpora
tiOn is at any time to subject itself, shall he
two.thirds of its capital stock,
ARTICLE TX
The private property 0f the stockholders OF
| this Corporation shall be exempt from corporate
| debts.