Arizona republican., 1909-04-09

plan. shall at all times control all the affairs of the Company in stockholders
 meetings. At such time as the Board of Directors may by resolution pro vide. said capital stock shall be paid | in. either in cash or by the sale and transfer of real or personal property to this corporation for it's uses and purposes. in payment for which. shares If the capital stock may be issued at the price fixed by the Board of Direc- tors. and the stock so issued shall thereupon and thereby become and be full paid and -assessable. and the Judgment of the Board of Directors as to the value of the property and as tO the price fixed for the sale of said stock being the equivalent of the par value. shall be conclusive. Tn the dis tribution of dividends the preferred and treasury stock shall each receive the same amount of the net profits per share"
 3. That the fifth paragraph of said Charter as amended on the 16th day of September. 1907, be and the same is hereby amended SO as to read as fol- lows:
 Fifth, The affairs of this corpora
 ton shall be managed and conducted
 by a Board of Directors composed of 21 members. who shall take and sub
 scribe an oath to faithfully discharge
 the duties of director and shall there
 after hold office from the date of cleo
 tion to the first Monday of March next
 ensuing thereafter and until his sue
 cessor be elected and qualified. There
 shall be held an annual meeting of the
 stockholders on the first Monday of
 March of every year for the election of the Board of Directors and the
 transaction of such other business as
 may properly come before such meet
 ing. All vacancies occurring in said
 Board may he filled by the Board
 4 That the Sixth paragraph of the
 original Charter be and the same is
 hereby amended so as to read as fol-
 lows:
 sixth. This corporation IS hereby
 prohibited from contracting any in-
 debtedness in excess of the actual
 value of it's bills receivable and it's
 products on hands. and any debt at
 tempted to be contracted in excess of said sum shall be absolutely void.'' 3. That the eighth paragraph of the original Charter be and the same is hereby amended so as to read as fol-
 lows:
 Eight. All stockholders meetings of
 this corporation shall be held at the
 office of the Company in Phoenix. Ari- Zona, and at all such meetings votes
 may be cast in person or by proxy. as
 may be provided in the Bylaws of
 the Corporation"
 6. That a new paragraph be added
 to the original charter and numbered ninth. as follows:
 Ninth, That any amount due or to become this corporation from any shareholder. shall be and remain a first
 lien on the shares standing in the name of such shareholder, upon the books of the Company"
 In Witness Whereof. The President and Secretary of said Company have hereunto set their hands and seals, this 5th day of April. 1909.
 JAMES A. FLEMING, Attest: President.
 H. H. TUCKER, JR.., Secretary. Territory of Arizona,
 County of Maricopa-ss. Before me. Henry F. Shumaker. a | Notary Public in and for said county | and territory. on this 5th day of April, 1909, appeared James A. Fleming, | known to me to be the President of the Uncle Sam Oil Company. and known
 to me to be the person whose name is | subscribed to the foregoing instrument land acknowledged to me that he exc