The Winslow mail., 1909-12-04

ou VI "nloH nDdll dC any Time appear aO-
visable or expedient for the protection
or benefit of the Corporation, either as
the holder of or interested in any pro-
perty or otherwise.
V.
The amount of the capital stock OF
this corporation shall be Fifty Thous-
and ($50,00Ul Dollars, devided into Fifty
Thousand shares Of capital 81 ock of the
par value of One f$l) Dollar per shave
each, which shall be paid IN, at such
times as the Board of Directors may
designate, in cash, real or personal
property, ontracts, services, or other
valuable right or thing, for the uses
and purposes of the Corporation, and
all shares of capital stock shall,
when issued in exchange thereafter,
thereupon and thereby become and be
full paid and worcestershire forever,
and the Judgment of the Board of Di-
rectors as to the value of any property
or thing, acquired in exchange for cap
ital stock shall be conclusive.
VI
The Corporation shall commence at
at the date Of the signing Of these Ar.
ticles of Incorporation, and shall en-
dure for period of twenty-five years
thereafter, but it's charter rights may
be renewed from time to time before
the charter expires not exceeding
twenty five years at time, perpetually.
VII
The affairs of the Corporation shall
be conducted by Board of Directors
of not less than three nor more than
seven Directors, and the names Of the
first Directors of said Corporation who
shall hold office until others shall be
elected according to the bylaws here
after to be adopted, are Geo. P. Samp-
son, w. A. Parr and w G. Kelly.
There shall be an election of officers
of the said corporation on the first
Monday in November, A. d. 1909, and
thereafter there shall be an annual
election on the the second Thursday
in April of each and every year, and
the persons so elected as Directors, and
other officers as may be provided by
the said bylaws aforesaid, and their
successors in Office shall be the officers
of the corporation and shall hold their
respective Offices until their successors
have been duly elected and qualified.
VIII.
The highest amount of liability to
which the said corporation shall at any
time subject itself shall not exceed
Thirty Thousand ($3O,0OO) Dollars.
The private property of the stock
holders and officers of the said corpo-
ration shall be and thu same is hereby
made 70 ever exempt from all liability
for the Corporation debts, liabilities
and obligations.
In Witness Whereof, we have here
unto set our hands and seals this 18th
day of September, A. d. 1909.
GEO. P. SAMPSON, (Seal)
w. A. PARR, (Seal)
w. G. KELLY, (Seal)
TERRITORY OF ARIZONA,l 90
COUNTY OF NAVAJO
Before me, W. P. Geary, Notary
Public in and for the County of Nsvs-
jo Territory of Arizona, this day per-
sonally appeared Geo. P. Sampson. w.
A. Parr and w. G. Kelly known to me
to be the persons whose names are
subscribed to the aforegoing instru-
ment and acknowledged to me that
they executed the same for the purpose
and consideration therein expressed.
Given under ny hand and seal of office
this 18th day of September, A. d. 1909.
| (SeaD W. P. GEARY,
Notary Public.
Ny commission expires Mar. 2, 1911.
The foregoing Articles of Incorpora-
tioL are hereby approved this 4th day
of October 1909.
G. P. BATES
Chairman Committee on Judiciary