Daily Arizona silver belt., 1909-05-27
LEGAL ADvERr1sEMENrs.

said company, or by conveyance, trans fer, assignment or delivery of property which may be purchased by said com pany, or by rendition of services or per formance of labor for said company, Or by the satisfaction and discharge of any obligation or obligations which may be incurred by said company, or in any other lawful manner which may be determined upon by the Beard of Directors of said company. All shares of stock when issued shall be fully paid and the same shall be forever non-assessable.
 FOURTH
 That the time of the commencement of this corporation shall be the time when certified copy of these articles as recorded in the office of the County Recorder of said Gila County shall be filed in the office of the Auditor of the Territory of Arizona, and the termina- ton thereof shall be twenty-five years from and after said date. FIFTH The officers by whom the affairs Of this corporation are to be conducted, shall be a Board of Directors, the number of which shall be fixed from time to time by the bylaws of this corporation, but the number thereof shall not be less than three or some odd number more than three which shall not exceed or be more than seven, who shall be elected annually from ation, PROVIDED, however, that at any regular or special meeting of the stockholders the number of directors may be increased or decreased, ny the bylaws of said corporation, in accord ance herewith, and such directors shall serve until their successors are elected and qualified.
 The annual stockholders meetings snail be held on the first Tuesday lfter the first Monday of July of each year, during the life of this corporation, at which meetings said directors shall Oe elected, as shall be provided by by lava
 There shall also be president, first vice.president, second viee-president, secretary and treasurer, and such otb. CT officers as shall from time to time be provided for by bylaw, all of whom shall be elected or appointed in such manner and at such times and for such terms as the bylaws may pre- scribe.
 The affairs of this corporation gre to be conducted by board of seven di- rectors composed of J. N. McDonough, James Braeco, J. J. Keegan, A. W. sydnor, Charles Banker, Frank W. Mur- dock and A. Pianfetti, of whom, J. N. McDonough shall be President, James Braeco, Vice President, J. J. Keegan, secretary, and A. W. Sydnor, Treasurer, who shall hold office until ths annual election to be held on the 9th day of July, 1909, and until their successors are elected and qualified, and such Board of Directors Is hereby given the power and authority to make and adopt bylaws for the conduct and manage ment of the affairs of this corporation, to adopt corporate seal and to do and perform such other acts and thipgs as may be necessary in order to trans act the business provided for in fhese Articles of Incorporation.
 SIXTH
 The highest amonnt of indebtedness or liability, dirc..: or contingent, 10 which said coMpany is at any time to subject itself or be subjected, shall not exceed Sixty-five (s65, 5,000.o0) Thousand Dollars.
 SEVENTH
 The private property of the stock holders of this corporation shall be ex- empt from liability for the payment of corporate debts.
 IN WITNESS WHEREOF, we havs hereunto set our hands this 24th day of May, 1909.
 A. W. SYDNOR
 F. W. MURDOCH
 JAMES BRACCO
 CHAS. BANKER