Arizona republican., 1909-03-26

plements. candles, and conveniences suitable for use in connection with mining and metallurgical operations. To purchase. lease. or otherwise ac- quire. lands for the purpose of erecting thereon office buildings. plants. work shops. dwelling houses. warehouses. stores. hotels, and other buildings in connection with the foregoing pur- poses.
 Fifth: The authorized amount of capital stock of this corporation shall be S25,OOO.OO. divided. into one thou sand shares of the paf9valusAof s25.0O each.
 The board of directors may cause said capital stock or any part thereof to be subscribed or paid for in cash. in the purchase or exchange or trans action of real or personal, property and for services rendered. land to issue or cause to be issued anr part or all of the capital stock as required. at any time or from time to time, and when so issued it shall be fully paid and nOn- -assessable. and in the absence of fraud in the transaction. the judgment of the board of directors as to the value of services rendered shall be conclusive. Shares of stock may be voted by proxy at all stockholders meetings.
 Sixth: The time of the commence ment of this corporation shall be the date of the filing of a certified copy of these articles of incorporation in the office of the territorial auditor of Arizona. and termination thereof shall be twenty-five years thereafter.
 Seventh: The affairs of this cor poration shall be conducted by a board of directors, who shall be elected an- nually by the stockholders at the an- nual stockholders meeting.
 Eighth: The annual meeting of the stockholders shall be held on the first Tuesday after the first Monday in the month of January ofseach year.
 Ninth: The highest afnount of in debtedness or liability. direct or con- tingent. to which this corporation is at any time subject,s shall be 20 per cent of the capital stock.
 Tenth: The private property of the stockholders of this corporation shall be exempt from corporate debts of any kind whatever
 Eleventh: One. of the principal places where the affairs as this cor poratiOn shall be held and conducted shall be Muskogee. Oklahoma. where the annual meeting of the stockhOld- CTS and directors shall be held and governed according to the constitution and bylaws adopted by the stock holders of this corporation.
 Twelfth: The officers and directors of this corporation shall consist of President, Vice President Secretary and Treasurer. and a Board of Direc- tors consisting of three stockholders, who shall be elected annually accord ing to the constitution and bylaws hereinafter adopted. The board of di- rectors may be increased or decreased by majority of the vote of all of the stockholders of said corporation.
 IN WITNESS WHEREOF, We have hereunto set our hands and seals this Fist day of January, 1909.
 c. F. HOLDERMAN.
 H. c. HOLDERMAN,
 w. C.. SAWYER State of Oklahoma,
 Muskogee County, ss:
 On this 21st day of January. 1909. before me, a notary public, in and for the state aforesaid. residing therein. duly commissioned and sworn. person. ally appeared C. E. Holderman, Henry Holderman and w. c. Sawyer. known to me to be the persons described in and whose names are subscribed to the foregoing instrument. and they acknowledged to me that they execut- ed the same for the purpose and con alterations therein expressed.
 IN WITNESS WHEREOF, I have hereunto set my hand and affixed my official seal at my office in the said state and county. the day and year last above written.
 CHAS. T. DIF'ENDAFER,
 Notary Public.
 NOtarial Seal.
 My commission eypireS Ian 24 1910