The Winslow mail., 1910-04-30
Articles Of Incorporation
OF
The Bank of Winslow.

That we, the undersigned, have this
day associated ourselves together for
the purpose of forming a corporation
Under the laws of the Territory OF
Arizona, and for hat purpose d o adopt,
execute and acknowledge the following
articles of incorporation.
l. The name of this corporation shall
Le "The Bank of Winslowo"
g. The names of the this corporation
are, John r. Hulet, VIM. IL. Dagg,
oscar S. Brown, George H, Keyes, Jr.,
and E j. Gibson.
8. The principal place in which the
business of this corporation is to be
.arried on is at WlnslOw, Navajo
county, in the Territory of ArlzOna,
out the corporation may have branch
offices and places of business at such
other places in Arizona as may be de
rermined by the Board of Directors.
4. The general nature of the business
O be transacted by the corporation il
that of a general banking business. II
NAV buy, sell and deal i'll exchange OF
all kinds; it may own, acquire, hold
md sell such real estate as The BoarO
If Directors may deem advisable i'll
he transaction and carr, ing on of
uotes, bonds aud other evidence of H.
iebteduess and secuIe e the payment OF
he same by mortgage Or otherwise; Il
nay act as administrator, executor, re
ceiver, trustee or i'll any other fiduclar
capacity and do geLeral trust bus
mess; it may receive money on deposit,
payable on demand or at detinit,
period, and may if the Board of Direc
tors so determined pay interest on term
deposit; it may acquire its own or the
capital stock of other corporations; II
may borrow and loan money, buy, sell,
discount, pledge, hold and deal in all
Alnds of negotiable paper, lncludi
promissory notes, bills of exchang+.
mortgages, stocks, bonds, and city,
school, county Territorial and other
warrants; it may buy, sell and deal
gold, silver, bullion and ores; it ma.
oan money on personal security or Ol
collateral, or on real or personal pro-
oerty as may be determined by tht
Board of Direct Ors, and may do All!
and all things necessary or advlsabl,
IN the transaction end carrying OH Ul
. general banking business, or Incl
iental thereto, as fully and completed!
ts natural person might or could do.
5. The authorized amount of capita
took of this corporation shall b,
wenty five thousand ($25,000) dollars,
tivlded into two hundred fifty share,
# the par value of one hundred dOl
ars each; all of said stock shall sub
cribed for and actually paid up be-
ore the corporation begins the, tran
,action of business; all of said capita
took shall be paid for in cash, or it,
quivalent, at not less than it's PAL
'alue.
6. The offairs of said corporation
,hall be conducted by Board of fiv,
directors Until the first Wednesda,
fter the first Monday in January 1911,
ne following named persons Shall
oustitute the Board of Directors OF
his corporation: John r Hulet, VIM
Dagg, Oscar S. Brown, George II
leyes, Jr, and E. j. Gibson.
The stockholders of this corporation
nall hold an annual meeting on th'
lrst Wednesday after the first MOnda!
/ January, 1911, and annually ther,
fier, and at such annual stockholders
meetings Board cf Directors shall bt
lected to hold office for the ensuiL1
ear.
z. The Board of Directors of saic
.orporation shall elect a President,
Vice President, Secretary who shall
70 ex. OtticiO Cashier, and such officers
.s may be provided IN the by laws,
such officers shall hold office until the
lection of the next Board of Directors
It the next annual st tOckhO!ders' meet
ng each successive Board of DIrec-
ors shall elect the foregoing officers
8. The time of the commencement OF
his corporation shall be the date O.
ling of certified copy of these Art
cles of Incorporation in the Office o
be Territorial Auditor, and the ter
nination thereof shall be twenty five
years thereafter.
9. Any vacancy occurring in the
Board of Directors shall by the remain
ing members of said Board until thu
next annual stockholders meeting.
1O. At all stockholders meetings
stockholders may vote their stock
either in person or by duly authorized
proxies.
IL The private property of stock
holders, officers and directors of thi,
corporation shall be exempt from al
corporate debts.
II. The highest amount of indebt.
edness or liability, direct or contin-
gent, to which this corporation shall
at any time subject itself, except foI
liability on deposits is sixteen thousand
five hundred ($l6,500) dollars.
In Witness whereof, we have
hereunto subacribed our names ant
affixed our seals this 23rd. day of April.
A. ID. 1910.
Jno r. Hulet
VIM. II. Dagg