The Winslow mail., 1910-06-04

perty as may be determined by the
Board of Directors, and may do any
and all things necessary or advisa BILE
in the transaction and carrying on of
general banking business, or incl
dental thereto, as fully and completely
as natural person might or could do.
5. The authorized amount of capital
stock of this corporation shall be
twenty five Thousand ($25,0OO) dollars,
divided into two hundred fifty shares
of the par value of one hundred dol
lars each; all of said stock shall sub
scribed for and actually paid up be-
fore the corporation begins the, tran
Saction of business; all of said capital
stock shall be paid for in cash, or it's
equivalent, at not less than it's par
value
g. The affairs of said corporation
shall be conducted by Board of five
Directors. Until the first Wednesday
after the first Monday in January 1911,
the following named persons shall
constitute the Board of Directors of
this corporation: John r. Hulet, VIM.
a Dagg, Oscar S. Brown, George FL.
Keyes, Jr., and E. j. Gibson.
The stockholders of this corporation
shall hold an annual meeting on the
first Wednesday after the first Monday
in January, 1911, and annually there
after, and at such annual stockholders
meetings Board of Directors shall be
elected to hold Office for the ensuing
year.
7. The Board of Directors of said
corporation shall elect President,
Vice President, Secretary who shall
L - Ia
as may be provided In the bylaws,
Such officers shall hold office until the
election of the next Board of Directors
at the next annual stock holders meet
ing d each successive Board of Direc-
tors shall elect the foregoing officers.
s. The time of the commencement of
this corporation shall be the date of
filing of a certified copy of these Art
icles of Incorporation in the office of
the Territorial Auditor, and the ter
mination thereof shall be twenty five
years thereafter
8. Any vacancy occurring in the
Board of Directors shall be filled by
the remaining mem bers of said Board
until the next annual stockholders
meeting.
10. At all stockholders meetings
either in person or by duly authorized
proxies.
II The private property of stock
holders, officers and directors of this
corporation shall be exempt from all
corporate debts.
r. The highest amount of indebt-
edness or liability, direct or contin-
gent, to which this corporation shall
at any time subject itself, except for
liability on deposits is sixteen Thousand
FIVE hundred (SI6,500) dollars.
In Witness " hereof, we have
hereunto subacribed our names and
affixed our seals this 23rd. day of April,
A. d. 1910.
Jno. r. Hulet
Wm. Fl. Dagg
Oscar s. Brown
Geo. Fl Keyes, Jr.
E. J, Gibson.
TERRITORY OF ARIzONA,l as
County of Navajo,
Before me the undersigned,
Notary Public in and for the Comfy
of Navajo, Territory Of Arizony on
this day personally appeared Joan
Hulet, VIM II. Dagg, Oscar 5. Blown,
George II. Keyes, Jr., and L. j. GIBSON,
known to me to be the same pefsons
whose names are su bscribed tp me
foregoing instrument and acknowledg-
ed to me that they executed the same
for the purpose and consideration
therein expressed.
Given under my hand and O6cial
Seal this 23rd day of April, A II 1910
Sidney Sapp,
[Seall Notary Pqbllc.
Ny Comm mission expires,
May ~, 1918
First Publication April 80, 1910