The Winslow mail., 1910-05-07

general bail ing uslless; it may istl
not es, boz ds AID other evlde nc. OF IN
ebledness and secure the pay ment IF
the same by mort gaze or .oti Ell wis, IL
may ACT as adminletrat or, eXecul or, re
ceiver, trustee or in any OF her fiuuclar.
capacity and do a geLeral Trust bus
luess; 1t ma. receive money OIL uel sit,
payable Oh demand or at oetlnite
period, aud may If the Board of Di &c
tors SO determined pay interest Oh term
deposit; 1t may acquire its own or the
capital stock of her corporations; il
may borrow and loan money, buy, sell,
discount, pledge, hold and deal i'll all
kinds of negotiable paper, includiI g
prOmlSsOry notes, bills of exchange,
mort cages. stocks, bonds, aud city,
! school, county 1trrlt OrIai and Other
warrants; 1t may buy, sell aud deal in
gold, silver, bullion aud ores; II may
loan money OH personal security or On
collateral, or OH real or ersunai pro-
pt rty as may be determined by the
Board of Direc, ors, aud may do any
aud all things necessary or advisable
i'll the transaction eud carrying on of
general banki.g 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 1925, ,000) dollar 8,
div ded 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, tram
Sartion of business; all of said capital
stock shall be paid for i'll cash, or it's
equivalent, at not less than its 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
Fl 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.
T. The Board of Directors of said
corporation shall elect a President, a
Vice President, Secretary who shall
be ex otficio Cashier, and such officers
as may be provided In the by laws,
Snch officers shall hold Office until the
election of the next Board of Directors
at the next annual ST stockholders meet !,
ing each successive Board of Direc-
tors shall elect the foregoing Ctficers.
s. The time of the commencement of
this corporation shall be the date of
ding of certified copy of these Art
lcles of Incorporation in the office of
the Territorial Auditor, and the ter
mination thereof shall be twenty five
years thereafter.
9. Any vacancy occurring in the
Board of Directors shall filled by the re-
naming members of said Board until
the next annual stockholders meeting.
10. At all stockholders meetings
stockholders may vote their stock
either in person or by duly authorized
proxies.
H. The private property of stok-
holders, officers and directors of this
corporation shall be exempt from all
corporate debts.
II The highest amount of indebt-
.dness or liability, direct or contin-
GENT, to which this corporation shall
AZ any IIn0 SuUJ0CI IISolis oACcpC lOT
liability on deposits is sixteen thousand
i've hundred ($l6,500) dollars.
In Witness whereof, we have
lereunto subscribed our names and
.tfixed our seals this 23rd. day OF April
4. d 1910.
Jno r. Hulet
VIM. II. Dagg
Oscar 5. brown
Geo II Keyes, Jr.
E. j. Gibson.
TERRITORY OF ARIZONA,l 90
Jonnty of Navajo,
Before me the undersigned,
Notary Public in and for the County
If Navajo, Territory of Arizona, on
his day personally appeared John r.
Iulet, VIM. H. Dagg Oscar s. Brown,
George II. Keyes, Jr., and E. j. Gibson,
Known to me TO be the same persons
whose names are su bscribed to the
i0regoing instrument and acknowledge
ID to me that they executed the same
for the purpose and consideration
herein expressed.
Given under my hand and Official
Seal this 23rd day of April. A ID. 1910.
Sidney Sapp,
Seal No ary Public.
Ny Commission expires,
Nav 81, 1918
First Publication April 80, 1910.