The Winslow mail., 1911-05-20

such conditions as they may prescribe.
ARTICLE V.
The time of the commencement of
this corporation shall be the date of
the filing Of the certified copy of it's
articles OF incorporation in the office
of the Territorial Auditor, and the
termination shall be twenty-five years
thereafter, but its charter may be re-
newed as provided by law
ARTICLE VI.
It's business shall be conducted by A
| hoard of directors of not less than
four or more than fifteen, who shall
be elected at the annual meeting of
the stockholders, which shall be held
on the second Monday of April of
each year. The following named per-
sons shall act as board of directors
until the annual meeting and until
their successors are elected and quail
/ fed: Edward A Sawyer, William H.
Burbage, George +. Gardiner, William
! Olander.
ARTICLE VII
Sec. | The board of direct ors shall have
( power to hold any meeting and trans
act any and ali business for the comp,
pany at any place or time within the
/ Territory of Arizona or elsewhere The
board shall have power to estab blish
and adopt by laws and by a ma jority vote
may amend or change them, and make
such rules and regulations US may be
necessary aud useful for the manage
ment of its business not inconsistent
with the laws of the Territory of Ari
zona and of the United States. The
board of directors shall have full pow
er to manage all the affairs of the cor
poration.
! Sec. 2. To fill vacancies in the board
and from their own nun Der shall elecl
an executive committee, and vest such
committee with such powers as may
be by them delegated. The officers of
the executive committee shall be a
president, vice president, secretary and
treasurer.
ARTICLE VIII.
The articles of incorporation may be
amended or changed by giving of fif-
teen days written notice to each stock
holder of record. Said notice to give
the time and place of holding the an
nual or special meeting and to recite
the proposed amendment or change.
\ ma jority vote of the stock at any
annual or special meeting shall con-
troll; each share of stock being entitled
o one vote.
ARTICLE x
The highest amount of indebtedness
or liza ability to which the corporation
is to be at any time subject shall not
in the aggregate exceed the total
amount of its authorized capital
ARTICLE X
The private property of the stock
holders shall be forever exempt from
from liability of all corporate debts
IN WITNESS WHEREOF we have
affixed our signatures and seals the
II day of April, A. d. 1911
[sEALl f. A. SAWYER.
[sEAL' W. H. BURBAGE.
TERRITORY OF ARIZONA)
County of Navajo
Before me, r. q. Kaufman, Notary
Public in and for the said County and
Territory of Arizona on this day pei
sonally appeared Edward A. Sawyer
William FL. Burbage. to me known to
be the persons who subscribed to the
foregoing articles of incorporation,
and acknowledged to me that they ex-
ecuted the same for the purpose and
consideration therein expressed.
Given under my hand and seal of
office, this 18th day of April, a. d.
1911. +. G. KAUFMAN,
Notary Public.
My Commission expires Decembe
27, 1918.
Filed and recorded at the request of
W. Fl. Burbage, April IA, 1911, at 9 am,
and duly recorded in Volume l of Ar
ticles of Incorporation, on pages Nos
240, 241, 242, and 243, Records of Navajo
County, Arizona. G. HESS, JR.,
Recorder.
By G. M. G Houck, Deputy
IA ct