The border vidette., 1912-02-17
ARTICLES OF INCORPORATION
 OF THE Mira Monte Sanatarium, Incorporated.

hereto subscribed, being deslrOuS Of forming a corporation under the laws purpose have this day voluntarily as sociated ourselves together into n body corporate, and do hereby make, ac- knowledge, execute and publish these Articles of Incorporation. and d o here- by certify:
 The name of this corporation and by which it shall be authorized to transact it. business is MIRA MONTE SA- NATARIUM, INCORPOR RATED."
 II
 The names of the incorporators are A. l.. Gustetter, H. w. Purdy, Bracey Curtis and Theron Richardson. The principal office and place of transact ing the business of this corporation shsll be at the town of Nogales, Santa Cruz County. Arizona, and branch of fees, sanatariums and stores may be kept and maIntained and conducted at such other place or places either in the United States or foreign countries as the Board Of Directors may at any time determine.
 The time of the commencement of this corporation shall be the dav of the recording of these Articles of Incorpo- ration In the office of the County Re- corder of Santa Cruz County, Arizona, and a certified copy thereof in the of- flee of the Auditor for the Territory of Arizona, and the termination thereof shall be twenty five years thereafter, or as provided by law.
 ".
 The amount of the capital stock of th's corporation shall be Ten Thousand Duilars (S1O, OOO) divided into ten thous- and shares of par value of one dollar per share. At such time and under such c .'nditions as the B ard of Direc- tors shall determine, the shares of stock purchased by subscribers thereto shall be paid for either in cash or by services rendered for the benefit of tue corporation or by the sale and transfer to the corporation of real or person al property, and the Board of Directors may issue shares of stock in exchange for services or property. and their judgement in so doing, including the price to be paid for such services or property shall, in the absence of fraud, be conclusive. Shares of the capital stock, when issued. shall be fully paid and assessable.
 V.
 The highest amount of indebtedness or liability, either direct or contingent, to W hich this corporation is at any time to subject itself, shall not exceed the sum of six thousand five hund red dollars; and the private property of the stock holders of this corporation shall be forever exempt from the pay ment Of its corporate debts.
 VI.
 The general nature of the business proposed to transacted by this corpo- ration Is to own, maintain and cond uct hos pitais and sanatarlums and drug stores at such place or places as the Board of Directors may determines; to buy, sell.> deal in and handle drugs, medicines, chemicals, medical and sur gical supplies, surgical instruments, hospital furniture and appliances, and all supplies. appliances, materials and apputenances necessary or convenient in the practice of medicine and in the care and treatment of the sick; to erect, build, own. maintain and conduct hos pltals, sanatariums, drug stores, hotels and others buildings necessary or con- venient for it's said business and for the care and treatment of the sick and for the prevention and cures of disease; to buy, own. sell, mortgage or other wise hypothecate or dispose of real estate and all kinds Of personal prop erty, and generally to do and transact all business which it Is lawful for nat ural persons to do or transact, all Of which said business may be carried on at such place or places either in the United Estates or foreign countries as the Board of Directors may deem neces- sarv or expedient for the best interests of the corporation.
 The business affairs of this corpora tion shall be conducted by of a Board of Directors consisting of five members, each whom shall be stock holder, and whenever any director ceases to be a stockholder he shall also, by reason thereof, cease to be a director, The dI- rectors shall be elected annually by the stock holders at their regular annual meeting, which shall be held at the ot- flee of the corporation in the town of Nogales, A rizona, on the first Monday of February in each year, and they shall hold their office for one year or until their successors are chosen and qualified; provided, however, that A. l.. Gustetter, H. w. Purdy, Bracey Curtis, Theron Rich ardson and E. Tit comb shall compose the first Board of Directors and they shall continue to constitute the Board of Directors until the regular annual meeting of the stock holders on the first Monday Of February, 1913 Any vacancy in the Board of Directors may be filled by the remaining mem bers of the Board by appointment from the stock holders, and majority of the Board of Direc- tors shall constitute a quorum for tue transaction of business.
 VIII.
 Within ten days after the election of at the office of the corporation and elect from among their number the officers of this corporation who shall be a Pre- Treasurer, end such other officers and
 l. D., ~R