The border vidette., 1912-01-20

of oil W Ills, oil lands, mineral lands and pros pects of gold. silver ani other precious metals. Ia ads anI properties, petroleum, mineral gas d natural gas, asphaltuln. coal, bitumer, stanres, an: the D odmcts of all such snb- ~a1fr bn ana %ntsr r1gh's npa %aste a Id ma nts,n. sell, lease, hypOthecate or othe and ss stems tnd telegraph lines and systems, and all parts. appliances anG instruments used m ronnrction tht with.
 Pc borrow money. ami to issue it's notes, h nls. mortgages and other evIdences of debt fu. m all matt..rs and things which neces- sary or ex. edient to carry out the purposes of thie corr araaIon.
 ton siIan bs Two Million fs2 100000, Dollars. di vi'ed into Two Hundred Thousand C2oO0OO) each. -u scriptions to the apitai stock may be pa for inc sh or by the sale a nd transfer If oration. or m such manner as the Boa I'd of Di- rectors shall :,tternn,ne; and in the a,sence of of the Board of Directors shall be conclusi ve. b.. fu.ly aid ami non-assessabl,. The capital stock may be increased nr decreased hy tlie uiIi maeive vote of a majority of the stock tut in O the finer of the capital stocz each shareholdrr shall ave the privilege of sub, shares as he may he entitled to proportion t" the number of shares held by him prior to such increase.
 The highest amount of indebtedness or lla bility. either direct or contingent, to wh'cr this corporation is at any time to subj ct itself,
 
 capital stock. and the stookho ders of this cor poEation ami their private property sh: II be forfv''r ex"mptfr m he payment or It's cor p)rate de b:s.
 The business affairs of thia corpor ation she be i;Icted by 8 Board of Directors cons st. stoc sho der of the corporation and no D ,rson Il be eiigI as a director unless he IS <uch year shail be elected by the stockho, do.r at their regaiar anu a al meeting which S shali , be Arizona. is @ on the the first TueDday after the first Monday of Janusry of each year, and they elected and qualified. Any ya+ancy in the Board of Direftors shall IL be filled il by the re | m mt from among the stockholders. and a ma tmte quorum for the transaction of business. Is The first Board of Directors shalt be J. ". Re:sey iieHe; and w 5 Murray and thoy shaii hold their office until rie first annual meeting of elected and qualified.
 Within fiftrea days after the election of any Board of D rectors. they shall meet at any of officers off of this @ oorporation who shall be a President. Vice President Secretary and Trea- Board of Directors may from time to tirnee consider necessary to transact the business of | Treasurer shall be members of the Board of Directors ani any two offices may be S hsld t by office during tine life of the Board of, Directors by whom they are elected ana d11 n sne ren owed in e-mAnner provided by law Y: :i. 1 These Articles. of, Incorporation gnlay be a1tered-or amended at any regular meeting of l for that purpose by the affirmative vote of a majority of the stock, and the Beard of Dl- rectors or any three stockholders may call a | meeting of the stockholders for this or any other purpose nut inconsistent with law. but notice of eurh proposed amendment shall be given to each stuckholder either personally or by letter deposited in the postofEice df1ected to the stock holder st his last known place of residence at least twenty days Drier to the meeting at which such amendment IS to be voted upon. ff IN WITNESS WHEREOF, We have here unto set onr hands and seals this fifth day of January, A, D., 1912. J. w. BIBLE.
 T. l. LOWE,
 w. +. CHENOWETH,
 H. w. KELSEY.