The border vidette., 1912-01-20

rorations for lighting power purposes or fer other legitimate purpose l: to build. cpnSt uct, maintain, own and operate telsihone lines and all parts. applianceS and in trunnnti used in l'us ness and to buy own. contract for ieeo' sell or otherwise dispose of and handle caltl@, rr ducts
 To borrow money. and to sue it's notes, to secure the same. and genc' ally 10 do and p'rrorm all mat CTS and thincs which arr. law purposes of this corporation
 "
 The amount Of the pital stock of this cor DO ation shah be one hundred thousand dollars (SIOO.O01) divided into one hundred thousand Subscriptions to the .pital stock may be lriid for in cash or by the sale and transfer or stochs or by services rendered to be rendered.. or in such other manner as the Board or Directors frlud in any such transaction. tho action Of the Board of Directors shnll be ccnclu''iTc shares of the capital stock when issued shall be fully paid and non-aSSeSSable. The capital stock ative vo'. of a majority of the stock. but in of the increase of the canital stock each scribing for such number Of the increased shares as he may be ent' led to in pronort on to the incIease or shre hei' oS nii p'oF 'o
 The highest amount ot indebtedness or lab- ilty. either dir Ct or contingent. to which this corporation is at time t ,u ject itself shall stock. and the private nroperty of the stock holders of this corporation shall be forev, T exempt from the payment Of corporate debts and liabilities.
 The business affairs O. this corporation shall be conducted by Board of Directors consisting Of three members. each of ', hom shall be a | shall be eligible as director unless he is such
 st scl'holder i The directors for any enSuiI 2 1 their regular annual meet ng which shall be
 held at the office of th, comp ny in Morales;
 each Year. and they shall hold their office until | Scribed shall constitute the first B ard of the Board of Direc, until the first annual | meeting of the stockholders in January 1913. | unless sooner removed by death. resignation or I otherwise Any vacancS in the Board of Di- rectors shall be hlled bv the rernairins: mem the stockholders and a majority of the direct saction of business.
 Within fifteen days after the election of any Board of Directors. they shall meet Of the
 offices of the company and elect the officers of
 this corporation who shall De President. Vice other officers or agents as the Board Of Direct 0 may from time to time consider necessary | to transact the business of the corporat:on. The President. Secretary and Treasurer shall be members of the Board of Directors. and any two offices may be filled by the sama person. All officers shall hold their office during the | life of the Board of Directors by whom they are electe1 and until their successors are elerted
 and qualified unless sooner removed in the manner provided by law. TX.
 These Articles of Incorpora ion may be amended at any regular meeting of the stock holders at any special. meeting called for l that purpose by the affirmative vote of q ma | jority of the stock, and the Boa of Directors | or any three stockholders call q meeting. Of the -stockholds for this or any other purpose | not inconsistent with law. but notice of such | proposed amendment shall be given to each | st 1ckholder either personally or by letter de- posted in the poStoffico directed to the stock holder at his last known place of residence at least twenty days prior to the meeting at which such amendment is to be voted upon
 IN WITNESS WHr REOF. we have here day of January. A D.. 1912.
 PAUL s. SPRnCHER, (SeaD F. F. THOMAS. (-eal) MANUEL A MORENO. (Seal'