Arizona republican., 1912-12-05

ton. to discount bills. notes, and other commercial paper, and to buy and sell securities. gold. silver, cop per and lead bullion and ores for cign coins or bills of cXchang,, and all evidences of debt; and generally. to buy, sell, discount and deal in all negotiable paper, including promisory notes, mortgages on real or personal property. or both, stocks bonds. town, city county. state or other municipal warrants; and to do and carry on the business of banking in all it's branches.
 Also to do q general trust business receiving. holding and disposing Of all kinds of personal and real prop erty. as trustee or in any other fiduciary capacity; to act as trustee of all kinds of estates and properties, to act as eXecutor of wills, and ad- ministrator of estates of deceased 1 pcrsons; as guardian of the estates ar.t property of infants or other per sons laboring under legal disability ] or restraint. or for whose property ] a guardian may be appointed for any ! ! . 'tSDLlr bN st tpuI Ot CO4iibtNfHl Jul ! isdiction: to act as assignee. receiv- ] CT or depositary
 ARTICLE III The authorized amount of capital l stock Of this corporation shall be one Hundred Thousand C$100 OO00W : Dollars, divided into one Thousands q ,o00) shares of the par value of one Hundred ($I00.0W Dollars each, which said capital stock shall be paid for in cash when issued. No shares Of capital stock shall be is sued until fully paid for
 ARTICLE "
 The time of the commencement of the Corporation shall be the date of the issuance to it by the Arizona
 Corporation Commission Of q Certifi-
 cate of Incorporation and the term
 ination thereof shall be twenty-five
 years thereafter, with the privilege of renewal as provided by law. ARTICLE V. The affairs of this Corporation
 shall be conducted by a Board of Directors, consisting of not less than three members, nor more than eleven, . and such officers as such directors
 Il.etE tl-tt UT appoint l HE lluiii''i , of directors shah be designated by the stockholders and shall br elected
 from among the stockholders at their , annual meeting to be held on the second Tuesday in January Of each
 year Until the first annual meeting r Of stockholders and until their sue
 cessors have been elected and have : qualified. the following named per
 sens shall be the directors: A. J. Chandler. of Mesa Arizona;
 R NJ. Turner, of Chandler. Arizona;
 J. R HaIstead of Mesa, Arizona;
 H. D. Clark, of Chandler, Arizona
 and John Anderson, of Chandler, Ari-
 zona.
 ARTICLE VI
 The Directors shall have the power ! to adopt, amend and rcscind bylaws
 and to fill vacancies occurring in thc 7 Board from any cause ARTICLE VII g The highest amount of idcbtcdnesS . l or liability to which this corporation $ may at any one time subject itsci!
 shall not exceed two thirds of 1t.
 outstanding paid up stock, exclusive p of deposits received in course Of bus
 mess; securities taken as indemnity :, or funds and property received an6 q held in trust, or surety contracts, or I winch no cause of action has ac- S crued.
 . ARTICLE VIII. q The private property of the stock
 holders of this corporation shall b
 forever exempt from all corporat; debts and liabilities of any kin( . WhatSC eyer
 I lave hereunto set our hands ant e seals this 23rd day of November i A. D. 1912.
 i! A. J. CHANDLER. (Seal) T R. NJ TURNER. tS~al) |, | l. R HALSTEAD. (Seal) r IT. D. CLARK. (Sca'D : JOHN ANDERSON. (S2at} ,f mi