Arizona republican., 1912-02-07


 roration solu and disposed Of; to make. establish. alter amend, repeal. or rescind all bylaws, rules, regula- tions and orders of the corporation. By resolution to appoint two or more of their number to constitute an pX- ecutive committee which committee shall for the time being as provided ty said resolution or in the bylaws, have and exercise all of the pow CTS which may be lawfully delegated to it by said board and resolution in the management of the business and af- fairs of the corporation with power to authorize the seal of the corporation to be affixed to all papers or instru- mentS requiring tn" same.
 Any vacancy occurring in the board of directors shall be filled for the un- expired term thereof by an election held by the remaining members Of the board
 The officers of this corporation shall be a president. one or more vice presidents. a secretary. one or more assistant secretaries. treasurer. one or more assistant treaSurers. a cashier one or more assistant cashiers. an att torney. one or more assistant attor- neys. an auditor anc or more assistant auditors. and such other officers as the board Of directors may from time to time determine. direct and appoint. All of said officers shall be elected or appointed by the board of directors at the annual meeting of the directors to be held on the second Monday of Jan- uary in each year. and all Of whom shall hold office for one year and un- tn their successors are elected and qualified. unless sooner removed by the board of directors. which the said beard is hereby expressly authorized and empowered to jo for any reason it may deem sufficient. all such elec- tions. appointments ard removals to be conducted in. the manner directed by said board of directors Provided. that no assistant officer shall be elect ed until said board of directors shall deem such assistant officer necessary. Provided. further. that the same per- Spn may. dv direction of the board Of directors. hold any two offices not in- consistent or in conflict one with the ether.
 All acts, elections. appointments and orders of the board of directors shall be done and performed by a majority vote of the whole board. Any meeting of said board. with or without notice. at which all directors are present. shall be a regular meeting X major ity of the actual members of said la F.,v the transaction of business at all meetings of the board
 ARTICLE VI The highest amount of indebtedness or liability to which this corporation l.; at any time to subject itself or to be subject shall not exceed the sum or six hundred thousand (s600. .OO0.0O) dollars
 ARTICLE VII.
 The private property of the stock holders of this corporation shall be and is hereby made forever exempt from all liability for the debts and obligations of the corporation. and the stockholders. officers and directors of the corporation and their private prop crty shall bc exempt from all corpor- ate debts whcrcSocvVr incurred.
 ARTICLE VIII. The right is hereby reserved to the common stock and the holders thercof tC amend these articles of incorpora ton by a majority vote of said com mon stock at any legally held stock holders meeting. and it is expressly provided and agreed that in the event the capital stock of this corporation shall hereafter be increased any part of said increased capital stock may be created. designated and made cumu- lativc preferred stock to the same eX- tent as the preferred stock mentioned in Article III hereof.
 IN WITNESS WHEREOF. we have hereto set our hands and seals this 9th day of February. 1912.
 J. l.. OLSEN. tSeaD
 A. w. GALPIN. (ScaD
 CHARLES BOWMAN. (SeaD Territory of Arizona.
 County of Maricopa. SIS
 Before me. Geo. A NTintz. g notary public in and for the county of Mari copa. territory of Arizona aforesaid. on this day personally appeared J. l.. Ol- sen, A. w Calpin and Charles Bow man. known to me to be the persons whose names are subscribed to the above and foregoing instrument (Ar- ticles of Incorporation of Arizona Home Building Co) anu acknowledg- ed to me that they executed the same for the purpose and consideration therein expressed.
 Given under my hand and seal or office this 9th day of February. 1912.
 GEO. \. MINTZ.
 Notary Public.
 My. commission expires April 3. 1913.