The border vidette., 1912-02-10

United States or foreign countries as the Board of Directors may at any time d determine.
 III.
 The time of the commencement of this corporation sh all be the day of the recording of these Articles of Incorpo- ration in the office of the County Re- corder of Santa Cruz County, Arizona, fee Of the Auditor tor ,he Territory of Arizona, and the termination thereof s,.a l be twenty five years thereafter, O. as provided by law.
 ".
 Tte amount of the capital stock of th;s corporation shall be Ten Thousand Dollars (SI0, OOO) divided in:o ten thous- .ard shares of a par value of one dollar per share. At such time and under su h nditions as the s ard of Direc- tors shall determine. the shares of 8 ock purchased b. subscribers thereto shrl be paid for either in cash or by services rendered for the benefit of the c'rpnration or by the sale and transfer fO tlie corporation of real or personal property, and the Board of Directors may issue shares of stock in exchange for services or property, and their jnd gehnent in SD 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 non assessab!e.
 V.
 The highest amount of indebtedness or liability, either direct or contingent, to which this corporation is at any time to subject itself, shall not exceed the sum of six thousand five hundred do lars; and the private property of the stock holders of this corporation shall be forever exempt from the pay ment Of it's corporate debts.
 VI.
 The general nature of the business proposed to transacted by this corpo- ration IS to owD, maintain and conduct hospitals and sanatarlums and drug stores at such place or places as the Board of Directors may determine; to bny, 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 tlle practice of medicine and In the care and treatment of the sick; to erect, bnild, own, maintain and conduct hos prtals, 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 cure of disease; to buy, own. sell, mortgage or other
 
 estate and all kinds of personal prop erty, and generally to do and transact all business W hich 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- sary or expedient for the best interests of the corporation.
 VII.
 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 h older, and whenever any director ceases to be a stock h older he shall also, by reason thereof, cease to be director. The dl- rectors shall be elected annually by the stock holders at their regHlar annual meeting, which shall be he'd at the of- 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 qualifiej; provided, however, that A. L. Gustetter, H. w. Purdy, Bracey Curtis, Theron Richardson 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 hold CTS or the first Monday of February, 1913. Any vacancy in the Board Of Directors may be filled by the remaining members of the Board by appointment from the stockholders, and majority of the Board of Direc- tors shall constitute quorum for tue transaction of business.
 VIII.
 Within ten days after the election of any B ard of Directors they shall meet at the office of the corporation and elect from among their number the officers of this corporation who shall be Pre- sideEt, Vice President, Secretary, and Treasurer, and such other officers and agents as the Board of Directors may eem necessary. All off cers shall hold their office during the life of the Board of Director by whom they are elected and until their successors are chosen and qualified unless sooner removed in the manner provided by law, and any two offices may be held by the same person.
 The SC Articles of Incorporation may be altered or amended at any regular meeting of the stock holders, or at any special meeting called for that purpose by the affirm alive vote of majority of the stock, and the Board of Directors may call a special meeting of the stock holders for that or any purpose not inconsistent with law, but notice of the business to be transacted at such spe- cial meeting shall be given to each stockholder either personally or in writing at least twenty days prior to such meeting.
 IN WITNESS WHEREOF. We have here- ,1nto eet our hand and seals this 3rd day