The border vidette., 1912-01-27

 of oil wells. oil lands. mineral lands and pros poets of gold, silver and other precious metals; copper, lead and all other kinds of mineral | lands and properties, petroleum, mineral gas a:,d natural gas asphaltuln coal, bitumep' stances, amt the products of all such snb- stances. water and water rights and water anti ma ntain. sell, lease, hypothecate or other wise dispose of telephones and telephone lines anu all parts. appliances and instruments used b. nds nor rtgages and other evidences of debt fo: m all matters and things witch are neces- sary pr ext.edient to carry out the purposes of this corparatIon-
 ton sha be TWO Mion @ @ divided into Two Hundred Thousand (2OO,OOO) each. ou scriptions to the apitai stock may be pa d for in ssh CT by the sale and transfer't oration, or in such manner the Boa rd of Di- rectors shall determine; and in the absence oI of the Board of Di irectors shal be conclusive; ba fniy taid and non-asseesabie Ire capital stock may be increased GIT decreased by the in case of the inc1 ease of the capital stock
 shareholder shall Lave the privilege of sub, shares as he may be entitled to proportion t." | the number of shares held by him prior t" VI.
 The highest amount of in iebtedne lia
 bility. either direct or contingent, to whic1 this corporation is at any tins To sub! ct itself
 
 capital stock. and the stocsho ders of this cor porati"n an ! their private property shall be forever exempt from he payment or lts- cor porate debts.
 The business affairs of tnia corpor ation shall | be con lncted by 8 Board of Directors consist stoc 5eho:der Of the corporation, anu no p-rson s.ian be eligible as a director unless he Is such year ehaii be elected by the etockholdesr at their regular annual meeting which shall be Arizona. on the first Tuesday after the first
 Gf heF qh nn
 elected and Any ny ya ed dn9y pv the tn fee
 maining members of the. Board by appoint
 mt from % as ameng the @ s spd ma 1 Lnte a quorum for the transaction of brslpeSs- The f{St Board of DiEectcEs CEs shall be J " " i Ike sey. and W. D. Murray. and they shal! hold l the stockhoder and until their successors are elected and qualified
 Within fifteen days after the election of any . Board of D rcctors. thy shall meet s-t any of i officers of this corporation who shall be a surer and such other officers and agents the Board of Directors may from time to time snd Treasurer shall be members of the Board 9 of of
 t..e same person. All officers shau h i'd their
 by whom they are elected and until their sue
 cessors are elected and qualified un ess sooner
 removed in the manngy lfx provided by law i These Articles of incorporation rnay te
 altered or amended at any regu iaF meeting of
 stock holders or nt any tpecIai meeting called | for that purpose by the affirmative vote of a | majority of the stock, and the Board of Dl- rectors or any three stpckhnidcrs may call 9 | meeting of the stockholdefs for this any | other purpose not inconsistent with law. but
 notice of such proposed amendment shall be ! given to each stockhoider either personally or
 by letter deposited in the postotfice arected to
 the stockholder at his last known place of
 residence at least twenty days pri@r to the meeting at winch such amendment IS to be | voted
 l IN WITNESS WHEREOF. We have here l unto our hands and seals this fifth day of l J. w. BIBLE, T. l. LOWE. 1 w. F. CHENOWETH, l II. W. KELSEY.