Williams news., 1912-08-17
ARTICLES OF INCORPORATION
of BANK OF WILLIAMS

KNOW ALL MEN BY THESE PRESENTS: That the undersigned have associated them selves together for the purpose of forming a Corporation under the laws of the State of Arizona, and to that end do hereby adopt the following Articles of Incorporation.
 ARIICLEI The names of the incorporators are: Will jam F. Dermont and Mcdonald Robinson, the residence and postoffice address of each of whom is the town of Williams. in the County of Coconino, State of Arizona, and T. E. Pol lock- whose residence and pOstofice address is the Town of Flagstaff in the County of Coco nino, State of Arizona.
 ARTICLE II The name of this Corporation shall be BANK OF WILLIAMS.
 ARTICLE III The principal place of business of this Cor poration shall be the Town of Williams. in the County of Coconino, State of Arizona.
 ARTICLE " The general nature of the business proposed to be transacted by this Corporation is the re- ceiving of moneys upon deposit, the loaning of money upon collateral and other security, the sale and purchase of domestic and foreign ex- change, and the carrying on of a general bank ing business; and in carrying on its business, or for the purpose of attaining or furthering it's purposes as above set forth. and any other purpose, incidental, necessary, useful, or aux Hilary to all or any of said purposes, to do any and all other acts and things, and to exercise any and all other powers which a co-partner- ship or a natural person could do or exercise, and which are now or hereafter may be au- thorized by law.
 ARTICLE The amount of the capital stock of this Cor poration shall be Fifty Thousand Dollars (s5O, ,0O0.OO), divided into five hundred (5OV shares of par value of One Hundred Dollars (sl0O0O, each, which shall be fully paid in cash on or before the second day of September, A. D 1912.
 ARTICLE VI The time of the commencement of this, Cor poration shall be the date of the issuing of Certifi ate of Incorporation by the Arizona Corporation Commission. and the termination thereof shall be twenty-five (29 years there after, with the privilege of renewal provided by law.
 ARTICLE VII The affairs of this Corporation shall be con- ducted by a Board of Directors and such off the said Directors may elect or appoint.
  mated by the Bylaws. and shall be elected from among the stockholders at their annual meeting to be held on the first Monday of September of each year.
 Until the first annual meeting and until their successors have been elected and have qualified, the following named persons shall be the oficert and directors of this Corporation, VIZ:
 William F. Dermont,
 Mcdonald Robinson
 and T. E. Pollock.
 ARTICLE VIII The Directors shall adopt Bylaws for the government of the corporation, and may amend the same; and shall have power to fill vacancies occurring in the Board from any use.
 ARTICLE TX The highest amount of indebtedness or lia- bility, direct or contingent, other than indebt- edness to depositors to the extent of their de- posits, to which this Corporation is at any time to subject itself, shall be the sum of Ten Thousand Dollars ($lO,0OO.OO.
 ARTICLE The private property of the stockholders of this Corporation shall be forever exempt from corporate debts of any kind whatsoever. IN WITNESS WHEREOF, We have hereunto set our hands this fifteenth day of August, A. b.. 1912.
 WILLIAM F. DERMONT.
 MCDONALD ROBINSON.
 T. E. POLLOCK.