The border vidette., 1912-02-24
I V

Dollars (S1O, OO0) divided into ten thOuS- 1 and shares of par value of one dollar | per share. At such time and under | such conditions as the B ard of Direc l tors shall determine. the shares of stock purchased by subscribers thereto 1 shall be paid for either in cash or by | services rendered for the benefit of the corporation or by the sale and transfer to the corporation of real or personal property, and the Board of Directors may issue shares of stock in exchange for services or property. and their jud cement in so doing. including the property shall. in the absence of fraud, be conclusive. Shares of the capital stock, when issued, shall be fully paid and non assessa bie.
 V.-
 The highest amount of indebted ness or ability, either direct or contingent, to which this corporation i5 at any time to ubject itself, shall not exceed the sum of six thousand five hundred dollars; and the private property of the stock olders Of this corporation shall be forever exempt from the pay ment Of its corporate debts
 VI.
 The general nature of the business proposed to trahsacted by this corpo- ration is to own, maintsin and cond uct hospitals and sanatarlums and drug stores St such place or places as the Board of Directors may determines; to buy. sell deal in and handle drugs, medicinee, chemicals, medical and sur gical supplies, surgical instruments, f hospital furniture Bnd appliances, and all supplies. appliances, materials and apputenances necessary or convenient in the practice of medi cirs and in the care and treat ment of the sick; to erect, build, own, maintain and conduct hos pitals, sanatariums, drug stores, hotels and others buildings necessary or con yenient for it's said business and tor the care and treatment of the sick and for the prevention and cure Of disease; to buy, own. sell, mortgage or other wise hypothecste or dispose of real estate and all kinds of personal prop erty, and generally to do and transact all business which 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 Upited Estates 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 Board of Directors coneisting of five members, each whom shall be . stock holder, and whenever any director ceases to be stock holder lie shall also, by reason thereof, cease to be director. The d. rectors shall be elected annually by the 1 stock holders at their regular annual meeting, which shall be held at the oi- 1 fec Of the corporation in the town Of NoRsles. Arizona, On the first Monday | of February in each year, and they 1 shali hold their office for one year or until their successors are chosen and qualified; provided, however. that A. L. Gustetter, H. W. Purdy, Bracey Curtis, Theron Richardson and E. Tit Directors and they shall continue to constitute the Board of Directors until the regular annual meeting of the stock hold CTS on 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 oi any Board of Directors they shall meet at the office of the corporation and elect from mong their number the officers oi this corporation who shall be Pre- sident, Vice-President, Secretary, and Treasurer, and such other officers and agents as the Board of Directors may deem 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.
 Tx
 These Articles of Incorporation may be altered CT amended at any regular meeting of the etock holders, or at any special meeting called for tha at purpose by the affirmative vote of & majority oi the stock, and the Bosrd of Dire ctors may call a special meeting of the stock | holders for that or any purpose not l ofof wit 1ow hut nf he business to be transacted at such spe- cial meeting shall be given to each stock holder either personally or in writing at least twenty days prior to auch m netting.
 JN WITNESS WHEREOF, We have here unto set our hand and seals this 3rd day of February, A. D, nineteen hundred snd twelve.
 A L. GUSTETTER, (Seall H. w PURDY (Sesl) BRACEY CURTIS. (Seal) THERON RICHARDSON, (Seal)