The border vidette., 1912-02-03

United States or foreign countries as the Board of Directors may at any time determine.
 The time of the commencement of this corporation shall 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, and a certified copy thereof in the of- flee of the Auditor for the Territory ot Arizona, and the termination thereof shall be twenty-five years thereafter, or as provided by law.
 ".
 The amount of the capital stock of this corporation shall be Ten Thousand Dollars (Sl0. 000) divided into ten thous- aLd shares of a par value of one dollar per share. At such time and under <urh conditions as the B 'ard of Direc- tors shall determine. the shares of stock purchased by subscribers thereto shall be paid for either tn cash or by services rendered for the benefit Of the c rporation 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 price to be paid for such services or property shall, in the absence of fraud, be conclusive. Shares or the capital stock, when issued. shall be fully paid and non assessable.
 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 dollars; and the private property Of the It ,ck holders Of this corporation shall be forever exempt from the pay ment Of its corporate debts.
 VI.
 The general nature of the business proposed to transacted by this corpo- ration is to own, maintain and conduct hos pitfalls and sanatariums and drug stores at such place or places as the Bnard of Directors may determine; to buy, sell, deal in and handle drugs, medicines, chemicals, medical and sur gical supplies, surgical instruments, hos pitaI furniture and appliances, and all supplies. appliances, materials and apputenances necessary or convenient in tLe practice of medicine and in the care and treatment Of the sick to erect. build, own, main tain and conduct hos pltals, 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 diseaseS to buy. own. sell, mortgage or other wise -hypothecate 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 or 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 Board of Directors consisting of five members, each whom shall be stock holder, and whenever any director ceases to be 8 stock older he shall also, by reason thereof, cease to be director. The di- reetors shall be elected annually by the stock holders at their regular annual which shall be held at the of- fee Of the corporation in the town Of NoRRles, A rizona, on the first Monday of February in each year, and they shall hold their office for one year or until their successors are chosen ana qualified; provided, however. that A. L Gustetter, H. w. PLr1y, 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 holders on the first Monday of February, 1913. Any vacancy in the B,ard of Directors may be filed by the remaining members of the Board by appointment from the stockholders, and a 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 a Pre- sident, Vice-President, Secretary, and Treasurer, and such other officers and agents as the Board of Directors may deem necessary. All officers 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.
 These Articles of Incorporation may be altered or amended at any regular meeting of the stockholders, or at any special meeting called for that purpose by the affirmative vote of 6 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- unto set our hand and seals this 3rd day of February, AID, nineteen hundred and twelve.
 A l., GJSTETTER. (SeaD