The border vidette., 1912-02-10
OFFlCERS:

other corporations, and the bonds dahrntn res, bills. .promissory notes mnrteages, ami pledges of this or any other corporation, partners hi D
 To locate, bny hold own lease posseee. ope- rate. sell, hypothecafe otherwise dispose of oil wells, oil lands, Minrral 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 bitumenous rock and other Ly-droe ar bon sal - stances, and the P odnct- If all such sub power; to build. cons ruct. owl hold operate
 wise dispose of telephones and telephone lines and systems and telegraph lln-s and systems, and all parts. appliances and in -trumPnts used in connection herewith.
 To borrow money. and to issue it's notes, to secure the same. and genera ly 10 Go and per form all matters and thIn-s which are n-ces. this corparatIon.
 The amount of capital stock of this corpora ton shall be Two Million fS2 000 900, Dollars. divided into Two Hun fred 'rhou-and (2OO, ,OOO Shares of the par value ct Ten sIOj Dollars each Sn scriptions to the apital stock may stocks, securities or other property to the corp
 oration. pr in such manner a. the Bos rd of Di
 actual fTaud many sucn tra" "saetio the action
 Shares of the capital stork when issued. shal! be fully paid and non-assrssabl' The capital
 affirmative vote of a majority of tine stock but
 in of the incI ease of the capital stock each shareholder shall Lave the privil.ge of sub, | scribing for such number of the increased shares as he may be entitled [" tn proport on t''
  such increase
 The highest amount "f in iebtedness lia bility, either direct or contingent, to whico this corporation is any tim -uhi ct itself, | shall not exceed the sum of two thirds of it's l capital stock. and the stochho ders of this cor poratIon and their private property shall be forever exempt from the payment of its cor porate debts.
 The business affairs Of tnie corporation shall be conducted by Board of Directors consist l ing of five mem bers, each of wnom shall be 8
 ssaii be eligible @ as @ director nniess he is such
 stockholder. The directors for any ensuing year shall be elected by the stockholdesr at
 their regular ann,isl meeting which shall be
 s the te 9 s s Tna ay aer m he
 Monday of January of ca.h year, and they
 elected and qualified. Any va ancy in the Board of Directors shall be ii led by the re
 ment from among the stock oders, and a ma
 iority of the Board of Directors shall consti-
 The first Board Of Directors shall be J ".
 Bible T. 1 VI LeTe w: F. d Che9oweth tbe . H. boHd W their office until the first annual meeting of the stockholders and until their successors are elected and qualified
 ithin fifteen days sitter the election of any | Board of D rectors. thy shall meet nt any of the offices of the corp ration and eject the President. Vice President, Secretary and Trea-
 snrer and such other officers and agents as ; the
 consId-r necessary to % tra nsa the business of | Treasurer shall be members of the Board of Directors. an any two offices mag be held by tne same person. All officers shall hold their office during the life of the Board of Directors | by whom they are elected ant until their sue cessors are elected and qualified nn ess sooner 1 removed in the manner provided by law TX.
 These Articles of Incorporation may Ee ] altered or amended at any egular meeting of | stockholders at any specIal meeting called | for that purpose hy the affirmative vote of 8
 majority of the stock, and the Board of DI- | rectore any three stockholders may call a | meeting of the stockho'ders for this or any
 other purpose not inconsistent with law but l notice of such proposed amendment shall be given to each st"ckholder either personally or | by letter deposited in the pOstofiice directed to the Atockholder ,t his last known place of | residence at least twenty days prier to the | meeting at winch such amendment IS to be | voted upon-
 IN WITNESS WHEREOF. We have here
 unto set our hands and seals this fifth day of | January, A, D., 1912.
 | J. w. BIBLE, T. l. LOWE, w. F. CHENOWETH. l .SEY