Arizona republican., 1912-03-28

tyauSactlNa os AlrSlacSS. me Ns}Sace iaS tee SsocS SaaN Se aSSsses a SJscS .slnccS ana Sa such amounts aS tRe { board oS 65rcctovS nay SeSeVpjNe. llroNjaed, thas an Secc& shan Dc SSN4 iIor cash al aet less than par.
 ARTICLE V. ! The tiIqe of the commencement of JhiS corporation shan be at the date Iot the uling ot these articles of in corporajion with the proper oIfjccr Tor officers ot the state of Arizona. and the termination thereof shah bn twenty-five (s5) years rom and after such date
 ARTICLE VI ! Tho officers oT this corporation shan be a president. vice president, Sccre- ltary and cashier. both of which last named offices may be filled by the ,Same person. and such other officer for officers as the board of directors shall from time to time determine.
 The affairs of this corporation lShan be conducted by a board of di- Irectors, which shah consist of not more than twenty (2O). nor less than lffteen G5) members.
 The first board of directors shall consist of fifteen G) members. but lSaid board may, by a resolution in writing duly passed by a majority lthercof, at an time increase said board of directors from fifteen Q5) Ito twenty (20. ar any intermediate number.
 The directors must he stockholders in the corporation and shall he elected la; the annual meeting of the stock hclders 10 he held on the third Sat urday in January of each year. The first Board of Directors shall be selected from among the stock holders and incorpOrators hereof, and lwhen so elected shall. from among ltheir number. elect the officers of this Icompany. and shall have the power to lappoint from their number an EXecu- tive Committee and such other officer or officers as they may deem neces- lsary, Vesting in such persons all the IPOwer which they may deem eX- pedient
 The first Board of Directors shall be elected at a meeting. the date of which is to be designated by the incorporators hereof. | ARTICLE VII.
 The greatest amount of indebted ness or liability tO which this corpO- IratiOn shall at any time subject it. Iself. over and above the amount due Idepositors. is Six Hundred. Sixty-six ; Thousand. Six Hundred, SiXty-six Dol lars ($6G6. .GGG.0O). ARTICLE VIII Each stockholder of this company l. is liable to the amount of the par ivalue of stock owned by him. equally and ratable and not one for the Oth- Ter. but for no other or greater amount. ! IN WITNESS WHEREOF. we have ihereunto set our hands and seals this 18th day of March, A. D. 1912. R. N. FREDERICKS. Ii. J. McCLUNG. J. VI. ORMSBY.
 REESE M. LING. |. NOSE DRACHMAN State of Arizona,
 County of Yavapai. ss.
 Before me, IT. A. Cheverton. a NO- Itary Public in and for said County land State. on this day personally ap- , lreared R. N. Fredericks. known to me to be one of the persons whose name , lment. and acknowledged to me that he executed the same for the purpose land consideration therein expressed.
 Given under my hand and official seal this 18th day of March. A. D. 1912.
 1T. A. CHEVERTON. CNotariaI ScaD Notary Public.
 My commission expires February 18th. 1916.
 State of Arizona. | County nf Maricopa. ss. ' Before me, F.. ". Powers. a Notary Public in and for said County and State. on this day personally appeared U NJ. Ormsby, known to me to be one of the persons whose name is lsubscribed to the foregoing instru- Iment, and acknowledged to me that he executed the same for the purpose land consideration therein expressed.
 Given under my hand and official ll9l2.
 E. w. POWERS. (Notarial SeaD Notary Public.
 My commission expires February 19th. 1916.
 State of Arizona,
 County of Maricopa. Ss- Before me. F. w. Powers, Notary Public in and for the said County and State on this day personally ap- IIeared Reese NJ Ling and Nose Drachman. known to me to be the persons whose names are subscribed Ito the foregoing instrument, and they. and each of them, acknowledged to me that they executed the same for the purpose and consideration therein depressed
 Given under my hand and official seal this 18th day of March. A. D. 1912.
 F. W. POWERS. | (Notarial SeaD Notary Public My commission expires February f9. 1916.
 State of Arizona. | County of MaricOpa. ss. Before me. F. w. Powers, a Notary Public in and for said County and State. on this day personally appeared | II. J. McClung. known to me to be one of the persons whose names is subscribed tO the foregoing inStru- fI,tr