Arizona republican., 1912-02-19

l form al corporate acts at such places
 as said Board may determine and d- rect: to fix the time for declaring land paving dividends: to authorize land cause to he executed notes. war | rants. and payments of dividends. to authorize notes. bonds. debentures. i iStipulations certificates of deposit stock certificates. trust certificates land agreements. mortgages. deeds. and deeds of trust. liens. releases of mortgages and other liens. convey ances. assignments. contracts powers fof attorney, appointments. recogniZ- anccs verifications. acknowledgements juStifications. affidayits, and any and all other kinds of appointments oG agents attorneys and employees. and | any and all other kinds Of instru- iments in writing whatsoever: and to sell assign. transfer. grant. convey, 1 distribute. deliver. ar otherwise dis 1 pose of any or all of the property real Tor personal of the corporation and | to acquire in any manner whatsoever. any and all kinds of property that said Board may deem proper amt ad- l iNisahle for said corporation. and when So authorized the same shall 1 become and be the voluntary act and i deed Of the corporation: to elect the ! officers and employees and appoint | all necessary agents. attorneys. serv- ! ants. employees and laborcrs of every [ kind for said corporation and to fiN land determine and cause to be paid | the compensation for services. ren- dered or to be rendered. by the di- ! rcCtors officers. appointees, attor- neyS. agents. servants. and laborerS 1 of the corporation. and to fix and determine. demand, collect and re- ceive payment for all services rem ! dercd by the corporation for others
 and the purchase price of all property i of the corporation sold and disposed iof: to make. establish. alter. amend. repeaI or rescind all bylaws. rules. ] regulations and orders of the corpor- fation
 By resolution to appoint two or more of their number to constitute ! an executive committee which com mitte. shall for the time being. as provided by said resolution or in the bylaws. have and exercise all of the powers which may be lawfully dele gated to 1t by said Board and r"solu- | ton in thc management of the buSi- ness and affairs uf the corporation with power % authorize the seal of the ! corporation to be affixed tn all papers ! 1T instruments requiring the same.
 Any vacancy occurring in the Board ! of Directors shall be filled for the wueNpired term thereof by an election : held by the remaining members of l the Board
 The officers of this corporation shall be a president. nne or more presidents. a secretary. one or more assistant secretaries. treasur- or. one or more assistaut-treaSurer ! a cashier. one or more assistant 1 cashiers. an attorney. one or more as sistant-attorneys. an auditor. one or more aSsistaut-auditorS. and such officers as the Board of Directors may from time tp time determine. di- rect and appoint. All of said officers | shall be elected or appointed by th" i Board Of Directors at the annual meeting of the directors to be held on the second "Wednesday of January
 in each year. and all of whom shall | hold office for one year and until their a unless sooner removed by the Board of Directors. which the said Board iS hereby expressly authorized and em- ! powered to do for any reason it may Geem sufficient. all such elections. appointments and removals to be conducted in the manner directed by said Board Of Directors. Provided. ! that no assistant officer shall bp elect ed until s1id Board of Directors shall deem such assistant officer necessary, provided further. that the same person may. by direction of the Board of DiTvc tors. hold any two offices not incon- sistent or in conflict one with the other.
 All acts. elections. appointments and orders of the Board of Directors shall be done and performed by a majority vote of the whole Board. Any meeting of said Board. with or without notice. at which all directors are present. shall be regular meet ing A majority of the actual mem bers of said Board shall constitute quorum for the transaction of busi- hess at all meetings of the Board
 ARTICLE VI
 The highest amount of indebted ness or liability to which this cor poration is at any time to subject it. self or to be subject shall not exceed the sum of Eve Hundred Thousand (S500. GOO O0) Dollars. exclusive Of property and funds received in any fiduciary capacity.
 ARTICLE VII
 The private property of the stock 1 holders of this corporation shall he and is hereby made forever exempt from all liability for the debts and obligations of the corporation, and | the stockholders. officers and direc- ! tors of the corporation and their priv 1 ate property shall be exempt from all corporate debts wheresoever incurred. |
 IN WITNESS WHEREOF. we have hereto set our hands and seal this | 10th day of February. 1912
 ALE. LIE BARON. CSeaD
 F l.. MANNING, (SeaD |
 J. L. OLSEN (SeaD TERRITORY OF ARIZONA,
 County of Maricnpa-sS.
 Before me. Geo. A Mintz. a Notary | Public in and for the county of Mari | copa. Territory of Arizona aforesaid. |