The border vidette., 1912-01-27

iorations for light Ing power purposes or,for eI her !aEitI t SprlosS, to b1id cInss , 9T5, aG5 sy tens and t -legrLrh lines and systems ana come, tiOI therewith: to en:Eage in the cattle business and to buy. OVID. contract for. feed, horses nIit shecr IT other animals their
 To bb'row money. and to-i sue its notes, b n Is mortra2rcS and other evidences of debt to eenae the SIns @ & ana to @ ao ,a aa ful and 'ce: ar5- or expedient to carry out the purp3s of thls corporation
 The amount O. the pit:I stock of this cor po atiop shali b. on hundred thousand doharS shares os the rar vaIus of one dollar each subscriprions to the pital stock may be lr.id securities or other property to t e corporation or by services rendered orto be rendered. or in such oth4c manner as the Board or Directors snail drterraine and in the absence of actual nal Board Of Dire, tors shall be conclusive Shares of the capital stock when issued shall be fully may be increased or decreased bv the affirm ative ot a majority of the stock but in shateho!der shall h.ve the privilege of sub a he ma he enti led to in proport on to the number of shares held by him prior to such
 increase.
 The highest amount of indebtedness liab
 ility either dir ct or contingent. to which this
 corporation iS at time tr su Jfect itSelf shall
 not exceed the >un of two-thirdS Of. it's capital
 soer aq % S tSe sSa fl be
 exempt from the payment os corporate debts
 and liabilities.
 The business affairs O.. this corporation shall
 be conducted by Board Of Directors & conSiStlne IS SUI Stocl<ho d .r of the corporation and no person
 st t~ckholder. The directors for any ensuing
 eear shall be elected by the stockhold,'rs at
 held at tne office Of the company in No~ales. ,Ari ona. on the second Tuesday of January of
 each wear. and they shall hold their office until their successors are elected and qualified The scribed shall constitute the first B. ard of Directors and they shall continue to const ute l meeting Of the Stockholders in January. 1913.
 unless sooner removed by death. re>tgnation or rectorS shnll be filled by the remaining men1
 the techoider ana T naajorit5 of the direct or:' shall constitute a quorum for the tran saction of business.
 Within 1itteea days after the election of any
 ofic of of n elect the ocer oi this corporation who shall be President. Vice
 other offcers or agents as the Board of Direct
 from time to time consider necessary
 The t'resi,lent. Secretary and Treasurer shall be members of the Board of Directors and any All officers Sh III hold their office during the electel and until their successors are elected and qullihed unless sooner removed in the manner ofovided by law
 Thesa Arti, les of Incorporation may be amended at any regula: meeting of the stock holders or at any special meeting called for l that purpose by the affirmative vote of d ma joritY os the stock, and the Boa d of DirectorS or any three stockholders may call meeting ! of the StockhOdS for this or any other purpose not inconsistent with law. but notice of such proposed amendment shall be given to each st 1ck holder either personally or by letter de posted in the post office directed to the stock holder at his last known place of residence at lea Su twenty days prior to the meeting at which such amendment is to be voted upon- IN WITNESS WHEREOF. we have here | unto hands and seals this seventeenth day of January. A D.: 19l2.
 PAUL s. SPRECHER, (SeaD F. E. THOMAS ($eaD MANUEL A MORENO. (SeaD