Graham guardian., 1912-09-27
property. and shall be issued az fully paid for and
shall be forever worcestershire.
ARTICLE vi

property and shall be issued az fully paid for and
shall be forever worcestershire
ARTICLE vi
The time of the commencement of this corpor-
alton shall be the date of the issuance 60 it of
certificate of incorporation by the Arizona Cor
poration Commission, and il shall terminate
Twenty-Five t25) years thereafter, unless renewed
in the manner provided by law.
ARTicLE VII
The affairs Of the corporation shall be conducte
by board of not less than three nor more than
seven directors, who, except as to its first ineum
bants named in the Articles of Incorporation.
shall be stockholders of this incorporation. Said
board shall be elected at the annual meeting Of
the stockholders and shall serve fer QUO year and
until their successors are elected and qualified
The annual meeting Of Tho corporation shall be
he'd at such place aad hour may be prescribed
by the RF.,aWs of the corporation on the first
Wednesday In May of each year. Special meet
ings may be held at such time and place and In
such manner ms may be prescribed by the BY
laws of the corporation. At Mi stockholders
meetings. each stockbo,des shall be entitled to as
cent that ia tho election of directors or managers.
withih the meaning of the words directors" and
managers" used in Section 10 OF Article IA of
the Constitution of the state af Arizona the pro-
annual meesyas and until their SUCCESSORS are
elected and qualified, the following named paa,.
sons shall compose the board of directorss 4. J.
Sims, S. George Sims and John Cluti III ut any
time vacancy in the board &c ,iifeetors shall oc-
cur. said vacancy may ee allied by election by a
majority vote OF tse remaining members of the
board thys IN etiee. The members SO elected to
I'll A Vacancy shall serve during the unex pired
term of their predecessors.
ARTICLE VII
The officers Of this corporation shall Lc: A
president vice president secretary and treas
urar, who shall be elected BY the board of firer,
tors immediately after each annual meeting OF
the stockholders of the eorper alton and shall
hold Office for one yeav aud until their successors
are elected and qualified. The office of secretary
and treasurSr may ha held by the same person il
90 determined by the stockholders. In the event
| of a vacancy in any Of the before named offices
the board of directors may fill the same by elec-
ton by majority vote. and the person so elec ted
! shall serve during the unexpired term of hts
| predecessor. Additional offices may be created
by the stockholders of the corporation, and when
so created shall be filed and vacancies therein
| supplied in such manner 81 the stockholders by
resolution may presorihs The first officers of the
corportion shsl, be elected by the board of direc-
| tors AT It's arst meeting. which shall be held as
| ssSa as practicable after the corporation is
| authorized TO transact business under these
! Articles of Incorporation. and shall hold ptsee
until the first annual meeting of the stockholders
of the corporation and until their saecessors are
| elected and qualified.
| ARTICLE TX
| The highsst amount of Indebtedness OF liability
direct or ontippent, TO which the corporation !.
| at any time to subject itself is sl36,000.00,
ARTICLE
The private property of the stockholders of tn,