Arizona republican. [volume] (Phoenix, Ariz.) 1890-1930, 1913-09-25

at value to be determined by the
Board of Directors and to the extent
such stock is thus paid for it shall be
issued as fully paid.
ARTICLE ".
The time of the commencement Of
the Corporation shall be the date of
the issuance to it by the Arizona Cor
poration Commission of a Certificate
Of Incorporation, and the termination
thereof shall be twenty-five C25) years
thereafter with the privilege of re-
newal as provided by law.
ARTICLE V.
The affairs of this Corporation shall
be conducted by a Board of Directors
consisting of not less than three mem
bers and not more than nine and such
officers as such Directors may elect or
appoint The number of Directors
shall be designated by the stockholders
and shall be elected from among the
stockholders at their annual meeting
to be held On---in-- each
year. Until the first annual meeting
of stockholders and until their success
ors have been elected and have quail
fled. the following named persons shall
be the Directors:
JOS r. LOTUS
JOS. r HALSTED
G. T. PEABODY
JOE EASTMAN
r. NJ TURNER
ARTICLE VI
The Directors shall have the power
TO adopt amend and rescind BYLAWS
and TO fill vacancies occurring in the
Board from any cause and to appoint
from among their number an executive
committee, which to the extent pro-
Vided by resolution or by the said BY
laws, shall have and exercise the pow
ers granted the Directors by these
Articles.
ARTICLE VII
The highest amount Of indebtedness
or liability to which this Corporation
may at any one time subject itself.
shall not exceed one half of its out
standing paid up stock
ARTICLE VIII.
The private property of the stock
holders of this Corporation shall be
forever exempt from all corporate
debts and liabilities of any kind what
sOeVer.
IN WITNESS WHEREOF we have
hereuntO set out hands and seals this
18th day of August, A D. 1913.
JOS. r. LOTUS
JOS. r. HALSTEAD
G. T. PEABODY
JOE EASTMAN
R NJ. TURNER
STATE OF ARIZONA
COUNTY OF MARICOPA
Before me, F. V. N DANA, as
Notary Public in and for the said
County, State of Arizona, on this day
personally appeared JOS. R. LOTUS.
JOS. R. HALSTEAD, G. T. PEABODY,
JOE EASTMAN, and R. NJ. TURNER.
to me known to be the persons who
to the foregoing instru-
ment and acknowledged to me that
they executed the same for the pur-
poses and considerations therein ex-
pressed
GIVEN under my hand and seal of
office, this eth day of August, 1913.
(NOTARIAL SEAL)
T. V. n. DANA,
Notary Public
My commission expires Oct %, 1916
Filed in the office of the Arizona
Corporation Commission this 23d day
of Aug. A. d. 1913. at 2:3O P. NJ. at
request of G. T. PEABODY, whose
post office address is Chandler, Ari-
IONA.
CORPORATION COM
MISSION,
BY w p. GEARY,
Chairman.
STATE OF ARIZONA,
County of Maricopa
l. VERNON L. VAUGHN, County
Recorder in and for the County and
State aforesaid, do hereby certify that
the within instrument was filed for
record at $50 o'clock A NJ, on this
18th day of Sept, 1913. and duly re-
corded in Book No. ~ of Inc. Rec.
Records of Maricopa County, Arizona,
at pages 479-4S1
Witness my hand and official seal
the day and year above written.
VERNON L. VAUGHN
County Recorder.
BY J. D Henderson Denutv