The border vidette., 1913-07-19

O'Neill J e Wise. w. !. Neumann,
S. Leeker, Tbeodora Marsh and II J.
| karns; the name of che company or
corporation shall be and is THE SANTA
CRUz VALLEY BANK AND TRUST COM
| PANY; and the principal place of busi-
ness of the corporation shall be No
gales. Santa Cruz County. State of
Arizona, but it may have branches In
| her places in the State of Arizona.
Article II.
| The general nature Of the business
proposed to be transacted Is as follows,
| to- wit:
To receive deposits of money and re-
! pay same on the order OF the deposit
| tors. with or without interest; to deal in
COM merclal paper and make loans
| thereon; to borrow and lend money; to
| lend moneys on real or personal prop
erty or such other securities as may be
deemed sufficient by the officers of the
corporation; to discount bills, notes,
and other commercial paper, and to
buy and sell securities. gold, silver,
copper and lead bullion and ores, for.
eign coins or bills of exchange and all
evid Of debt; and generally, to
buy. sell, discount and deal in all ne
gotiable paper, including promissory
notes, mortgages, on real or personal
property, or both, stocks, bonds, town,
city. county, state or other municipal
warrants: and to -and carry on the
business of banking in all its branches.
Also to do general trust business, re-
ceiving. holding and dsposing of all
kinds of personal and real property. as
trustee. or in any other tid uciary capa-
city; to act trustee of all kinds of
estates and properties; to act as ex-
ecutor of wills, and administrator of
estates of deceased persons; as guardian
of the estates and property OF infants
or other persons laboring under legal
disability restraint, or for whose
property guardian may be appointed
for any reason, by court of competent
jurisdiction; to act as assignee, receiver
or depOstary.
Article III.
The authorized amount of capital
stock OF this corporation shall be Fifty
Thousand $3.50 O00. .0O) Dollars. divided
into Five Hundred (500) shares of the
par value of One Hundred (SI0O. 00)
Dollars each, which said capital stock
shall be paid for in cash when issneo.
No shares of capital stock shall be is
sued until fully paid for.
Article w.
The time of the commencement of
the corporation shall be the date of the
issuance to it by the Arizona Corpora
tion Commission of a Certificate of IN
corporation and the termination there
of shall. be twenty five years thereafter,
with the privilege of renewal as pro-
vided by law.
Article "
The affairs of this corporation shall
be conducted by a Board of Directors,
consisting of not less than three, nor
more than five mem bers, and such Of
hcers as such directors may elect or
appoint The number of directors
shall be designated by the stockh olders
and shall be elected from among the
stockholders at their annual meeting
to be held on the second Tuesday in
January of each year. Until the first
annual meeting of the stockholders
and until their successors have been
elected and have qualified, the follow
ing named persons shall be the direct
ors: j. A. Harrison, Nogales, Arizona;
R L. O'Neill, Nogales, Arizona; J. e.
Wise, Calabasas, a rizoDa; S. Leeker,-
Nogales, Arizona; and Theodore Marsh,
Nogales, Arizona.
The following named persons shall
be the officers of the corporation, until %
the first annual meeting of the stock
holders, or until their successors are
elected and qualified: J. A. Harrison,
President; s. Leeker, Vice President;
and Theodore Marsh, Secretary.
Article VI.
The directors shall have the power to
adopt, amend and rescind by. laws and
to fl vacancies occurring in the board
from any cause.
Article VII.
The highest amount of Indebtedness
Or liability to which this corporation
may at any one time subject itself shall
not exceed two thirds of it's outstand-
ing paid up stock, exclusive of deposits
received in the course of business; Sc
curities taken as indemnity funds
and property received and held in
trust, or surety contracts, on which no
cause of action has accrued.
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 whatsoever.
IN WITNESS WHEREOF, We have
hereunto set our hands and seals this
14th day of June, a. ID. 1913.
J. A. HARRISON,
r. l.. O'NEILL,
J. e WISE,
w. J. NEUMANN,
JHELEP