The Coconino sun., 1913-07-18


 the furtherance of any of the powers herein before set forth.
 ARTICLE V.
 The time of the commencement oi this corporation shall be the date ot the filing of certified copy of these Articles with the county recorder ot the County of Coconino, in the State Of Arizona, and shall terminate twenty-five years thereafter.
 ARTICLE VT.
 The amount of capital stock of thi, corporation shall be One Hundred Thousand Dollars (S1O0, 000. 00) divided into shares of the par value of One Hundred Dollars tSlO0 00) each Suct stock shall he issued under the direc ton of the Board of Directors ant shall be fully paid for at the time O. delivery, The Board of Directors may authorize and cause the stock of the corporation to be issued in exchange for real or personal property, and the judgment of the Board of Directors as to the full value of such property shall, in the absence of fraud, b, conclusive.
 ARTICLE VII.
 The prudential and business affair, of this corporation shall be conducted by the Board of Directors, consisting of three persons who shall be elected at a meeting of the stockholders helt on the first Tuesday in the month O January of each year, beginning with the year 1914,
 ARTICLE VIII
 The private property of the stock holders shall be forever exempt from corporate debts of any kind, whatso ever.
 ARTICLE K.
 The officers of this corporation shal be a President, General Manager, a Secretary and Treasurer The same person may be chosen to fill two ol more of said offices.
 ARTICLE X.
 The following named persons have been selected and shall constitute the Board of Directors until the first an nual election; E. L. Beutke, P. E. Beutke, F. O. Pride. The officers ot said corporation who have been selec ted and shall serve until their success ors are duly elected, are as follows: President and General Manager, r F. Beutke; Vice-President, Secretary and Treasurer, F. l.. Beutke.
 The Board of Directors shall have the power to fill vacancies in its mem bership and in the offices of the incor poration. The Board of Directors may adopt common seal, and shall adop bylaws and may amend or repeal tht same, and shall have power anC authority to transact any business within the power of the corporation and to delegate such power and author ity as 1t may deem eXpedient to any officer of the corporation, revoking tho same at will.
 ARTICLE XI.
 The highest amount of indebtedness! or liability direct or contingent, tC which the corporation is at any time to subject itself, is the sum of Sixty Six Thousand Dollars lS66, ,00000). In Witness Whereof, We have here unto set our hands this 26th day O June, A. D. 1913.
 P. E. Beutke,
 E. l.. Beutke,
 F. O Pride. STATE OF ARIZONA, County of Coconino, SS'
 Before me, Geo A. Fleming, a No tary Public, in and for the County O COconino, State of Arizona, on thi. day personally appeared E. l.. Beutkt and P. E. Beutke and F. O. Pride n fn f.a whose name is subscribed to the fore going instrument and each for himsel acknowledged to me that he executed the same for the purpose and conside ration therein expressed
 Given under my hand and seal O. office this 20 day of June, A. D. 1913. TNotarial Seal Geo. A. Fleming,
 Notary Public in auC
 for CoconinO Co.,, AriZ My commission expires March 4th 1916.
 Filed in the office of the Arizona Corporation Commission this 28 day of June A. D. 1913, at 10:00 A. NJ. al request of Edward NJ. Doe, whose post office address is Flagstaff, Arizona.
 Arizona Corporation Commission
 By w. P. Geary, Chairman, STATE OF ARIZONA County of Coconino, SS'
 I, Dan J. Cronin, County Recorder in and for the County and State afore said, do hereby certify that the within instrument was filed for record at 9:1t o'clock, A NJ, on this Sth day of July A. D. 1913, and duly recorded in Book No. of Articles of Incorporations Records of Coconino County, Arizona at pages l52 ct seq.
 Witness my hand and official sea the day and year first above written.
 Dan J. Cronin,
 County Recorder First publ. July IS. Last publ. Aug. |: