Arizona republican., 1914-03-30

laws of the said state of Arizona be- fore termination thereof.
 ARTICLE VI.
 The highest amount of indebted ness or liability for which this cor poration shall at any time subject itself shall be the amount of Fifty Thousand Dollars ($50,O00,000).
 ARTICLE VII.
 The affairs of this corporation shall be conducted and managed by a board of three directors, who shall be stockholders in the corporation and in the said board shall be vest ed the corporate powers of the cor poration. The names of the persons who are appointed to serve as di- rectorS of this corporation until the annual election of directors or until their successors are duly elected and qualified, are the following, to-wit: John F. Barker, E. B. Winstanley, and Irma P. Barker all of the said city of Phoenix. Thereafter the di- rectors of this corporation shall be elected by the stockholders at the annual meeting, which shall be held CT the third Monday in March of each year, beginning on the third Monday in March of the year 1915.
 ARTICLE VIII.
 The officers of this corporation shall be a President, Vice President, Secretary, Treasurer and General Manager, as well as such other of ficers and agents as the board of directors shall deem necessary and may create from time to time for the proper transaction of it's busi- ness. Until the first annual election of directors and until their sue cessors are duly elected and quali- lied, the following named persons shall constitute the officers of this corporation for the first year, name. l ": John F. Barker, President, and | General Manager; Irma P. Barker, l Vice President, and E. B. Winstan- ley, Secretary and Treasurer. Two or more of the offices of this cor poration may be held by one and the same person in the discretion of | the board of directors
 1 ARTICLE K.
 i The officers and directors of this corporation shall hold office for a term of one year from their election and until their successors are duly elected and qualified. Should a di- rector cease to be a stockholder his | office shall be declared vacant and ! said vacancy shall be filled for the uneXpired term by the board of di- rectors, which said board shall have the power to fill such vacancy or any other vacancy among the off cers or board of directors of said corporation.
 ARTICLE X.
 The private property of the stock holders of this corporation shall be exempt from corporate debts and li- abilities of every kind for any of tho debts and liabilities of this corpora tion. The capital stock of this COT poration shall be non- -assessable. ARTICLE XI. The board of directors shall have the power to borrow money for any purpose for the corporation, ant power to authorize any officer ol officers of the corporation to execut, notes or coupon bonds of the corpor. ation therefor and to secure the sam. by real or personal mortgage upoi , the properties of the corporation, ant to do and perform all acts necessar, in managing and carrying out tn affairs and business of the corpora tion The board of directors shal
 l1c l,0 fo and to make amendments thereto The said corporation shall hay power to increase or diminish it , capital stock by 8 majority vote o the stockholders represented at an, stockholders meetings or any spe . cial meetings of the stockholders called for that purpose, and in ac cordance with the laws of said Stat of Arizona
 IN WITNESS WHEREOF we hay hereunto set our hands and seal
 this goth day of March, 1914.
 JOHN F. BARKER, E. B. WINSTANLEY State of Arizona, County of Mari II copa: ss.
 THIS INSTRUMENT was ac
 knowledged before me this goth da : of March. 1914 by John F. Barke
 and E. B. Winstanley.
 IN WITNESS WHEREOF I hay hereunto set my hand and seal o said date.
 K. MAXWELL, Notary Public.
 My Commission expires: Feb. Filed in the office of the Arizon
 Corporation Commission this 23r day of March A. D.. 1914 at 10:( '' a. m. at request of John B. Wrigh . whose postoffice address is Tucso |. Arizona.
 'i ARIZONA CORPORATION : COMMISSION. II By w. P. Geary. Chairman.