Arizona republican., 1915-12-14

shall he conducted hy Board Ct nine (9) directors. Each of whom shall be stockholder. and by the following general officers, to-wit: President. First Vice President. Sec ond Vice-i resident, Third Vice President. Secretary, Resident Secrc- tary. Trea lrer, General Counsel. General Manager and such other of ficers as the Board of Directors by resolution may from time to time provide. The President. Secretary and Treasurer must at all times be directors.
 The Directors shall be elected an nually by the stockholders at their annual meeting and the general off cers shall be elected annually by the 1 directors thus elected Such annual meetings shall be held on the first Monday in the month of January in each and every year hereafter and the fiscal year of said corporatlon shall begin on the first day of Jan nary and close on the 3Ist day Of December of each year The first Board of Directors and General Offi- cers shall hold until the first Mon day in January. 1915, and until their respective successors shall have been elected. Immediately at the close or Annual Meeting of Stockholders the 1 directors elected thereat shall meet, without notice and elect general of ficers as herein provided
 The principal duties of the several general officers respectively shall be as follows:
 | The President shall be the chief ! executive officer of said corporation; ! he shall preside at all meetings of the stockholders and of the direc- 1 tors; he shall sign and execute in l behalf of the corporation all deeds. | mortgages leases. certificates of | stock and all other papers and doc | uments whatsoever. excepting that all i trade contracts. when first approved i by the Board of Directors. may De 1 signed and executed in the name or l the corporation by the General Man | ager or by such other officer or of ficers as the Board of Directors may l designate for that purpose. The pres ! ident may De required to perform ! such other further duties as the Board of Directors may prescribe by ! resolution.
 ! The First Vice President shall per | form all duties required of the pres ! AdtIlt III NstSe or tlle iDSrNCer llibl co i ity for any reason, or refusal of the 1 latter to act.
 The Seecnd Vice-President shall ] perform all duties required of the 1 president in case of the absence. in- | ability for any reason, or refusal of
 the .President and also of the First | Vice President to act.
 The Third Vice President shall ! | President in case of the absence. in
 ability for any cause. or refusal of
 the President, and First and Second l Vice-Presidents to act.
 Any further duties may be re- 1, qUired of any vice president by res- | olution of the Board of Directors The Secretary shall attend all meet i ings of the Stockholders and of the Board of Directors and keep full and correct minutes of all of the pro-
 ceedings thereof: he shall counter ! sign all deeds, mortgages. leases. cer- tificates of stock and other papers documents, signed by the president; he shall keep the records of said corporation and shall be the custo- dian of the common seal and attach 1 the same in behalf of the corporation
 
 tracts. certificates of stock and otheI | papers and documents signed by the President and such others as tbs ] Board of Directors shall direct and he 1 shall perform such other and fur
 ther duties as the Board by resolu- 1 tion or bylaw may require of him
 The Resident Secretary shall be |: resident If the State of Arizona. Al t .,F sT CTS and Directors shall be kept 1T duplicate and one duplicate part shal
 be kept on file in the office of tn,
 Secretary at the principal branch of
 flee of the company and the othel
 shall be kept on file in the office
 of the Resident Secretary at the prin-
 cipal place of business of the Com
 pany in the State of Arizona. an,
 the Resident Secretary shali hay,
 the care and custody thereof ana
 such other records. stock books. doc
 uments and papers as shall ne con
 fided to his keeping. He shall per.
 form such other duties as may bt 1 eXacted of him by the Board.
 The Treasurer shall be the custo dian and keeper Of all moneys. fund, and securities of the corporation an,
 shall pay out. disburse or dispose e
 the same only in the manner pre-
 scribed by the Bylaws or by reso l, lutiGn of the Board. He shall give
 bond to the corporation in such sun
 and with such conditions and surety , as the Bylaws shall provide or the Board require. and whenever tn, Board shall 50 direct he shall siv'
 new or additional bond or bonds O
 ike tenor and effect. Every suci
 bond must be approved by the BoarC
 by resolution. entered upon the min
 utes, when it shall be filed wit!
 and kept in the custody of the Sec.
 retary. He may be required to per
 form such other and further dutie! as the Bylaws shall provide or tn,
 Board by resolution require
 The General Counsel shall be tn
 chief legal adviser of the corporation
 and of the Board of Directors an,
 General Officers thereof. lie shal be required to perform such dutie
 and render such legal services as tn, Bylaws shall provide or the BoarO 1 by resolution require
 The General Manager shall be tn
 chief executive officer of the Boar, of Directors and shall perform tn
 duties required of him by the Boar
 under the supervision of the Genera Officers.
 The said corporation may establish
 Q. system of memberships by whicl persons, firms or corporations may
 be allowed % become and be mem = !