Graham guardian., 1915-07-30

zona, as the bylaws of the company
may provide.
ARTICLE ".
The general nature of the business
to be transacted by this company shall
be: To make contracts, purchase, hold,
own, deal in, lease, mortgage, sell, ex-
change, transfer or in any manner ac-
quire or dispose of all kinds of live
stock and personal property, and real
estate wherever situate; to own and
operate stock ranches, wholesale and
retail meat markets, and slaughter
houses, and to buy, sell, barter and
deal in, on commission or otherwise,
all kinds of live stock, farm, dairy or
other produce and supplies; to borrow
money, and pledge or mortgage the
property or franchise of the company
as security therefor; to do any and all
things incidental to the above objects
that a natural person could or might
do, which now or hereafter may be
authorized by law.
ARTICLE V.
The authorized amount of capital
stock of this corporation shall be one
hundred thousand ($l00, 0OO OO) dollars,
divided into one thousand Il ,000) shares
of the par value of one hundred ($l00 00)
dollars, per share; at such times as
the Board of Directors may direct
by resolution, said capital stock shall
be paid into this corporation, either in
cash, property, or securities approved
by said Board of Directors, in payment
for which shares of the capital stock
of the corporation shall be issued, and
the capital stock so issued shall there
upon and thereby become and be fully
paid.
ARTICLE vi
The time of the commencement of
this corporation shall be the date of
the filing of its articles and certified
copies thereof in the several offices re-
quired by law as the filing offices there
of and certificate of incorporation
delivered to it by the Corporation Com
mission, and the termination thereof
shall be twenty-five years thereafter,
with all privileges of renewal which
now are provided by law. or which may
hereafter, during the term of existence
of this corporation be so provided.
ARTICLE VII
The affairs of this corporation shall
be conducted by Board of Directors
consisting Of not less than three nor
more than five members, who shall be
chosen anc elected by the stockholders
of the corporation at the regular an
nual meeting of stockholders, which
said meeting shall be held the third
Monday III June of each and every
year; until and including the third
Monday in June of the year 1916, said
Board of Directors shall consist of z.
C. PRINi, M. P. MCEUEN and A. H.
FERRIN. The Board of Directors shall
have the power to fill any vacancy oc-
curing in the Board from any cause.
The Boa.d of Directors shall have the
power tC adopt bylaws for the govern
ment OF the corporation and may
amend, rescind and repeal the same.
The officers of this corporation shall
be a president, secretary and treas
urer, all of which shall be elected by
the Board of Directors.
ARTICLE VIII
The highest amount of Indebtedness
or liability, direct or contingent, to
which this corporation shall subject
itself at any time shall be sixty-fve
thousand dollars.
ARTICLE TX
The private property of the stock
holders of this corporation shall be ex-
empt from corporate debts of all kinds
whatsoever.
In WITNESS WHEREOF, We have
hereunto set our hands this --- day
of July A. D. 1915.
z. c. PRINA,
M. P. MCEUEN,
A. H. FERRIN.