Arizona republican., 1915-12-15

shall be stockholder, and by the following general officers. to-wit: President, First Vice President. Sec ond Vice President. Third Vice President. Secretary, Resident Secre- tary. Treasurer, 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 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 corporation shall begin on the first day of Jan nary and close on the 31st day Of i December of each year. The first i Board of Directors and General off cers shall hold until the first Mon | day in January. 1915. and until their
 respective successors shall have been elected. Immediately at the close 0t | Annual Meeting of Stockholders the i 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- | tors; he shall sign and execute in | behalf Of the corporation all deeds | mortgages leases, certificates of | stock and all other papers and doc | uments whatsoever excepting that all | trade contracts when first approved 1 by the Board of Directors, may be ! signed and executed in the name or ! the corporation by the General Man ! ager or by such other officer or of ! ficers as the Board of Directors may
 designate for that purpose. The pres ident may be required to perform such other further duties as the 1 Board of Directors may prescribe by
 resolution.
 The First Vice President shall per ! form all duties required of the pres ident in case of the absence. inabH- | fly for any reason. or refusal of the
 latter to act.
 The Seccnd Vice. President shall l perform all duties required of the ] 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 perform all luties required of the 1 President in case of the absence in
 ability for any cause. or refusal of the President. and First and Second Vice Presidents to act.
 Any further duties may he re- quired of any vice-president by res olution of the Board of Directors i The Secretary shall attend all meet ings of the Stockholders and of the Board cf Directors and keep full and correct minutes of all of the pro cocdipEs 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 the same in behalf of the corporation to such deeds. mort gages. leases. con tracts. certificates of stock and other papers and documents signed by the I President and such others as tEc Board of Directors shall direct and he shall perform such other and fur ther duties as the Board by resolu- ton or bylaw may require of him The Resident Secretary shall be 6 ! resident of the State of Arizona. All proceedings of meetings of StoCkhold CTS and Directors shall be kept in duplicate and one duplicate part shall 1 be kept on file in the office of the
 Secretary at the principal branch of flee of the company and the other | shall be kept on file in the office of the Resident Secretary at the prin-
 cipal place of business of the Com pary in the State of Arizona. and the Resident Secretary shali have the care and custody thereof and
 such other records. stock books. doc
 uments and papers as shall he con-
 fided to his keeping. He shall per
 form such other duties as may be
 exacted of him by the Board
 The Treasurer shall be the custo-
 dian and keeper of all moneys. funds and securities of the corporation and
 shall pay out. disburse or dispose of the same only in the manner pre-
 scribed by the Bylaws or by reso- lution of the Board. He shall give
 bond to the corporation in such sum
 and with such conditions and surety
 as the By-Iaws shall provide or the Board require. and whenever the
 Board shall so direct he shall give
 new or additional bond or bonds of like tenor and effect. Every such
 bond must be approved by the Board | by resolution. entered upon the min
 utes. when it shall be filed with and kept in the custody of the Sec
 retary. He may be required to per
 form such other and further duties as the By-Laws shall provide or the l Board by resolution require.
 The General Counsel shall he the
 chief legal adviser of the corporation and of the Board of Directors and General officers thereof. lie shall
 be required to perform such duties and render such legal services as the Bylaws shall provide or the Board by resolution require.
 The General Manager shall be the
 chief executive officer of the Board
 of Directors and shall perform the
 duties required of him by the Board
 under the supervision of the General Officers
 The said corporation may establish
 a system of memberships by which persons. firms or corporations may
 be allowed to become and be mem
 bers thereof with rights and prlvl- Ieges to bc defined by the Bylaws
 or resolution of the Board. the same