The Winslow mail., 1916-05-05

anu remain lull pdiu anu HOl-dSSeSS-
able forever, and the judgment of the
Board of Directors as to the value of
the property, services, lease, option,
right or thing acquired in exchange
for capital stock shall be conclusive
IN the absence of fraud.
ARTICLE VI
The time of the commencement of
his corporation shall be the day a
certified copy of these Articles is re
corded in the office of the recorder of
Navajo County, State of Arizona, in
accordance with the law; and the
ermination thereof shall be twenty
i've years thereafter, with the privi-
ege of renewal, as now provided by
law.
ARTICLE VII
The affairs of this corporation shall
1e conducted by Board consisting of
lot less than three nor more than
even directors, by whom q president
and vice-president shall be elected
md a secretary and treasurer ap-
pointed. The directors shall be elect
d by and from among the stock
,olders of record on the second Mon
lay of December of each year, and
hall serve until their successors are
,lected and qualified Until their
successors are elected and qualified.
he following named persons shall be
he directors and officers Of this cor
1oration:
President, J. B. Drumm, Winslow,
Arizona.
Vice-president, C. L. Drumm, Bar
tow, California.
Secretary Treasurer, F. A. Wills.
Needles, California.
Director, C. A. Johnston, Needles
California.
Director, c. NJ. Morgan, Needles
California.
ARTICLE VIII
The Board of Directors shall adopt
bylaws for the government Of the
orporation and may amend said by
avs. They shall also have power tc
4 i'll vacancies occurring in the BoarC
rom any cause, and to appoint from
,mong their number an Executive
4 Committee which, to the extent pro
ided by resolution or by the seid by
1 avs, shall have and exercise thf
lowers granted the Board of Direct
ors by these Articles.
ARTICLE TX
The officers of this corporation
I hall be president, vice-president
;ecretary and treasurer, which latte
wo offices may be held by the same
4 ,erson; the Board of Directors ma!
/ reate any other offices that the!
leem necessary and shall prescribe
he qualifications and duties of al
Ulcers of this corporation.
ARTICLE x
The highest amount of Indebtedness
n liability to which this corporation
hall at any time subject itself il
)ne Hundred Thousand Dollars
S1OO,0OO).
ARTICLE XI
The private property of the incor
,orators and stockholders of this cor
2oration shall be and is hereby made
brewer exempt from any and al
liability for the corporate debts ant
/! liabilities if this corporation.
ARTICLE XII
These Articles of incorporation
nay be amended by majority vot
f the outstanding stock Of the corpo
alton at any regular meeting of tn
stockholders, or at any special meet
ne of them called for that purpose
In Witness Whereof, We hav
lereunto set our hands and seals o.
his 22nd day Of April, in the yea
1916
J. B. DRUMM,
Seal
G. L. DRUMM
Seal
STATE OF ARIZONA,
SIS.
County of Mohave
This Instrument was acknowledge
| before me on this 22nd day Of Apri
n the year 1916, by j. B. Drumm an
G.. L. Drumm.
E. ELMO BOLLINGER,
Notary Public
My Commission expires 7-15-19.
| (SeaD
Filed in the office of the Arizon
Corporation Commission this 24t
day of April, A. D. 1916 at 1000
m. at request of E. Elmo Bollingel
whose post office address is Kingmar
Arizona.
ARIZONA CORPORATION COM
MISSION