The Winslow mail., 1916-02-25

corporation which has not been issued
at the date of the making of this
amendment shall only be issued as
hereinbefore provided.
ARTICLE ".
The officers of this corporation shall
be President, not less than one nor
more than three ce-presidents, a
Cashier and Secretary, and such other
officers as the board of directors, shall
from time to time determine.
The affairs of this corporation shall
be conducted by board of directors
consisting of seven CD members all
of whom shall be stockholders. The
directors shall be elected at the an
nual meeting Of the stockholders to
be held on the second Saturday of
June in each year.
The board of directors shall at their
first meeting following the annual
stockholders meeting elect a Presi-
dent, not less than one nor more than
three vice-presidents, Cashier and a
Secretary, all of whom shall be stock
holders, and may elect or appoint an
executive committee consisting of
three directors, and such other officers
and agents as they may determine to
be necessary, whose duties shall be
determined by the bylaws.
The board of directors shall have
| the power to open or cause to be
opened and maintained one or more
branches, and to appoint such agents
to aid in the management of it's busi-
ness and in conducting the affairs Of
the corporation as they may from
time to time deem advisable and may
vest in such agents such powers as
they may deem expedient.
The remaining directors shall have
| the power to fill any vacancies in the
board of directors as may occur until
| the next regular annual stockholders
meeting.
The board of directors shall also
have the power to establish bylaws
and make all rules deemed expedient
for the management of the affairs of
this corporation, and the officers there
of, not inconsistent with the constitu-
| ton and laws of the United States
and the laws of the State of Arizona.
ARTICLE V.
That the highest amount of indebt-
edness to which this corporation shall
subject itself, over and above the
amounts due depositors, is two thirds
of the actual paid in capital of the
corporation.
ARTICLE VI.
The private property of each and
every officer and stockholder of this
corporation shall be wholly exempt
from any and all corporate debts and
liabilities.
ARTICLE VII.
This corporation having commenced
business under the terms of the orig
inal articles of Incorporation on the
first day of July, A. D. 1900, and being
entitled to the laws then in force, to
continue in operation for twenty-five
years from said date, to-wit: on June
3Oth, 1925, this amendment shall not
detract from the continuation of the
corporation to do business under said
original articles of incorporation, and
is only intended to extend and enlarge
upon the same and all rights and pri-
vileges accruing to said corporation
to and by virtue of the original arti-
cles of incorporation are hereby re-
served to this corporation.
IN WITNESS WHEREOF, The Pre-
sident of this corporation has signed
these amendments and caused the
same to be attested by the Secretary,
this 25th day of September, 1915.
HENRY HUNING,
President
Navajo Apache Bank G. Trust Co.
R. G. KAUFMAN,
Secretary
Navajo Apache Bank & Trust Co.