The copper era and Morenci leader., 1916-10-06

such offices as the Board of Directors may, from time to time, determine, provided that the President, Vice President and Secretary shall be chos- en from among the members of the Board of Directors, and the Treasurer need not be director of the company, and the office of Treasurer may be filled and the duties thereof discharg- ed by any other officer of the company if and when the Board of Directors shall so determine.
 The first officers of this corporation and until their successors are elected and qualified, shall be as follows:
 Dave w. Ling, President.
 Walter Doudna, Vice-President.
 s. G. Lambert, Secretary.
 H. W. Jacobs, Treasurer.
 The Directors of this company, by a majority vote of the entire Board of Directors, shall have the power to sell all or any portion of the property of this Corporation, at any time and at or upon such prices and upon such terms as they shall from time to time determine and deem advisable and for the best interests of the Corporation and without obtaining or securing any previous authority from the stockhold- CTS so to do, and any and all transfers of property so sold under such author ity shall pass to and vest in the pur- | chaser thereof the full title thereto, and without the previous authoriza- tion or subsequent ratification thereof by the stockholders of such sale. VI
 l The highest amount of indebtedness or liability, direct or contingent, to | yuhi ic ho ot any time become subject, shall be Three Hundred Thousand ($3OO,0OO) Dollars, which amount does not ex ceed two-thirds of the amount of the capital stock of this Company.
 The private property of the stock holders of this Corporation shall be exempt from the corporate debts oi any and every kind whatsoever.
 In Witness Whereof, we have here unto set our hands and seals this 9tt day of August, 1916.
 DAVE W. LING, (SeaD
 PAUL F. CROWLEY, (SeaD
 HARRY JACOBS, (SeaD
 WALTER DOUDNA, (SeaD State of Arizona,
 County of Greenlee, ss.
 Before me, E. " Horton, a Notary Public in and for the County of Green lee, State of Arizona, on this day per sonally appeared Walter Doudna, P F. Crowley, and Dave W. Ling known to me to be the persons whose names are subscribed to the foregoing instrument and acknowledged to me that they executed the same for the purpose and consideration therein ex pressed.
 n office this 9th day of August, 1916. (Notarial SeaD E. V. HORTON.
 Notary Public
 My commission expires Septembe1 18th, 1919.
 State of New Mexico,
 County of Grant, Ss.
 Before me, Paris V. Bush, a notar! public in and for Grant County, Nev Mexico, appeared Harry Jacobs, wh' is personally known to me and wht swears that he executed the foregoing instrument, subscribing to same as hi : free act and deed. Subscribed ant sworn to before me this 10th day O August, 1916.
 (Notarial SeaD PARIS V. BUSH, : Notary Public My commission expires January 22 1919.
 Filed in the office of the Arizon; Corporation Commission, this 15 da. of August, A. D., 1916, at 10:00 a. m at request of E. V. Horton, whost |. post office address is Clifton, Arizona Arizona Corporation Commission
 By F. A. Jones, Chairman to settlement ahd entry under the pro visions of the homestead laws of thu United States and the act of June Ii Recorders Office,
 Greenlee County, Ariz., Filed for record the 25 day of Aug : 1916 at II o'clock a. m., and recorded in Book No. 1, interpretations on pag 169-174 at request of E. V. Horton. , Rodney Ellis, County Recorder 7 By l.. N. Callicotte, , Deputy Recorder