The Coconino sun., 1916-08-18

ARTICLE vi
The amount of capital stock of this
corporation shall be one hundred
thousand dollars (s100,000), divided
into shares of the par value of one
hundred dollars ($100.0O) each. Such
stock shall be issued under the direc-
ton of the Board of Directors and
shall be fully paid up at the time of
delivery.
ARTICLE VII
The Board of Directors may au-
thorize and cause stock to be issued
in exchange for real or personal prop
erty and the Judgment of the Board
of Directors as to the full value of
such property shall, in the absence
of fraud, be conclusive.
ARTICLE VIII
The private property of the stock
holders shall be forever exempt from
corporate debts of any kind what
ever.
ARTICLE TX
The officers of this corporation shall
be President, Vice President, and Sec
retary and Treasurer, the same per-
son may be chosen to fill any two Of
| fees.
ARTICLE X
The following named persons have
been selected and shall constitute the
Board of Directors until the first an
nual election, to-wit:
o. l.. Hart, d. M. Francis and f. FL.
Duffield.
The officers of said corporation who
have been elected and shall serve un-
til their successors have been elected
and duly qualified are as follows:
o. L. Hart, President; d. NJ. Fran
els, Vice President; f. H. Duffield,
Secretary and Treasurer.
The Board Of Directors shall have
the power to fill vacancies in its mem
bership and in the office of the cor
poration.
The Board of Directors may adopt
a common seal and may adopt by
laws and may amend or repeal the
same, and shall have the power and
authority to transact any business
within the power of the corporation
and to delegate such power and au-
thority as it may deem expedient to
any officer Of the corporation.
ARTICLE XI
The highest amount of indebtedness
or liability direct or contingent to
which the corporation is at any time
to subject itself is the sum of sixty
six thousand (s66, 6,OOO.O0) dollars.
In witness whereof, we have here
unto set our hands this Goth day of
July, A. d. 1916.
o. l.. HART, s
d. M. FRANCIS,
E. H. DUFFIELD.
STATE OF ARIZONA, }
)ss.
County of Coconino,
This instrument was acknowledged
before me this'29th day of July, A. D.
1916, by o. L. Hart, d. M. Francis,
and E. Fl. DuffieId, whose names are
affixed to same.
JOHN ZALAHA,
(Notorial Seal) Notary Public.
My commission expires August %,
1917.
Filed in the office Of the Arizona
Corporation Commission this 9th day
of August, A. D. 1916, at 200 p. M,
at request of John Zalaha, whose
postoffice address is Flagstaff, Ari-
zona
ARIZONA CORPORATION COM
MISSION.
By F. A. JONES,
Chairman.
STATE OF ARIZONA, }
)ss.
County Of Coconino,
/, Dan j. Cronin, County Recorder
in and for the County and State
aforesaid, do hereby certify that the
within instrument was filed for rec
ord at o'clock p. m. on this 10th day
of August, A. D. 1916, and duly re-
corded in Book No. 2 of Articles Of
Incorporation, Records of Coconino
County, Arizona, at pages 3O4 ct seq.
Witness my hand and official seal
the day and year first above written.
DAN J. CRONIN,
Aug. 1S-Sept. % County Recorder.
STATE OF ARIZONA
OFFICE OF THE ARIZONA COR
PORATION COMMISSION
UNITED STATES OF AMERICA)
State Of Arizona