The border vidette., 1917-05-12

registered in the name Of, or carried on by; any other companies formed, or to be formed, or as agents or nominees of this company, or upon any other terms or conditions which the Board of Di- rectors may consider for the benefit of this company; and to manage the af- fairs, take over and carry on the busi- ness of such company or companies SO formed. or to be formed, either by acq uiring the shares, stocks or other securities thereof. or otherwise. and to exercise all or any of the powers of holders of shares of stock or securities thereof. and to receive and distribute the dividends and interest on such shares, stocks, or Securities.
 3 To issue debentures, bonds. notes and other obligations, and to deal in the same. and to buy. sell and deal in shares of it's own capital stock.
 4. To buy. own. acquire. sell. lease and deal in all kinds of real and per- sonal property.
 5. To issue bonds to any amount authorized by law, and to secure the same by mortgage or deed of trust, and the directors and officers of the company are authorized to make and issue said bonds and said mortgages or deeds of trust
 6. And generally, to O and perform each and every other thing necessary, expedient, incident or convenient to the conducting of the business afore-
 
 kinds of business whatsoever not in conflict with the laws of the United States. or of the State of Arizona. and either within or without the State of Arizona, the United States of America, or any foreign country.
 ARTICLE III.
 The location of said corporation 8 principal office and place of business in the State of Arizona shall be at NoRa- les, Santa Cruz County and the cor poratIon may have other offices. prin- cipal and branch, at such other place or places, either within or without the State of Arizona, as may be esta ablish- ed by the Board of Directors. at which offices meetings of stockholders and directors may be held and any business ot the corporation may be transacted.
 ARTICLE ".
 The amount of the capital stock of this corporation shall be two hundred thousand dollars (s2OO GOO OOJ divided into two thousand (200O) shares of the par valne Of one hund red ollars (SlO0.- OO) each; said stock shall be paid in by the respective subscribers to the same. at the time of the issuing to them of certificates of stock therefor; and said shares of stock. when so issued and paid for shall be forever non assess able.
 The affairs of this corporation shall be conducted by Board of Directors con sisting of mt less than five nor. more than seven persons, who shall be stock holders of this corporation, and who shall be elected anually at the re- gular annual meeting of the stock holders of this corporation, in accord ance with the provisions of the By laws ad dopted by this corporation; the powers of the Board of Directors and of all officers of this corporation shall be defined by the Bylaws.
 Pending the election of directors, as provided by the Bylaws. the follow ing shall be and constitute the Board of Directors of this corporation: l.. w. Mix, Louis Hudgin, I. Surgeon, E. Titcomb. and E. A. Titcomb.
 The officers of this corporation shall be President, Vice-Preside ent. Secre- tary and Treasurer. who shall be elect ed annually by the Board of Directors, in accordance with the provisions of the Bylaws The office of Secretary and Treasurer may be held by the same person. Until the next annual meeting of the Board of Directors. in accord ance with the Bylaws. the following shall be the officers of the company: HresidenC L.. w MIX. ce-President t............E E. TitcOmb. Secretary and Treasurer Louis Hudgin.
 ARTICLE VII.
 The highest amount of indebtedn ness or liability. direct or con tingent. to which this corporation is at any time to subject itself. shall not exceed two- thirds of it's capital stock.''