The border vidette., 1917-04-28

registered Tn the name of. or carried on ] by; any other com mpanies formed, or to | be formed. or as agents ar nominees of this company, or upon any other terms | or conditions which the Board of Di- | rectOrs may cOnHid CT for the benefit of this company; and to manage the af- l fairs, take over and carry on the busi- | ness or such company or companies so | formed. or tO be formed. either by 1 acq uirinR the shares, stocks or other 1 securities thereof. or oth erwise. aud 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 l shares. stocks, or securities. To issue debentures, bonds. notes and other obligations, and to deal in the same. and to buy. sell aud deal in shares of it's own capital stock. 4. To buy. own. acquire. sell. leaee 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 To and perform each and every other thing necessary, expedient. incid ent or convenient to the conducting of the business afore- said. as well of all other classes and kinds of business whatsoever not in conflict with the laws of ihe United States. or of the State of Arizona. and either within without the State of Arizona, the United States of America, or any foreign country.
 ARTICLE TIT.
 The location of said corporation s principal office and place Ot business in the State of Arizona shall be at NoQa- Santa ha 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 he esta ablish- ed by the Board of Directors. at which offices meetings of stockholders and directors may be held and any business Of the corporation may be transacted.
 ARTICLE ".
 The amount of the capital stock of this corporation shall be two hund red thousand dollars (S2O0 900 0OJ divided into two thousand (2000) shares of the par value of one hund red dollars (SIOO.- 00) 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.
 ARTICLE VT
 The affairs of this corporation shall D6 conducted by Board or Directors con sisting of mt less than five nor more than seven persons, who shall be stock olders of this corporation, and who shall be elected annually at the re- gu1ar annual meeting of the stock holders of this corporation, in accord ance with the provisions of the Bly, laws adopted by this corporations; 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, ice-Presid ent, Secre- tary and Treasurer. who shall be elect 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 fresldent ----.-. --L. " MIX. Vice. Presid dent............E. E. Titcomb. Secretary and Treasurer Louis HudRin.
 ARTICLE VII.
 The highest amount of indebtedness or liability, direct or con ntinRent. to which this corporation is at any time to subject itself. shall not exceed two- thirds of its capital stock"