The Parker post., 1917-12-01


deem necessary to acquire in the en-
forcement or settlement Of any
claims or demands arising out OF its
business transactions. and to issue
and execute in the transaction Of its
business, all necessary receipts, cer-
tificates and contracts, which shall
be signed by such person or persons
as may be designated by the bylaws
Of the corporation.
10. To conduct all OF any OF the
business hereinbefore mentioned and
all business incident thereto and
lairly implied, lin these expressed pur-
poses, although the same be not spe-
officially mentioned. and in separate
and different departments in the
manner authorized by law,>or in such
manner as may be by law hereafter
authorized and required.
ARTICLE III.
The amount of the authorized
~dpALdA SIOSh VI S0O SNA POA "tAOA 40
fifteen thousand dollars ($15,00Vl,
divided into one hundred fifty (160)
shares, of the par value of one hum
Ired dollars ($1O0.O0) each. thir-
.een thousand dollars (s13,O00.O0)
of which shall be paid in, in cash, at
he time or before the corporation
opens for business.
ARTICLE w.
The time of commencement OF this
corporation shall be from the date Of
The issuance and delivery of the GER
cificate of Incorporation, by the Cor
loration Commission OF the state Of
arizona, and shall continue ard en-
lure for a period OF twenty-five
ears from the date OF said issuance
nd delivery of certificate or incor-
Ioration.
ARTICLE v.
The officers Of the corporation
shall be president, vice-president,
cashier and secretary, and such other
officers as may be provided for in the
bylaws of the corporation, or as the
BOARD of directors shall, from time
20 time, determine. The Office Of
.ashier and secretary may be vested
n the same person.
The affailss of the corporation shall
oe conducted by board of directors,
of not less than three, nor
more than seven directors, all Of
whom shall be stockholders, AMI all
directors shall be elected annually, at
he annual meeting of the stockhold-
RS, to be held on the second Satur-
lay in October, each year, at the
principal Office of the corporation in
Parker, Arizona
The board OF directors shall, at
heir first meeting, following the an
lual stockholders meeting, elect q
resident, vice-presiden... cashier ana
,ecretary, all of whom shall be stock
folders, and such other officers and
Agents as they may ilsiernlins to be
necessary, or as may he provided by
he bylaws, and thu. duties OF sach
officers shall be determined by tho
bylaws of the corporation.
The board Of directors shall have
he power to establish or cause to be
Established and maintained, one or
lore branches and to appoint such
gent or gents TO assist in th.. man.
lgement OF it's business and In con-
lucting the affairs of the corpora
ion. as they may, from time to time,
ieem advisable and may vest in such
gent or agents such power as they
nay deem expedient.
Should an vacancy or vacancies
1t any time occur in the board of di-
:ectors, the remaining directors shall
rave the power to fill such vacancy
0r vacancies until the next annual
AOVCAuS III iiN SSOChuOAQoIS.
The board OF directors shall also
lave the power to make and amend
bylaws and rules and regulations,
leemed expedient for the manage
nent Of affairs Of the corporation
and the officers thereof, not inconsis-
,ent with the constitution II the
United States and of the state Of
Arizona.
Until the first regular annual
meeting, after the execution and
adoption of these articles Ct incor.
ooration, or until the adoption Of by.
laws, which shall charge the num-
Der of directors, the following stock
lolders shall constitute a board Of
directors OF the corporation.
Newman Essick, of Los Angeles,
California.
M. G. Webb, of Phoenix, Arizoua.
]. F. Raney, Of Parker, Arizona.