The Benson signal., 1917-08-18
Amendment to the Articles of
Incorporation of the Bank of
Benson

KNOW ALL MEN BY THESE PRES
ENTS: That at a special meeting OF the
stockholders of the Bank Of Benson. cor
poration organized and existing under the
laws of the Stale of Arizona, pursuant to
due and legal notice to each stockholder
of said Bank of Benson, held at the Office
of the said Bank of Benson. in Benson.
Arizona. on the 23rd day Of June. 1917.
and at which meeting more than three
fourths of the then issued capital stock of
said bank of Benson was represented by
stockholders in person. the following
amendments to its Articles of Incorpora-
ton were adopted by an Affirmative vote
son:
Resolved: That the Articles of lncorpo-
ration of the Bank of Benson be and the
same are hereby amended and changed
to read as follows:
ARTICLE ONE
The name of this corporation shall be
changed from the Bank Of Benson to
COCHISE COUNTY STATE BANK and
its principal place Of business shall in the
future be at Tombstone, in the County of
Cochise, state of Arizona, with branch
Office at Benson, Arizona, and in such
other places as a two-thirds majority of
directors present at any meeting shall
elect
ARTICLE TWO
The general nature of the business pro-
posed to be transacted is that of buying
and selling and issuing drafts and bills Of
exchange. buying and selling gold dust,
gold, silver. matte, lead, and copper bull
lion, gold and silver coin, United States.
State. County and other bonds or war
rants. real estate and personal property.
indebtedness and evidences of indebted
ness, both public and private. also ad-
vancing money on gold, silver matte, lead
and copper bullion and on gold, silver.
and other securities, both real and per-
sonal, making collections, discounting COM
mercial paper and other evidences of in
debtedness. both public and private, re-
ceiving deposits payable on demand or
otherwise, and transacting general bank
ing business. and also acting as agent for
insurance companies or any other COM
pany, individual or corporation
To accept and execute trusts of any and
every nature, kind and description that
may be committed to it: to attend in legal
manner to the management and settle
rnent of estates, guardianships, assign
ments. receiverships. and other trusts.
whether under appointment of courts or
otherwise, to act as executor, administra-
tor and guardian of estates; to act as
pledge-holder, attomey-in-fact, agent. as
signee, receiver, depository or trustee, to
do safe deposit business. to receive and
keep in safe deposit vaults, or in other
places Of safe keeping, bonds, stocks,
notes, papers and valuables of every kind,
and to collect and receive compensation
for such keeping, to purchase, own. hold, |
sell, assign, and hypothecate personal prop
erty bonds. chooses in action, bank stock, |
capital stock Of other corporrtions and all
classes Of evidences of indebtedness; to
transfer, register and countersign stocks, |
bonds, or other evidences of Indebtedness;
to issue and sell debentures and debenture
bonds, secured by mortgages on real prop
erty or otherwise secured; to receive on de-
posit, or otherwise, trust funds of moneys
belonging to States. counties, cities. and |
herewith according to law; to purchase |
hold. own sell mortgage and convey such !
real estate as may be necessary for carry
ing on the business of said corporation,
and such other real property as may be
taken in security for or in payment of .
debts, owing to said corporation; to buy.
dences Of Indebtedness, whether of per-
sons, or corporations and make, execute
ana pSEIcCt SuCAl ny COIitIdCIS, agreements,
policies, and other instruments, as may be |
required therefor.
ARTICLE FIVE.
The affairs of this corporation shall be
conducted by Board of Directors. con-
sisting Of not less than FIVE (5) nor more
than fifteen U5) members who shall be |
Of this corporation, and the
said Board of Directors shall elect from
their own number the following officers:
A President. and one or more Vice-Presi-
dents, other officers including Cashier,
and such other employees of this corpo-
ration shall be elected or appointed from
time to time as the Board of Directors
see fit, or as may be provided for in the
bylaws Of corporation; and such other
officers and employees other than the