The Parker post., 1917-11-10


deem necessary to aeanirssin the en-
Or s'tssttemsnt Of ahy
claims Or demands arisingl out of its
business transactions, and to issue
and M xexseaats insthss gtransaetionv st Its
business, all necessary receipts, cer-.
tificates and contracts, which shall
be signed by such person or persons
as may be bdeeignated hyfthegby aaws
of the corporation. ~ { [EEE {
10. To conduct all or any of the
business hereinbefore mentioned and
all business incident thereto and
fairly implied in these expressed pur-
poses, although the same be sppt 5sHe-.
officially mentioned. and in separate'
and different departments in the
manner authorized by law, or in SUCH
manner as may sbe bys law hereaftef
authorized and required.
ARTICLE III.
The amount of the authorized
capital stock of the corporation is
fifteen THOUSAND dollars t$f5,0eUl,
livided into one hundred fifty (150)
shares, of the par value of one hum
dred dollars ($100.0O) each, thir-
,een thousand dollars ($13,O00.00)
Of which shall he paid sAnsyin cash, at.
tha Hme or sbefere he aornoratton
u y "a q 81 M q - e =
ARTICLE w.
The time of commencement of this
,orpofationn shaft be from The date of
he issuance and delivery Of the cer-
;ificate Of incorporation; by the Cor
ooration Commission of the state Of
arizona, and hallncontinus and en-
lure for period Of twenty-five
tears from the date Of said issuance
md delivery of certificate or incor-
)oration! t=uI 81 .b:uU y q
T. f aas ARTICLE " .4a.us44g.
The officers Of the corporation
shall be a 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
II the same, person ;,,ns,a 90, ...........
The affairs of theieorporation shall
oe conducted by:a board oftdirectors,
consisting iofanot less ,thanithrae, nor
more than seyenaadifeetors,a AL ii OF
whom shall be lstOekhold olgs an1t all
directors shall be elected annually. at
he annual meeting!o the stockhold-
9rs, to be held on the second ~Sat,r-
lay in October, each year, at the
principal Office of the corporation in
Parker, Arizona.7jdU@ a1 9m. via.
The board aof directors shall at
heir first meeting, following the an-
lual stockholders meeting. elect
president, vice-presideI.. cashier and
secretary, all of whom shall be stock
.lolders, and such other officers and
agents as they may ,loieamin3 to be
necessary, or as may he provided by;
che bylaws, and the dulles Of such
officers shall be determined by tho.
bylaws Of the corporation. an.
81 The board of directors shall have
he power to establish or cause to be
established and maintained, one or
more branches and to appoint such
agent or gents to assist in the man
agement Of its business and in con-
lucting the affairs of the corpora
ton, as they may, from time to time,
leem advisable and may vest in such
agent or agents. such power as they
may deem .expedient. 4
Should ast1lTA vacancy, or vacancies
at any time occur In. the board of di-
fectors, the remaining directors shalF
have the power TO- fill such vacancy
or vacancies until the next annual
meeting of. the stockholders.
- The board OF. directors shall also
have the power to make and amend
bylaws and. rules and regulations,
deemed expedient for the manage
ment of affairs of the corporation
and the officers thereof, not inconsis-
tent with the constitution ,,f The
United States and Of the state of
Ariz0Ila EI j nj Egff
Untir theR FIRST regular. annual
meeting; after the execution and
adoption of these articles CT incor-
poration, or until the adoption of by
laws, which shall change the num-
ber of directors, the following stock
holders shall constitute a board of
directors of the corporations
Newman Essick,5s Los Angeles,
California.
\. C. Webb, Of Phoenix, Arizona.
IF. Raney of Parker Arizona