Bisbee daily review., 1918-04-07

ment of the said Board of Directors as to the value thereof shall be conclu- siye.
 The time of the commencement of this corporation shall be the date of the issue of the certificate of incor- poraticn by the Arizona Corporation Commission, and the corporation shall endure for the full term of twenty five (25) years thereafter, with the privilege or perpetual succession, as provided by the statutes.
 V
 The affairs of this corporation shall be conducted by a board of seven di- rectOrs, and those named herein, hold ing the respective offlces named, shall constitute the Board of Directors until the second Monday of June, A. D. 1919, and until their successors are elected and qualifIed.
 VI
 The highest amount of liability, direct or contingent to which this cor pOraIion snail at any time subject IT, self IS Thirty-three Thousand (SSS, S,00O) Dollars.
 The first annual meeting of the stockholders Of this corporation shall De held at it's offices m Lowell, Ari- zona, on the second Monday in June, 1918, at the hour of 1880 p. m-, and the regular annual meeting of stockhold- CTS snail be held thereafter at the same place on the second Monday in June oI each year. At stockholders meetings votes may be cast in person or by proxy. The officers of this cor porauOn shall be a President, Vice President, a Secretary, a Treasurer. and such other officers as may be des- ignated by the Board of Directors; and until their successors shall have been elected and qualified, the following named persons shall be the directors and officers of this corporation: J. l.. WINTERS, Warren. Arizona, President and Director. J. P. WILLIAMSON, Warren, Arizona, Vice President and Director. A. F. BORREGO, Lowell, Arizona, Secretary-Treasurer. DR. w. P. SIMS, Bisbee, Arizona, Director.
 L. B. NAYLOR, Lowell, Arizona. Director.
 SOL J. MORGANSTERN, Lowell, Arizona, Director.
 B. j. FINCH. Lowell. Arizona, Director.
 P.H. WILLIAMSON. Lowell. Arizona, Director.
 The bylaws of the corporation shall be such as are adopted at the first meeting of the incorporators, but the Board of Directors shall have the power to adopt additional bylaws not inconsistent herewith.
 VIII
 The private property of the stock holders of this corporation shall be ex- empt from all corporate debts of every kind whatsoever.
 IN WITNESS WHEREOF, we have hereunto set our hands this 7th day of March, 1918.
 AZ. BORREGo,
 JOHN P. WILLIAMSON,
 J. L. WINTERS. STATE OF ARIZONA COUNTY OF COCHISE
 Before me, Edw. J. Flanigan, a not ary public in and for COchise County, Arizona, personally appeared A. F. Borrego, John P. Williamson, and J. L.. Winters, known to me to be the per sons whose names are subscribed to the foregoing instrument and ac- knowledged to me that they executed the same for the purposes and con sideration therein expressed Given under my hand and seal of of- flee this 7th day of March. 1918.
 EDW. J. FLANAGAN, Notary Public, Cochise County, AriE. (My commission expires February 20, 1920)
 (NOtarial SeaD
 Filed in the office of the Arizona Corporation Commission this 12 day of March. A. D. 1918 at 500 p. m-, at request of EDWARD J. FLANAGAN, whose postoffice address is Bisbee. Arizona.
 ARIZONA CORPORATION COM MISSION,
 By F. A. JONES,
 Chairman.
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