Bisbee daily review., 1918-04-05

ment of the said Board of Directors as to the value thereof shall be conclu- siye.
 The time of the commencement or this corporation shall be the date of the issue of the certificate Of incOr- poraticn by the Arizona Corporation Commission, and the corporation shan endure for the full term of twenty five (25) years thereafter, with the privilege Of perpetual succession, as provided by the statutes.
 V
 The affairs of this corporation shall be conducted by a board Of seven d. rectors, and those named herein, hold ing the respective offices named, shall constitute the Board of Directors until the second Monday of June, A. h.. 1919, and until their successors are eieeled and qualified.
 VI
 The highest aniOLnt of liability, direcc or contingent tO winch tnis cor pOrauon saail aL any time subject H. self IS Thlrty-three ! nousand tSS5.OOJJ Dollars.
 VII
 The first annual meeting of the Of this corporation shall be held at its offices m Lowell, Ari- zona, on the second Monday in June. 1918, at the nour Of 7:30 p. In., and the regular annual meeting of stOcKnoid- CTS shall De neld thereafter al the same place on the second Monday in June Of each year. At stOcknOiders' meetings votes may be cast ln person or by proxy. The officers Ot thIs cor pOrauUn snail be a President, Vice rTesident, a Secretary, treasure. and sucn other officers as may De des- lgnated by the board OI DIrectOrsi and until their successors snall have been elected and qualified, the following named persons shan be the directors and officers of this corporation: J. q. 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 ]. MORGANSTERN, Lowell, Arizona, Director.
 B. J. FINCH, Lowell, Arizona, Director.
 P. II. 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.
 A. F. BORREGO,
 JOHN P. WILLIAMSON,
 J.L. WINTERS. STATE OF ARIZONA COUNTY OF COCHISE
 Before me, Edw. J. Flanigan. 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 ot- flee this 7th day of March, 1918.
 EDW. J. FLANAGAN, Notary Public, COchise County, Ariz. (My commission expires February 20. 192O.)
 (Notarial SeaD
 Filed in the office of the Arizona Corporation Commission this 12 day of March, A. D. 1918 at 800 ?. 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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