Arizona republican., 1919-10-16
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All ~~~~~s~s~~~~~~~~~~<> <>~~~s~~~~~~~~~~~~~ improve, exchange, and otherwise ac- quire, and dispose of and deal in real and personal property.
 To generally do everything proper and necessary for the conduct of the business herein above mentioned.
 ARTICLE ".
 The amount of capital stock of the shall be ONE HUNDRED (s1oo, ,0oo.o0) DOLLARS, Divided into one thousand Q,000) shares of the par value of ONE HUM DRIED (s1O00O) DOLLARS each.
 The capital stock shall be common stock and the terms upon which such stock is created are that it shall be issued to the full par value thereof, and said stock shall be issued as fully paid and inaccessible, and the capi- tai stock of this corporation, after its full par value has been paid, shall not be subject to assessment to pay the debts of the corporation.
 Said capital stock may be paid for in cash or service, or by the sale and transfer of real or personal property for the use and purpose of said cor poration. In the absence of actual fraud in the sale of any such property the judgement ofSthe directors as to value of such property shall be deemed final and conclusive.
 ARTICLE V.
 The time of the commencement of this corporation shall be at the date of the filing of these Articles of h. corporation in the office of the Arizona s-- Arizona, and the said corporation shall endure for twenty-five (25) years thereafter unless sooner terminated.
 ARTICE VI.
 The affairs of the corporation shall be conducted by board of directors consisting of five (5) persons, and may be increased to seven CD in number by a majority vote of the stockholders at any regular meeting, all of whom shall be stockholders of this corpora tion, and who shall be elected annually at the regular meeting of the stock holders of this corporation, in accord. ance with the provisions of the by- laws. Lytle s. Adams, Ray Ferguson Hosea Greenhaw, Charles A. Bankert and C.C. Chapman, shall be and consti. ute the board of directors of this cor. poration, and shall hold office as sucf untl successors are duly elected ana qualified. The powers of the board O directors of this corporation, and of al officers, shall be defined by the by. laws to be adopted by this corpor' ation.
 ARTICLE VII.
 The officers of this corporation shal be President, Vice-President, ; Secretary, Treasurer and General Man ager. Said officers shall be elected annually by the board of directors il accordance with the provisions of tn bylaws. The following persons shal be the officers of this corporation unti their successors are elected and uuali fled:
 President: Hosea Greenhaw.
 Vice-President: Ray Ferguson.
 Secretary Treasurer: Charles A Bankerd.
 General Manager: Lytle s. Adams ARTICLE VIII. The highest amount of indebtedness or liability, direct or contingent, t which this corporation is at any tim subject, shall not exceed two-third | (2-3) of it's capital stock ARTICLE TX.
 The private property of the stock holders of this corporation shall be for ever exempt from corporation debts ( any kind whatsoever. IN WITNESS WHEREOF, we hay hereunto set our hands and seals g Nogales, Santa Cruz County, State ( Arizona, this 18th day of Septembe i 1919.
 LITTLE S. ADAMS (SEAL RAY FERGUSON (SEAI
 CHAS. A. BANKERD (SEAI STATE OF ARIZONA,
 ss.
 COUNTY OF SANTA CRUZ.
 Before me s. F. Noon, Notar Public in and for the County of Sant Cruz, State of Arizona, on this da personally appeared L-TLE S. AT ANS, RAY FERG GU SON an 1 CHARLES A. BANKERD, known 1 me to be the persons whose name are subscribed to the foregoing instrr ment, and acknowledged to me tn; they executed the same for the pul poses and consideration therein e, pressed.
 Given under my hand and seal office this 18th day of September, 191 | (NOTARIAL SEAL)
 | s. F. NOON | Notary Public. Filed in the office of the Arizor Corporation Commission this 22r day of Sept. A. D. 1919 at 1c'00 a. n at request of S. F. NOON, whose pos office address is Nogales, Arizona. l ARIZONA CORPORATION CON MISSION.
 1 By AMOS A. BETTS, Chairman.