The Winslow mail., 1920-05-07

pCI ~ SIdl1 DO conclusive.
ARTICLE VI. The affairs and bssi-
nesses of this corporation shall be-
conducted by Board of Directors of
not less than three, nor more than
seven directors. who shall hold office
until their successors are elected and
qualified; and the following named
persons shall constitute the Board of
Directors until their successors are
elected and qualify:
w. c. QUEBEDEAUX
E. A. SAWYER
o. J. FAULKNER
Thereafter the Board of Directors
shall be elected from among the stock
holders at the Annual Stockholders
Meeting of the corporation, to be held
on the second Tuesday in January Of
each year, in the manner and al the
ime as the bylaws of the corporation
may otherwise provide.
The stockholders shall have power
to increase the Board of Directors to
seven members at any time.
ARTICLE VII. The officers of this
corporation shall include a president,
a vice president, secretary and
treasurer. The president and vice
president shall be elected by the
Board of Directors from among their
number at the first meeting. either re-
gular> or special, of the Board of Di-
rectOrs next following the annual
meeting of stockholders. and the sec
'etary and treasurer of the corpora
lion shall be elected by the Directors
at the first meeting either regular or
special, of the Board of Directors
next following the annual meeting of
stockholders, but the secretary and
treasurer need not be directors of the
corporation and provided that the Of
ices of secretary and treasurer may
be held by one person, at the discre-
ion Of the Board of Directors.
stockholders of the corporation, or
until their successors shall be elected
md qualified, the following named
persons shall serve as officers of tbs
corporation, to-wit:~ w. C. Quebe-
ieaux shall be president, E. A Saw
yer shall be vice president and o. J
Faulkner shall be secretary and
treasurer
Until further action by the Board
Of Directors, E. A Sawyer. of Win
slow Navajo County Arizona. who
has been a bona fide resident of Ari-
zona for more than three years last
past is hereby appointed the lawful
agent in and for the State of Arizona.
for and in behalf Of this corporation
to accept and acknowledge service of,
and upon whom may be served all
necessary process Or processes in any
action, suit or proceeding that may
be had or brought against this said
corporation in any of the Courts of
said State of Arizona, such service of
process or notice. or the acceptance
thereof by said agent endorsed there
on. to have the same force and effect
as if served upon the president and
secretary of this corporation.
ARTICLE VIII. The Board of Di-
rectors shall have power to adopt
amend and rescind bylaws for the
government of the corporation; il
shall have power to fill vacancies oc-
curing in the Board of Directors
from any cause, and to elect and ap-
point such other officers, in addition
to the regular officers of the com
pany, as they may deem necessary
with such powers as they may confer
ARTICLE TX The highest amount
of Indebtedness or liability. direct OF
! contingent, to which this corporation
is at any time to subject itself, shall
net exceed the sum of One Hundred
Thirty-three Thousand ($133000)
/ Dollars.
ARTICLE X. The time of the com
mencement of this corporation shall
be the date of the Issuance to it O.
certificate of incorporation by the cor
porate commission of Arizona, and tht
termination thereof shall be twenty
five (25) years after such date, will
the privilege of renewal as provided
by law
ARTICLE XI. The private propert!
Of the stockholders and officers of thi
corporation shall be. and is hereb!
made forever exempt from the cor
porate debts, liabilities and obliga
tions of this corporation of every kinC
whatsoever
IN WITNESS WHEREOF, We hav
hereunto set our hands this 18th da.
Of April. A D.. 1920