The daily morning oasis., 1920-09-02

at such time and place ana in such
manner as may be prescribed by the
bylaws of the CORPORATION. If at
any time a vacancy in the Board of
Directors shall occur such vacancy
may be filled by the remaining d.
rectors in the office. The person so
chosen to fill a vacancy shall serve
during the unexpired term of his
precedecessor and until his successor
is elected and qualified.
ARTICLE VIII
The officers of this corporation
shall be President Vice President,
Secretary and Treasurer. who shall
be elected by the board of di-
erctors Such officers nay or may
not be members of the Board of Dr.
rectors. Any, two or more offices,
the d1t,es of the incumbent of which
are no, inconsistent. may be held by
the same person. The fist officers
shall be elected by the first board Of
directors chosen by the incorporators.
Thereafter officers shall be elected
by the board of directors Immediate
ly after each annual meeting of the
stockho ders Of the corpo1 alton, and
shall hold office for one year and
until their SUCCESSORS are elected and
qualifla0. In the event of vacancy
in any office, the board of directors
may fill, the same and the person so
selected shall serve the unexpired
term of his predecessor AMI until his
successor is elected and qualified.
Additional offices may be created by
the stockholders of the corporation,
and when so created shall be filled
and vacancies therein supplied by the
board CT directors.
ARTICLE TX.
The board of Directors shall have
the power to make and alter the by
laws of the corporation; to fix the
amour. to be reserved as working
capital; and to authorize and cause
to be executed mortgages, iebentures,
and other obligations which shall be
liens upon the property and franchises
of the corporation, and, in general to
exercise. all the powers AMI authority
of the company not expressly with
neld from said Board by lew, or by
these e.tticles Of Incorporation, or by
the affirmative action Of the stock
holders.
ARTICLE x.
The stockholders and members Of
this corporation and their private
shall be exempt from any
liability for the debts Of this corp
oration.
ARTICLE XII.
With the consent of the holders Of
(2-3) in amounG of the
,apital took of this company, issued
md outstanding when evidenced in
writing or with the consent of a
majority in amount of the capital
took of the corporation, issued and
when expressed by q
esolution adopted at meeting of
he stockholders of the company duly
lcld ant called pursuant to the by
avs, the directors shall have au
hority to sell or otherwise dispose
# in such manner as may be au-
horized, the entire prope1ty and as
cts OF the corporation.
ARTICLE XII.
The Indebtedness of t',i. corpora
ion shall at no time exceed the sum
f Thirty Thousand (S30,O00.00)
)ollars
ARTICLE XIII.
Duane Bird, of Nogales, Santa
,ruz County, Arizona, who has been
bona fide resident of the State OF
lrizona Tor at least three (3) years.
hereby appointed the lawful agent
this corporation for and in behalf
it, to accept and acknowledge
ervice, and upon whom may be serv-
d all necessary process in any ac-
on, sait or proceeding that may be
ED OF brought against this corpora
on in any of the Courts Of the State
f Ar iona, and for all purposes re-
uired by law.
IN WITNESS WHEREOF, we have
creunt, set our hands his 9th day
August, A. D. 1920.
W. ]. PHILLIPS,
r. v. REID.