The daily morning oasis. [volume] (Nogales, Ariz.) 1917-1920, 1920-09-01

at such time and place ana in such
manner rs 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
predecessor and until his successor
is elected and qualified.
ARTICLE VIII
The officers of this corporation
shall be a 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 Di-
rectors. Any two or more offices,
the duties 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.
hereafter officers shall be elected
by the board of directors immediate.
ly after each annual mee-;ng of the
stockho ders Of the corpo1a alton, and
shall hold office for one year and
until their successors are elected and
qualified In the event of a 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 anG 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 corporations; to Tx the
amount to be reserved IS working
capital; and to authorize and cause
to be executed mortgages, tlebentures,
and OTHER obligations which shall be
liens upon the property ana franchises
of the corporation, and, in general TO
exercise. all the powers AM authority
of the company not expressly with
neld from said Board by ,ew, or by
these ..rticles Of Incorporation, or by
the affirmative action of the stock
holders.
ARTICLE X.
The stockholders and members Of
this corporation and their private
properly shall be exempt from any
liability for the debts Of this corp
grafton.
ARTICLE XI.
With the consent of the holders Of
two-thiro (2-3) in amount of the
capital stock of this company, issued
and outstanding when evidenced in
writing or with the consent of a
majority in amount of the capital
took of the corporation, issued and
outstanding, when expressed by a
resolution adopted at meeting of
the stockholders of the company duly
ield ar.i called pursuant to the by
avs, the directors shall have au
thority to sell or otherwise dispose
Of in such manner as may be au-
thorized, the entire prope1ty and as
rets OF the corporation.
ARTICLE XII.
The Indebtedness of thu corpora
Ion shall at no time exceed the sum
Of Thirty Thousand (S3O,OC0.OO)
Dollars
ARTICLE XIII.
Duane Bird, of Nogales, Santa
Cruz County, Arizona, who has been
a bona fide resident of the State OF
Arizona for at least three 90 years,
is hereby appointed the lawful agent
of this corporation for and in behalf
of it, to accept and acknowledge
service, and upon whom may be serv-
ed all necessary process III any ac-
ton, silt or proceeding that may be
held OF brought against this corpora
ton in any of the Courts Of the State
of Ari coma, and for all purposes re-
Quired by law.
IN WITNESS WHEREOF, we have
hereuntp set Our hands This 9Th day
of August, A. D. 1920.
/ W. J. PHILLIPS,
R. ". REID.