Bisbee daily review., 1922-07-23

10 the same extent as natural persons might or could do. and in any part of the world, either alone or in company with others.
 VI
 The names of the persons uniting to form this corporation are Fred Sandtner. whose postoffice address is Lowell Co chise County, Arizona, and Sam l.. Inge, whose postoffice address is Bisbee, Co- chise County. Ari-ona both of whom are residents of Cochise County, Arizona.
 VII.
 The highest amount Of indebtedness or liability, direct or contingent, to which this Corporation is to subject itself, is the sum of Six Hundred and Fifty Thousand does not exceed two thirds of the amount Of the capital stock.
 VIII
 The prudential and business affairs of this corporation shall be conducted by a board Of not less than three nor more than nine directors, who shall be elected by the stockholders at their annual meet ing, held on the third Monday in FebT1I- ary of each year. beginning with the year 1928. Directors so elected shall hold office for one year and until their successors are elected and qualified. The following named persons have been se- lected and shall constitute the board of directors until the first annual election. to-wit: N. c. Bledsoe, NJ. J. Cunningham. Sam l.. Inge. and c. w. Hicke all of whose addresses are Bisbee Arizona. and Fred Sandtner, whose, address is Lowell. Arizona.
 The officers of this Corporation shall be President. a Vice President. Sec retary. and a Treasurer. The President. Vice President. and, Secretary shall he elected by the board of directors from among themselves immediately after the election of such directors each year. The Treasurer shall be chosen by the board of directors and shall be a stockholder of this Corporation. and he shall hold office .lasaE .ls ectors. The offices of Secretary and Treasurer may. however be held by one and the same person.
 The officers of this Corporation who have been selected and who shall serve until the successors are elected and duly qualified. are: N. c. Blodsoe, President; Fred Sandtner. Vice President: C. w. Hicks Secretary and Treasurer
 The Directors shall adopt Bylaws for the government of the Corporation and may amend the same. They shall have power to fill vacancies occurring in the Board from any cause. and. to appoint from among their number an Executive Committee which. to the extent provid- ed by resolution, shall have and exercise the powers granted the Directors by these Articles.
 The private propertv of the stoclIhold- CTS and officers of this Corporation shall he exempt from all corporate debts and liabilities of any kind whatever.
 IN WITNESS WHEREOF. we have hereunto set our hands and seals this 18th day of July A. D.. 1922.
 FRED SANDTNER
 SAM l.. INGE STATE OF ARIZONA. }
 lss. CpuntXs of Cochise,,s) t t se fQn flsiS dhv. heforS' tne. T.. f fserfeil Notary Public in and for the County of EoGhise, State of eArizonp. pei'soritlly appeared FRED SANDTNER and SAM l.. INGE known to me 10 he the persons whose names are subscribed to the fore going instrument and each of said per- sons stated and acknowledge that he eX ecuted the same for the purposes and consideration therein expressed
 Given under my hand and seal of of- flee this 18th day of Julv. A D.. 1922.
 l.. J. TERRELL
 Notary Public. Ny Commission expires August 27, 1925.