The Coconino sun., 1925-01-23

i IPORAIE DEBTS:
The private property of the stock
holders shall not be subject to the pay
ment Of corporate debts to any extent
whatever.
Article Xxx
! POWERS OF BOARD OF DIREC-
In furtherance, and not in limitation
of the powers conferred By statute,
the Board of Directors is expressly
authorized:
! (1) To make, alter, amend and re-
scind the bylaws Of this corporation;
to fix the number of Directors; to
establish the conditions under which
Directors and Officers may be re-
moved from office; to fix the amount
to be reserved as working capital over
and above its capital stock paid III;
TO authorize and cause to be executed
mortgages and liens upon the real and
personal property of this corporation.
(2) From time to time to deter
mine whether and to what extent, and
at what times and places, and under
what conditions and regulations, the
accounts and books of this corpora
ton, (other than the stock ledger or
any Of them, shall be open to inspec-
tion of stockholders; and no stock
] holder shall have any right of in
| specting any account, book or docu
ment of this corporation except as
conferred by statute, unless authorized
/ by resolution of the stockholders en-
titled to vote, or Directors.
90 If the bylaws so provide, to
| designate two or more of its number
to constitute an executive committee,
which committee shall for the time
being, as provided in said resolution
or in the bylaws Of this corporation,
have and exercise any or al the pow
ers of the Board Of Directors in the
management of the business and af-
| fairs of this corporation, and have
power to authorize the seal of this
corporation to be affixed to all pa
pers which may require it.
az Pursuant to the affirmative
vote of the holders Of at least ma
| jority of the stock issued and out
standing, having voting power, giving
at a stockholders meeting duly call
| ed for that purpose, or when author
| lied by the written consent Of at least
majority of the holders of the vOt-
| ing stock issued and outstanding, the
| Board of Directors shall have power
and authority at any meeting to sell,
lease or exchange all the property and
assets Of this corporation, including
| its good will and it's corporate fran
chises, upon such terms and conditions
as its Board of Directors deem eXped-
| lent and for the best interests of the
corporation.
| (5) This corporation may in its
bylaws confer powers upon its diTec-
tors in addition to the foregoing, and
in addition to the powers and authori-
ties expressly conferred upon them by
the statute.
Article XXI
POWERS OF STOCKHOLDERS
AND DIRECTORS:
! Both stockholders and directors
shall have power, if the bylaws so
provide, to hold their meetings, and
to have one or more offices within
or without the State of Delaware, in
addition to the principal office in
Delaware, and to keep the books of
this corporation (subject to the pro-
visions of the statutes), outside Of
/ the State of Delaware at such places
as may be from time to time desig-
mated by the Board of Directors.
Article XXI
POWER OF AMENDMENT:
! This corporation reserves the right
to amend, alter, change or repeal any
provision contained in this certificate
of incorporation, in the manner now
or hereafter prescribed by statute,
and in these Articles, and all rights,
conferred upon stockholders herein
are granted subject to this resesva-
| ton.
WE, THE UNDERSIGNED, being
each of the original subscribers to the
capital stock hereinbefore named for
the purpose of forming a corporation
| to do business both within and with
out the State of Delaware, and in pur-
suance of the General Corporation
Law of the State of Delaware, being
Chapter IS Of the Revised Code of
Delaware, and the acts amendatory
thereof and supplemental thereto, do
make and file this certificate, hereby
declaring and certifying that the
facts herein stated are true, and do
respectively agree to take the num-
Der of shares of stock hereinbefore
set forth, and accordingly have here
unto set our hands and seals this 18th
day of December, A. d. 1924.
w. H. Dannat Pell (SEAL)
Harvey B. Hartsock (SEAL)
T. L. Croteau (SEAL)
In presence of P. +. Gordon as to w.
H. Dannat Pell and Harvey B.
Hartsock.
In presence of Herbert E. Latter as
to T. L. Croteau.
STATE OF NEW YORK, COUNTY
OF NEW YORK, SIS:
BE 1T REMEMBERED that on
this 18th day of December, A. D. 1924,
personally came before me, MARY V.
! CONNOLLY, a Notary Public for the
State of New York, w. H. Dannat
Pell and Harvey B. Hartsock, par
ties to the foregoing certificate of in
corporation, known to me personally
to be such, and severally acknowl
edged the said certificate to be the
act and deed of the signers respective
lly and that the facts therein stated
are truly set forth.
GIVEN under my hand and seal of
office the day and year aforesaid.
MARY v. CONNOLLY,