The Winslow mail., 1926-05-07
LEGAL ADVERTISEMENTS

notes or debentures and other evil
dence of Indebtedness, and to Sc
| cure the payment of the same by
mortgage, deed of trust, or other
wise; to lease real estate and to
sub-let the same, and in general,
! to do and perform such acts and
things and transact such business
in connection with the foregoing
objects and purposes not inconsist-
ent with law in any part of the
world as the Board of Directors
may deem to the advantage of the
| corporation.
ARTICLE ".
The amount of capital stock of
this corporation shall be Ten
Thousand Dollars ($10,000), divid-
ed into Ten Thousand 100000
shares of the par value of One
Dollar ($1.00) each. At such times
as the Board of Directors may by
resolution direct, said capital stock
shall be paid into this corporation,
either in cash or by the sale and
transfer to it of personal or other
real property, contracts, services,
or any other valuable right or
thing for the use and purposes of
! said corporation, in payment for
which, shares of the capital stock
of said corporation may be issued
and the capital stock SO issued
shall thereupon and thereby be-
come and be fully paid up, and
non -assessable forever, and in the
absence of actual fraud in the
transaction, the judgment of the
Directors as to the value of the
property purchased shall be con-
| elusive.
ARTICLE V.
The time of the commencement
of this corporation shall be the date
of the issuance to it of a Certifi-
cate of Incorporation by the Ari-
zona Corporation Commission, and
the termination thereof shall be
Twenty-Five (25) years thereafter,
with the privilege of perpetual sue
cession as provided by law.
ARTICLE VI.
The affairs of this corporation
shall be conducted by Board of
Directors and such officers as the
Directors may elect or appoint, and
the following shall constitute the
Board of Directors until their sue
cessors shall have been elected and
qualified:
P. H. Brooks, L. V. Brooks, and
G. T. Stevens.
! TbAnAnftA1. tho POord nf Dipnn-
tors shall be elected from among
the stockholders at the annual
stockholders meeting to be held on
the first Monday in January of each
year. The names of the officers
who shall have charge of the cor
porate affairs until the first meet
ing of the Board of Directors, are ::
P. H. Brooks, President;
G. T. Stevens, First Vice-President /;
l.. V. Brooks, Secretary-Treasurer.
ARTICLE VII.
The Board of Directors shall
have power to adopt and amend
Bylaws for the government OF the
corporation, and to fill vacancies
occurring in the Board from any
cause, and to do such other things
and exercise such powers as shall
be consistent with law, and provid-
ed for in the Bylaws of said cor
poration from time to time
ARTICLE VIII.
The highest amount of indebted
ness or liability, direct of cont1ng-
ent, to which this corporation snail
be subject at any one time, shall
be Six Thousand Six Hundred Dol
lars, ($6,6O0.00).
ARTICLE TX
The private property OF the
stockholders and officers of this
corporation shall be exempt from
all corporate debts of any kind
whatsoever.
ARTICLE x
The names, residences and post
office addresses of the incorpora-
tors are:
P. H. Brooks, residence, Winslow
Arizona, Postoffice Address, Wins
low, Arizona.
L. V. Brooks, residence, Winslow
Arizona, Postoffice Address, Wins
low, Arizona.
G. T. Stevens, residence, Wins
low. Arizona, Postoffice Address
Winslow, Arizona.
ARTICLE X1.
This corporation does hereby ap-
point w. E. Ferguson, OF Holbrook
Arizona. who has been bona fide
resident of Arizona for at least
three years, it's lawful agent in
and for the State of Arizona, for
and in behalf of said company to
accent and acknowledge service OF
and upon whom may be served all
necessary process or processes IN
any action, suit or proceeding that
NAV be had or brought against the
= said company in any of the courts
in said State of Arizona, such SER
vice of process or notice, or the
acceptance thereof by said agent
endorsed thereon, to have the same
force and effect as if served upon
the President and Secretary of said
company.
In witness Whereof, we have
hereunto set our hands and seals
this 29th day of March, A. D., 1925.
P. H. BROOKS (SeaD
G. T. STEVENS (SeaD
LUCILLE V. BROOKS (SeaD
STATE OF ARIZONA,