Arizona state miner., 1926-10-02
LEGALS

! l41ty NC loOuCu LII CcLOnS Sci N1CCO VI
property upon such conditions and
! terms as may be determined by the
Board of Directors, who shall have
full power and discretion to fix the
value Of the property or services for
which stock may be issued, and
whose valuations shall be conclusive.
The Board of Directors may sell
stock for cash at such price or prices
as they may from time to time deter
mine. The stock shall be fully paid
and worcestershire.
Article "
The time of the commencement of
this corporation shall be the date of
the filing Of these Articles with the
Arizona Corporation Commission and
the recordation of a certified copy
thereof in the office of the County
Recorder of Maricopa County, Arizo-
ma, and shall terminate twenty-five
(25) years thereafter unless it be re-
newed in manner provided by law.
Article vi
The affairs of this corporation
shall be conducted by board OF not
less than three (3) directors. Such
direstors shall be elected at the an
nuaI meeting of stockholders, which
shall be held on the first Monday in
May of each year, and shall serve
until their successors are elected and
qualified Until the first annual
are elected and qualified, the follow
ing named persons shall constitute
the Board Of Directors:
Romaine H Lowdermilk;
Henry D. Warbasse;
Christine Tuthill.
The Board shall have power to fill
all vacancies occurring in their num-
ber.
The Board Of Directors shall have
full power to adopt bylaws and alter
and amend the same, and make all
rules and regulations expedient for
the management Of the affairs of the
corporation.
The directors shall be stockholders
Of this corporation, and any person
ceasing to be a stockholder shall ipso
facto cease to be a director.
The officers of this corporation
shall be: president, a secretary
treasurer, and such other officers as
the Board of Directors may designate
in the bylaws. The officers shall be
elected by the Board of directors
from among it's members Immediately
after each annual meeting of stock
holders, and shall hold office for one
CD year or until their successors are
elected and qualified.
Article VII
Until the first annual meeting of
the Board of Directors, the Directors
herein named shall elect the officers
of the corporation, and the Board of
Directors shall have power and auth
ority to fill any vacancies occurring
among the officers of this corpora
ton.
Any two of the above-named Off
ces may be held by one and the same
person if ordered by the Board of
Directors
Article Viii
The highest amount of liability or
Indebtedness, direct or contingent, to
which this corporation may at any
time subject itself, is Thirty three
Thousand Three Hundred and Thirty
three Dollars ($33,333.00)
Article TX
The private property of the stock
holders of the corporation shall be
debts.
IN WITNESS WHEREOF we have
hereuntO set our hands this 29th day
Of July, 1926.
HENRY D. WARBASSE
CHRISTINE TUTHILL, :
ROMAINE II. LOWDERMILK.
STATE OF ARIZONA,
County of Maricopa-ss
The foregoing instrument was ac-
knowledged before me this 29th day
of July, 1925. by Romaine H. Lowder-
milk, Henry D. Warbasse, and Chris
tine Tuthill
R. E. CONGER. Notary Public.
(SEAL)
NY Commission Expires: Jan. 18th.
1927