The Coconino sun., 1927-05-13

I
| corporations, or any municipal COR
| poration or other corporation, firm or
body polite, or any person or persons,
and to make and execute any and all
| agreements for rental of such hotels,
chalets, inns and camps, and other
places of entertainment, refreshment
/ or recreation.
Fourth: To own, lease, construct,
maintain, operate and conduct stores,
warehouses and supply depots and to
purchase, market, and sell, both at
wholesale and retail, all kinds of
lgoods, wares, merchandise and sup-
plies, and to own, operate and conduct
a general mercantile business together
with all necessary and appropriate
facilities incident thereto.
Fifth: To purchase, or otherwise
acquire, and to hold, sell, assign,
transfer, mortgage, pledge, or other
wise dispose of, the shares of capital
stock of, or any bonds, securities or
other evidences of Indebtedness issued
! by any other corporation of this or
any other state, and to issue its own
obligations in payment of or in ex-
change therefor, or for any purpose
of its. Incorporation, and to secure
such obligations by pledge or mort
gage under deed Of trust, or other
wise, of the shares of capital stock
or bonds, securities or other evidences
of Indebtedness so acquired, or any
other property of the corporation.
Sixth: TO buy, sell, own, lease,
mortgage, exchange, trade, hypothe-
cate or otherwise deal in real estate
of whatsoever kind or character.
Seventh: To carry on any business
operations deemed by the corporation
| to be necessary or advisable in con-
nection with any of the objects Of this
corporation, or in furtherance of any
thereof, or intended to increase the
value of its property, and which are
not inconsistent with the objects and
purposes of this corporation, to the
same extent that a natural person
might lawfully do.
Eighth: To own, hold, purchase or
otherwise acquire, and to mortgage,
sell or otherwise dispose of, all real or
personal property necessary or desir-
able in connection with or in carry
| ing on any of the business, objects or
purposes of this corporation.
ARTICLE vi
The general business of this COR
poration shall be transacted in Salt
| Lake City, in the County of Salt Lake,
and State of Utah, and this corpora
| tion may also maintain offices for the
transaction of its corporate business
| in such other places as the Board of
Directors may from time to time se-
lect, or as may be designated in the
ARTICLE VII.
The amount of the capital stock of
this corporation shall be Twenty-Five
Thousand Dollars ($25, 5,000.00) divided
| into Two Hundred Fifty shares of the
] par value of One Hundred Dollars
| ($100.00) each.
ARTICLE VIII.
| The amount of the capital stock Of
this corporation actually subscribed,
| the names of the subscribers, and the
number of shares and amounts so
subscribed are as follows, to-wit:
| Names Number of Shares Amount
C. R. Gray $4,000
| HI. M. Adams 10000
E. E. Calvin 10000
N. H. Loomis 10000
Geo. HI. Smith 10000
| The Railroad Securi-
ties Company, a
corporation of the
State of New Jer-
| sey z40 z4,oUU.VV
Totals $50 $25,OOO.OO
ARTICLE TX.
The number and kind of officers of
| this corporation shall be Board OF
five (5) Directors, President, Vice
President, a Secretary, a Treasurer,
and an Auditor and such other officers
as the Board Of Directors may from
time to time determine. Each director
shall be a stockholder, and at least one
member of the Board of Directors
shall be a resident of the State of
/ Utah. The President and Vice-Presi-
dent shall be chosen from the Board
of Directors. All officers of the Com
pany shall hold office for one year,
and until their respective successors
are elected and have qualified.
| The Directors shall be elected at the
annual stockholders meeting which
Ishall be held on the second Monday
Of April in each year at Eleven
/ o'clock "A. M. at the principal office
Of the Company in Salt Lake City,
Utah. The Directors shall be voted
| for by ballot by the stockholders in
person or by proxy, and the persons
lreceiving the greatest number of
votes shall be declared duly elected.
| Unless required by the bylaws, no
| notice of the regular annual meetings
of the stockholders need be given.
| A stockholder shall be entitled to
i one vote for each share of stock
| owned by him. Representation by
proxy duly appointed in writing shall
| be allowed at all meetings of the
stockholders, whether annual or spe-
cial
| In case it shall happen at any time
that an election of Directors shall not
4 be made on the said second Monday
of April, the Directors shall designate
| a time thereafter as soon as is rea-
| sonably practicable, and within three
months, for holding meeting Of the
stockholders for the election of Direc-
| tors. Notice of the time and place
of holding such deferred annual meet
| ing shall be given in such manner as
may be prescribed in the bylaws, o.
| if not SO provided for then in the man
| ner prescribed by the statutes OF
Utah for snecial meetings OF stock