The Coolidge examiner., 1938-08-11

es of membership, the property
rights of the members in the pro-
perty of the corporation, the voting
and other rights and privileges of
the members and of each class
thereof, the liability for dues or
! assessments and the method of
collection thereof shall be set forth
in the bylaws.
ARTICLE "
The general nature of the busi-
Dess to be carried on by the cor
poration shall be as follows:
l. To do such business and
carry on such activities as shall
be necessary to effect the purposes
mentioned in Article I hereof.
2. To borrow and loan money
and to engage in any and all kinds
of business necessary or incidental
to the various purposes herein spec
flied, and at such place or places,
within or without the State of
Arizona as may suit the convent
ence Of this corporation.
3. To acquire, hold, sell, pledge,
| or hypothecate property, real,
personal or mixed.
The foregoing enumeration of
specific powers shall not be deem
ed to limit or restrict in any man
ner the gener powers of the cor
poration and the enjoyment and
exercise thereof, as conferred by
the laws Of the state of Arizona.
ARTICLE V
The affairs of this corporation
shall be conducted by a Board of
Directors, who shall be seven in
number; the number thereof, how
ever may be increased or decreas-
ed by amendment of these articles
or by a bylaw adoption pursuant
hereto, authority being hereby ex-
pressly granted to change the num-
Der of Directors by a bylaw adopt
ed in the manner provided in the
| bylaws.
The names and addresses of the
persons who have been elected as
Directors are as follows:
George w. Burgess, Casa Gran
Dc. Ariz.
Lynn w Merrill, Casa Grande,
Ariz.
Ed. Lacey, Coolidge, Ariz.
Frank Williams, Casa GIande,
Ariz.
T. NJ. Carlton, Casa Grande, Ari-
zona
J. D. Goree, Coolidge, Ariz.
f. G. Attaway, Coolidge, AriZ.
Said election was held July 7th,
1898, Coolidge, Arizona. at 1000
o'clock p M.
Thereafter, the Board of Direct
9rs shall be elected on the first
Monday in March of each year.
The officers of this corporation
shall be a president, vice-president,
and secretary-treasurer, and such
other officers as the Board of
Directors may from time to time
elect or appoint.
The first officers of this corpora
ton who shall serve until their
successors are elected and have
qualified are as follows:
Geo. w. Burgess, President.
John d. Goree, president.
]. ]. Jones, Secretary-treasurer.
ARTICLE VI
The Board of Directors shall
have power to adopt, amend, re-
scind and repeal bylaws for the
government of this corporation; to
fill vacancies in the Board of Di-
rectors from any cause, and to
elect and appoint such officers,
agents, and committees as they
NAV deem necessary, with such
power as they may confer.
ARTICLE VII
The time of the commencement
of this corporation shall be the
date of the issuance to it of a
certificate of incorporation by the
Corporation Commission of the
State of Arizona, and the termina-
ton thereof shall be twenty-five
years thereafter, with the privilege
of renewal as provided by law.
ARTICLE VIII
The highest amount of indebted
ness or liability, direct or conting-
ent. to which this corporation is
at any time to subject itself shall
be fixed in the bylaws.
: ARTICLE TX
The private property of the
members. officers, and directors
of this corporation shall be and
the same is hereby forever exempt
from all corporate debts of this
corporation, of any kind or charact'
er
ARTICLE x
John D. Goree, of Coolidge, Pinal
County, Arizona, who has been a
bona fide resident of the State OF
| Arizona for more than three (3)
years last past, is hereby appoint
ed the lawful agent in and for the
State of Arizona for and on be-
half of this corporation, to accept
and acknowledge service of, and
upon whom may ibe served sall
necessary process or processes in
any action, suit or proceeding that
NAV be had or brought against
this corporation, in any of the
courts of the State of Arizona,
such service of process or notice
of acceptance thereof by said
agent endorsed thereon to have the
same force and effect as if served
,DOn tho pracident and Secretary