Portal:Government of the Territory of Arizona, Acts, Resolutions and Memorials… (1865)
“ That the officers of said company shall consist of a president, secretary, treasurer, and three directors, who shall be stockholders of said company, and shall be elected by a majority of them legally assembled; and shall hold their offices for one year from and after their election, and until their successors shall be duly elected; and such officers may be removed from office whenever a majority of stockholders present at any legal meeting called for that purpose shall determine that they have been guilty of mismanagement or fraud in the discharge of their duties. ”
