The border vidette., 1907-02-16
ARTICLES OF INCORPORATION
 OF THE NATIONAL COMMERCIAL COMPANY

KNOW ALL MEN BY THESE PRE- S;1NTS: That we, whose names are hereto subscribed, being desirous of forming a corporation under the laws of the Territory of Arizona, have this day voluntarily associated ourselves to- gether into a body corporate. and for that purpose do hereby make, sign, execute and acknowledge these Articles of Incorporation, and do hereby cer~e tify:
 Art. I. The name of this corpora tion and by which it shall be author ized to act and to transact its business, is and shall be the NATIONAL COM MERCIAL COMPANY"
 Art IT. The name of the incor- porators are l. W Jimmie, J. J. Teeter, H. L. Sun and F. Quey. The principal office and place of transacting the busi- ness of this corporation shall be at the town of Nogales, Santa Cruz coun- ty, Territory of Ar.zona; but other places of business may be established by the Board of Directors, either in the United States or foreign countries, and they may deem for the best in- terests of the Corporation.
 Art. III. The time of the commence ment of this corporation shall be the day of the filing of its Articles of In corporation in the office of the County Recorder of Santa Cruz county, Ari zona, and certified copy thereof in the office of the Auditor for the Territory of Arizona, and the termination there of shall be twenty-five years there after unless the same be renewed, or be dissolved prior to that time by a majority vote of it's members, or by operation of law.
 Alt. ". The general nature of the business proposed to be transacted by this corporation is and shall be the owning, carrying on and conducting of a general wholesale and retail mercantile and commercial business; the buying, selling and dealing in and disposing of all kinds of merchandise: the acquiring, owning, holding, deal- ing in and disposing of all kinds of personal and real property, including the stocks, bonds and securities of other corporations; and generally, in the transaction of said business, to do and perform each, all and every act and thing which it is lawful for natural parsons to do, and winch is profitable or incident or pertaining to said busi- ness.
 Art. V. The amount of the capital stock of this corporation shall be Twenty-Five Thousand Dollars $25,- GOO, divided into two thousand five hundred 2500 shares of the par value of ten dollars $10 each, to be paid for at such time and in such manner as the Board of Directors shall determine, and said stock, when issued, shall be fully paid and shall be non-assessa ble.
 Art. VI. The highest amount of in debtedness or liability to which this corporation is at any time to subject itself shall not exceed the sum of Six teen Thousand Dollars S16,000, and the private property of the stock holders of this corporation shall be exempt from the payment of it's corporate debts.
 Art. VII. The business affairs of this corporation shall be conducted by q Board of Directors, consisting Of not loss than three nor more than seven embers, each of whom shall be a stock older, and whenever any di- rector ceases to be a stockholder he shall at the same time cease to be director. The directors shall be elected by the stockh elders at their regular annual meeting and shall hold their office until their successors are elected and qualified. The first annual meet ing of the stock holders shall be held on the second Monday in January, 1908, and until such first annual meet ing, the Board of Directors of this corporation shall consist of J. J. Teeter, L. w. Jimmie and H. l. Sun. An nual meetings of the stock hold CTS shall thereafter be held on the second Mon day in January in each year.
 Art. VIII. The officers Of this cor poration shall be President, a Vice. President Secretary and d Treasurer, and such other officers or agents as the Board of Directors shall determine. All officers shall be elected by the Board of Directors, and two offices may be held by the same person. The Board of Directors shall have power to fill any vacancy on said Board. Until the first annual meeting of the stock holders, and until their successors are elected and qualified. the following persons shall be the officers of this cor poration, viz: J. J. Teetcr. President; l.. w. Jimmie, Vice. President, and H l.. Sun, Secretary and Treasurer.
 IN WITNESS WHEREOF. we have hereunto set our hands and seals this twenty y-first day of December, A. D. 1906.
 (SeaD l.. w. Jimmie
 (SeaD ]. J. Teeter
 (SeaD H l.. Sun
 (SeaD F. Quey Territory of ArlzOna, ss
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