The border vidette., 1912-01-13
ARTICLES or INCORPORATION
 OF THE AMERICAN DRUG STORE, INCORPORATED

hereby make, execute, acknowledge and publish these Articles Of Incor- poration. and do hereby certify:
 I.
 The name of this corporation and by which it shall be authorized to transact is hu iness is 1.-THE AMERICAN DRUG STORE, INCORPORATED" The names of the incorporators are J e. uS S.lldamando. Francisco M. de Snidamando and Filiberto Saldamando. The principal office and place of tran sAcfing the husiness Of this corporation shal, i.e at the town of Nogales. Santa Crnz County. Territory of Arizona. and branch offices and stores may be kept and maintained at such other place or p'aces as the Board of Direct ors may decide.
 The time of the commencement Of this corporation shall be the day of the filing of these Articles of Incoi poration in tine office of the county recorder of Santa Cruz County. Arizona, and certified copy thereof in the office of the Auditor for the Territory of Ari- zona. and the termination thereof shall be twenty. five years thereafter, or as provided by law.
 The amount of the capital stock of this corporation shall be Ten Thousand Dollars (SlO 0OO) divided into one hun dIed shares of the par value of One Hundred Dollars (SlO0) each. At such time and under such conditions the Board of Directors shall direct, the capital stock purchased by su ubscribers shall be paid for either in cash or by services rendered for the benefit of the corporation or by the sale and transfer to the corporation of real or personal property, and the Board of Directors may lssue shares of stock in exchange for services or property, and their judgement in so doing including the fixing of the price of such services and property. shall in the absence of fraud, be conclusive.
 The highest amount of indebted ness Or liability to which this corporation is at any time to subject itself, either direct or contingent, shall not exceed two-thirds of its capital stock; and the this corporation shall be forever exempt from the payment ot its corporate debts.
 VI.
 The general nature of the business proposed to be transacted by this cor poration is to own, operate and conduct a general drug business and drug store or drug stores; to buy, sell and deal Tn drugs. chemicals, toilet articles, patent medicines, confectfonery, bon bons, perfumerieS, books and stationery. papers and periodicals. tobacco and cigars, soda waters and all other articl of merchandise of what kind and nature soever, bought, sold, used or handled in drug store or in connection with the drug business, ana to fill prescrip- tions and sell medicines. and conduct general drug business.
 VII.
 The business affairs of this corpora tion shall be conducted by Board of Directors consisting of three members, each of whom shall be a stock holder, and whenever any director ceases to be a stock ho old CT he shall at the same time cease to be a director. They shall be elected annually by the stock holders at their regular annual meeting. which shall be held at the office ot the com pany in Nogales, Arizona, on the second Monday in January nseach year, and shall hold their office for one year and until their successors are elected and qualified; provided, however, that the first Board of Directors shall be com posed of the lncorporators w hose names are hereto subscribed, and they shall continue to constitute the Board of Directors until the regular annual meeting of the stock holders on the second Monday of January, 1913 A majority of the Board Of Directors shall constitute a quorum for the transaction of business.
 VIII.
 Within ten days after the election of any Board of Directors they shall meet
 
 from among their number the officers of this corporation who shall be Pre- ident, Vice President, Secretary and Treasurer, and such other officers and agents as the Board of Directors may think necessary. All officers shall hold their office during the life of the Board of Directors by whom they are elected, and until their successors are elected and qualified, unless sOoner-remoVed by a vote of two-thirdS of the directors. Two off ces may be held by the same person. and the Board of Directors shall have power to fill any vacancy existing g in the board.
 These Articles of Incorporation may be altered or amended at any regular meeting of the stock holders or ar any special meeting called for that purpose by the affirm ative vote of maj Jrity of the stock; aud the Board of Directors may call meeting for that purpose or for any other purpose not inconsistent with law; but notice of such proposed amendment shall be given to each stockh older either personally or in writing at least twenty days prior to the meeting at which such amend ent is to be vo:ed upon.
 IN WITNESS WHEREOF, We have here unto set our hands and seals this eig h. teenth day of December A. D nire- teen hundred and eleven.
 JESUS SALDAMANDO. (SeaD
 FRANCESCA NJ DE SAbDAMANDO (SeaD
 F. SALDAMANDO (SeaD TERRITORY OF ARIZONA, lss
 COUNTY OF SANTA CRUZ.
 n r. h,,B hTNT,