The border vidette., 1912-01-20
ARTICLES or INCORPORATION
 OF THE AMERICAN DRUG STORE, INCORPORATED

SENTS: That we, whose names are hereto subscribed, being desirous of of the Territory of Arizona. have this day volunt tarily associated ourselves together into body corporate, and do hereby make, execute, acknowledg ge and publish these Articles of Incor poration. and do hereby certify:
 The name of this corporation and by which it shall be authorized to transaci its business is THE AMERICAN DRUG STORE, INCORPORATED
 II
 The names of the incorporators are Jesus Saldamando, Francisco M. d 6 Saldamando and Filiberto Sadamando. The principal office and place of tran sacting the business of this corporation shall be at the town of Nogales, Santa Cruz County. Territory of Arizona, and branch offices and stores may be kept and maintained at such other place or places as the Board of Direct ors may decide.
 The time of the commencement of this corporation shall be the d. ay of the in the 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.
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 The amount of the capital stock of this corporation shall be Ten Thousand Dollars (SIO, OO0) divided into ono hun dred shares of the par value of One Hundred Dollars ($I00) each. At such time and under such conditions as the Board of Directors shall direct, the capital stock purchased by subscribers shall be paid for either in cash or by services rend 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 lssne 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 liability to which this corporation is at any time to subject itself. either direct or contingent, shall not exceed two-thirds of it's capital stock; and the private property Of the stock olders of this corporation shall be forever exempt from the payment ot its corporate debts.
 The general nature of the business proposed to be transacted by this cor poration is to own, operate and cond uct a general drug business and drug store drug stores; to buy, sell and deal In drugs. chemicals, toilet articles, patent medicines, confectionery, bon bons, perfumeries, books and stationery. papers and periodicals, tobacco and cigars, soda waters and all other articles 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- lions and sell medicines, and conduct general drug business.
 The business affairs of this corpora tion shall be conducted by Board of Directors consisting of three members, each of whom shall be stock holder. and whenever any director ceaSes to be a stookhOlder he shall at the same time cease to be director. They shall be elected annually by the stock holders at their regular annual meeting. which shall be held at the office ot the con- pany in Nogaies, Arizona on the second Monday in January in each 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 whose names are hereto subscribed, and they shall continue to constitute the Board of Directors until the regular annual meeting of the stock olders on the second Monday Of January. 1913 A majority of the Board of Directors shall constitute quorum for the transaction of business.
 
 Within ten days after the election of any Board of Directors they shall meet at the office of the company and elect from among their number the officers of this corporation who shall be Pre- sident, Vice President, Secretary and Treasurer, ana 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 8 vote of two-thirds of the directors. Two offices may be held by the same person, and the Board of Directors shall have power to fill any vacancy existing in the board.
 These Articles of Incorporation may be altered or amended at any regular meeting of the stock holders CT aI any special meeting called for that purpose by the affirm native vote of ma ajority of the stock; and 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 stockholder either personally or in writing at least twenty days prior to the meeting at which such amendment is to be voted upon.
 IN WITNESS WHEREOF, We have here unto set our hands and seals this eigh teenth day of December, A. D., nine- teen hundred and eleven.
 JESUS SALDAMANDO. (SeaD
 FRANCESCA M DE SALDAMANDO (SeaD