The border vidette., 1913-04-26

principal place or business snail De at the Town of Nogales, in the County Of Santa Cruz, State of Arizona, and 1t may have branch offices at such points within the United States and foreign country adjacent thereto, as the Board of Directors may from time to time de- { signate or establish, and it may lawful " hold meetings of it's Board of Direct ors and transact the business of the corporation at any such branch office or offices.
 Nature of Business:
 The general nature of the business proposed to be transacted by said cor , poration shall be as follows: Buying, | selling and dealing in all kinds and classes of automobiles and in all kinds l and classes of automobile supplies, oils, | gasolines, etc Buying. selling and dealing in real estate, receiving and conveying good and sufficient titles to the same. Buying. selling and dealing in all kinds of machinery. engines, pumps, well boring machinery and sup | plies, mining and farming machinery | and supplies Buying, selling and dealing in all kinds of contractors | and builders supplies, and to engage in the business of buying and selling all | kinds of merchandise, of whatever nature. To purchase, sell or otherwise | acquire, lands buildings and improve l ments, or otherwise acquire or to own 1 or to hold control of the stocks, bonds | or OGD6r Ol any oO6Ci OOl- poration engaged in or hereafter form l ed for the purpose of engaging in or | carrying on any like business, either in | the United States or in any adjoining | country. In buying and selling and | ealing in any and all kinds of gas and | electric appliances and fixtures To loan money and to take as security for | any such loans. notes and bonds mort I gages, deeds of trust, or other evid- ences of debt. or security of every kind 1 . 1No hnr QT5H fN ! incur indebtedness and to secure the payment thereof by notes, bonds, mort gages. deeds of trust or collateral. To procure loans and to bond, mortgage or hypothecate any or all of it's prop erty, to secure such loans and lndebt- dness, and generally to d o and per 1 form every act or thing for the carry
 ing on of such business.
 ".
 Capital Stock:
 The amount of the capital stock of
 this corporation shall be Fifty Thous-
 and $50 900. O0- Dollars. divided into | Fifty Thousand 50. 000- shares, of the
 par value of One -$l O0- Dollar each
 The said stock may be issued for sub scription in cash, or in consideration
 of other property, real or personal, or
 of services rendered. The time when
 such subscriptions shall be paid in, or
 the transfer of other property made, shall be at the time Of the issuance of
 the certificate of stock, and shall be | determined by resolution of the Board of Directors. The issuance of said stock for cash or for real or personal prop lersy, or for services rendered in lieu of
 such cash and the determination or
 judgment of the Board of Directors on
 such property, real or personal, or of : such services shall be conclusive. The corporation may retain any portion of
 said stock in it's treasury, ana may sell or contract to sell same by vote of the l majority of the Board of Directors, or } in such manner as it's bylaws may ] provide.
 , Time of Commencement: 2 2 The time of the commencement oi | this corporation shall be the date of the l filing of the Articles of Incorporation 1 with the State Corporation Com mis- , sion. of the State of Arizona, and its termin ation shall be 25 years, there. after.
 l Indebtedness:
 } The highest amount of indebtedn ness , or liability, direct or contingent, tC which this corporation is at any time
 to subject itself or be subjected, is the = sum of Thirty Thousand -S30, GOO 00- l Dollars.
 Private Property of Stockholders:
 The private property of the stock
 
 exempt from the corporate debts of thli - corporation.
 t Business of Corporation:
 The affairs of this corporation shal
 be conducted by a Board of Directors
 consisting of three members, who shal , be elected annually at the annual meet . U ing of the stock holders, and shall holC U their offices for the term of one year D or until their successors are elected J and qualified. The annual meeting O
 the stockholders of this corporation !" shall be held in the town of Nogales ; on the third Monday in June. of eacl U year, commencing with the year 1913 . Special meetings of the stock hOlder u may be held at any time. ten days no
 tice to be given by the president anC
 secretary. At all meetings of the stock
 holders, any stockholder may vote il
 person or by proxy, appointed in writ
 ing. Until the first annual meeting
 the following named persons shall con
 hold their office until their successor
 Karns and M. I. Karns. , K
 u Officers or Corporation: "a The officers of this corporation shal ,- be. a President, Vice President, Secre "a tary and Treasurer, and such other Ol ,S fcers as the Board of Directors ma r from time to time designate. Any per
 son may hold any two of said offices
 except those of President and Vic
 Sroh nff shall Ina a1pf.t