The border vidette., 1920-07-31

KNOW ALL MEN BY THESE PRESENTS:
 being desrous of forming q corporation under the laws of the State of Arizons. have this int9 body thes aad GG make M tion and do hereby certify:
 The name of this corporation and by which n s fhf T Ra ' it5
 The names of the incorporators together with their residence and P4st Office address, are J. gales, Arizona and A. R. Beam. Nogales. Ari- zona. The principal office or place of business Cruz County. Arizona, but branch offices may be esta bllshed and maintained in such other foreign countries 8 the Board of Directors poEate @eeainss may be heid and Corporate business may be transacted.
 III
 The time of the commencement of this cor poration shall be the day or the tne aEing 2t Its its Arizona Corporation Commission, and a cer Recorder of Santa Cruz County, Arizona. aud the termination thereof shall be twenty-five Ee2eed or be dissolved before that t,me by majority vote of it's members or by operation of law.
 The general nature of the business proposed to be transacted by this corporation is to carry on and conduct a general brokerage and com mission business and in the conduct of said business to handle and deal in all articles and brokers. agents or commission merchants; to 9n and aad to tEaf end buy se des in and handle any and all commodities of any and cive to the successful conduct of sald busi- ness: to manufacture, buy, sell, deal in and kind and description including brick. tile, glass, stone. iron and steel, nails lime and cement, etc; to manufacture, buy sell, deal in, handle and dispose of mining machinery, mer- chandise and bs ana H 1G 6pi1 eRa epeT reduction works for the reduction of ores; to purpose to locate. buy, bond, acquire. hold, own, lease, possess. operate, or sell or otherwise dispose of mines, or mining claims, or proper other kinds of minerals and mineral lands, oil of their products; to buy, sell, own. deal in, mortgage and hyPothecate real estate; lncInd. property, lands, ranches and grazing lands; to inventions; to purchase. hold, own, csntrol and deal in it's own and the shares and pro to borrow money and to execute notes. bonds. mortgages or deeds of trust to secure the re, payment of the same; and generally to do all things incident or necessary or convenient to perform each and every act and thing which is lawful for natural persons to do, all of which places either in the United States 1o or foreign countries as the Board of Directors may deter mine to be for the best interest of the cor Poratiop,
 The capital stock of this corporation shall be Twenty-Five IhOuSand Dollars, NS20,OOO). divided into five hundred shares, (5OOl of the par value of Fifty Dollars tS50 OO) per share. At such time and under such condl- tions as the Board of Directors may determine subscriptions to the capital stock shall be paid for either in cash or by the sale and transfer to the corporation of real or personal property for the uses and purposes of the corporation, for which shares of the capital stock shall be issued, and said stock, when issued, shall be fully paid and -assessable. The capital stock may be increased or decreased by an affirmative vote of majority of the stOckhold- ers; but in of the increase of the capital stock each shareh older shall have the privilege of snbscri ibng for such number of shares of the proposed increase as be may be entitled to according to the number of shares held by him before such increase.
 The higheat amount of indebtedness or Ha- bility. either direct contingent, to which this corporation g at any time to subject itself, shall not exceed twO-thIrds Of the amount of its ca pitzlI stock; and the private property of the stockholders of this corporation shall be exempt from the payment of corporate debts.
 The business affairs of this corporation shall be cond ucteG by q Board of Directors consist ing of not less than three nor more than hVe mem beFs. each of whom shall be stockholder; and whenever any director shall cease to be a stockholder he shall st the same time cease to