The border vidette., 1924-12-20
ARTICLES OF INCORPORATION
ARIZONA BROKERS COMPANY, INC

KNOW ALI. MEN BY THESE PRESENTS:
That we. the undersigned, have this
day associated ourselves together for
the purpose of forming corporation
under and pursuant to the laws of the
State of Arizona, and for that purpose
have adopted and 10 hereby adopt the
following Articles of Incorporation.
The name OF this corporation and by
which it shall be authorized to transact
it's business is and shall be ARIZONA
BROKERS COMPANY, INC.
II
The principal place of business of this
corporation within the State OF Ari-
zona, shall be at Nogales. Santa Cruz
County, Arizona; and the corporation
may have other places Of business
either within or without the State of
Arizona and the continental limits of
the United States as the Board of Di-
rectors may determine, at any o: which
places meetings Of directors may be
held and corporate business may be
transacted.
The general nature of the business
proposed to be transacted is to carry
on, conduct and maintain a general
custom house brokerage and forward :
ing business and agency and to for
ward, import and export goods and
commodities of all kinds This cor.
poratlon shall also have the power to
acquire and undertake the good will,
property, rights and assets of every
kind. and the liabilities Of any person,
firm. association or corporation doing
business of like nature, either wholly
or partly. and pay for the same in
stock or bonds of the company or
otherwise.
The authorized amount of capital
stock of this corporation shall be Twen-
ty-five Thousand ($25,000 00) Dollars,
divided into two hundred fifty (250)
shares of the par value of One Hun.
dred ($l00O0) Dollars each At such
times as the Board of Directors may
direct, said capital stock shall be paid
into this corporation, either in cash or
by the sale and transfer to it of real or
personal property, contracts, services.
or any other valuable right or thing for
the uses and purposes of this corpora
tion, in payment for which, shares of
the capital stock of this corporation
may be issued. and the capital stock so
issued shall thereupOn and thereby be-.
come and be fully paid up and non-as-
sessable forever, and in the absence of
actual fraud in the transaction the
jud gment of the Directors as to the
value Of the property purchased or ser
vices performed, shall be conclusive.
V
The time of the commencement of
this corporation shall be the date of
the filing of its Articles of Incorpora-
ton in the Office of the Corporation
C Commission of Arizona, and certified
copy thereof recorded in the Office Of
the County Recorder OF Santa Cruz
county, and the termination thereof
shall be twenty-five years thereafter,
with the privilege OF renewal as pro-
vided by law.
The affairs of this corporation shall
be conducted by Board of Directors,
consisting of not less than three and
not more than i've mem bers, each Of
whom shall be stock holder; and
whenever q director ceases to be a
stock holder he shall at the same time
cease to be director. The directors
shall be elected annually by the stock
holders at their regular annual meet
ing which shall be held at the Office of
the company in NOgales, Arizona, on
the first Monday of October in each
year, and shall hold their office until
their successors are elected and quail
fled Until the first annual meeting of
the stockholders in October, 1925, the
following named shall constitute the
Board of Directors: