The border vidette., 1925-11-21

tainment and instruction OF all kinds;
tobacco and cigar merchants, agents
for railway and shipping companies
and carriers, theatrical, moving picture
show and box office proprietors and
entrepreneurs and general agents; to
carry on q general merchandise and
mercantile business; to carry on and
| maintain general cattle and live
stock business; to sell, breed, import.
export. improve, prepare. deal and
| trade in cattle, pigs, poultry. game and
live and dead stock OF every description
and all their by-products; to carry on
the business OF carriers of persons and
property; 10 purchase, lease, option or
otherwise dispose OF, pledge, mortgage,
| hypOthecate and deal in real estate,
| and any and all kinds of personal prop.
erty; and to construct build, operate
and maintain hotels, cottages, depOts,
stores, corrals and stock yards, houses
and warehouses; to hold. own. pur-
chase, underwrite. guarantee, contract
for, or be interested in and to sell, as
sign. pledge. hypothecate or otherwise
| dispose of or deal in the shares of cap.
| itRl stock, bonds, or other evidence OF
debt or contracts or interests issued,
created or authorized by any other
cOrpo cation or by any person, firm,
syndicate, co. partnership or aseocia-
ton, or by any nation, state. county or
| municipality or by any public Board
| or Comm ssion. aud while the holder
| OF any such shares OF stock or other in.
terest. to exercise all the rights and
| privileges OF ownership. including the
right to vote thereon to the same ex-
tent as a natural person might or could
| do; TO make. enter into, perform and
| carry out contracts OF every sort and
kind with any person. tirm, association,
| syndicate, corporation, public. private
or municipal, or any body polite or
with the government OF the United
States or any state, territory or for
eign government or any political snb
division thereof; to purchase, hold or
re issue aud sell the shares of its own
capital stock; to issue bonds, stock, or
other obligations in pay ment for prop
erty purchased or acquired by il to or
| for any other object in aud about it's
business; to mortgage or pledge any
stock, bonds or other obligations. or
any property which may be acquired
by 1t to secnre any bonds or other
obligations or contracts by it so issued.
made or incurred; and to do any and
all lawful acts or things designed to
protect, preserve. promote, develop.
| improve or enhance the value Of any
property right or things owned, held
or acquired by it. and to have and ex-
ercise any and all other powers which
natural person could have and exer.
cise. and which may now or hereafter
be authorized by law. either as or by
and through principals, agents. sttor.
neys. contractors. factors, trustees,
guarantors, lessons, lessess. or other.
wise. either alone or in conjunction
with others and in any part OF the
world.
ARTICLE III
The capital stock OF the corporation
shall be One Hundred Thousand Dollars
($100, 600 O0l. divided into one thous-
and shares of the par value of One
Hundred Dollars each. which shall be
paid in, at such times as the Board OF
Directors may designate, in cash. real
or personal property, services, leases,
options to purchase, or any othera
valuable right Or thing. for the uses
and purposes Of the corporation, and
all shares of capital stock, when issued
in exchange therefor, shall thereupon
6uO tu0E0Oy UCCOIuO 6tlO O0
the same as though paid for in cash at
par, and shall be nom -asses6able tor
ever. and the Judgment OF the direc-
tors as to the value of any property,
right or thing acquired In exchange
for capital stock shall be conclusive.
ARTICLE w
The commencement of the corpora
ton shall be the date OF the issuance to
il of q certificate OF Incorporation by
the Arizona Corporation Commission,
and it shall endure for the full term OF
twenty-five years thereafter, with the
privilege OF perpetual succession as
provided by statute.
ARTICLE v
The affairs of the corporation shall
be conducted by board of directors
| and such officers as the said directors
may elect or appoint. The number of
directors shall be designated by the
bylaws and shall he elected from
among the stock holders at their annual
| meeting to be held on the first Satur.
day of September of each year. Until
the first annual meeting OF the stock
holders and until their successors have
been elected and have qualified. the
following named persons shall be the
officers and directors: Ben G.. Hill.
president. Maebelle Hess. secretary and
| treasurer.
| ARTTNT.E VT