Nogales international. [volume] (Nogales, Ariz.) 1926-1979, 1926-09-26
Page Five

the par value of One Hundred
($1OO.00) Dollars each. At such
times as the Board of Directors
may by resolution 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, con-
tracts, services or any valuable
right or thing for the use and
purposes of said Corporation, 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 become and be fully
pad up and worcestershire for
ever, and in the absence Of ac-
tual fraud in the transaction the
judgment of the Directors as to
the value of the property pur-
chased shall be conclusive.
Article v. The time Of the
commencement of this Corpora
ton shall be the date Of the III
ing of certified copy Of these
Articles of Incorporation in the
office of the Arizona Corpora
ton Commission, and the ter
mination thereof shall be twenty
five years thereafter, with the
privilege Of renewal as provided
by law.
Article vi. The affairs Of this
Corporation shall be conducted
by Board of not less than three
nor more than seven Directors.
and such officers as the Direc-
tors may elect or appoint, and
the following named shall con-
stitute the Board of Directors
until their successors have been
elected and have qualified: Maria
no Puchi. Juan B. Puchi, Eduardo
Puchi, Jose Puchi, and Miss
Maria Guadalupe Puchi, all Of
Nogales. Arizona. Thereafter the
Board of Directors shall be cleo
ted from among the stockhold-
ers at the annual stockholders
meeting to be held on the third
Monday Of January Of each year.
The names of the officers who
shall have charge Of the cor
porate affairs are a president and
treasurer. vice-president, second
ice-president, and a secretary,
and said Mariana Puchi shall be
President and Treasurer. and the
said Juan B. Puchi shall be Vice
President, said Eduardo Puchi
shall be second Vice-President and
said Jose Puchi shall be Secre-
tarv until their successors are
elected and qualified.
Article VII. The Board Of
Directors shall have power to
adopt and amend bylaws for the
government of the Corporation,
70 fill vacancies occurring In tbs
Board for any cause, and to APP
point an Executive Committee
and vest said Committee with
such powers as they may deter
mine.
Article VIII. The highest
amount of indebtedness or lia-
tilitv direct or contingent, TO
which this Corporation is to SUBJ
iect itself at any one time shall
be Forty Thousand ($40,0O0.00)
Dollars.
Article TX. The private pro-
pertv Of the stockholders and
directors and officers Of this Cor
noration shall be exempt from
all corporate debts of any kind
whatsoever.
Article x Mariana Puchi, Of
Nogales. Arizona, who is and has
been a bona fide resident Of the
State of Arizona for at least three
years. IS appointed the agent Of
this Corporation upon whom all
notices and process. including ser
vice of summons. may be served.
Article XII. The names Of the
corporators are Mariana Puchi.
Juan B. Puchi and Eduardo
Puchi, all Of whose residences and
most office addresses are Nogales.
Arizona.
IN WITNESS WHEREOF, we
have bereunto set our hands and
seals this first day Of September,
1926.
MARIANA PUCHI (SEAL)
JUAN B. PUCHI (SEAL)
EDUARDO PUCHI (SEAE)
STATE OF ARIZONA,
County of Santa Cruz.-ss.
The foregoing instrument was
acknowledged before me this 1st
day of September, A. D. 1925.
by Mariana Puchi. Juan B. Puchi
and Eduardo Puchi.
| (SEAL) JAMES v. ROBINS
Notary Public
Ny commission expires May 10.
1929.
ENDORSEMENT
| ARIZONA -. CORPORATION
!, COMMISSION, Incorporating De-
nartment. filed Sept. 2, 1925 at
1000 A. M. at request Of Duffy
land Robins, whose address is No
gales, Arizona.
i r J. X. Mcbride
I Secretary
By Alice Jane Kelly
~ fO-T0 al