The border vidette., 1926-11-06
ARTICLES OF INCORPORATION
OF
CITIZENS INVESTMENT COMPANY.

ANOW ALL M EN- bI IN ESE FHC-
sENTs, That we, the undersigned,
having associated ourselves together
for the purpose OF forming corpora
ton under and by virtne of the laws
OF Arizona. hereby adopt the following
Articles of Incorporation:
ARTICLE /. The name of the corpor-
alton shall be: CITIZENS INVEST.
MENT COMPANY. and its principal
place of business shall be Nogales. Ari.
| zona, but other offices may be estab-
! lished and maintained within or outside
of Arizona at such places as the Board
of Directors may Designate, where
meetings of stock holders and directors
may be held.
ARTICLE II. Tho general nature of
the business proposed to be transacted
shall be as follows: To purchase. own,
hold, sell, improve, lease and otherwise
deal in real and personal property OF
every kind and character; TO buy. erect.
manage, operate, care for and main.
tain, extend and alter or otherwise &C.
| quire buildings of all descriptions, and
I the appurtenances thereof; to own. con-.
troll, use. appropriate and otherwise
acquire, water, water rights. bitches,
fumes, ditch rights. farming land and
ranches, with full power to sell, lease
or otherwise dispose OF the same; to
carry on and conduct any and all char.
acter OF farming, ranching or mercHn.
tile enterprises; to carry on the busi-
ness of growing. producing. feeding,
fattening and generally dealing IN cat
| tie and other livestock of every descrip-
tion; to own, control and operate cat
tie and livestock farms, ranches and
ranges OF every kind either within or
without the State of Arizona; to do
general real estate, insurance and
brokerage business and to act as agent,
broker and attorney n.fact for any
person or corporation; TO buy. sell.
| own, vote and otherwise control shares,
stocks and bonds of other corporations;
to draw. accept. endorse. discount, buy,
sell and deliver bills of exchange, pro-
missory notes. bonds. indentures, cou-
pons and other negotiable instruments
and securitiss; to give security and
guarantees for the payment Of money
or the performance of any obligation
or undertaking; to acquire. improve,
manage, work, develop. exercise all
rights in respect of. lease, mortgage.
sell, dispose of, turn to account and
otherwise deal with property OF all
kinds and in particular relating to
lands, buildings, business concerns,
farming, ranchipg and undertakings;
to enter into any arrangements with
any authorities municipal, local or
otherwise that may seem conducive to
the Company's objectives or any of
them and to obtain from any such gov.
ernment or authorities any rights,
privileges and concessions which the
company may think it desireable to
obtain. to carry out, exercise and COM
! ply with any such arrangements. rights.
privileges and CONCESSIONS; and this
corporation may purchase and sell it's
own stock, and may borrow and loan
money. execute notes and bonds, oper.
ate hotels, inns, restaurants, eating
houses; lease. sell, mortgage, incum-
Der and hypothecate any or all of it's
property, real and personal, and to
perform all other deeds, acts and things
business It is the intention that each
specified in each of the paragraphs OF
this second article Of this Certificate OF
Incorporation shall, except where other.
/ wise specified, be nowise limited or re-
stricted by reference to or inference
)
or of any other article in this Certifi-
cate OF Incorporation, but that the OBJ.
jects, purposes and powers specified in
this article and in each of the articles
or paragraphs OF this Certificate shall
be regarded as independent objects.
purposes and powers. and the enumera-
ton of specific purposes and powers
shall not be construed to restrict in
any manner the general terms and
powers of this Corporation, nor shall
the expression of one thing be deemed
to exclude another, although it be OF
| like nature.
ARTICLE III The authorized capital
| stock of the corporation shall be Five
Hundred Thousand Dollars $500, ,000.-
| OO), divided into Five Thousand $4,000.
| shares of the par value of One Hun
dred Dollars ($l00 COY each, which shall
be paid for at such times and in such
| manner as the Board of Directors may
designate. All or any portion of the
apital stock may be issued in payment
| for real or personal property, services,