The border vidette., 1926-04-03

organization to which the corporation
may belong or be q member OF or in
which 1t may have or be interested in
a franchise, or to or from any city or
town where the corporation furnishes
exhibitions, entertainments or amuse.
ments, actors. musicians, baseball nun.
| ayers, coaches, players. umpires, scor-
ers and other persons and baggage and
equipment of all kinds and descriptions
| by means of automobiles, vehicles or
otherwise.
(g) Without in any particular limit
ing any OF the objects, or purposes or
| powers of the corporation, the business
| or purposes Of the company shall be
| from time to time to do nny one or
| more or all of the acts and things here
| in set forth, and all such other acts,
things and business or businesses in any
manner connected Herewith, or neces.
sary. incidental. convenient or auxiliary
| thereto. or calculated directly or in
directly to promote the interests of the
| corporation or enhance the value OF or
i, render profitable any OF it's property or
| rights, Us such corporation may law
fully do; and in carrying on its busi-
! ness, Or for the purpose of attaining
! or furthering any of its objects, to do
| any and all acts and things, and to ex-
ercise any and all other powers which
co partnership or natural person
could do and exercise, and which now
or hereafter may be authorized by
law, and either as, or by and through
! principals, agents, attorneys. trustees,
contractors, factors, lessons, lessees. or
otherwise, either alone or in conjunc-
| tion with others and in any par. Of the
world; and in addition TO have and to
exercise all the rights. powers and
! privileges now or hereafter belonging
to or conferred upon corporations orr
ganized under the provisions OF the
law authorizing the formation of such
corporations.
ARTICLE v
The authorized amount OF tie capital
stock of this corporation shall be Fifty
Thousand $3.50 600 O0) Dollars, divided
into City thousand $50 0O0) shares
of the par value OF One Isl O0) Dollar
each Upon subscription therefor said
capital stock shall be paid into the
corporation in such manner and upon
such terms as the board of directors
may fix in cash. services, or by the
| sale, transfer and assignment to the cor.
poration OF property, property rights
| or interests therein. real or PERSONAL,
for the uses and purposes OF the COR
| pOration, and in payment for which.
shares of the capital stock of the cor
poration may be issued, and such stock
so issued shall thereupon and thereby
become and be fully paid up and nom
assessable. and In the absence of actual
fraud in the transaction, the judgment
of the board of directors as to the value
OF the services rendered or property
purchased shall be conclusive.
ARTICLE VI
The time OF the commencement of
this corporation shall be the date OF the
fling Of its articles with the Corpora
tion Commission OF the State OF Ari
zona and the recording of same in the
Office of the County Recorder of Santa
Cruz County, Arizona, and the termi-
nation thereof shall be twenty-five
years thereafter. with the right in the
corporation to renew its charter for an
additional period of twenty five years
as now provided by law.
i ARTICLE VII
The management and conduct of the
business, property and affairs of the
corporation shall be vested in and con-
l.ducted by Board OF Directors of seven
l(7) persons, and all directors, except in
case of vacancies, shall be elected at
the annual meeting OF. stock holders,
exceptthe first board. which is chosen
as in these articles hereinafter set
forth. The officers OF the company
shall consist of President. Vice.Pre-
sideat, Secretary and Treasurer, and
such other officers as the Board of Di-
| hi
shall be elected or appointed by the
Board OF Directors. Any two or more
Offices, the duties of the incumbent OF
which are not inconsistent, may be held
by the same person. Both the officers
and directors shall hold their offices for
the period of one year from and after
election and qualification and until their
successors are elected aud qualified;
unless removed by the board. The di-
rectors shall have the right to ill any
vacancy occurring in the board by
death, resignation, or otherwise. and
the person or persons elected to fill any
such vacancy or vacancies shall hold
his Office until the next regular meeting
Of stock holders.
ARTICLE VIII
The regular annual meeting of the
stock holders shall be held at the prin-
cipal Office Of the company on the third
Monday in February of each year,
commencing with the year 1927.
ARTICLE TX
The incorporators shall name the per.
sons who shall constitute the first
Board of Directors and when 80 select
ed by the incorporators said members
of the board shall serve until the first
annual stockholders meeting and until
their successors are elected and quail
flied
ARTICLE x
The Board Of Directors shall have the
power to make apd alter the bylaws of
the corporation; to fix the amount to
be reserved as working capital, and to
authorize and cause to be executed
mortgages, debentures and other oblig-
ations which shall be liens upon the
property and franchises of the corpora
ton, and, in general to exercise all the