The border vidette., 1926-03-20

organization TO WnlCn the corporation
may belong or be 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 man.
ayers, coaches. players, nmpires, scOr-
ers and other persons and baggage and
equipment Of sll 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 any 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
,, render profitable any Of its property or
rights, as 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-
Iercise any and all other powers which
q 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 copjunc-
| tion with others and in any part of the
az ~ nd fNh nd f<,
Eexercise all the rights, powers and
| to or conferred upon corporations Or
ganlzed 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 1850 900 00) Dollars, divided
| into fifty thousand (50 0O0) shares
of the par value ct One Isl COY 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,
]sfor 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.
izaARTlCLE 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
Office Of the County Recorder of Santa
Cruz County, Arizona. and the termi-
| nation thereof shall be twenty five
/ years thereafter, with the right 10 the
|corporation to renew it's charter for an
additional period OF twenty. five years
as now provided by law.
ARTICLE VII
). The management and conduct of the
BUSINESS, property and affairs of the
corporation shall be vested in and con-
Quoted by, 9 Board of Directors of seven
! (7l persons, and all directors, except in
case of vacancies, shall be elected at
| the annual meeting of stock holders,
except the FIRST board, which is chosen
/ as in tt ese articles hereinafter set
forth, The officers OF the company
5shall consist of President. Vice. Pre-
sident, Secretary and Treasurer, and
such other officers as the Board of Di-
! rectors shall deem expedient, and all
| shall be elected or appointed by the
Board of Directors. Any two or more
offices, the duties of the incumb bent 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 bonrd. The di-
rectors shall have the right to ill any
vacancy occurring in the board by
Edeath, 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 Ht the prin-
cipal Office of the company ON the third
Monday In February of each year.
commencing with the year 1927.
| ARTICLE TX
The incorporstors shall name the per.
sons who shall constitute the first
| Board of Directors and when go select
| ed by the incorporators said members
Of the board shall servesuntil the first
| annual stock hold ers' meeting and until
| their successors are elected and quail
! ified.'
ARTICLE x
The Board of Directors shall have the
power to make and alter the by y.laws of
| the corporation; to fix the amount to
be reserved as working capital, and to
authorize and cause 10 be executed
mortgages, debentures and other oblig-
! ations which shall be liens upon the
pr operty and franchises of the corpora.
| ton, and, in general to exercise all the
powers and authority of the company