Nogales international., 1927-11-18
LEGAL NOTICE
AMENDED ARTICLES OF IN
CORPORATION

Ut
PACIFIC FINANCE CORPORA
TION
Know All Men By These Presents
That we, the undersigned, {
majority Of whom are citizens ane
residents of the State of Califor
MA, have this day voluntarily as
sociated ourselves together for tht
purpose of forming corporation
underethe laws of the state Of Cal
ifornia, and we hereby certify.
FIRST
That the name of the said cor
poration shall be "PACIFIC FIN
ANCE CORPORATION"
SECOND
That the purposes for which it il
formed are:
(1st). To own, buy, or other
wise acquire, hold, manage, sub.
divide, convey, lease, sell, mort
gage, hypothecate, bonu, dispose
of and deal in real property with
in the state of California or else
where, for any Of the purposes
set forth herein, or in any way re-
lated thereto:
(2nd). To own, buy, Or other
wise acquire, hold, manage, con-
vey, lease, sell, mortgage, hypo-
thecate bond. dispose of and deal
in personal property within the
state Of California Or elsewhere,
including franchises for any OF
the purposes set forth herein or in
any way related thereto;
(3rd). To issue bonds secur-
ed by mortgage or otherwise, upon
any of its property or properties
or to execute deeds of trust con-
veying its property or any part
thereof to a Trustee or Trustees
and to transact such other bust
ness in and about the premises. as
the Board of Directors of this cor
roration shall deem necessary OF
PROPER for any or all of the pur.
poses set forth in these Articles
of Incorporation.
(4th) To purchase, own, hold
sell. MORTGAGE. lease, rent, assign
transfer and hypothecate real anG
personal rropertv. bonds. causes
in action. capital stock of othe,
corDorations and all classes OF
evidence of Indebtedness.
THIRD
That the place where the prin.
clpai business Of said corporation
Is to be transacted is in the Citv Oh
Los Angeles, in the County OF
Los Angeles, State of California.
FOURTH
That the term for which sale
corporation is to exist is fifty (5O)
years from and after the date Of
it's incorporation.
FIFTH
That the number of Director:
of said corporation shall be fifteer
(15), and that the names and resi-
dences Of those appointed for tn,
first year and to serve until &
Board of Directors is selected b,
the stockholders, are:
Names Whose Residence Il
S. F. McClung, Los Angeles. Cal
R. S. Hoagiand. Los Angeles, Cal
Douglas E. C. Moore.
Los Angeles, Calf
p. J. Winnings, Los Angeles, Calf
Blake Franklin, Glendale, Calf
w. c. Green. Los Angeles, Calf
r. c. Potter, Los Angeles, Calf
J. W. Shaffer, Pasadena. Calf
p. L. Lawrence, Glendale, Calf
E. W. Fuller, Los Angeles, Calf
b. L. FredenBur,
Los Angeles, Calf
b. Mcclure, Los Angeles. Calf
B. A. n. Grant, So. Pasadena. Cal
A. s. Nickerson, Los Angeles. Cal
! M. W. Mcleod, Los Angeles, Calf
SIXTH
That the amount of the CAPITA
stock OF the corporation is Eigh
Million Dollars ($8,OOO,O0O) di
vlded into Eighty Thousand go,
OOO) shares OF the par value O.
One Hundred Dollars ($10U.OO,
each; of such total capital stock
Forty Thousand (40,000) share
amounting to Four Million Dol
lars ($4,O0O,O0O) par value ar,
and shall be preferred stock, an,
Forty Thousand (40,OOO) share
amounting to Four Million Dollar
| ($4,O00,0Oe) par value are an,
shall be common stock.
Of the preferred stock, Twent,
thou Two Million Dollars $4,000,
0OO) par value shall be known a
Series A" and Ten thousan,
(1O,0O0) shares amounting t.
One Million Dollars ($1,0O0,OOO
par value shall be known a
"Series B" and Ten Thousan
(10,000) shares amounting to On
Million Dollars ($1,C00,0OO) pa
value shall be known as "Serie
C". There shall be no distinc
ton or preference between "Serie
A." "Series B." and Series C" o
the preferred stock, except as fol
lows: The stock of "Seriss B
may be redeemed by the corpora
ton at any Dividend date afte
November /, 1927, by paying t
the holder of such preferred stoc
the par value of such preferre
stock anc such further amount a
together with the dividends there
tofore paid upon such preferre
stock. shall be equal to eight pc
cent 1917 per. annum from tn
date Of the issue thereof, and
premium of five percent (5%D o
the par value Of such preferre
stock. A written notice of sue
redemption shall be given to eac
holder of record of the stock s