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


/ PACIFIC FINANCE CORPORA
IlON
Know All Men by These Presents
That we, the undersigned,
majority OF whom are citizens an
residents Of She State of Califol
ma, have this day voluntarily a.
sociated ourselves together for tn
purpose of forming corporatio
under the laws Of the state of Ca
ifornia, and we hereby certify.
FIRST
That the name of the said col
poration shall be "PACIFIC FIN
ANCE CORPORATION"
SECOND
That the purposes Tor which it
formed are:
(1st). To own, buy, or other
wise acquire, hold, manage, sub
divide, convey, lease, sell, mort
gage, hypothecate, bond, dispos
OF and deal in real property with
in the state of California or else
where, for any of the purpose
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 dea
in personal property within tn,
state of California or elsewhere
including franchises for any o.
the purposes set forth herein or i,
any way related thereto;
(3rd). To issue bonds secur
ed by mortgage or otherwise, upo,
any of its property or properties
| or to. execute deeds of trust con
veying it's property or any par
thereof to a Trustee or Trustees
md to transact such other bust
ness in and about the premises a.
the Board of Directors of this cor
noration shall deem necessary o.
rroper for any or all of the pur
roses set forth in these Article.
of Incorporation.
(4th) To purchase. own, hold
sell. mortgage. lease. rent. assign
transfer and hypothecate real ant
personal PROPERTY, bonds. causes
in action. capita1 stock of othe,
corporations and all classes O.
evidence Of indebtedness.
THIRD
That the place where the prin
clpal business of said corporatio,
is TO be transacted is in the Citv o,
Los Angeles, in the County 0.
Los Angeles, State of California.
FOURTH
That the term for which sait
corporation is to exist is fifty $50,
years from and after the date O.
its incorporation.
FIFTH
+ That the number of Director
Of said corporation shall be fiftee,
(l5), and that the names and resi-
dences of those appointed for tn,
first year and to serve until F.;
Board of Directors is selected b,
the stockholders, are:
Names Whose Residence I,
s. F. McClung, Los Angeles. Cal
K. S. Hoagland, Los Angeles, Cal
Douglas E. c. Moore,
Los Angeles, Calf
Z; J. Winnings, Los Angeles, Calf
Blake Franklin, Glendale, Calf
W. {. Green. Los Angeles, Calf
E. G. Potter, Los Angeles, Calf
): W. Shaffer, Pasadena, Calf
z. L: Lawrence, Glendale, Calf
z. W. Fuller, Los Angeles. Calf
B. L. FredenBur,
Los Angeles. Calf
B. Mcclure, Los Angeles Calf
b. A, n. Grant, So. Pasadena. Cal
A: 5. Nickerson, Los Angeles, Cal
M. w. Mcleod, Los Angeles, Calf
Ihat the amount Of the capita
stock OF the corporation is Eighl
Million Dollars N($8,OOO,O0O) di
vided into Eighty Thousand 49,.
OOO) shares of the par value o.
One Hundred Dollars (S1OU.OO)
each; of such total capital stock
Forty Thousand (4O,OOO) share.
amounting to Four Million Dol
lars ($4,000,O00) par value are
and shall be preferred stock, ant
Forty Thousand (4O,OO0) share.
amounting to Four Million Dollar:
(S4,0O0,OOO) par value are ant
! shall be common stock.
Of the preferred stock, Twent,
thou Two Million Dollars $4,000,
OOO) par value shall be known a.
Series Az and Ten thousane
(1O,0OO) shares amounting t.
One Million Dollars ($1,0OO,OO0)
par value shall be known a.
.Series .B1' and Ten Thousant
(1O,000) shares amounting to On,
Million Dollars ($1,CO0,OOO) pa
value shall be known as "Serie
C". There shall be no distinc
ton Or preference between "Seriet
A." "Series B." and Series C' o:
the preferred stock, except as fol
lows: The stock of "Series b
may be redeemed by the corpora
ton at any Dividend date aftel
November 1, 1927, by paying t.
tie holder of such preferred stool
the par value of such preferred
stock and such further amount a
together with the dividends there
tofore paid upon such preferred
stock, shall be equal to eight pc
cent (8R) 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 sucl
redemption shall be given to eacl