Nogales international., 1927-10-07
Physicians


or by the sale, transfer and as
s.gnment to the corporation Of
property, property rights of in
terests therein, real or personal,
fer the uses and purposes of the
corporation, and in payment for
which, shares of the capital stock
IF the corporation may be issued,
md such stock so issued shall
Ahereupon and thereby become
md be fully paid and non-assess-
eble and in the absence of actual
Fraud in tie transaction, the
Judgment of the board Of direc-
sors as to the value of the ser
vices rendered or property pur-
chased shall be conclusive.
ARTICLE VI.
The time of the commence
ment of this corporation shall be
the date on which a certificate of
Incorporation is issued by the
Corporation Commission of the
State of Arizona. and it shall ter
inmate twenty-five (25( years
thereafter. unless renewed and
extended by law.
ARTICLE VII.
The affairs of this corporation
shall. be conducted by board OF
not less than three nor more than
i've directors who shall be stock
holders of the corporation. Said
directors shall be elected at the
annual meeting Of the stockhold-
ers, and shall serve one year ana
Until the:r successors are elected
and qualified The annual meet
ing OF this corporation shall be
.leld at such place. time and hour
as may be prescribed by the by
laws Of the corporation. The
first Board Of Directors shall be
elected by the incorporators, who
shall serve until tlleir successors
are elected and qualified. If at
any time a vacancy in the Board
of Directors shall occur, said va.
cancy may be filed by the re-
naming members of the board in
office. The person so elected to
fill a vacancy shall serve during
the unexpired term Of his pre-
decessor, and until his successor
elected and qualified.
ARTICLE VIII.
The officers of this corporation
shall be a President. Vice-Presi-
dent, Secretary and Treasurer,
and such other officers as the
Board of Directors may deter
mine from time to time, who shall
be elected by the Board of Di-
rectors Immediately after each
annual meeting of the stockhold-
ers, and shall hold Office for one
year. and until their successors
| are elected and qualified. The
Offices of Secretary and Treasurer
may be held by the same person
In the event of a vacancy in any
Office, the Board of Directors may
fill the same, and the person sc
elected shall serve during thu
| unexpired term Of his predecessor
and until his successor is elected
and qualified. The first officer
of the corporation who shall serv
until the first annual meeting 0
the stockholders Of the corpora
, ton and until their successors ar
,, elected and qualified. shall b
! elected by the first Board of D
= rectors as soon as convenie1
after organization.
ARTICLE TX.
s.. The bylaws of this corporatio
}. shall be adopted and may
/ amended or revised by the Boar
Q Of Directors until and unle
;, otherwise provided by a resol1
O tion of the stockholders.
Vi ARTICLE X.
e The highest amount Of indeb
y edsess, or liability, direct or col
;, tingent. to which this corporate
f is at any time to subject itself
f Sixty Six Thousand Six Hundre
1, Dollars (S66.600.00l.
e ARTICLE XI.
5, The private property of Il
stockholders of this corporate
shall forever be exempt from al
.e liability for the debts of this co
n poration.
d ARTICLE XII.
ID Charles L. Hardy. of Nogale
es Arizona. who has been a bol
ID fde resident of the State of Ar
IN ona for at least three years,
al hereby appointed the lawful age
r of this corporation. for and
i'd behalf of this corporation to
Of cept and acknowledge service a