Nogales international., 1927-02-06

gage on otherwise upon all or any
part of the property OF the cor
porat-on; to purchase. acquire,
hold, sell and dispose Of the stock,
bonds or other evidences Of lndeb-
tedness OF any corporation, DOM
estic or foreign. and to issue and
exchange therefor its stocks. bonds
or other obligations.
Without in any particular limit
ing any Of the objects, or pur-
poses or powers Of the corpora
ton, the Business or purposes OF
the corporation shall be from time
to time to do any one or more or
all of the acts and things herein
set forth, and all such other acts,
things and business or businesses
in any manner connected there
with. or necessary Incidental, con-
qenient or auxiliary thereto, or
calculated directly or indirectly to
promote the interests OK the cor
oration or enhance the value OF
tr render profitable any Of its
property or rights, as such q cor
poration may lawfully do; and in
carrying on its business, or for the
purpose of attaining or furthering
any Of it's objects, to do any and
all acts and things, and to exercise
any and all other powers which
ro-partnership or natural person
could do and exercise, and which
now or hereafter may be author
lied by law, and either as, or by
and through principals, agents, at
torneys, trustees, contractors,
factors. lessons, lessees, or other
wise, either alone or in conjunc-
ton with others and in any part Of
the world; and in addition to have
and to exercise all the rights, pow
ers and privileges now or hereaft-
er belonging to or conferred upon
corporat' 'ons organized under the
provisions of the law authorizingI
the formation of such corpora
tions.
ARTICLE v.
The authorized amount Of the
capital stock of this corporation
shall be Twenty Five Thousand
s25,000.0O) Dollars, divided into
twenty-five hundred (2500) shares
of the par value of Ten {$10.00)
Dollars 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
corporation of property, property
rights or interests therein, real OF
personal. for the uses and pur'
poses of the corporation, and II
pavment for which. shares Of the
capital stock Of the corporation
NAV be issued, and such stock SC
issued shall thereupon and thereby
Ibecome and be fully paid up ane
worcestershire. and in the absence
of actual fraud in the transaction
1.-The Judgment of the Board Of
directors as to the value of the
services rendered or property pur
chased shall be conclusive.
ARTICLE VI.
! The time Of the commencement
of this corporation shall be th'
date of the filing of its articles
with the Corporation Commission
Iof the State of Arizona and th'
lrecording of same in the office Of
1.-THE County Recorder of Santt
Cruz County, Arizona, and thu
termination thereof shall be TWEEN
|ty-five years thereafter. with th'
fright in the corporation to renew
it's charter for an additional per
liod of twenty-five years as nov
provided by law.
ARTICLE VII.
The management and conduct 0.
1.-THE business, property and affair
lof the corporation shall be Veste'
| in and conducted by a board O
directors of not less than thre
l(3) nor more than seven 90 per
sons, and all directors, except il
case of vacancies, shall be electe'
at the annual meeting Of stock
holders, except the first board
which is chosen as in these article
hereinafter set forth. The Of
Ulcers Of the company shall con
Isist of a President, Vice-President
lSecretary and Treasurer, and sue
other officers as the Board o
directors shall deem expedien'
and all shall be elected or appoint
! ed by the Board Of Directors. An,
two or more offices, the duties o
incumbent Of which are not incon
sistent, may be held by the sam
person. Both the officers and di
lrectors shall hold their offices 70
the period of one year from an
after election and qualification an
until their successors are electe'
land qualified, unless removed b,
1.-THE board. The directors shal
have the right to fill any vacanc.
occurring in the board by dealt
resignation, or otherwise, and th,
person or persons elected to I'll
any such vacancy or vacancie
shall hold his office until the mex
Irregular meeting Of stockholders.
| ARTICLE VIII.
| The regular annual meeting O
1.-THE stockholders shall be held a
1.-The principal office Of the corpora
II CONT AT !