Nogales international., 1928-10-16

OF Directors as to The value OF
such services, real or personal
property, stocks, bonds, evidence
Of indebtedness or other things
Of value, shall be conclusive, and
the capital stock Of this corpora
ton so issued shall thereupon
and thereby become and be fully
paid up and forever non-asses-
sable. al
ARTICLE VI.
The time of the commencement
Ct this corporation shall be the
late on which the certificate of
Incorporation shall be delivered to
said corporation by the Arizona
Corporation Commission, and the
termination thereof shall be twen-
ty five years thereafter, with the
privileges of renewal as by law
provided.
ARTICLE VII.
The affairs .of this corporation
shall be conducted by Board of
Directors of not less than three
49, members and not more@than
sever (7) members, and of such
officers IS the Board Of Directors
may elect or appoints and until
nrov sion shall be made otherwise
by the bylaws to be adopted by
this corporation, the number of the
Board of Directors shall be three
l3). The following named persons
shall constitute and be the Boar2
of Directo for the first corpor-
ate year and until their successors
are elected and have qualified:
James w. Manson
Frank M. Manson
+. Mexia
Hereafter the Board of Direct
ors shall be elected from, among
the stockholders of the corpora
ton at the regular annual meet
ing of the stockholders to be held
on the second Tuesday of Sep
tember of each year, beginning
with the year 1929. The officers
Of the corporation shall consist Of
President, a Vice-President. q
Secretary and Treasurer. The
offices of Secretary and Treasurer
NAV be held by the same person.
Until officers are elected in &C
cordance with the provisions of
the bylaws adopted by this cor
poration. the following shall be
the officers Of the corporation:
James w. Manson President
and Treasurer
F. Mex.a Vice-President
Frank M. Manson Secretary
Said officers shall hold their
respective offices until their sue
cessors are elected and have quail
fled.
ARTICLE VIII.
M. C. Little, Of Nogales, Ari-
zona, who has been a bona fide
resident of the State of Arizona
for at least three (S) years last
past, is hereby appointed Statu-
tory Agent of this corporation,
upon whom all notices and pro-
cesses, including the service OF
summons, may be served. and
when so served shall be deemed.
taken and held to be lawful per-
eonal service upon this corpora
ton, provided, however, that the
Board of Directors may revoke
this appointment of Agent at any
time, and shall have the power
to fill any vacancy created by
said revocation or by the death
or resignation of said Agent.
ARTICLE TX.
The Board of Directors shall
have the power to adopt and
amend bylaws for the govern
ment of this corporation.
ARTICLE x.
The highest amount Of indebt-
edness or liability, direct or COM
tingent, to which this corporation
shall be subject at any one time,
shall not exceed One Hundred
Thousand ($100, 0,000.00) Dollars.
ARTICLE XI.
The stockholders, officers and
members of this corporation and
their private property shall he
exempt from any liability for the
debts of this corporation.
ARTICLE XII.
At anv annual meeting of the
stockholders, or at any special
meet 'ng of the stockholders cal
led for the purpose, these artlc-
les of Incorporation may be a.
mended by the affirmative vote
cf q majority of the shares issued
and outstanding, upon notice CIV
en- as by law required
IN WITNESS f, WHEREOF we
have hereunto set our hands TINS
9th day of September: 1928.
~ James w. Manson
Frank NJ. Manson
F.. Mexia
STATE OF ARIZONA =,
nnr1NTY OF SANTA CRUZ