Nogales international., 1928-12-04

etables, fruits and farm product:
Of any and all kinds whatsoever:
To do general marketing, brok-
erage, commission, forwarding. ex-
porting and importing business
! o act as custom house broker, to
do general business as a COM
mission merchan: and to carry on
snd to undertake any business
sransa ton or operation commonly
earried on CT undertaken by GUS
lom house brokers, comnlissicn
men, factors. importers, exporters,
manufacturers agents, and in the
course of such business 20 draw,
accept, endorse, acquire, buy end
ell all or any negotiable, TRANS
fefable Instruments and securi-
lies: To borrow and lend money
To make and perform contracts;
% purchase, lease or otherwise a.
quire, own, exchange, sell, or dis
pose of, pledge, mortgage, hy-
pothecate ard deal in, real estate
snv and all kinds of personal pro-
reTty of any person, firm, associa-
ton or corporation, and paw for
The same in cash or stock, bonds
or OBLIGATIONS of this corporation,
or otherwise.
To issue bonds, notes, debentures
or other forms of corporate obli-
gations and to sell, pledge or by
pot ecate the same and to sc ure
tie payment thereof by mortgage,
pledge or otherwise upon al or
sany part of the property of the
corporation; to purchase, acquire,
sold, sell and dispose of the stock,
i'onds or other evidence Of indebt-
edness of any corporation, domes-
tic or foreign, and to issue and ex-
change therefor it's stocks, bonds
or other obligations.
Without in any particular limit
ing of any of the obje is or pur-
poses or powers of the corporation,
the business or purposes of the cor
poration shall be from time to
time to do any one or more or
all of the acts and things therein
>et forth, and al such other acts,
things and business or businesses
in any manner connected there
with, or necessary incidental, con-
venien* or auxiliary thereto. or
cal 'ulated directly or indirectly to
promote the interests of the cor
oration or enhance the value of
or render profitable any of it's
properly or rights, such a corpora
ton may lawfully do; and in carry
ing on its business, or for the pur-
pose of attaining or furthering any
Of its objects, to do any and ali
acts and things, and to exercise
any and all other powers which a
co-partnership Or natural person
could do and exercise, and which
now or hereafter may be authorized
by law and either as or by and
through principals, agents, attorn-
eys, trustees contractors, factors,
lessons, lessees, or otherwise. either
alone or in conjunction with others
and in any part of the world; and
IN addition to have and to exer-
else a.! the rights, powers and
privileges now or hereafter belong
ing to or conferred upon corpora,
tions organized under the provis
ions of the law authorizing the
formation of such corporations.
ARTICLE v.
The total authorized capital
sock of this corporation shall be
tif*y thousand ($50,0OO.OO) Dol
'ars, divided into two hundred
ilfty (250) shares of preferred
stock of the par value C one hun.
cred and no 400 ($100.00) Dollars
each, and twenty-five thousand
rs, ,COO) shares of common stock
OF the par value of one (S1.0O)
Lollar ca h, and said stock shall
be issued fully paid and non-asses
sable at such time and in such
manner as the Board of Directors
may determine in exchange fol
cash, property, service or o4he]
valuable right or thing, and 477f
Judgement Of the Board of Direc
tors as to the value Of su,h pro
berty, service, right or thing shall
IN the absence of fraud, be con
elusive.
The holders of the preferred
stock shall be entitled to cumul a
tive dividends thereon at the rat,
of eioht ($8.00) Dollars per share
~ eight per centum of the amour
OR par value for each and ever,
t'gcal year of the life of the cor
poration and no more, payable ou
Of anv a~d all surplus or net pro
fits, quarterly, half-yearlv or year
", as w hen declared b,
) N e Borad of Direct tors
b fore any divid n d
el.all be declared, set apart for, o
paid upon the common stock o
fhn cornoration Said diu;donJe y,