Nogales international., 1928-10-05

+, powers incidental to the fore.
| going businesses.
6.-To issue bonds. debentures
or other form Of corporate obliga.
tions, and to sell or hypothecate
the same and to secure the pay
ment of the same by mortgage OF
otherwise upon all or any of the
properties of the corporation.
| ITO make any and al con.
tracts, acquire and transfer any
and all species of property, anc
to possess the same powers in such
+. respect as private individuals now
enjoy, and in general to do all
things necessary to the proper
conduct of the business of the cor
porat,on in the State ard else
where, not inconsistent with the
laws of the United States, with the
State of Arizona, or any foreign
State Or Country.
8.-To hold, purchase, buv and
otherwise acquire, and to sell. ex-
cnange, mortgage pledge and
otherwise deal in the bonds, mort
cages, notes, debentures, shares
OF capital stock and other securi.
tles and obligations of any private
corporations, and also to receive.
collect and otherwise dispose of
interest, dividends or income from
any OF the properties held, owned
or acquired by the company. and
20 exercise in respect of all such
oonds, mortgages, debentures
notes, shares Of capital stock and
oTner securities and Obligations
all the rights, powers and privileg,
es OF individual owners thereof in
ciud4ng the right to vote upon anv
snares OF the stock held by it To
the same extent that a natural nor
son might or could do, and gener
ally 70 have the rights. powers sad
PRIVILEGES to do any and all things
incident or advantageous to the
CARRYING out of any of the objects
toned. Aoie men,
s.-To sell Or issue all or anv
part OF its capital stock, or any
ponds, debentures or Other au; I
Gences OF Indebtedness authorizes
oy It's BOARD of Directors. in nav
ment for the goodwill - riohts ny
estato eus,ness, personal property, real
nssate, as, or leases thereof Of anv
pe-son' 1lrm, association or cor
lofat!on, and the Judgment of -
BOARD OF Directors as to the W vaJ,'s ,.s
OF such goodwill, rights b1sinas" 1a,ue
property, real estate or Iss, Iaa~S,
ssnereon, shall, in the absenca a'e es
!. 1ra1d' 1'n be conclusive. ee OF
of 49, guarantee the payment
" " dividends or interest On A,en1 a,a..
ots' sHsages' stocks, debenturas any
liner securities issued hu VI
any other contract or ohl;o, ny, or
~, ~. any corporation whenevass.@ s@raon o0n
of AZ; ~ necessary for the bnsipaoa
- ta, enls company, and nnon ',uess ness
,.sa reams -. and conditions and IN s sacn
tba eIer S as may be prescrihad suSn Sll
ne "a, bylaws or bv rasoI,it ~sI,ioed by
the Board of Directors sSo'"tlon of
;s.,, Ito purchase, hold =,
capital stock. ' Shafes of its
ITO renumerate anv -
persons, or corporation fp, frison' s
wee rendered, or to ba roOd aOd ser
~ ~ pacing, or assisting to place
env kaara.nteelng the placing Of
naS,. % tne shares of the corn
panys capital stock, Or anv % da
os oesntasres, g bond or other sacuritI Ie-
" Ihe company, Or for iaey ser,,;ac
tt;snoered in Or about the for,,oe
.slon or promotion of the con,na nina-
If ~ me n;. selection and procurement
- directors, or the conduct nf
a.s - business. all upon such terr,s ~
SS the Board of Directors 11ms roaas
oseermlne and approve. "A"'
1S.-To conduct bpsino,. :;
any OF the states, Territories al "a
i1ntSsd p41gs Or dependencies of the |
Ca CCnIsed States, in the District of
ffo,.s; -no'a land in any and ali
1S5ssgn countries; to have one M nr
.aoge !. officers therein, and tbere;,
so notd, purchase, mortgaea ard I
convey real and personal nrono~t,e ~u
without limit as to ano,1nt 80 I',S ~,
Always subject to local laws ""'
14.-To do all and everything
necessary, suitable and proper for
the accomplishment of any of the
purposes or the attainment of anv
od the objects or the furtherancel
OF any Of the powers hereinbefore
set forth, or that the Board of
directors may hereafter approve.
eiIner alone or in association with
other corporations, firms, socie-
ties companies or individuals. and
TO do every act, thing or things
incidental or appertenant to or
growing out Of or connected with
the aforesaid business or powers
or any part Or parts thereof in
the United States of America and
lts dependencies and territory. in
mexico, or in any other foreign
country, providing the same be
not inconsistent with the laws
under. which the corporation is
organized.
n ARTICLE V.
The authorized capital stock
OF this Corporation shall be ONE
HUNDRED FIFTY THOUSAND /
i150,000.00) DOLLARS, divided
Into One Hundred FIT " Thous-
and (150,000) shares of the par
value of ONE ($1.0O) DOLLAR
each. At such time as the Board |
OF Directors shall by resolution
direct, the said capital stock when
subscribed for shall be paid into
this Corporation. eithe. in cash,
services or by sale, transfer or
assignment to it Of real or per-
sonal property, the stock, bonds
or evidences of indebtedness of
other corporations, or other things
Of value, for the use, benefit or
purposes of this corporation. and