Nogales international., 1928-11-27

etables, fruits and farm products
f any and all kinds whatsoever:
70 do a general marketing, brok-
erage, commission, forwarding, ex-
porting and importing business:
O act as custom house broker, to
do a general business as a COM
mission merchan: and to carry on
snd to undertake amy business
transa ton or operation commonly
arried on cr undertaken by GUS
;om house brokers, commission
men, factors. importers, exporters,
manufacturers agents, and in the
course Of such business to draw,
accept, endorse, acquire, buy end
sell all or any negotiable, trans
ferable Instruments and securi-
ties: To borrow and lend money:
To make and perform contracts;
to purchase, lease or otherwise ao-
quire, own, exchange, sell, or dis
pose of, pledge, mortgage hy-
pothecate and deal in, real estate,
any and all kinds of personal pro-
perty of any person, firm, associa-
ton or corporation, and pay 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-
cations and to sell, pledge or hy--
potllecate the same and to Sc ure
the payment thereof by mortgage,
pledge or otherwise upon al or
any part of the property of the
corporation; to purchase, acquire,
hold, sell and dispose of the stock,
bonds 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 objects 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 all such other acts,
things and business or businesses
in any manner connected there
with, or necessary Incidental, con-
venient or auxiliary thereto, or
cal culated directly or Indirectly to
promote the interests of the cor
oration or enhance the value Of
or render profitable any of its
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 furtfering any
cf 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
bv 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
t 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 suoh corporations.
| ADTTTr n II
The total authorized capital
stock of this corporation shall be
Fifty thousand ($50,O00.0O) Dol
'ars, divided into two hundred
fifty (250) shares of preferred
stock of the par value of one hun
dred and no 400 ($100.OO) Dollars
each. and twenty-five thousand
f25, ,n0O) shares of common stock
OF the par value of one ($1.O0l
Dollar ca h. and said stock shall
epe issued fully paid and non-asses
sable at such time and in such
manner as the Board of Directors
may determine in exchange for
Icash' property, service or other
valuable right or thing. and +he
judgement of the Board of Direc-
tors as to the value of such pro
perty, service. right or thing shall
IN the absence of fraud, be con,
elusive. "0 ''"
: The holders of the preferred
stock shall be entitled to cumuIa.
tive dividends thereon at the rate
of ei@ht ($8.00) Dollars per share
9r eight per centum of the amount
Or par value for each and every
t'sca' year of the life of the cor
roration and no more, payable out
Of anv ard all surplus or net pro-
fits, quarterly. half-yearlv or year.
". as w hem declared b Y
h Borad of Direc ors.
b e o e anv di iv d e n d S
eIall be declared, set apart for, or
paid upon the common stock of
he cornoration. Said dividends on
the preferred stock shall be cumu.
tatiUa on fbok iS kLo