Nogales international., 1928-11-30

Of any and all kinds whatsoever
To do a general marketing, brok-
erage, commission, forwarding, ex-
porting and importing business
TO act as custom house broker, to
do a general business as a COM
mission merchant and to carry on
snd to undertake any business
transa tion or operation commonly
carried on CIR undertaken by GUS
..om hou'e brokers, commissic n
men, factors. importers, exporters,
manufacturers agents, and in the
course of such business 20 draw,
accept, endorse, acquire, buy end
cell all or any negotiable, trans
ferable Instruments and securi-
lies: 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-
rothecate and deal in, real estate,
anv and all kinds of personal pro-
pe7ty 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-
potl,ecate the same and to secure
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
ct 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
grafton or enhance the value of
| n render profitable any of it's
properly or rights, such corpora
ton may lawfully do; and in carry
ing on its business, or for the pur-
pose 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 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-
c.se al! 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
stock of this corporation shall be
tlt*y thousand ($50,0O0.0O) Dol
: 'ars, divided into two hundred
fifty (250) shares of preferred
. stock of the par value of one hun
: !dred and no/100 ($1OO.OO) Dollars
each, and twenty-five thousand
10, ,COO) shares of common stock
OF The par value of one (S1.OO)
Dollar 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 for
cash, property, service or other
: valuable right or thing, and the
, 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.
S Clusive.
I, The holders of the preferred
: stock shall be entitled to cumula
!, tive dividends thereon at the rate
), of eight ($8.00) Dollars per share
!, ~ eight per centum of the amount
!, or par value for each and every
), fiscal year of the life of The cor.
4 poration and no more, payable out
4 Of any and all surplus or net pro
s fits, quarterly, half-yearly or year
!; ". as when declared By
s I h e Borad Of Direct or s
S b fore any divi ID e n ds
n eiall be declared, set apar. for, OF
a paid upon the common stock oi
f The corporation. Said dividends OF
r the preferred stock shall be cumu.
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