Nogales international., 1928-12-28
ty-five (25) years thereafter, with
the Power of renewal as provided

of the corporation shall be vested
n and conducted by board of di-
'ectors of not less than three (3)
nor more than fifteen (15) persons,
and all dire tors, except in cases
Of vacancies, shal! be elected at the
annual meeting of stockholders, ex-
cept the first board, which is chos-
an as in these articles hereinafter
set forth. The officers of the COM
any shall consist of a President
Vice President, Secretary and
treasurer, and sueh other officers
as the Board of Directors shall
'eem expedient, and all shall be
elected or appointed by the Board
If Directors. Any two or more Of
fees, the duties of the incumbent
Of which are net inconsistent, may
be held by the same person. Both
the officers and dire tors shall hold
their offices for the period Of one
year from and after ele ton and
qualification and until their sue
cessolS are e',es ted and qualified,
unless removed by the board. The
7irectors shall have the right to fill
Hnv vacancy occurring in the
BOARD by death, resignation, or
otherwise, and the person or per-
sons elected to fill anv suoh vaoan-
~ or vacancies shall hold his of
flee until the reyt REGULAR meet.
ing Of stockholders.
ARTICLE VIII.
The REGULAR annual meeting of
the stockholders shall be held at
he principal Offices of the corpora
ion on the first Monday in July in
h vear commencing with the
year 1880.
ARTICLE TX.
The incorporators shall name the
0ersons who shall constitute the.
first board of directors and when
20 selected By thc in operators
'aid members of the board shall
ferve until the first annual stock
olf'e'.' meetin" and until their
Tr""essors are ele ted and quail
fled.
ARTICLE x.
TIE board of directors shall have
he Dower to rake and alter +h.a
Hv-laws of the corporation; to fix
he amount to be reserved as work
ng capital, and to authorize and
'a'se to re executed mortgages.
etentures ard other obligations
which shall be ler.s unon the pro-
~nrty and fr"nchi.es of the CORPORA
''on. and, in general to exercise
II TIE powers and authority of tho
ON )any not expressly withheld
om said board by law, or bv
these Articles of incorporation, or
w the affirmative action of the
stockholders.
ARTICLE XII.
The stockholders and members
of this corporation and their pri
vate property shall be exempt from
any liability for the debts of this
corporation.
ARTICLE XII.
With the consent of the holders
Of two-thirds (2/3) in amount of
lie capita! stock of this company,
ssued and outstanding when .evi.
1enced in writing or with the con-
sent of majority in amount of
;he capital stock of the corpora
ton, issued and outstanding, when
expressed by a resolution adopted
at a meeting of the stockholders
of the corporation duly called and
keld pursuant to the bylaws, the
directors shall have authority to
sell or otherwise dispose of in such
manner as may be authorized, the
entire property and assets. of the
orporation.
ARTICLE XIII.
The indebtedness of this CORPORA
ton shall at no time exceed the
sum of Three Hundred Thirty
Three Thousand Three Hundred
Thity-three and 33/1OO 1888,
333.33) Dollars.
ARIlSLE XIV.
Duane Bird, of Nogales, Santa
Cruz County, Arizona, who has
been a bona fide resident of the
stare of Arizona for at least three
,5) years, is hereby appointed the
lawful agent of this corporation
Tor and on behalf of it, to accent
ana acknowledge service. and upon
whom may be served all necessary
process in any action, suit or pro-
,eedlng that may be held or
brought against this corporation
IN any of the Courts of the STATE
OF Arizona, and for all pnrnoses
required by law. poses
IN WITNESS WHEREOF, we
nave hereunto set our hands +b;s
10Th day of December A n 1908
BYRON S. BUTCHER
STATE OF ARIZONA A''1HN
COUNTY ] OF SANTA CRUZ '''
Tbs foregoing instrument wo,
before me ON this
sne In ! 18th day of December, 1928.
0y byron S. Butcher and H. K
Barker, who stated to me that thew
the same for the purposes
ana consideration therein express
sed.
BONSALL NOON,
Notary Public.
NOT CIVIL SEAL
NV commission expires May 31st,
1892.