Nogales international. [volume] (Nogales, Ariz.) 1926-1979, 1928-02-07
SOY Dollars per share, and aua
accumulated dividends.

GSNO @AAS$SN0 AASA4VAAbs
In the event of dissolution OF
liquidation of the corporation. the
holders OF the preferred stock
shall be entitled to receive tia
par value of the preferred shares
and any accumulated dividends
thereon before anything shall ba
paid to the holders of the common
stock. These rights and pre-
ference of the preferred stock
shall not be altered, amended or
rescinded without the consent Of
all of the holders thereof.
Shares of stock shall be issued
only upon the payment Of cash.
services rendered or prorertr
transferred to the corporation
equivalent to the par yalue Of
the stock issued, provided that
the value placed upon the services
rendered or property transported
Co the corporation shall be final
and conclusive proof Of their
value.
ARTICLE "
That the amount of capital with
Which the corporation will begin
business is Five Hundred and
ao/100 ($500.00) ,Dollars
ARTICLE vi
The members of the governang
BOARD shall be styled directors,
and the number Of such directors
shall be three (3). The names
and post office addresses Of the
first board of directors are %
follows:
A. A. Burnand, Jr. 796 Market
Court, Los Angeles, Cal.
Thatcher ]. Kemp, 1873 Rivsa.
Strong Building, Los Angeles
Cal.
G. W. Partridge, 1925 Rives.
Strong Building, Los Angeles,
Cal.
who shall constitute the hoard
of directors until their successors
are elected and qualified. There.
after, the board Of directors shah
be elected from among the stock
holders at the annual meeting Of
stockholders, to be held ON tho
second Monday Of the menth 81
July, Of each year hereafter. The
Board OF Directors named in
these articles shall elect from
their members the officers, who
shall have charge Of the corporate
affairs until their successors are
elected and qualified.
ARTICLE VII
The capital stock Of this cor.
poration after the amount Of the
price or par value
has been paid in shall not be SUI
ject to assessment to pay dobts
Of this corporation and no stock
issued as fully paid up shall ever
be assessableN or assessed and
the articles of incorporation shall
not be amended in this particular.
ARTICLE VIII
The names and post office Ad-
dresses Of the original subscribers
Of these articles and the number
Of shares Of preferred stock and
subscribed for by each
respectively are as follows:
A. A. Burnand, Jr. Los An
geles, Cal. 80 shares $4,000.
Thatcher J. Kemp, Los Angeles,
Cal 10 shares, $4,000.
G. W. Partridge. Los Angeles,
CAL, 10 shares, $4,000.
ARTICLE TX
This corporations Is to hAvN
perpetual existence.
ARTICLE x
This corporation reserves the
right to amend, alter. change or
repeal any provision contained In
this article Of incorporation. in
the manner now or hereafter ure.
scribed by law and all rights con.
ferred on officers, directors and
stockholders herein are granted
subject to this reservation.
We, the undersigned, being
each of the original subscribers TO
the capital stock hereinbefore
named, for the purpose Of form
ing a corporation to do business
both within and without the Stata
OF Nevada, and in pursuance Of
the general Corporation Law Of
the State of Nevada, effective
March 81, 1925, do make and fila
this certificate. hereby declaring
and certifying that the facts here-
lnabove stated are true. and res.
pectively agree to take the uum-
Der OF shares of preferred stock
hereinbefore set forth, and ac-
cordingly have hereunto set our
hands and seals this ninth dav OF
November, 1927.
A. A. BURNAND, JR. (SEAL,
THATCHER j. KEMP (SEALi
9. W. PARTRIDGE (SEALI
STATE OF CALIFORNIA, }
County Of Los Angeles.
On this ninth day Of November.
IN the year nineteen hundred and
twenty-seven A. D., before me,
Eeulah I. Whitney, a Notary
Public In and for the said sCoua-
ty of Los Angeles. State of Cal