Nogales international., 1928-12-25
LEGAL NOTICE

LEGAL NOTICE
enhance the value Of or render
profitable any of its property OF
rights, IS such a corporation
inay lawfully do; and in carrying
on it's business, or for the purpose
Of attaining or furthering any OF
its objects, to do any and all acts
and things, and to exercise any and
ell ether powers which co-part-
rership or natural person could do
and exercise, and which now OF
hereafter may be authorized by
law, and either as, or by and
through. principals agents, attor-
neys, trustees, contractors, factors,
lessons, lessees, or otherwise
either alone or in conjunction wiz
others and in any part of tlie
world; and in addition to have
end to exercise all the rights, pow
eys and privileges now or hereaf-
ter belonging to or conferred upon
corporations organized under tins
provisions of the law authorizing
the formation of such corporation
ARTICLE v.
The authorized amount Of the
capital stock Of this corporation
shall be Two Million Five Hundred
Thousand and no 400 ($2,500,-
000.00) Dollars, divided into Two
Million Five Hundred Thousand
(2,600,000) shares of the par value
of One and no /1O0 ($1.00) Dol
lars each. Upon subscription there
FOR said capital stock shall be paid
into the corporation in such man.
ner and upon such terms as the
hoard of directors may fix in cash,
..ervices, Or by the sale, transfer
end assignment to the corporation
of property, property rights or in
terests therein, real or personal, for
the uses and purposes of the cor
2oration, and in payment for
which, shares Of the capital stock
of the corporation may be issued,
and such stock so issued shall
II ereupon and thereby become and
be fully paid up and asses
gable, and in the absence of actual
fraud in the transaction, the judg-
nlent of the board Of directors as
to the value of the service render
ed or property purchased shall be
conclusive.
ARTICLE VI.
The time Of the commencement
Of this CORPORATION shall be the date
OF TIE issuance to it of a Certifi-
cate Of Incorporation bv the Ari-
zone CORPORATION Commission and
tie termination thereof shall be
twenty-five years thereafter. with
tie ri@ht in the corporation to re.
rev It's charter for an additional
reTiod Of twenty-five years as now
provided by law.
ARTICLE VII.
The management and conduct OF
the business, property and affairs
Of the corporation shall be vested
in and conducted by board Of di-
nectors of not less than three (3)
nor more than seven CD persons
and al dire tors, except in case OF
vacancies, shall be elected at the
annual meeting of stockholders
ex ept the first board, which is
chosen as in these articles herein.
after set forth. The officers of the
company shall -onsist of a Presi.
'ert, Fice-Presi 'ent, Secretary and
Treo"urer, and such other officers
IS tie Board of Directors shall
deem e,pedient and all shall be
elecfed or aDpointed by the Boarc
Of Directors. Any two or more Of.
fices TIE duties of the Incumbent
OF which are not inconsistent. NAV
Ne held by tie same person, Boeh
the officers and directors shall
old their off es for the period Of
one year from and after electior
and qualification and until theil
.gccessors are elected and quail.
zee, ug1tess removed by the board
The directors shall have the riebt
70 r.! any vaoancy occurring in The
board by death, resignation. o,
otherwise, and the person or ner
; sons elected to fill any such va
oa9cy or va 0ancies shall hold HI,
office. until the xext regular meet.
ing Of stockholders.
ARTICLE VIII.
The regular annual meeting o.
the sto kho!ders shall be held al
! the principal office of the coI.or
ton on the 26th day of April il
acA year if not legal holiday
md if q legal holiday, then on tht
J Sc ular day following,
ARTICLE *.
The incorporators shall name tn,
! persons who shall constitute tn,
! first board Of directors and wrey
] 20 selected by the incorporation
said members of The board shql
eerve until the first annual stock.
AolCfeTs' meeting and until thei
successors are elected and quail
fled.
ARTICLE x.
! The board Of directors shall havt
the power to make and alter thu
bylaws Of the corporation; to Fl,
( TIE amount to lie reserved as wolk
ing capital, and to authorize anC
T cause to be executed mortgages
de- ertures and other obligation
which shall be liens upon the pro
perty and franchises of the corpor
otion, and, n general to exercise
al the powers and authority of the
company not expressly withheld
from said board by law, or BY