Nogales international., 1928-10-26

going businesses.
6.-To issue bonds, debentures
] or other form Of corporate obliga-
tions, and to sell or hypothecate
the same and to secure the pay
ment of the same by mortgage or
otherwise upon all or any of the
properties of the corporation.
i ITO make any and all con-
tracts, acquire and transfer any
and all species of property, and
to possess the same powers in such
!; respect as private individuals now
| enjoy, and IN general to do all
things necessary to the proper
conduct of the business of the cor
porat,on in the State and else
where, not inconsistent with the
laws Of the United States, with the
State of Arizona, or any foreign
State or Country.
| 8,-To hold, purchase, buy and
otherwise acquire, and to sell, ex-
change, mortgage pledge and
otherwise deal in the bonds, mort
cages, notes, debentures, shares
Of capital stock and other securi-
ties and obligations of any private
corporations, and also to receive,
collect and otherwise dispose of
Interest, dividends or income from
any of the properties held, owned
or acquired by the company. and
TO exercise in respect of all such
bonds, mortgages, debentures.
notes, shares Of capital stock and
other securities and obligations.
al the rights, powers and privileg-
es OF individual owners thereof. in.
Guiding the right to vote upon anv
shares OF the stock held by it to
the same extent that a natural ner.
son might or could do, and gener.
ally to have the rights, powers and
privileges TO do any and all things
incident or advantageous to t6e
carrying out of any of the objects
and purposes herein before men.
toned. ~
9.--To sell Or issue all or anv
part OF its capital stock, or anv
ponds, debentures or other ev;-
dences of Indebtedness authorized
by its Board of Directors, in pay.
ment for the goodwill. rights
business, personal property. real
estate, or leases thereof Of anv
person, firm, association or cor.
tofat:on, and the judgment of its
Board of Directors as to the valns ,sa
OF such goodwill, rights, business
properly, real estate or leases
there,on, shall, in the absence ~
fraud, be conclusive. -
4O:-To guarantee the n.vmon+
oi dividends Or interest on sn1,
shares. stocks. debentpras ""y a
osaer on securities issued by. or or
any other contract or OBLIGATION
W any corporation wheneye, mr. nro
pft or necessary for the bus;neS,
ot TINS company, and unon vSs a,,%S
Terms Terms and conditions and in snot' a',oh
manner as may be p~ascr;ho1 - 1ocll : II
he; 6oard of Directors. "" %
Ito purchase, hold ~
aSue aaa:1 ana sell the shares of G ;t-
capital stock. 'a
12.-To renumerate anv nerso :,
persons, or corporation fpr Son' Sou
-, we rendered, or to be rendered.
- p1aclng' or assisting to place
or guaranteeing the placing of
any OF the shares of the corn
pany,s capital stock. Or anv ID
pentures, bond or other sec,,r;tT,
OF the company, or for servicas
rendered in or about the forms
Cion or promotion of the comnany
" tne selection and procurement
OF directors, or the conduct of
ats business. all upon such terms
rs the Board OF Directors NAV
determine and approve.
15.--To conduct business in
any OF the states, territories col
Qnies or dependencies of the
United States, in the District of
Soluno-a land in any and ali
Iorelgn countries; to have one or
more Officers therein, and therein
70 hold, purchase, mortgage and
convey real and personal property
without limit as to amount h,1f
! always subject to local Laws
I4.-To do all and everything
necessary, suitable and proper for
the accomplishment of any of the
purposes or the attainment Of any
OF the objects or the furtherance
OF any Of the powers hereinbefore
set forth, or that the Board of
Directors may hereafter approve,
ether alone or in association with
/ other corporations, firms, socie.
ties companies or individuals. and
TO do every act, thing or things
incidental or appertenant to or
growing out Of or connected with
the aforesaid business or powers
or any part or parts thereof. in
the United States of America ano
its dependencies and territory, il
Mexico, or in any other foreign
country, providing the same bt
not Inconsistent with the law:
. under which the corporation i:
organized.
ARTICLE v.
The authorized capital stool
2 of this Corporation shall be ONE
: HUNDRED FIFTY THOUSAND
: t150,000.O0) DOLLARS, divided
r into One Hundred Fifty Thous
: and (15O,000) shares of the pal
g value of ONE ($1.O0) DOLLAF
each. At such time as the, Boart
Q Of Directors shall by resolutio,
3 direct, the said capital stock whe,
subscribed for shall be paid int,
a this Corporation. eithel in cash
y services or by sale, transfer o
! assignment to it of real or per
:. = sonal property, the stock, bond
! or evidences of Indebtedness o
g other corporations, or other thing
Ie Of value, for the use, benefit o
:, purposes of this corporation, an
'r in payment whereof shares Of IN