Nogales international., 1928-10-09

powers incidental to the fore.
going businesses.
| 6.--To issue bonds, debentures
] or other form Of corporate obiga.
tions, and to sell or hypothecate
the same and to secure the pay
ment of the same by mortgage Of
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, anC
to possess the same powers in such
: respect as private individuals now
/ enjoy, and an general to do al
things necessary to the proper
!. conduct of the business of the cor.
porat-on in the State ard else.
where, not inconsistent with the
! laws of the United States, with the
/ State of Arizona, or any foreign
State or Country.
\ S.--To hold, purchase, buy and
otherwise acquire, and to sell, ex.
change. mortgage pledge anC
| otherwise deal in the bonds mort.
cages, notes, debentures, shares
OF capital stock and other securi.
les 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
oonds, mortgages, debentures
laotes, shares of capital stock and
other securities and obligations
all the rights, powers and priviIeo
IS OF individual owners thereof. in.
ciud-ng the right to vote upon any
shares OF the stock held by it to
the same extent that natural per,
son might or could do, and gener
any to have the rights, powers and
privileges to do any and all things
lnc-dent Or advantageous to the
carrying out Of any of the objects
| toned. ilieli-
9.-To sell or issue all or anv
part OF its capital stock, or any
ponds, debentures or ofhar y Az;
dences of indebtedness autborizod j
oy Its Board of Directors. in nav
nert for the goodwill riebts
BUSINESS, oasiness, personal property, real
estate or leases thereof of anu
pelson' tlrn, association or cor
orat-on, and the iudpn1en+ of -.
BOARD ofyDirectors as to tha va1,'s 'S
OF such goodwill, rights. bnsinas" ,'aue
property, real estate or laa@@s,
Sne Smereohi shall, in the absence 81
1iaua' De conclusive. -
! of o-Io 40 guarantee the pavment
u dividends or interest @ on ".enC o
snaaares, aaa, stocks, debenturas any ny
liner liner securities issued hv VI ".
any other contract or obl;1o or W
OF, any corporation wbena1ass'a lesa 10. Ilon
IF pfi +b;s or necessary for the bus;peos ao
to,.u,n 70 .nis company, and upon u1S s,'oS
sm seams rms and conditions and pGn ~ sucn
taiiner +ha n as may be prescribed I"en et
th the bylaws or by resoIntie ea oy
the Board of Directors '"'ion OF
/ issue and III Onase, mold or ra-
capita, can't ana atad3 sell the shares Of ie, ifs
12.-To renumerate anv na,u,,
! persons, or corporation for fprison' SOL.
wee rendered, or to be rendored -
Or D. praeing, g,a e,.a or assisting to place
~ sr,, guaranteeing the placing Of
any OF the shares of the con, ~
panys capital stock, Or anv U do
Dentures, bond or other sacru;t]- &c
" Ihe company, or for serv;cos
tenoered IN or about the forn, e' .
lion or promotion of the comnanTr
VI me selection and procuranao,,t 'al0t
OF Directors, or the condnot u.pene Il
US ~ business. all upon such terms e
as as tne Board of Directors naaS lnS
determine and approve. -1"S
lS.ETo conduct business in
any OF the states, territories ooi -
Gnles or dependencies of ~ ~
0n1ted States, in the District ', ne
forein. GU.arno- a land in any and all
norelgn 11 countries; to have one o.. or
more officers therein, and tharo;n ~
TO hold. purchase, morteaoa aId 81 u
convey real and personal nrono,'+r, ~tIu
without limit as to amonnf ,St W !.
always subject to local laws "a'
I4.-To do all and everythino.
necessary, suitable and proper for
the accomplishment of any of the
purposes or the attainment of anv
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 and
It's dependencies and territory. in,
Mexico, or in any other foreign
country, providing the same be
not inconsistent with the laws
under. which the corporation is
organized.
ARTICLE v.
ny outilO1lZeu CAPITAL stock
OF this Corporation shall be ONE
HUNDRED FIFTY THOUSAND
(150,OO0.00) DOLLARS, divided
into. One Hundred Fifty Thous-
and (150,000) shares of the par
value of ONE ($1.00) DOLLAR
each. At such time AS the Board
OF Directors shall by resolution
direct, the said capital stock when
subscribed for shall be paid into
this Corporation, eithe. IN cash,
services or by sale, transfer or
assignment to it of real or per-
sonal property, the stock, bonds
or evidences of indebtedness of
other corporations, or other things
of value, for the use, benefit or
purposes of this corporation. and