Nogales international., 1928-10-19

powers incidental to the fore
going businesses.
| 6.-To issue bonds, debenturel
Tor other form of corporate obliga
tions, and to sell or hypothecatt
| the same and to secure the pay
I meat Of the same by mortgage OF
4 otherwise upon all or any of the
properties of the corporation.
T. 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 and else.
where. not inconsistent with the
laws of the United States, with the
4 State of Arizona, or any foreign
State or Country.
i 8.--To hold, purchase, buy and
| otherwise. acquire, and to sell, ex-
Echange, mortgage pledge and
otherwise deal in the bonds. mort
cages, notes, debentures, shares
az 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 ali such
bonds, mortgages, debentures,
notes, shares of capital stock and
ether securities and obligat;ons
al the rights, powers and privileg
es OF individual owners thereof :,
eluding the right to vote upon any
SHARES Of the stock held bv Is 70
the same extent that natural per.
| son might or could do. and rener
any 20 have the rights, powers and
privileges to do any and all things
incident or advantageous to tSo
carrying out of any of the objects
una purposes herein before men
r s.-To sell or issue all or anv
Part part OF lts capital stock, or any
ponds, debentures or other ev;
IIences or Indebtedness authorizes
~ lts Board of Directors. in nav
ment for the goodwill riebts M
, business, personal property raa,
estate, or leases thereof If snu 1
Pelson, 1lrm. association or COR.
tPoraelons P and the judgment of it's
BOARD CT Directors as to the val,,s 10
oI such goodwill, rights. business Se
property, real estate or laasas,
snereon, shall, in the absence ses os
fraud, be conclusive. u
80 40 guarantee the payment
" ~ ulYldends or interest or sn,,
atSaes' a4sa stocks, debentures =,
erni orn securities issued bv or|
any other contract or ohli@.+; VI
ol, any corporation whenauas." "e,on
re pe1 or necessary for the bus; pao-
terr's to ,,ns =, company. and upon s,1cS
~ sean,s !, ana conditions and II s',ch such
"a manner az may be pyesc,;haS H. Socn G
the the bylaws or by resoI,,t;oa oy
"1 BOARD OF Directors. ~" u
ito purchase bo,s
issue and sell the sba1o ,aoia or re-
capital stock. aees OF its
12.-To renumerate anv no,,.
persons, or corporation fpr sun sun
wee rendered, or to be rendared -
"a placing, or assisting to- niaca
oT guaranteeing the plac;pn
any OF the shares Of tho VI
Esny .,s,s > capital stock, or any de-
psAseEres, sEl bond or other secur;tv r
"a - sns company, or for serv;ces
:efed IN or about the forn,s
Aon or promotion of the con,nans. M
or t5e selection and procurenay,, my
oi directors, or the econdnct nf
1ts business. all upon sucb ta,., -
oetermlne and approve.
1S.---To conduct business I'll
any OF the states, territories .oI -
s cnies or dependencies of ~ ~
0n-ted States, in the District sn nS
Coiomb-a land in anv ard III III
foreign countries; to have sn ana al
=. more offlcers therein, and therein
70 noio. purchase, mortgage and
convey real and personal pronertu
wltnout limit as TO amonnf ny
always subject to local laws ~
14.-To do all and everything
necessary, suitable and proper for
the accomplishment of any of thel
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.
e4ther 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 and4
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 (
organised.
ARTICLE v.
4ne authorized capital stock
Of this Corporation shall be ONE
HUNDRED FIFTY THOUSAND
t150,0OO.00) DOLLARS, divided |
into One Hundred Fifty Thous~
and (160,000) shares of the par
value of ONE ($1.OO) 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, either 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