Nogales international., 1928-10-23


6.--To issue bonds, debentures
or other form of corporate obliga-
t;ons, 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.
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
ether securities and obligations.
all 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 natural per-
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 the
carrying out of any of the objects
and purposes herein before men
toned.
80 sell Or issue all or any
part of it's capital stock. or any
J ponds, debentures or other evi-
dences of indebtedness authorized
oy It's Board of Directors. in nav
ment for the goodwill, rights
business, personal property. reai
estate, or leases thereof Of anv
person. firm, association or cor.
Eporaeion. and the judgment of its
board of Directors as to the VI value Ie
OF such goodwill. rights, business
< properly, real estate or leases
thereon, shall, in the absence ~
fraud be conclusive. -
i AV:-To guarantee the navman4
OF dividends or interest on oa'.
aaa' saaaares' stocks. debentures ~
osner o1 securities issued by Or ~
@ey other contract or obliSation
VI, any corporation whenever nro
yer or necessary for the bns;paoa o
~ tMs company, and unon s-aS
terms and conditions and IN s'.en uen
the anher ha as may be prescribed bu
the the BYLAWS or by resolution of
'"9 BOARD of Directors. %
Ito purchase ho,d ..
Issue and sell the shares ~ re-
capital stock. 'ieS OF its
1z.-To renumerate apv r,
r;s,sohs, r;ns or corporation for SER,
vac; wee rendered, or to be rendered.
IA placing, or assisting to ulace
Of guaranteeing the placing NJ
any OF the shares of the com
Panys capital stock, Or anv da
oentures, bond or other securitv
o1 5he company, or for services
rendered IN or about the forms
tlon or promotion of the comnanT,
CT the selection and procurernant
OF Directors, or the condnct nf
rs business. all upon such terms
as the Board of Directors NAV
determine and approve. '-'"S
15'--Io conduct business in
any OF the states, territories col
onles or dependencies 0f tbo
Cniteo States, in the District of
Columbia land in any and al
foreign countries; to have ono "a "a
more officers therein, and therein
TO hold. purchase, mortgage and
convey real and personal property
without limit as to amount hEt
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,
. either alone or in association with
other corporations, firms, socie-
ties companies or individuals, and
TO 90 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
its dependencies and territory, in
. Mexico, or in any other foreign
i, country, providing the same be
: not inconsistent with the laws
! ! under which the corporation is
organized.
5 ARTICLE v.
The authorized capital stock
9 of this Corporation shall be ONE
= HUNDRED FIFTY THOUSAND
. (150,O00.00) DOLLARS, divided
r into One Hundred Fifty Thous-
: and (15O,0oO) shares Of the par
g value of ONE ($1.00) DOLLAR
d each. At such time as the Board
e of Directors shall by resolution
IS direct, the said capital stock wher
subscribed for shall be paid into
"a this Corporation, either in cash
- services or by sale, transfer o.
= assignment to it of real or per
>. - sonal property, the stock, bond
- or evidences Of indebtedness O.
Ie other corporations, or other thing
le of value, for the use, benefit O
H. purposes of this corporation. AM
Of in payment whereof shares of tn
e. capital stock of this corporatio,