The border vidette., 1928-07-07

10 Do pRlO III Iull. DOtD LIE principal OF
their shares and the accrued dividends
charged before any amount shall be
paid to the holders OF the common
stock. The holders of the preferred
stock shall have no voting powers
whatsoever, nor shall they be entitled
to notice OF any meeting of the stock
holders OF the company. Said PREFER.
ed stock shall be subject to redemption
at One Hundred -Four and no-100
($l04.00) Dollars per share and .accum.
ulated dividends thereon, at any time
after one year from the issue thereof,
at such time or in such manner as the
Board OF Directors shsll determine.
ARTICLE
The time of the commencement OF
this corporation shall be the day OF
the filing OF it's articles OF incorpora-
tion with the Corporation Commission
Of the State OF Arizona, and the re-
cording of the same In the office OF the
County Recorder of Santa Cruz county,
Arizona, and the termination thereof
shall be twenty Ave (25) years there
after, with the privilege Of renewal as
provided by law.
ARTICLE vi
The affairs of this corporation shall
be conducted by board Of not less
three nor more than seven directors.
who shall be stock holders OF the cor.
poration. Said directors shall be elect.
ed at the annual meeting of the stock.
holders. and shall serve one year, and
until their successors are elected and
qualified. The annual meeting of this
corporation shall be held at such place,
time and hour as may he prescribed by
the by laws OF the corporation. The
first board Of directors shall be elected
by the incorporatOrs, who shall serve
until their successors are elected and
qualified. II at any time vacancy in
the board OF directors shall occur. said
vacancy may be filed by the remain.
ing members OF the board in Office.
The pr rsOn 40 elected to fill vacancy
shall serve during the unexpired term
OF his predecessor, and until his sue.
cessor is elected and qualified.
IS ARTICLE VII
The officers of this corporation shall
be a president, vice president, secre-
tary and treasurer, and such other off,
GERS as the board OF directors may de.
termine from time to time. who shall
be elected by the board OF directors
Immediately after each annual meeting
OF the stockholders, and shall hold
Office for one year, and until their suo-
cess0rs are elected and qualified. The
offices OF secretary and treasurer may
be held by the same person. In the
event OF a vacancy in any Office the
board Of directors may fiji the same,
and the person 80 elected shall serve
during the unexpired term of bis pre-
decessOr, and until his successor is
elected and qualified. The first officers
OF the corporation who shall serve un.
til the first annual meeting of the
stockholders of the corporation, shall
be elected by the first board of direct.
Ors as soon as convenient after Organi,
zation.
ARTICLE VIII
The board of directors of this corpor
alton shslkhave power to make. amend
revise and repeal the bylaws of the
company.
ARTICLE TX
The highest amount of Indebtedness
| or liability, direct. or contingent, tl
to subject itself is Thirty Three Thou
sand Three Hundred Thirty aid no-lO(
1888. 330. .0O) Dollars.
ARTICLE X.
The private property OF the stock
holders OF this corporation shall for
ever be exempt from any liability TO
the debts OF this corporation.
ARTICI XI
Charles l.. Hardy. of Nogales. Ari
zons, who has been bona fide residen
of the State Of Arizona for at leas
three years, is hereby appointed tn,
| lawful agent of this corporation, TO
and on behalf of this corporation to &C
cept and acknowledge service and upOl
whom may be served all necessary pro
cess or processes in any action. suit o.
proceeding that may be brough
against this corporation in any of th'
courts of the State Of Arizona. and fo
all purposes required by law. Th'
hoard OF directors of this corporation
may revoke this appointment of agen
at any time and shall have power Il
fill any vacancy OF such position.
ARTICLE XII
The names, residences and post offic
add resses of the lncOrpOratOrs are q
follows: Adolfo L Dominguez, Rudolf
Arvixu and Alonzo E. Aviles, all o
| NOgales, Arizona.
IN WITNESS WHEREOF we hav
hereunto set our hands and seals thi
29th day Of May, A. D. 1927.
A. L DOMINGUEZ (Seal
| r. A. ARVIZU fSeal
ALONZO E. AVTLES (Seal
STATE OF ARIZONA,