Nogales international., 1928-09-28


+; powers incidental to the fore
going businesses.
6.-To ISSUE bonds. debentures
or other form of corporate obliga-
+; tions, and to sell or hypothecate
the same ard to secure the pay
meEt 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
F., 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 ard 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-
t,ts 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
60 exercise in respect of all such
bonds, mortgages, debentures.
hotes, shares Of capital stock and
osher securities and obligations.
i'll the rights, powers and priyileg,
es OF individual owners thereof. in
Guiding the right to vote upon anv
shafes 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 end
privileges to do any and all things
inc. dent or advantageous to the
carrying out of any Of the objects
"Au purposes herein before men.
| tjonld. eii-
9.-To sell or issue all or anv
ts u ,CS capital stock, or any
ponds, debentures or other e11;
Gences OF Indebtedness authorizad
by its Board of Directors. in nav
meEt for the goodwill. rights
business personal property. real
estate, or leases thereof Of anv
person tirn, association or cor
torat-on, and the judpnoen+ of -
board Of Directors as to the valno no
CT SUCH goodwill, rights, businass
property, real estate or yaa@as,
ssnereon,@ shall, in the absence .7os os
fraud be conclusive. u
of 10 - guarantee the payment
u dividends or interest on em. en-,
oatates' oaz1' stocks, debentures "ns ~,
other securities issued bs, or
~ any ether contract or obligstion NJ
-, any corporation wheneva,. raon r,.n
p1 Or necessary for the business S
oIzshls company, and unon iness a,'sk
' Terms and conditions and i, sucn s'l
tlanher tha as may be prescr;hod i"Sn S
| the Roora R-ra"s or by resolution If
/ ;sea,a purchase, hold or 70
aaa: lsnue and sell the shares W ~ re-
na,l1 I2:-To renumerato any person
t,ine suns, or corporation for Ser,
~, I'VE rendered, or to be rendered
n placing, or assisting to Mace
or guaranteeing the placing of
any OF the shares of The oo,, ~
Panys capital stock, or anv do
oentures, bond or other sacnr;t-,
OF the company, or for iaeS ser.,;acy
oeteu t;nn IN or about the forma-
slon or promotion of the COMPANY
or the selection and procurement
% directors, or the conduct of
rs business. all upon such ternS
, % g. tne Board of Directors NAV
aelerfnlne and approve. '
any Of the states, territories, col
lines G1 or dependencies of the
OAsled States, in the District of
Coinmb..a land IN any and. ei1 III
1oreiga countries; TO have ono - 80
more officers therein, and tbarai.
70 hold. purchase, MORTGAGE and M
convey real and personal n,.eso,atle anu
without limit as to amonr't ";
always subject to local laws 0u'
14.--To do all and everything
necessary, suitable and proper for
the accomplishment of any of the
purposes or the attainment of anv
OF the objects or the furth
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
10 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
ITS 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.
The authorized capital stock
OF this Corporation shall be ONE
1 HUNDRED FIFTY THOUSAND
] t150,000.00) DOLLARS. diyideJ
into One Hundred Fifty Thous-
and Q60, ,00Ol shares of the par
value of ONE ($1.00) DOLLAR
each. At such time as the Board
of Directors shall by resolution
4 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
II