The border vidette., 1928-06-30
ARTICLES OF INCORPORATION
AcAPONETA SUGAR COMPANY

KNOW ALL MEN BY THESE
PRESENTS: ! hat we. the undersigned,
have this day associated sourselres to-
gether for the purpose of forming
corporation under and pursuant to the
laws OF the State of Arizona, and for
that purpose do hereby adopt articles
of incorporation as follows:
ARTICLE
The name of this corporation shall be
"ACAPONETA SUGAR COMPANY"
ARTICLE II
The principal place OF business OF
this corporation within the State of
Arizona shall be at Nogales. Santa
Cruz county. but branch Office or
offices may be established and main
tained at such other place or places,
either in the United States or in foreign
countries, rs may be determined upon
by the Board OF Directors. at any OF
which said places stock holders and
directors meetings may be held and any
corporate business transacted.
ARTICLE III
The general nature of the business
proposed to be transacted is to pur-
chase, manufacture. produce. refine,
prepare. import. export. sell and gen.
orally to deal in sugar, sugar beets,.
sugar can, molasses syrnps and melada
and all products or by products there
Of, and food products generally and in
connection Herewith to acquire, con.
struct and operate sugar or other re-
fneriee, buildings. mills. factories. dis.
tiller,es and other works. To plant,
cultivate, produce and raise sugar cane,
maize, sugar beets and other crops,
and to transact such other work or
business as may be proper or necessary
IN connection with the above objects or
any of them; to do general real es-
tate, manufacturing and mercantile
business; to own. handle and control
letters patent and Inventions; to make
and perform contracts; tc purchase,
lease or otherwise acquire, own, con-
troll. exchange. sell. or dispose of.
pledge, mortgage. hypothecate and
deal In real and personal estate OF all
kinds and nature; to acquire, own and
hold or otherwise deal with any stock,
bonds. bebentures. shares, script or
securities of any domestic. foreign or
alien corporation or of any government,
state or authority, municipal, local or
otherwise; together with the right to
stock. bonds or other obligations; to
issue bonds, notesde and other
evidences of Indebtedness, and to Sc
cure the payment of the same by mort
gage, deed OF trustlOr Otherwise; to
act as an agent. trustee, broker or in
any other fiduciary capacity; to borrow
and lend money; and in carrying on its
business, or for the purpose of attain
sv,< haW Nf To nh 10
do any and all other acts and things,
ers which natural person could do
after may be authorized by law.
ARTICLE w
The authorized amount Of capital
stock of this corporation shall be Five
Hundred Thousand and no 100 $780,
600 O0) Dollars, divided into fifty tbous.
and (50,000) shares of the par value of
Ten and no/lO0 $50 OO) Dollars each
At such. times as the Board OF Direc-
tors may by resolution direct. said
capital stock shall be paid into this
corporation. either In cash or by the
sale and transfer to it of real or, per-
sOnal property, contracts, services, or
any other valuable right or thing for
the use and purpose OF said corporation
in payment Of which, shares OF the
capital stock of said corporation may
be issued, and the capital stock so is.
sued shall thereupon and thereby be
come and be fully paid up and nom
assessable forever, and in the absence
of actual fraud in the transaction the
judgment of the Directors rs to the
value of the property purchased shall
be conclusive.
ARTICLE v
The time OF the commencement OF
this corporation shall be the day OF the
filing of it's articles Of incorporation
with the Corporation Commission of
the State of Arizona, and the record.
ing OF the same in the Office, OF the
County Recorder of Santa Cruz coun.
of shall be twenty five (25) years there.
after, with the privilege Of renewal as
provided by law.
ARTICLE vi
The affairs of this corporation shall
be conducted by a Board of not less
than three nor more than seven direc.
tors. who shall be stockholders of the
corporation. Said directors shall be
elected at the annual meeting OF the
stockholders. 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 be pre-.
scribed by the bylaws of the corpora.
tion. The first board OF directors shall
be elected by the iucorporators, 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 filled by
the remaining members OF the board in
office. The person so elected to fill
vacancy shall serve during the unex.
pired term OF his predecessor, and until
his successor is elected and qualified.
ARTICLE VII
The officers OF this corporation shall
be president, vice president, secre-