Nogales international., 1928-12-11
LEGAL NOTICE

dividends or interest on any shares
stocks, debentures or other securi-
ties issued by, or any other con-
tract or obligation of, any corpora.
ton whenever necessary for the
business of this company, and up
on such terms and conditions and
III such manner as may be pre-
scribed by the bylaws or by reso-
luton of the board of directors.
Also to purchase, hold or reissce
and sell the shares of its capital
stock.
To renumerate any person, per- }
sons or corporation for services
rendered, in placing or assisting to
place any of the shares of the
chmpany's capital stock, or any de-
benture, bond, or other security of
the company, or for services rem
dered in or about the formation
or promotion of the company, or
the conduct of it's business, all up-J
on such terms as the board of di-
rtctors may approve.
Without in any particular limit
ing any of the objects, or purpo-
ses or powers of the corporation,
the business or purposes of the
corporation shall be from time to
time to do any one or more or all
of the acts and things herein set
forth, and al! other acts, things
and business or businesses III any
manner connected herewith, or
necessary, incidental, convenient
or auxiliary thereto, or calculated
directly or indirectly to promote
the interests of the corporation or
enhance the value of or render
profitable any of it's property or
rights, as such a corporation
may lawfully do; and i'll carrying
on it's business. or for the purpose
Of attaining or furthering any of
it's objects, to do any and al. acts
and things, and to exercise any and
all other powers which co-parS-
nership or natural person could do
and exercise, ard which now or
hereafter may be authorized by
law, and either as, or by and
through principals, agents, attor-
neys, trustees, contractors, factors,
lessors, lessees, or otherwise,
either alone or in conjunction with
others and in any part of the
! world; and in addition to have
end to exercise all the rights, pow
ers and privileges now or hereaf-
ter belonging to or conferred upon
corporations organized under the
, provisions of the law authorizing
! the formation of such corporation.
ARTICLE v.
I The authorized amount of ths
capital stock of this corporation
shall be Two Million Five Hundred
Thousand and no 100 ($2,500,-
000.00) Dollars, divided into Two
Million Five Hundred Thousand
{2,500,GG0) shares of the par value
of One and no o/100 ($1.00) Doll
!ars each. Upon subscription there
FOR said capital stock shall be paid
(! into the corporation in such man.
ner and upon such terms as the
hoard of directors may fix in cash,
!tervices, Or by the sale, transfer
and assignment to the corporation
] Of property, property rights or in
terests therein, real or personal, for
the uses and purposes of the cor
/ poration, and in payment for
which, shares of the capital stock
of the corporation may be issued,
and such stock so issued shall
thereupon and thereby become and!
! be fully paid up and non asses,
gable, and in the absence of actual
. fraud in the transaction. the judg--
ment of the board of directors as
to the value of the service render
ed or property purchased shall be-
conclusive.
ARTICLE vi.
The time of the commencement
of this corporation shall be the date
I Of the issuance to it of a Certiff.
cate of Incorporation by the Ari-
zona Corporation Commission, and
: the termination thereof shall be
twenty-five years thereafter, with
the right in the corporation to re-
new its charter for an additional
period of twenty-five years as f,ow
provided by law.
ARTICLE VII.
The management and conduct of
The business, property and affairs
of the corporation shall be vested
in and conducted by board of di-
recsors of not less than three (3)
nor more than seven (7) persons,
and all directors, except in case of
vacancies, shall be elected at the
annual meeting of stockholders,
except the first board, which is
chosen as in these articles herein.
after set forth. The officers of the
company shall consist of a4Presi-
dent, Vice-President, Secretary and
Treasurer, and such other officers
as the Board of Directors shall
deem expedient, and all shall be
elected or appointed by the Board
of Directors. Any two or more Of
fices, the duties of the Incumbent
OF which ara not inconsistent. NAV
BE held by the same person. Both
the officers and directors shall
hoid their offices for the period of
one year from and after election
and qualification and until their
successors. are elected and quail
1,ed' unless removed by the board
me directors shall have the RIGHT
20 IL! any vacancy occurring in the
board by death, resignation or
otherwlse, and the person or ner-
sons elected to fill any such va
cancy or vacancie., shall hold b;s
o11ice until the next regular meet
ing of stockholders.
ARTICLE VIII
The regular annual meet;rr 20