Nogales international., 1929-05-24
LEGAL NOTICE


deliver promissory notes, check'
and other commercial paper.
(b) To engage in and carry or
a general farming, horticulture
and livestock business IN all OF it;
phases, breeding, raising and mar
keting cattle, horses, sheep, goats
mules, asses and swine; to con-
struct, erect, establish, operate
and maintain hotels, inns and
guest ran, hes and to maintain and
carry on a general hotel, inn and
guest ranch business; to run, oper-
ate and control stores and do a
general merchandise business and
70 buy, sell, trade and deal in any
and all kinds of goods, wares and
mer, r,handise in connection there
with.
(c) To do all things necessary
or incidental to the various lines
OF business herein specified, and
at SUI h place or places within or
without the State of Arizona as
may suit the convenience OF this
corporation.
(d) To do any and all things
herein set forth to the same ex-
tent as natural persons might or
could do in any part of the world
as principals, agents, contractors
trustees or otherwise.
The foregoing enumeration OF
specific powers shall not be deem
ed to limit or restrict in any man
ner the general powers of the cor
poation and the enjoyment and
exercise thereof as conferred by
the laws of the State of Arizona.
ARTICLE V.
The authorized amount OF the
capital STOCK or TINS corporation
snail De Two hundred InousanU
9zvU, ,UUO.Ov) Uolials, dlvloed IN
20 two hunured thousand lzOU,-
uvu> snares OF tue par value OF
one (9I.vV) Uoilar ea>h. upon
subscrlptlon THEREFOR SAID capital
.LocK snail be paid into the cor,
poraGIon n such manner and upon
sucAl terms as the board OF dlrecI'
ors may Tx IN casn, services, or ny
the saie, transfer anu assignment
to tue corporaUlon OF property
property rlgnrs or Interests there
an, real or personal, tor the uses
and purposes OF the corporatloI
anu In payment tor which, snare:
OF the capital STOCK OF the corpora
Ulon may We issued and such STOCK
so issued snail tnereupon ant
thereby become and be 1ully paie
up and worcestershire, and IN the
absence OF actual fraud in the
transaction, the judgement OF the
board OF directors as to the value
ot the services rendered or pro
perry purchased shall be cOncIus
i've.
ARTICLE VI.
The time OF tue commencement
of tllls corporation shall be thu
cate OF the issuance to it by thu
Arizona Corporation Commission
OF Certificate OF Incotporatlol
and the termination thereof snaI
pe twenty-five (zo) yeas there
aIter, Win the power OF renewa
as provided 10y law.
ARTICLE VII.
The management and conduc
of the business, property and at
1airs of the corporation shall b.
vested in ana conducted by ;
board Of directors or not less tAal
three 90 nor more than sever
lU persons, and all directors, eX
.ept IN case OF vacancies, shah b.
elected at the annual meeting O
stockholders, except che tlrS
board, winch is CHOSEN as in thes
arti> les hereinafter set forth. 1h,
officers OF the company consist O.
a president, vice-president, secre
Uary and treasurer, and such othe
o1IlceIS as tue board Of director
shall deem expedient, and all snal
De elected or appointed by th'
board OF directors. Any two O.
( more Offices, the duties of the in
uumDent of which are not incon
sistent, may be held by the sam,
person. botn the officers and di
lecto4s shall hold their offices TO
the period Of one year from an
after election anu qualification
and until their successors are cleo
ted and qualified, unless remove
1 Dy the board. The di4 ectors shal
have the right to fill any vacanc
occurring in the board by death
resignation, or otherwise, and tn
person or persons elected to I'll
any such vacancy or vacancie
shall hold his otflte until the mex
regular meeting of stockholders.
ARTICLE VIII.
The regular annual meeting o
the stockholders snail be held a
the principal office of the corpora
ton on the Sc ond Monday il
April of each year, commenc.nI
with the year 1880.
ARTICLE TX.
Inc lncorporaLOrS shall nam
the persons who shall constitut
The first board of directors an
wnen SO selected by the incorpora
tors said members of the boar,
snail serve until the first annua
stockholders meeting and unit
their successors are ele> ted an,
qualified.
ARTICLE X.
The board OF directors shal
nave the power to make and alte
The bylaws of the corporation; t,
Tx the amount to be reserved a
working capital, and to authoriz,
and cause to be executed mort
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