Nogales international., 1929-03-22
LEGAL NOTICE

| cornorat1on or enhance the value
OF or renuer prolCauIe any Oh us
J ,4rouerLy OF rlguIS, as sucn corp
ora.lon may lawfully 40; anu III
ca.rv11g on lCS business, or 1of
LIE purpose OF attaining or 1ur-
lueIIug any OF us OBJECTS, TO 40
| ann x.nu a.. acts ana Chlngs. anu
TO eAer~lse any anu al oti4er
lowers Wulcn a cO-partnerSnlp or
.,,turaA person .0ul0 90 ana 'sXeI-
|! ...se. anu wIncn now or hereafter
| NAV ue au.norlzeu by law, ana
J elIlrer as, or Dy anu ehioush
uI1iicIpa.s, agents, attorneys, ttus-
Ices. CONTRACTORS, 1acLofS, lesSoIs'
II-ssees, uf Otherwise, eltnef aIone
ur al. conJunvrlOn Win otuefs anu
| ~ any part o. the woriu; ana In
auulL.on To lave ana TO exercise
a.I t..e rights, powers and prlVl-
.xgeS now or hereafter belonging
u or conferred upon Corporations
u1 sanzeu unuer 5ne provisions OF
ulre Jaw aurnorIzlng the FORMATION
o. sucn CORPORATIONS.
AhILCLk V.
The authorized amount of the
capital STOCK OF TINS corporation
shall pe one hundred thousand
,p1vU,vvO.vUJ UolIars, divided IN
70 ten thousand lIU,UUV) Snales
vi the par value OF len ($lU.O0)
! uOA.aIs eAcn. upon SuDs- ripCIOn
L..ele1or saIu caplLAI SVOck SIla:I be
Lalu INTO Tue corporation IN Sucn
l..anner anu upon SucA terms as
Ire board OF directors may 1lx IN
transfer ana assignment TO the
corporation OF property, property
rights or interests tllereln, real
or personal, 1or L4le uses anu pur-
poses Vi Jne corporation, ana in
paymenC Tor WIncii, snarss Oh the
.apiudl STOCK Oh tire corporation
may De issued, ana Su.n stocK SO
ISSUED siiai! rnereupon and there
" become anu pc tuIly PAID up
and non: asseSsabIe, ana III tne
absence Vi actua: fraud in the
! .1ansacLlvn, the judgment OF the
poafu OF olre> tors as to the value
oI the services rendered or prop
erty purchased snail be con-
cluSive.
ARTICLE vi.
The time OF the commencement
of tnIs corporation snail! be the
uate OF the issuance to it by the
ARIZONA Corporation Commission
or a certificate of incorporation,
and the termination thereof snail
be twenty-five (25) years there
after, with the Power of renewal
as provided by law.
ARTICLE VII.
The management and conduct
Of r4e business, property and at
4alrs of the corporation shall be
vested in and conducted by a
board of directors of not less tnan
three 90 nor more than seven
(1) persons, and all directors, ex-
cept in case OF vacancies. shall be
elected at the annual meeting OF
stockholders, except the first
board, Which is CHOSEN as in these
articles hereinafter set forth. The
officers OF the company Shall con-
sist of a President, Vice-President,
secretary and Treasurer, and such
other OFFICERS as the Board of Di-
,ectors shall deem expedient, and
all snail be elected or appointed
ry the Board OF Directors. Amy
two or more offices. the duties OF
tne incumbent of which are not
inconsistent, may be held by the
same person. both the officers
and directors shal! hold their Of
ices for the period of one year
from and after election and quail
ltication and until their successors
are erected and qualified, unless
removed by the board. The dl-
rectors shall have the right to I'll!
any vacancy occurring in. the board
by death, resignation, or other
wise, and the person or persons
elected to fill any such vacancy
or vacan> les shall hold his office
unit. the next regular meeting OF
stockholders.
ARTICLE VIII.
| The regular annual meeting OF
the stockholders shall be held al
the principal! office OF the corp
Grafton on the third Tuesday il
January in each year commencing
with the year 1880.
ARTICLE TX.
The incorporators shall name
the persons who shall constitute
the first board of directors ano
when so elected by the incorpora.
tors said members OF the bOarc
snail serve until the first annual
stockholders meeting and unit
their successors are elected anC
qualified.
ARTICLE X.
The board OF directors shall!
nave the power to make and alter
the bylaws of the corporation; to
fix the amount to be reserved as
working capital, and to authorize
and cause to be executed mort
'Egages. debentures and other obli-
tgations which shall be liens upon
the property and franchises of the
corporation, and, in general to
exercise al! the powers and au-
tEority of the company not .ex-
pressIy withheld from said board
by law, or by these Articles OF
incorporation, or by the affirma-
tive action of the stockholders.
ARTICLE XI.
| The stockholders and members
of this corporation and their pri-
vate property shall be exempt
from any liability for the debts
|