Nogales international., 1929-03-29

CO."
ARTICLE III.
The principal place of business
of the corporation shall be No
gales, Santa Cruz County. Ari-
zona, but the corporation may
have su,h branch offices, within
or without the State of Arizona as
may be hereafter established by
the Board of Directors, and meet
ings of the Board Of Directors
may be held and any business
transacted at any branch office.
ARTICLE Nv.
The general nature of the busi-
ness proposed to. be transacted by
the corporation is as follows, to-
wit:
To carry on and engage in the
automobile, automobile accessory.
automobile supply and automobile
garage business: to purchase
lease, or otherwise acquire, own,
exchange, sell, or dispose or
pledge, mortgage, hypothecate
and dea! in automobiles, automo-
Eiks accessories and automobile
supplies OF every kind and de-
scription; to own, operate, conduct
and maintain automobile sales
looms. yards and places, automo-
bile garages, assembling rooms
and repair shops; to acquire. own'
purchase, sci! or dispose of. auto
mobile sales rights and franchises
and to acquire, own, purchase
hold, sell, assign, transfer, pledge
or otherwise dispose OF and en-
dorse and guaranty the payment
/, of promissory notes and contracts
TOR the sale or conditional sale OF
automobiles, automobile accesso-
ries. automobile supplies and per
sonal property of every kind and
description; to make and perform
contrat is, to purchase, lease, or
otherwise acquire, own, exchange,
sell. or dispose of, pledge, mort
gage, hypothecate and deal in,
Ireal etate, any and al! kinds of
personal property, and the good
will, rights and property of any
person, firm, association or corp
oration, and pay for the same in
cash or stock, bonds or obligations
of this corporation, or otherwise.
To issue bonds, noues, deben-
lures or oth>r forms of corporate
obligations and to sell, pledge OF
lnypothecate the same and to Sc
-ure' the payment thereof by mort
gage or otherwise upon all or any
part of the property of the corp
oration; to purchase, acquire, hold,
sci. and dispose of the stock,
ponds or other evidences of in
debtedness of this or any other
-orporation, domestic or foreign,
and to issue and exchange there
for it's stock, bonds or other
obligations.
Without in any particular limit
ing any of the objects, Or pur-
poses or powers of the corpora
tion, the business or purposes OF
the corporation shall be from
time to time to do any one or more
or al. Of the acts and things here
in set forth, and all such other
acts, things and business or busi-
nesses in 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 corp
Grafton may lawfully do; and in
| carrying on it's business, or for
the purpose of attaining or fur
thering any Of it's objects, to do
any and all acts and things. and
to exercise any and all other
powers which a co-partnership or
natural person could do and exer-
else, and which now or hereafter
may be authorized by law, and
either as, or by and through
principals, agents, attorneys, trus-
tees, contractors, factors, lessons,
lessees, or otherwise, either alone
or in conjunction with others and
in any part of the world; and in
addition to have and to exercise
all the rights, powers and privi-
.eges now or hereafter belonging
to or conferred upon corporations
organized under the provisions OF
the law authorizing the formation
Of such corporations.
ARTICLE V.
The authorized amount of the
capital stock of this corporation
shall be One Hundred Thousand
($10O,000.00) Dollars, divided in
70 ten thousand (10,o00) shares
of the par value of Ten ($1O.OO)
dollars each. Upon subscription
therefor said capital stock shall be
paid into the corporation in such
manner and upon such terms as
the board of directors may fix in
cash, services, or by the sale,
transfer and assignment to the
corporation of property, property
rights or interests therein, real
or personal, for the uses and pur-
poses of the corporation, and in
payment for which, shares of the
capital stock of the corporation
may be issued, and such stock so
issued shal! thereupon and there
by become and be fully paid up
and worcestershire. and in the
absence of actua! fraud in the
transaction, the judgment of the
board of directors as to the value
of the services rendered or prop
erty purchased shall be con-
elusive.
ARTICLE vi.
The time of the commencement
l of fhi1 corn0ro RI m cho11 ho 4Lo