Nogales international., 1929-02-12

termination thereof shall be tWen-
ty-five (25) years thereafter, with
the Power Of renewal as 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 a board OF dl-
rectors of not less than three (3)
nor more than fifteen (15) persons,
and all directors, except in cases
of vacancies, shal! be elected at the
annua! meeting Of stockholders, ex-
capt the first board, which is chos-
en- as in these articles hereinafter
set forth. The officers of the COM
pany shall consist of a President,
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, may
be held by the same person. Both
the officers and directors shall! hold
their offices for the period of one
year from and after election and
qualification and until their sue
cessoIs are elected and qualified,
unless removed by the board. The
directors shall have the right to fill
any vacancy occurring in the
Board by death, resignation, or
otherwise, and the person or per-
sons elected to fill any such vacan-
cy or vacancies shall hold his Of
flee until the next regular meet
ing of stockholders.
ARTICLE VIII.
The regular annual meeting of
the stockholders shall be held at
the principal Offices of the corpora
ton on the first Monday in July in
each year commencing with the
year 1880.
ARTICLE TX.
The incorporators shall name the
conjunction with others and in any
persons who shall constitute the
first board of directors and when
so selected by the incorporators
said members of the board shslI
serve until the first annual stock
holders meeting and until their
successors are elected and quail
fled.
ARTICLE X.
The board of directors shall have
the power to make and alter The
by Laws of the corporation; to fix
the amount to be reserved as work
ing capital, and to authorize and
cause to be executed mortgages.
debentures and other obligations
which shall be liens upon the pro-
rerty and franchises of the corpora
ton, and. in general to exercise
all the powers and authority of the
company not expressly withheld
from said board by law, or by
these Articles Of Incorporation, or
by, the affirmative action of tho
stockholders.
ARTICLE XI.
The stockholders and members
OF this corporation and their pri-
vate property shall be exempt from
any liability for the debts of this
Corporation.
ARTICLE XII.
With the consent of the holders
of two-thirds (2I3) in amount of
the capita! stock of this company,
issued and outstanding when evi-
oenced in writing or with the con-
sent Of a majority in amount of
the capital stock of the corpora
ton, issued and outstanding, when
expressed by a resolution adopted
at a meeting Of the stockholders
of the corporation duly called and
held pursuant to the bylaws, the
directors shall have authority to
sell or otherwise dispose of in such
manner as may be authorized, the
entire property and assets of the
corporation.
ARTICLE XIII.
The indebtedness of this CORPORA
ton shall at no time exceed the
sum of Three Hundred Thirty
Three Thousand Three Hundred
Thirty-three and 33/1O0 $685..
333.33) Dollars.
ARTICLE XIV.
Duane Bird, of Nogaies, Santa
Cruz County, Arizona, who has
been a bona fi6e resident of the
STATE of Arizona for at least three
(3) years, is hereby appointed the
lawful agent Of this corporation
for and on behalf Of it, to accept
and, acknowledge service, and upon
whom may be served all necessary
process in any action, suit or pro-
ceeding that may be held or
brought against this corporation
in any of the Courts of the State
of Arizona, and for al purposes
required by law.
IN WITNESS WHEREOF, we
have hereunto set our hands this
18th day Of December, A. D. 1928.
BYRON S. BUTCHER
H. K. BARKER
STATE OF ARIZONA
)ss.
COUNTY OF SANTA CRUZ
The foregoing instrument was
acknowledged before me on this
the 18th day of December, 1928,
by Byron S. Butcher and H. X.
Barker, who stated to me that they
executed the same for the purposes
and consideration therein expires
sed.
BONSALL NOON
Notary Public.