Nogales international., 1929-05-21
LEGAL NOTICE


a general farming, horticulture
and livestock business IN all Of its
.yAases, breeding, raising and mar
keting cattle, horses, sneep, 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
suest ranch business; to run, oper-
ave and control stores and do a
general merchandise business and
TO buy, sell, trade and deal in any
and all kinds of goods, wares and
mer> Ilandise in connection there
with.
(c) To do all things necessary
or Incidental to the various lines
OF business herein specified, and
at su, h place or places within or
without the State of Arizona as
may suit toe convenience of this
corporation.
(d) 10 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 prin> ipals, 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
poration and the enjoyment and
exercise thereof as conferred by
the laws OF the State of Arizona.
ARTICLE V.
The authorized amount of the
capital sCocK o. TINS corporation
sail We 4Wo hunuIed Thousand
tp1UU, ,VUU.Uv) LoIlars, dlvlued IN
" tnO hunured thousand (zUO,-
wv, Snures or tue par value Oh
one l2l.UUl Dollar ea>h. upon
suDscrIpIlon Thereon SAID capital
etocA Si.aI be Lald inCo the cor
poraIlon n such manner and upon
sucA terms as the BOARD or direct
JAS may Ia IN caSn, services, or by
tue SAFE, transfer ami assignment
10 t44e co4poIaulCn OF properly,
properly llgutS or lnUefes.S there
All, real or personal, Tor the uses
ulu purposes OF the /cOrporaGlon
4uu In payment Tor which, snai es
oI the capital Stock OF the corpora
.4on may DeaSsued and such stock
30 ISs1ed snail tlrereupOn and
.44ereby become and be IuIly paid
~ ana worcestershire, and IN the
4usence OF actual fraud in the
transaction, the Judge ment OF the
Doard OF directors as to the value
vi the services rendered or pro-
perCy purcnased shall be concIus-
I'VE.
ARTICLE VI.
The time OF tie commencement
of this corporation shall be the
late OF the issuance to it by the
Arizona Corporation Commission
Ut Certificate OF IncoHporaClon
and the termination thereof snail
~e twenty-five (zo) Yeas there
after, with the power of renewal
as provided by law.
ARTICLE VII.
The management and conduct
of the business, properly and af-
4airs of the corporation shall be
vested in and conducted by a
board OF directors OF not less tnan
three 80 nor more than seven
t1) persons, and all directors, ex-
,ept IN case of vacancies, shall be
elected at the annual meeting of
stockholders, except the first
board, winch is chosen as in these
arti> les hereinafter set forth. The
officers OF the company consist of
a president, vice-president, secre-
tary 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 offices, the duties of the in
>umbent of which are not incon-
sistent, may be held by the same
person. Both the officers and di-
IectoIs shall hold their offices for
the peAiod of one year from and
atLer election and qualification
and until their successors are elec.
ted and qualified. unless removes
Ly the board. The dil ectors shall
have the right to fill any vacancy
occurring in the board by death,
resignation, or otherwise, and the
person or persons elected to fill
any such vacancy or vacancies
shall hold his office until the next
regular meeting of stockholders.
ARTICLE VIII.
The regular annual meeting of
the stockholders shall be held at
the principal office of the corpora
ton on the second Monday in
April. of each year, commencing
with the year 1880.
ARTICLE TX.
The incorporators shall name
the persons who shall constitute
the first board of directors and
when so selected by the incorpora-
tors said members of the board
slall serve until the first annual
stockholders meeting and until
their successors are ele. ted and
qualified.
ARTICLE X.
The board of directors shall
have 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
cages, debentures and other obli-
cations which shall be liens upon
the property and franchises of the