The border vidette., 1929-05-04
deal in and with all properties and com.
mOdities of every kind,

deal in and with all properties and com.
modities OF every kind.
(e) To purchase, hold and reissue
the shares of its capital stock; to &C.
quire, hold, sell or otherwise dispose of
the shares OF capital stock and securi-
ties of this and other corporations. and
any and all kinds of evidences OF In
debtedness issued by this and other
corporations. individuals, or associa--
tions OF persons. To vote the stock Of
other corporations the same as an In.
dividual holder thereof might or could
do.
(f) To purchase or acquire from any
OF the Board Of Directors or stock hold.
ers OF the corporation. properties,
property interests, shares OF stock, and
other assets belonging to them or any
OF them which the Board OF Directors
may Oeem ad visHble.
(g) To borrow money and to issue
notes, debentures. bonds and other
obligations; to mortgage or pledge any
or all OF It's assets as security for its
Indebtedness.
(h) To do all and everything neces.
Dol cuttoOiC vi proper IOT buo 6CCOLu-
plishment Of any OF the purposes or the
attainment OF any OF the objects here.
inabOve enumerated, either alone or In
association with other corporations,
firms and individuals in any capacity,
and in general to engage in any and all
lawful business that may be necessary
or convenient in carrying on the busi.
ness of the corporation, and to do any
nfI 0utr n<x4n HI
things, incident to. growing out of, or
connected with it's business or any part
or parts thereof.
ARTICLE Nv
The capital stock of this corporation
shall be One Million Five Humid red
Thousand Isl 500, 900 OO) Dollars, divid.
ed into One Million Five Hundred
Thousand Il 500 O0O) shares OF the par
value Of One ($l 0O) Dollar each. and
which shall be paid into the, corpora
tlon at such times as the Hoard OF Di.
rectors may direct, In cash. real or
personal property, services. leases.
options to purchase, or any other vain.
able property, right or things. and the
Board Of Directors shall fix the value
OF property or services for which stock
may be issued and their Judgment in
that regard shall be conclusive. All
shares OF capital stock when Issued
shall thereupon become and be fully
paid and non. assessable.
ARTICLE v
The time OF the commencement OF
this corporation shall be the date a cer-
titled copy of these Articles OF Incoe-
poration is recorded in the Office of the
County Recorder Of Santa Cruz Coun-
ty. State OF Arizona, and the termina-
ton thereof shall be twenty FIVE 1857
years thereafter, with the privilege Of
renewal as provided by law.
ARTICLE VT
The management and control of the
business. property and affairs OF the
corporation shall be vested In and con.
Quoted by Board of Directors con-
sisting of mot less than three (3) nor
more than five (5) members who shall
be stock holders. The directors shall
be elected at the regular annual meet
ing OF the stock holders which shall be-
held at NOgales, Arizona, ON the first
Tuesday after the first Monday In Feb.
ruary of each year. and shall hold their
Office until their successors are elected
and qualified. Until the first annual
meeting of the stock holders in Febru--
ary, 1880, and until their successors
have been elected and qualified, the fol-
lowing persons shall constitute the
Board OF Directors:
Will Hoy, 1860 Columbia Road, Wash.
ington, d. c.;
M. a. Hogan. Harshaw, Arizona;
James v. Robins, Nogales. Arizona.
The directors shall have the power
to adopt. amend and rescind bylaws.
to fill vacancies occurring In the board
from any cause. and to appoint such
committees or such other officers or
agents as they may deem proper.
ARTICLE VII
The officers Of this corporation shall
be President. Vice-P resident, Secre-
tary and Treasurer, aud euch other OH
GERS as the Board OF Directors shall
deem necessary or expedient. Any two
OF said Offices except those OF President
and Vice President, may be held by
the same person. The officers shall be
elected annually by, from and among
the directors. Immediately after the an.
nual meeting OF the stockholders and
shall hold their Office until their success
sors are elected and qualified.
ARTICLE VIII
The highest amount OF Indebtedness
or liability to which the corporation
may at any time subject itself, shall in
no event exceed two thirds the amount
OF the capital stock.
ARTICLE TX
The stock holders and members of
the corporation. and their private prop.
erty shall forever be exempt from any
liability for the debts and obligations
OF the corporation.
ARTICLE X
Frank J. Duffy, who has been .
bona 6de resident OF the State OF Ari.
zona, for more than three years last
past, is hereby appointed the agent OF
this corporation upon whom all notices
and processes including summons, may
be served. This appointment may be re-
voked by the Board OF Directors at any
time by the fling OF the appointment
OF another agent.
IN WITNESS WHEREOF we have
hereunto set our hands this 9th day OF