Nogales international., 1929-03-26

CHESHIRE BROS. MOTOR
CO."
ARTICLE III.
The principal place of business
Of the corporation shall be No
sales, Santa Cruz County. Ari-
iona, but the corporation may
AVE su>h branch OFFICES, within
OF without the State OF Arizona as
NAY be hereafter established by
ne Board oil directors, and meet
Ings OF the board OF Directors
may De neid and any business
Transacted at any branch oftice.
ARTICLE ~.
The general nature OF the bust
Gess proposed to be transacted b.
~-.e corpol alton 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 otnsrwise acquire, own,
exchange, sell. or dispose OF,
p.edge, mortgage, hypotrecate
and deal in automobiles, automo-
.;irs accessories and automobile
supplies OF every kind and de-
scrlption; to own, operate, conduct
and maintain automobile sales
looms. yards and places, automo-
ollie 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,
..old, sell, assign, transfer, pledge
or otherwise dispose OF and en-
dorse and guaranty tue payment
of promissory notes and contracts
.or the sac or conditional sale OF
automobiles, automobile accesso-
ties. automobile supplies and per
sonal property of every kind and
description; to make and perform
contracts, to purchase, lease, or
otherwise acquire, own, exchange,
S IL. or dispose of, pledge, mort
gage, hypothecate and deal in,
real etate, any and all 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 otF%: forms of corporate
obligations and to sell, pledge or
aypothe< ate 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,
sell and dispose of the stock,
bonds or other evidences of in.
debtedness of this or any other
corporation, domestic or foreign.
and to issue and exchange there
COR 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
ton, 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 its
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
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
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
.$100,00O.0O) Dollars, divided in
% ten thousand (1O,OOO) shares
If the par value of Ten ($10.O0)
dollars each. Upon subscription
therefor said capital stock shall be
caid into the corporation in such
manner and upon such terms as
he board of directors may fix in
cash, services, or by the sale,
,ransfer and assignment to the
corporation of property, property
lights or interests therein, real
n personal, for the uses and pur-
poses of the corporation, and in
payment for which, shares of the
:apital stock of the corporation
may be. issued, and such stock so
ssued shall thereupon and there
oy become and be fully paid up
and worcestershire, and in the
,bsence of actual fraud in the
transaction, the judgment of the
BOARD of directors as to the value
II the services rendered or prop
.rty purchased shall be con-