Nogales international., 1929-02-15
LEGAL NOTICE
thereafter, with the privilege of
renewal, as provided by law.
ARTICLE VII


renewal, as provided by law.
ARTICLE VII.
The management and conduct
Of the business, property and af-
tairs of the corporation shall be
vested in and conducted by a
Poard of Directors of not less than
three nor more than five persons,
each a stock holder in this corpora
ton, and each director, except in
case. of vacancies shall be elected
| ut The annua! meeting of stock
holders except the first Board,
! which is chosen as in these Artic-
les hereinafter set forth.
The officers of the company
consists of president, vice-presi-
cent, Sc >retary and treasurer and
such other officers as the Board
If Directors shall deem expedient,
and all sha:! be elected or appoint
sd by the Board of Directors. ANY
two or more offices, the duties of
the encumbered of which are con-
sistent mavba held by the same
person. Both the officers and direc-
tors shall hold their office for the
period of one year from and af-
.,er election and qualification and
until their succ essors are elected
and qualified, unless removed by
the Board. The directors shall have
ne right to fill, any vacancies oc-
curing in the Board by death, re-
signation or otherwise, and the
person or persons elected to fill
anv suh vacancies shall hold his
office until the next regular meet
ing of stock holders.
ARTICLE VIII.
The regular annual meeting of
the stock holders which shall be
held in the main office of the cor
poration on the first Monday of
October beginning with the year
1929, unless such day shall fall
on legal holiday, and in which
event such meeting shall be on
the next secular day.
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
sha.: serve until the first annual
stock holders meeting and until
thelr successors are elected and
qualified.
A majority of the Board of Di-
tec5ors shall constitute a quorum
and except as herein and in the
5y-laws otherwise provided, shall
have the same authority and pow
ers as II bull Board were present.
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 author
ize and cause to be executed, mort
cages, debentures and other obli-
cations which shall be liens upon
the property and franchises of the
corporation, and, in general to
exercise all the powers and au-
thority of the company not ex-
pressly withheld from said Board
by law, or by these Articles of
incorporation, Or by the affirma-
tive action of the stock holders.
ARTICLE XI.
The stock holders and members
of this corporation and their pri-
vate property shall be exempt from
any liabilities for the debts of this
corporation.
ARTICLE XII.
The highest amount of indebt-
ness or liability direct or conting-
ent, to which this corporation
snal: at any time subject itself
shall be computed by rules and
regulations by the Arizona Cor
poratlon Commission but shall not
exceed Sixty Six Thousand 1855
0O0.00) Dollars.
ARTICLE XIII.
Bonsal! Noon, of Nogales, Ari-
zona, who has been bona fide
resident of the State of Arizona
for at least three years, is hereby
appointed the lawful agent of this
corporation for and on behalf of
it, to accept, and acknowledge SER
vices, and upon whom maybe serv-
sd all necessary process in any ac-
tion, suit or proceedings 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
24th day of January, A. D. 1929.
JULES NAHOUM
R. B. GIFFEN
: = : )ss.
COUNTY OF SANTA CRUZ
The foregoing instrument was
acknowledged before me this Oath
day of January. 1929, by Jules Ma
houm and r. B. Giffen.
(Notarial SEAL)
BONSALL NOON
Notary Public
NV commission expires, May 81,
1882.
- ENDORSEMENT -
ARIZONA CORPORATION
COMMISSION, incorporating De-
partment. Filed Feb. S, 1929 at
1000 A. M. at request of NOON
& NOON. whose address is No
gales, Arizona.
F. J. K. Mcbride,
Secretary
BY
PEARL JONES
STATE OF ARIZONA }