Nogales international., 1929-05-17
LEGAL NOTICE

(b) To engage in and carry on
a general farming, horticulture
and livesto k business IN all Of its
. asses, breeding. raising and mar
lzeting cattle. horses, sheep, goats,
mules. asses and swine; to con-
struct, erect, establish, operate
md maintain hotels, inns and
guest ran hes and to maintain and
carry on general hotel, inn and
uest ranch business; to run, oper-
ate and cor troll stores and do a
general merchandise business and
70 buy, sell, trade and deal in any
nd all kinds of goods, wares and
,ner ..andise in connection there
with.
,c) To do all things necessary
u Incl entail to the various lines
u business herein specified, and
t. su. h place or places within or
ichout tue State of Arizona as
LAY suit tue convenience of this
corporation.
va, 40 do any and all things
uereln set forth to the same ex-
lent as natural persons might or
,olld do in any part of the world
rs prin, ipals, agents, contractors
trustees or otherwise.
The foregoing enumeration, of
,peuiIic powers snail not be deem
"a to Limit or restrict in any man
ner the general powers Of the corr
poration and the enjoyment and
!. e. else thereof as conferred by
- laws of tie State of Arizona.
ARTICLE V.
ne authorized amount OF the
.apital stock of this corporation
shall be Two Hundred Thousand
$500, 000.0U) Dollars, divided in
o hundred thousand (200.r
90, snares Of the par value of
me (Sl.S0) Dollar eath. Upon
uscription therefor said capital
Jock snail be paid into the cor
poration n such manner and upon
sch terms as the board of direct
ors may fix in cash, services, or by
the sale, transfer and assignment
TO the corporation of property,
property rights or interests there
IN, real or personal, for the uses
and purposes of the corporation
and in payment for which, shares
of the capital stock Of the corpora
rion may be issued and such stock
so issued shall thereupon and
thereby become and be fully paid
up and worcestershire, and in the
absence of actual fraud in the
transaction, the judgement of the
board of directors as to the value
Of the services rendered or pro-
perty purchased shall be conclus.
i've.
ARTICLE VI.
The time Of tie commencement
of this corporation shall be the
cate of the issuance to it by the
Arizona Corporation Commission
of a Certificate Of Incorporation
and the termination thereof shall
be twenty-five (25) years there
after, with the power of renewal
as provided by law.
ARTICLE VII.
The management and conduct
of the business. property and at
fairs of the corporation shall be
vested in and conducted by q
board of directors Of not less than
three 90 nor more than seven
CD persons, and all directors, ex-
tept in case of vacancies, shall be
elected at the annual meeting of
stockholders, except the first
board, which 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 tie 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 d.
rectors shall hold their offices for
the pe1iod of one year from and
after election and qualification
and until their successors are cleo
ted 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 persons elected to fill
any such vacancy or vacancies |
shall hold his office until the next |
regular meeting Of stockholders.
ARTICLE VIII. d. i
The regular annual meeting of
the stockholders shall be held at |
the principal office of the corpora
ton on the Sc, ond Monday IN |
April Of each year, commencing
with the year 1880. 4
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
shall serve until the first annual
stockholders meeting and until |
their successors are ele> ted and |
qualified.
ARTICLE x.
The board of directors shall |
ave the power to make and alter
he bylaws of the corporation; to |
fix the amount to be reserved as
working capital. and to authorize !
and cause to be executed mort