Nogales international., 1929-04-05

CO."
ARTICLE III.
The principal place of business
of tine corporation shall be No
gales, Santa Cruz County. Ari-
iona, but the corporation may
+ lave su>h branch offices, within
or without the State oil Arizona as
may be hereafter established by
the Board OF Directors, and meet
ings OF the Board OF Directors
may be held and any business
transacted at any branch office.
ARTICLE lV.
The general nature of the busl-
ness proposed to be transacted by
t,.e corpol ation is as follows, to-
wit:
TO carry on and engage IN the
automobile, automoDue accessory
auComoDlle supply and automoOlle
garage business: to purchase
lease, or Otherwise acquire, o"n'
exchange, sell. or dispose OIL
pAedge, mortgage, hypotiecate
and deal in automobiles, automo-
Gig accessories and automoDl.e
SUPPLIES OF every kind and de-
scrlptlon; to own, operate, conduct
and maintain automobile sales
looms. yards ana places, automo-
! bile garages, assembling rooms
and repair shops; to acquire, oWn'
purtnase, selt OF dispose OF. auto
mobile saIes rights and 1ranchlseS
and to acquire, own, purchase
nold, sell, assign, transfer, pledge
or otnerM Use dispose OF and en-
dorse and guaranty tire payment
Of promIssory notes and contracts
TOR the SAFE or conditional sale OF
automobiles, automobile accesso-
RES. automobile supplies and per
sonal property OF every kind and
description; to make and perform
contra, is, to purchase, lease, OF
otherwise acquire, own, exchange,
sell. 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
grafton, and pay for the same IN
cash or stock, bonds or obligations
OF this corporation, or otherwise.
To issue bonds, noues, deben-
lures or otEAt forms oil corporate
obligations and to sell. pledge or
nypothel ate the same and to Sc
cure the payment thereof by mort
gage or otherwise upon all or any
part of the property Of the corp
Grafton; to purchase, acquire, hold,
sci. and dispose of the stock,
ponds or other evidences of in
debtedness OF this or any other
corporation, domestic or foreign,
and to issue and exchange there
for 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
tion, 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 OF 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 a corp
oration may lawfully do; and in
carrying on it's business, or for
the purpose Of attaining or fur
thering any of its objects, to do
any and al! acts and things, and
to exercise any and all other
powers which a co-partnership or
natural 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,
lassees, 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
organized 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
($10O,000.00) Dollars, divided in
10 ten thousand 100000 shares
of the par value Of Ten ($10.00)
Dollars each. Upon subscription
therefor said capital stock shall be
paid into the corporation in such
manner and upon such terms as
the board of directors may fix in
cash. services, or by the sale,
transfer and assignment to the
corporation of property, property
rights or interests therein, real
or personal, for the uses and pur-
poses of the corporation, and in
payment for which, shares of the
capital stock of the corporation
may be issued, and such stock so
issued shal! thereupon and there
by become and be fully paid up
and worcestershire, and in the
absence OF actua. fraud in the
transaction, the judgment of the
board of directors as to the value
OF the services rendered or prop
erty purchased shall be con-