Nogales international., 1929-05-07
LEGAL NOTICE
.as print ipals, agents, contractors,
L.Ao1c ~, othor.xxrico

tas print ipals, agents contractors,
trustees or otherwise.
The foregoing enumeration OF
specific powers shall not be deem
ed to limit or restrict in any man
ner the general powers of the cor
poration and the enjoyment and
exercise thereof as conferred by
the laws of the State of Arizona.
ARTICLE V.
The authorized amount OF the
capital stock of this corporation
shall be Two Hundred Thousand
($2OO, ,0OO.0O) Dollars, divided in
to two hundred thousand (2OO,-
OOOj shares of the par value OF
One ($1.oO) Dollar each. Upon
subscription therefor said capital
stock shall be paid into the cor
poration IN such manner and upon
sucn 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
ton 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
date of the issuance to it by the
Arizona Corpora. ion Commission
of a Certificate of Incorp oratlon
and the termination thereof shall
be twenty-five (25) yeas there
after, with the power of renewal
as provided by law.
ARTICLE VII. -
The management and conduct
of the business, property and af-
fairs of the corporation shall be
vested in and conducted by a
board of directors of not less taan
three (3}1 nor more, than seven
(71opers0ns, and all directors, ex-
cept 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
q president; evice-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
tunbent of which are not incon'
sistent, may be held by the same
: person. s Both the officers and dl-
rectors shall hold their offices Tor
the period Of one year from ana
after election and qualiflcation
and until their successors are eiec-
ted and qualified, unless removes
iy 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 I'LL
anv such vacancy or vacancies
shall hold his effi>e until the next
regular meeting of stockholders.
ARTICLE VIII.
The regular annual meeting OF
the STOCKHOLDERS shall be held at
the principal office of the corpora
ton on the second Monday IN
April Of each year, commenc ng
with the year 1880.
ARTICLE TX.
The 'irlcorporators shall name
the persons who shall constitute
the first board of dire tors and
when so selected by the incorpora,.
tors said members of the board
saall serve until the first annual
stockholders meeting and until
their successors are elected ana
qualified.
If1s3 xS''A 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 authorize
and cause to be executed mort
cages, debentures and other obll-
cations which shall be liens upon
Tae property and franchises OF the
| corporation, and, in genelal to ex'
ercise all the powers and authority
of the company not expressly with
h. Id from said board by law, or
by these articles of Incorporation.
or by the affirmative action OF
/ the stockholders. #
ARTICLE X1.
The stockholders and members
Of this corporation and their pri.
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