Nogales international., 1929-04-19
LEGAL NOTICE


dire tly or Indirectly.
(f) Without in any particular
limiting any Of the objects or pur-
poses or powers of the corporation,
the business or purposes of the
corporation shall be from time 20
time to do any one or more or all
of the acts and things herein set
forth, and all such other acts.
things and business or businesses
in any manner connected Herewith,
or ne essary, incidental, conven-
lent or auxiliary thereto, or calcu-
lated directly or indirectly to pro-
mote the interests of the corpora
ton or enhance the value Of or
render profitable any of its pro-
perty or rights, as such corpora
tion may lawfully do; and in car
rying on it's business, or for the
purpose of attaining Or furthering
any of its obje, is, to do any and all
acts and things. and to exercise
any and all other powers which a
co-partnership or natural person
could do and exercise, and which
now or hereafter may be author
lied by law, and either as, or by
and tnrough principals, agents, at
torneys, trus .ees, contra tors, tac-
tors, lessons, !essees. 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, pow
ers and privileges now or hereaf-
ter belonging TO or conferred upon
corporations organized under the
provisions of the flaW authorizing
TIE TO- nation OF SUCH corporations.
ARTICLE v.
The authorized amount of the
capital sro,k OF this corporation
sna:I be One Million ($1,UU0,O00.-
UO) Dollars, divided into one hun
ored Thousand (IUO,OOU) shares of
tie par value OF Ten ($10.0O) Doll
Ials each. upon subscription there
for said capital stock sail be paid
INTO TIE corporation in such manner
and upon such terms as the Board
of Directors may fix in cash, SER
vices, or by the sale. transfer and
assignment to the corporation OF
pIole1tJ, property rights or inter
ests therein, rea! or personal, tor
che uses and purposes OF the cor
poration, and in payment for
which, snares of the capital stock
Of the corporation may be issued
and such sto,k so issued shall the ere
Upon and thereby become and be
(Aully paid up and non-assessable,
and in the aDsen,e Of actual fraud
in the transaction, the judgement
of the Board of Directors as to the
value of the services rendered or
property purchased shall be con-
lusive.
ARTICLE vi.
The time of the commencement
of this corporation shall be the date
IF the issuance to it by the Arizo-
ma Corporation Commission Of a
Certificate of Incorporation and
the termination thereof shall be
twenty-five (25) years thereafter,
with. the power of renewal as pro-
5ided by law.
ARTICLE VII.
The management and conduct of
the business. property and affairs
of the corporation shall be vested
N and conducted by a Board of
Directors of not less than three
(3) nor more than seven CD per-
sons, and all directors, except in
case of vacancies, shall be elected
at the annual meeting of stock
.lolders, except the first board,
which is chosen as in these articles
hereinafter set forth. The officers
of the company consist of Presi-
dent, Vice-President, Secretary,
and Treasurer, and such other Of
licers as the Board of Directors
shah deem expedient, and all shall
oe elected or appointed by the
Board of Directors. Any two or
more offices. the duties of the in
cumbent of which are not inconsis-
tent, may be he'd by the same per-
son. Both the Officers and directors
snail hold their offices for the per-
lod of one year from and aIter
election and qualification and until
cheir successors are elected and
.ualiIied, unless removed by the
.oard. The directors snail have the
light to fill any vacan>y occurring
n the board by death, resignation,
Jr otherwise, and the person or
ersons erected to fill any such
Acancy or vacancies shall hold
is of1lce until the next regular
.ltetlng of stockholders. D..
ARTICLE VIII.
The regular annual meeting of
the stockholders shal! be held at
the principal office of the corpora
ton on the third Monday in JAN
uary of each year, commencing
with the year 1880.
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 annua!
stockholders meeting and until
tneir successors are elected and
qualified.
ARTICLE x.
The Board of Directors shall
have the power to make and alter
the bylaws of the corporation; to
lix the amount to be reserved as
working capital, and to authorize
and cause to be executed mort
cages, debentures and other obi
cations which shall be liens upon