Nogales international., 1929-04-09
ARTICLE III.

CHESHIRE BROS. M OF y II
CO."
ARTICLE III.
The principal place of business
of the corporation shall be No
gales, Santa Cruz County. Ari-
zona, but the corporation may
have SUI h branch offices, within
or without the State of 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 ~.
The general nature of the busl-
ness proposed to be transacted py
tue corporation is as follows, to-
wit:
10 carry on and engage in the
automou!e, automobile accessory.
auromoDne supply and automoolle
garage BUSINESS: to purchase'
lease, or otherwise acquire, oWn'
ex,nange, sell, or dispose o1'
p.edge, mortgage, hypotnecate
ana dea! in automobiles, automo-
c1rs accessories and automoblse
supplies OF every kind and de-
scrlptlon; to own, operate, conduct
ana MAINTAIN automobile sales
looms. yards and places, automo-
bile garages, assembling rooms
and repair shops; to acquire. oWn'
purchase, SCI. or dispose OF. auto
mobile sales rights and franchises
and to acquire, own. purcnase'
i.old, sell, assign, transfer, pledge
or otherwise dispose OF and en-
dorse and guaranty the payment
OF promlssoly 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, or
otherwise acquire, own, exNhange,
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, nores, deben-
lures or OF y: forms OF corporate
obligaAions and to sell. pleoge or
i.ypornes 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
uebtedness OF this or any other
corporation, domestic or foreign,
and to issue and exchange there
for it's stock, bonds or other
obligations.
" itnout in any particular limit
ing any of the objects, or pur-
poses or powers OF the corpora
ton, 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 or busi-
nesses in any manner connected
therewitn, 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 corp
GRAFTON may lawfully do; and in
carrying on it's business, or for
the purpose OF attaining or fur
the1ing any of it's objects, to do
any and al! acts and things. and
10 eXer. Use any and all other
powers which a co-partnership or
natural person could do and exer-
clse, 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 nave and to exercise
all tie rights, powers and privi-
.xges 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
($1oO,0U0.00) Dollars, divided in
10 ten thousand (10,O00) shares
OF the par value Of Ten ($1O.00)
Dol4ars each. Upon subscription
t44ere4or said capital stock shall be
laid 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 sinai! thereupon and there
by become and be fully paid up
and non -assessable, and in the
absence of actua! fraud in the
transaction, the judgment of the
board of dire tors as to the value
OF the services rendered or prop
a1.fv nl1rcha sod shall ho con.