Nogales international., 1929-05-07
LEGAL NOTICE


cause any impairment OF the capi-
Ia! of this Corporation, and provId-
ea, further, that shares OF Its OWN
capital stock belonging to this Cor
poration shall noa be voted upon
dire >t!y or indirectly.
IT, Without IN any particular
limiting any of the obJecrs 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 hereln set
tortn, and al! such other acts.
things and business or businesses
III any manner connected Herewith,
sor ne e<essary, incidental, conven-
lent Sor auxiliary thereto, or ca!cu-
!aIed olrectIy or indirectly to pro-
mote tue interests or the corpora
ton or enhance the value OF or
render proIltaDie any or It's pro-
pcrty or rights, as sucn a corpora
zion may lawfully do; and IN car
"
purpose of ATTAINING Or furtherlng
any or It's oDJe> is, to GO any and all
acts ana things. and to exercise
any and all oUner powers which a
co-partnerShip or natural person
could 90 and exercise, and which
now or hereafter may be autn0r-
lzed by law, and either as, or by
and through principals, agents, at
torneys, trusse.es, contractors, 4ac-
tors, lessons, .eSsees. or otherwise,
eILI4er alone or IN conjunction with
otuers and in any part OF the
world: and In auultlton 20 nave
and to exercise all the rights, pow
ers ana privileges now or hereaf-
ter belonging " or conferred upon
corporations organized under the
provisions OF r4.e law auG.lorrzlng
the formation or such corporations.
AhIiCAE, V.
The authorized amount of the
capital stock OF this corporation
sua:i be One M7.iion ($l,vvO,U00.-
CO., Dollars, divided into one num-
dred thousand (IvU,0OU) Snares of
lne par value OF len ($l0.U0) Dol
iaTB each. Upon subscription there
lor saia caplIal stock s44aIl be paid
into TIE corporation in such manner
ana upon such terms asvtne Board
0f Directors may tlx in cash, SER
h1 G.ii q o. O MI
..ssIg gnmenr to tile corporation or
property, property rights or inter-
.sts therein, rea! or personal, tor
me uses and purposes OF tue COR
poration, and in payment for
which, snares Of the capita. stock
OF the corporation may be issued
and such sto> X so issued snail thers-
upon anu thereby become and be
tully paid up and n0n-asse ssable,
ana in the aDsenle 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-
elusive.
ARTICLE W.
The time OF the commencement
of this corporation shall be the date
sof the issuance to 1t by the ,Arlzo-
ma Corporation Commission OF a
Certificate of Incorporation ana
the termination tnereot shall be
twenty-five (25) years thereafter,
with the power OF renewal as pro-
vided- by law.
ARTICLE VII.
The management and conduct Of
the business. property and affairs
of the corporation shall be vested
in and conducted by a Board of
Directors OF not less than three
(3) nor more than seven (7) per-
sons, and all directors, except in
case of vacancies, shal. be elected
at the annual meeting of stock
holders, except the first board,
winch is chosen as in these articles
hereinafter set forth. The officers
OF the company consist OF a Presi-
dent, Vice-Frssident, Secretary,
and Treasurer, and such other Of
lticers as the Board of Directors
shalt deem expedient, and all shall
be 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. botn the Officers and directors
snail hold their offices tor the per-
iod OF 9 one year from and after
election and qualification and until
their successors ere elected and
.,uailAled, unless removed by the
Joard. The directors snail have the
right to Till any vacan, y occurring
In the board by death, resignation,
or otherwise, and the person or
.,ersons e:ected to fill any such
.acancy or vacancies shall hold
Is of1lce until the next regular
~etlng of stockholders.
ARTICLE VIII.
The regular annual meeting of
the stockholders shall be held at
the prinsipal 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 unit. the first annua!
stockholders meeting and until
their successors are elected ana
QUALIFIED.
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