Nogales international., 1929-05-31

of the business. property and aB-
fairs of the corporation shall be
vested in and conducted by a
board of directors of not less than
three (3) nor more than seven
(T persons, and all directors, exc
sept 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
a president, vice-president, secre-
tarv and treasurer, and such other
officers as the board Of directors
shall deem expedient. and all shall
he elected or appointed by the
board of directors. Any two or
more offices, the duties of the in
umbent of which are not incon.
sistent, may be held by the same
person. Both the officers and d.
rectors shall hold their offices .fo'
the period of one year from and
after election and qualification
and until their. successors are elec-
ted and qualified, unless remove,
" the board. The directors shall
have the right to fill any vacancH
occurring in the board by death
resignation, or otherwise, and the
person or persons elected to fiji
any such vacancy or vacancie
shall hold his office until the rsx
regular meeting of stockholders.
APTTCTE> VIII
The regular annual meeting of
The stockholders s-4al be heIu a.
he principal office of the corpora
ion on the Sc ond Monday
April of each year, commencing
ith the year 1880.
ARTICLE TX.
The incorporators shall nam
he persons who shall constitut
he first board of directors an
when so selected by the incorpora-
tors said members of the boarc
all serve until the first annual
stockholders meeting and unit
heir successors are elected anu
qualified.
ARTICLE x.
The board of directors shall
ave the power to make and alte
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 obli-
cations which shall be liens upon
t.e property and franchises Of the
corporation, and, in general to ex-
ercise all the powers and authority
of the company not expressly with
h4ld from said board by law, or
by these articles Of Incorporation,
or by the affirmative action of
the stockholders.
ARTICLE XI. --
The stockholders and members
# this corporation and their pri
ate property shall be exemp
rom any liability for the debts OF
this corporation.
ARTICLE XII.
The highest amount of indebt-
1dness or liability direct or con-
tingent, to which this corporation
shall at any time subject itself
shall be computed by rules and re-
gulations of the Arizona Corpora
ton Commission, but shall not ex-
ceed One Hundred Thirty-three
and 33/ 100 ($133,333.33) Dollars.
ARTICLE XIII.
Duane Bird of Nogales. Santa
Cruz County, Arizona, who has
been a bona fide resident of the
State of Arizona for at least three
(3) years, is hereby appointed the
awful agent of this corporation
for and on behalf of it, to accept
and acknowledge service, and up
on whom may be served all neces-
sary pros es5 in any action, suit or
proceeding that may be held or
brought against this corporation
in any of the courts of the State
of Arizona, and for all purposes
required by law.
IN WITNESS WHEREOF, we
AVE hereunto set our hands this
23rd day of April, A. D. 1929.
r. C.. LARIMORE
MYRA LARIMORE
STATE OF ARIZONA
COUNTY OF SANTA CRUZ
The foregoing instrument was
acknowledged before me on this
the 23rd day Of April, 1929, by r.
c. Larimore and Myra Larimore,
who stated to me that they exc
cuted the same for the purposes
and consideration therein express
sed.
DUANE BIRD.
Notary Public
| (SEAL)
Ny commission expires December