Nogales international., 1929-04-19
LEGAL NOTICE

will. rights and property of any
person, firm. association or corp
oration, and pay for the same Ill
cash or stock, bonds or obligations
of this corporation, or otherwise.
To issue bonds, nores, deben
lures or otLo: forms OF corporat'.
obligations and to sell, pleage OF
hypothe> 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, hol0,
sci. and dispose of the stock,
bonds or other evidences of in
oebtedness OF this or any Other
corporation, domestic or foreign,
and to issue and exchange there
for it's stock, bonds or othe,
obligations. 3D.
Without in any particular limit
ing any of the objects, OF pur
poses or powers of the corpora
ton, the business or purposes o.
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 busl.
nesses in any manner connected
herewith, 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 a corp
Grafton may lawfully do; and in
carrying on its business, or fol
the purpose OF attaining or. fur
therlng any Of its objects, to- do
any and a.! acts and things. anO
10 exercise any and all otner
powers which a co-partnership OF
natural person could do and exer-
else, anu which now or hereafter
may be authorized by law, and
either as, or by and through
principals, agents, attorneys, trus-
tees, contractors, factors, lessons,
l9ssees, or otherwise, either alone
or in conjunction with others 0nd
IN any part Of the world; and in
addition to have and to exercise
all the rights, powers and priv
-<ges 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
($1vO,OU0.O0Q Dollars, divided in
10 ten thousand (10,O0O) shares
Of the par value of Ten ($10.00)
Dol-ars each. Upon subscription
t4.ereA or 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, TOR 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 shal! thereupon and there
Dy 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
erty purchased snail be con-
elusive.
ARTICLE vi.
The time of the commencement
of tnis corporation snail! be the
cate of the issuance to it by the
arizona Corporation Commission
OF certificate of in, ,Orporation,
and the termination tnereof snail
be twenty-five (25) years 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 tnan
three (3) nor more than seven
CD persons, 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
articles hereinafter set forth. The
officers of the company shal! con-
sist of a President, Vice-President,
secretary and Treasurer, and such
other officers as the Board Of ~Di-
'ectors shall deem expsdient. and
all shall be elected or appointed
by the Board of Directors. ANY
two or more offices. the duties of
the incumbent of which are not
inconsistent, may be held by the
same person. Both the officers
and directors shal! hold their of
fices for the period of one year
from and after election and quail
lfication and until their successors
are elected and qualified, unless
removed by the board. The di-r
rectors shall have the right to fiji!
any vacancy occurring in the board
by death, resignation, or other
wise, and the person or persons
elected to fill any such vacancy
or vacan> les shall! hold his office
unit! the next regular meeting of
stockholders.
ARTICLE VIII.
The regular annual meeting of
the stockholders shall be held at
the principal! office of the corp
grafton on the third Tuesday in